Global Acidulants Market, By Type (Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid and Others), Function (Food and Feed), Application (Beverages, Dairy and Frozen Products, Bakery, Meat, Poultry and Seafood, Confectionary, Fruits and Vegetables and Others), Source (Natural and Synthetic), Feed Form (Dry and Liquid), Feed Compound (Blended and Single Compound), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the acidulants market will project a CAGR of 4.6% for the forecast period of 2021-2028. Shifting consumer lifestyle, rising demand for processed food owing to the ever rising population and increased focus on sustainable products are the major factors driving the growth of acidulants market.
Acidulants are chemical compounds that are used to give a tart flavour or a sharp taste to the food and beverage items. Acetic acid and citric acid are the two most common instances of acidulants. These have excellent solubility and low toxicity. Acidulants are the additives that can also be used as preservatives in food and beverage items to inhibit the growth of microbes. Acidulants are widely used in the food and beverages industry as chelating agents, gelling agents, preservatives, flavouring agents, coagulation agents and buffers.
Increased use of acidulants by food and beverage industries is a major factor responsible for the growth in acidulants market value. Rising demand for meat and frozen meat products is fostering the growth in demand for acidulants. Rising technological advancements and increased expenditure on the research and development activities on acidulants by various biotechnological companies is further creating lucrative market growth opportunities. Increased focus of the government over the growth and expansion of feed industry will also propel growth of acidulants.
However, high prices associated with feed acidulants will pose a major challenge to the growth of the market. Prevalence of substitutes to acidulants in the market and that too at low prices will further create hurdles for the market growth.
This acidulants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on acidulants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Acidulants Market Scope and Market Size
- The acidulants market is segmented on the basis of type, function, application, feed form and feed compound. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the acidulants market is segmented into citric acid, lactic acid, acetic acid, phosphoric acid, malic acid and others.
- On the basis of function, the acidulants market is segmented into food and feed. Food segment is sub-segmented into preservative, acidity regulator, antimicrobial, flavour and others. Feed segment is sub-segmented into PH control and feed efficiency.
- On the basis of application, the acidulants market is segmented into beverages, dairy and frozen products, bakery, meat, poultry and seafood, confectionary, fruits and vegetables and others.
- On the basis of feed form, the acidulants market is segmented into dry and liquid.
- On the basis of feed compound, the acidulants market is segmented into blended and single compound.
Acidulants Market Country Level Analysis
The acidulants market is analyses and market size, volume information is provided by country, type, function, application, feed form and feed compound as referenced above.
The countries covered in the acidulants market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA).
Asia- Pacific dominates the acidulants market in terms of market share, market value and production volume. The region will continue to excel its dominance during the forecast period. China is the major contributor from this region. Asia-Pacific will also project the highest growth rate during the forecast period. Rising demand for processed food is one of the major factors fostering the growth of market in this region. Growth and expansion of food and beverages industry especially in the developing economies is bolstering the growth in this region. Rising population and rising personal disposable income are some other indirect market growth determinants.
The country section of the acidulants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acidulants Market Share Analysis
The acidulants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acidulants market.
The major players covered in the acidulants market report are ADM, DSM, Brenntag GmbH,, Cargill, Incorporated., Hawkins Watts Limited, Tate & Lyle, Univar Solutions Inc., FDL Ltd, Batory Foods, INDUSTRIAL TÉCNICA PECUARIA, S.A., Impextraco NV, Yara, Kemin Industries, Inc. Perstorp, Peterlabs Holdings Berhad., Jefo, Pancosma, Foodchem International Corporation, Corbion NV and FBC Industries among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately
Customization Available : Global Acidulants Market
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