Cargill, Incorporated, Brenntag SE, Tate & Lyle dominated the Global Food Ingredients (Acidulants) Market in 2021

The Global Food Ingredients (Acidulants) Market is expected to grow with a CAGR of 5.4% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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The global food ingredients (acidulants) market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players dealing in the global food ingredients (acidulants) market are introducing a strong range of product providers and adopting strategic initiatives such as acquisition, business expansion, awards, and recognition. This helped companies to maximize sales with an enhanced product portfolio.

Cargill, Incorporated is the dominating player in the global food ingredients (acidulants) market. Some of the other key players existing in the market are Brenntag SE, Tate & Lyle, ADM, Jungbunzlauer Suisse AG, Corbion, Bartek Ingredients Inc., INDUSTRIAL TECNICA PECUARIA, S.A., DIARYCHEM, Weifang Ensign Industry Co., Ltd, FBC Industries, Chemvera Specialty Chemicals Pvt. Ltd., Direct Food Ingredients, Richest Group, Suntran.cn, Foodchem International Corporation, Arshine Pharmaceutical Co., Limited, Hawkins Watts Limited, Arihant Chemicals, and Innova Corporate, among others.

Cargill, Incorporated

Cargill, Incorporated was founded in 1865, and its headquarter is in Iowa, U.S. It has private ownership. The company focuses on bringing food, agricultural, financial and industrial products to people who need them worldwide. The company has product categories including acidulants, dry corn ingredients, cocoa & chocolate, edible oils, flour, sweeteners, health-promoting ingredients, food salt, hydrocolloids, lecithins, protein, starch & derivatives, in which acidulants is the market-focused category.

For instance,

  • In November 2018, Cargill, Incorporated entered into a partnership with six-channel partners to distribute their food ingredients. The six partners were Univar Inc., Gillco Ingredients, International Food Products Corporation, Batory Foods, Pearson Sales Company, and St. Charles Trading, Inc. from the U.S. and Canada. This has helped the company broaden its geographical presence and reach out to more customers

The company has a wide presence across the Americas, Europe, Asia-Pacific, Middle East and Africa. The subsidiaries are Cargill Ltd. (Canada), Cargill AgHorizons, Inc. (U.S.), Cargill Meat Solutions (U.S.), Cargill Espana S.A. (Spain), NatureWorks (U.S.), among others.

Brenntag SE

Brenntag SE was founded in 1874, with headquarters in Essen, Germany. It has public ownership. The company's main focus is to excel in every aspect of the company's business to remain on top. The company offers business segments such as food design, food safety & shelf life, food technology, non-edibles, nutrition & health, and processing aids, in which food safety & shelf life is the market-focused segment. The company offers product categories including acidulants, antioxidants, and preservatives, in which acidulants is the market-focused category.

For instance,

  • In March 2022, Brenntag SE acquired the Israeli specialty chemicals distributor Y.S. Ashkenazi Agencies Ltd, along with its subsidiary, Biochem Trading. This acquisition represents Brenntag's entry into the Israeli market. This acquisition will increase the goodwill of the company.

The company has a presence across Asia-Pacific, Europe, North America, South America, the Middle East and Africa.

Tate & Lyle

Tate & Lyle was founded in 1859 and had headquarters in London, U.K. It has public ownership. The company's main focus is to improve lives for generations, and all the people in the company have an important part to play in making this happen. The company offers business segments such as applications, types & solutions, and types, in which types is the market-focused segment. The company has product categories including fibers, gelling agents, non-GMO, sodium reduction, specialty flours and proteins, stabilizer systems, sweeteners, textures, thickeners, and transparency, in which specialty flours and proteins is the market-focused category.

For instance,

  • In December 2021, Tate & Lyle, a leading global food and beverage solutions and ingredients provider, announced that it had signed up for the UK's Food and Drink Federation's (FDF) Action on Fiber. This development will increase the customer base of the company.

The company has a presence across Europe, South America, North America, the Middle East and Africa, and Asia-Pacific. The subsidiaries are Astaxanthin Manufacturing Limited (London), G.C. Hahn and Company Limited(London), Hahntech International Limited (London), Harvey Steel Sugars Limited2( London), and Histonpark Limited (London).