According
to the new market research report by IndustryARC titled “Citric Acid Market: By End-Use Industry
(Food & Beverage, Pharmaceutical, Soap & Detergent, Printing and
Others), By Application (Acidulant, Stabilizer, Cleaning Agent, Binding Agent
and Others) & By Geography - Forecast (2018-2023)”, the market is driven
by the growth of the food, pharmaceutical, cosmetics, and toiletries
industries.
Asia
Pacific to dominate the Citric Acid Market during the forecast period
Asia Pacific is likely to dominate the Citric Acid Market during the
forecast period. China is the major consumer of household detergents, with
citric acid finding its application in detergents. Europe occupies the second
position in the market, followed by US, due to the consumption of citric acid
across the world. Africa, Japan, and Middle East hold an equal share due to
detergent consumption in household activities. In the Americas, the large end
user segment is the food and beverage segment, followed by the industrial
segment and pharmaceutical segment. In Europe, citric acid is used as
acidulates in the food & beverage industry.
Citric
Acid Market Analysis done in the full Report:
Citric acid has high antioxidant properties due to which it is used as
an excipient in pharmaceutical preparations. The salts of citric acid are used
as anticoagulants due to their Calcium chelating ability. 10% of citric acid is
used in non-food related products such as cosmetics, pharmaceuticals, and
chemical industry. In Biotechnology and pharmaceutical industries, citric acid
is used as a substitute for nitric acid to enhance high purity process piping.
It is even used in effervescent systems. These systems are applied in denture
cleaning products, pain relief and vitamin tablets. Citric acid is also used to
control the pH of the system. It acts as a buffering system which is used in
pharmaceutical and cosmetic applications to preserve the stability.
Talk to one
of our sales representative about the Citric Acid Market report by
providing your details in the link below:
Excerpts on Citric Acid Market Growth
Factors
- Citric
acid is used in the food canning industry to lower the pH and stop
enzymatic oxidation. It also plays an important role in the stability of
the frozen food.
- Citric acid is used as a blood
anticoagulant as the citrate ion chelates the Calcium, thereby preventing
blood from clotting.
- Citric
acid is an environmentally friendly chemical. Hence, it is used as a major
chemical in the industrial sector. This factor drives the demand for the
Citric Acid Market.
- Citric acid is used in the manufacturing
of detergents, where Sodium Citrate is used to increase the effectiveness
of surfactants due to its high solubility and degradability.
Key players of the Citric Acid Market
The main key players of the Citric Acid Market are Tate & Lyle,
Archer Daniels Midland Company (ADM), JungbunzlauerAG,Cargill Corporation, and
Hoffmann-La Roche AG. Tata &Lyte is the largest company in the Citric Acid
Market. It has a plant capacity of 165000 MTPA globally. Archer Daniels Midland
Company is the second largest company in the world and the largest company in
the US. It operates in divisions such as oil seed products, corn starch
products, bio-products, and other grains. Jungbunzlauer AG is specialized in
producing citric acid. Cargil Corporation is one of the world’s largest
agribusiness companies in the world. It started producing citric acid in 1991.
Hoffmann-La Roche AG manufactures flavors, fragrances, vitamins, carotenoids
and genetic- engineering products.
To access Citric Acid Market report,
browse the link below:
Citric Acid Market is segmented as below
Citric acid is used in industries such as pharmaceuticals, cosmetics,
and toiletries.
A. Citric Acid Market By Grade
1. Food grade
2. Industrial Grade
3. Pharmaceutical Grade
4. Others
B. Citric Acid Market ByForm
1. Powder
2. Liquid
C. Citric Acid Market By End Use Industry
1. Food & Beverage
2. Pharmaceutical
3. Soap & Detergent
4. Printing
5. Others
D. Citric Acid Market By Application
1. Acidulant
2. Stabilizer
3. Cleaning Agent
4. Binding Agent
5. Others
E. Citric Acid Market By Geography( covers 11+ countries)
F. Citric Acid Market Entropy
Companies
Citied / Interviewed in Citric
Acid Market:
1. COFCO Bio-chemical
(Anhui) Co., Ltd
2. Yixing-union Biochemical
Co., Ltd
3. Jiangsu GadotNuobei
Biochemical Co., Ltd
4. Shandong JuxianHongde
Citric Acid Co., Ltd.
5. HuangshiXinghua
Biochemical Co., Ltd
6. LaiwuTaihe Biochemical
Co., Ltd
7. Shandong Hongshide
Chemical Co., Ltd
8. Tate & Lyle
9. Archer Daniels Midland
Company
10. Hoffmann-La Roche AG
11. Company 11+
Related
Report:
A. Flavor
Additives and Enhancers Market
B.
Food Acidulants Market
What can you expect from the report?
The Citric Acid Market report is Prepared with the Main Agenda to Cover
the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue &
Volume)
2. Market trends & Relevant Market Data 12.
Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20.
Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application
based reports in Citric Acid segment?
Response: Yes, we do have separate reports as mentioned below:
1.
Americas Citric Acid Market Report(2018-2023)
2. Europe
Citric Acid Market Analysis (2018-2023)
3. Asia
Pacific Citric Acid Market Trends (2018-2023)
Q. Does IndustryARC provide customized reports and
charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data
from our database of reports and annual subscription databases. We can provide
the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which
are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking,
value and supply chain analysis can be requested for a country or end use
segment.
Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting
services.
To request for a proposal, provide your details in the below link:
Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)
About IndustryARC:
IndustryARC is a Research and Consulting Firm
that publishes more than 500 reports annually, in various industries such as
Agriculture, Automotive, Automation & Instrumentation, Chemicals and
Materials, Energy and Power, Electronics, Food & Beverages, Information Technology,
Life sciences & Healthcare.
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