Citric Acid Market Report: Trends, Forecast and Competitive Analysis
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The future of the citric acid market looks promising with opportunities in the food and beverage, pharmaceuticals, and cosmetics applications. The global citric acid market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are growth in pharmaceutical and personal care industries and growing awareness of the use of natural ingredients in food products.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of citric acid market report download the report brochure.
The study includes trends and forecasts for the global citric acid market by form, application, function, and region as follows:
By Form [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Food and beverages will remain the largest application segment and witness the highest growth due to the increasing usage of citric acid as flavor enhancer, acidulant, antioxidant, preservative, buffering agent, and sequestrant in food industry.
Europe will remain the largest region over the forecast period due to the increasing usage of citric acid as a functional additive in the processed food & beverage market.
Some of the citric acid companies profiled in this report include Archer-Daniels-Midland Company, Cargill, Tate & Lyle, JUNGBUNZLAUER SUISSE AG, COFCO Biochemical (AnHui), HUANGSHI XINGHUA BIOCHEMICAL, RZBC Group, Weifang Ensign Industry, Gadot Biochemical Industries Limited, and S.A. Citrique Belge
Features of Citric acid Market
Q.1 What are some of the most promising potential, high-growth opportunities for the global citric acid market by form (anhydrous and liquid), application (food and beverage, pharmaceuticals, cosmetics, and others), function (acidulant, antioxidant, preservative, and sequestrant), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the citric acid market?
Q.5 What are the business risks and threats to the citric acid market?
Q.6 What are emerging trends in this citric acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the citric acid market?
Q.8 What are the new developments in the citric acid market? Which companies are leading these developments?
Q.9 Who are the major players in the citric acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the citric acid market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the citric acid market?
The future of the citric acid market looks promising with opportunities in the food and beverage, pharmaceuticals, and cosmetics applications. The global citric acid market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are growth in pharmaceutical and personal care industries and growing awareness of the use of natural ingredients in food products.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of citric acid market report download the report brochure.
The study includes trends and forecasts for the global citric acid market by form, application, function, and region as follows:
By Form [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
- Anhydrous
- Liquid
- Food and Beverage
- Pharmaceuticals
- Cosmetics
- Others
- Acidulant
- Antioxidant
- Preservative
- Sequestrant
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
Food and beverages will remain the largest application segment and witness the highest growth due to the increasing usage of citric acid as flavor enhancer, acidulant, antioxidant, preservative, buffering agent, and sequestrant in food industry.
Europe will remain the largest region over the forecast period due to the increasing usage of citric acid as a functional additive in the processed food & beverage market.
Some of the citric acid companies profiled in this report include Archer-Daniels-Midland Company, Cargill, Tate & Lyle, JUNGBUNZLAUER SUISSE AG, COFCO Biochemical (AnHui), HUANGSHI XINGHUA BIOCHEMICAL, RZBC Group, Weifang Ensign Industry, Gadot Biochemical Industries Limited, and S.A. Citrique Belge
Features of Citric acid Market
- Market Size Estimates: Citric acid market size estimation in terms of value ($M) and volume (kilotons)
- Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
- Segmentation Analysis: Market size by form, application, and function
- Regional Analysis: Citric acid market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different form, application, and function, and regions for citric acid market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the citric acid market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q.1 What are some of the most promising potential, high-growth opportunities for the global citric acid market by form (anhydrous and liquid), application (food and beverage, pharmaceuticals, cosmetics, and others), function (acidulant, antioxidant, preservative, and sequestrant), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the citric acid market?
Q.5 What are the business risks and threats to the citric acid market?
Q.6 What are emerging trends in this citric acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the citric acid market?
Q.8 What are the new developments in the citric acid market? Which companies are leading these developments?
Q.9 Who are the major players in the citric acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the citric acid market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the citric acid market?
1. EXECUTIVE SUMMARY
2. MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Citric Acid Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Citric Acid Market by Form
3.3.1: Anhydrous
3.3.2: Liquid
3.4: Global Citric Acid Market by Application
3.4.1: Food and Beverage
3.4.2: Pharmaceuticals
3.4.3: Cosmetics
3.4.4: Others
3.5: Global Citric Acid Market by Function
3.5.1: Acidulant
3.5.2: Antioxidant
3.5.3: Preservative
3.5.4: Sequestrant
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2014 T 2025
4.1: Global Citric Acid Market by Region
4.2: North American Citric Acid Market
4.2.1: Market by Form
4.2.2: Market by Application
4.2.3: Market by Function
4.2.4: The US Citric Acid Market
4.2.5: The Canadian Citric Acid Market
4.2.6: The Mexican Citric Acid Market
4.3: European Citric Acid Market
4.3.1: Market by Form
4.3.2: Market by Application
4.3.3: Market by Function
4.3.4: German Citric Acid Market
4.3.5: United Kingdom Citric Acid Market
4.3.6: French Citric Acid Market
4.3.7: Italian Citric Acid Market
4.4: APAC Citric Acid Market
4.4.1: Market by Form
4.4.2: Market by Application
4.4.3: Market by Function
4.4.4: Chinese Citric Acid Market
4.4.5: Japanese Citric Acid Market
4.4.6: Indian Citric Acid Market
4.4.7: South Korean Citric Acid Market
4.5: ROW Citric Acid Market
4.5.1: Market by Form
4.5.2: Market by Application
4.5.3: Market by Function
5. COMPETITOR ANALYSIS
5.1: Product Portfoli Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Citric Acid Market by Form
6.1.2: Growth Opportunities for the Global Citric Acid Market by Application
6.1.3: Growth Opportunities for the Global Citric Acid Market by Function
6.1.4: Growth Opportunities for the Global Citric Acid Market by Region
6.2: Emerging Trends in the Global Citric acid Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Citric Acid Market
6.3.3: Technology Development
6.3.4: Mergers and Acquisitions in the Global Citric Acid Industry
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Archer-Daniels-Midland Company
7.2: Cargill
7.3: Tate & Lyle
7.4: JUNGBUNZLAUER SUISSE
7.5: COFCO Biochemical (AnHui)
7.6: HUANGSHI XINGHUA BIOCHEMICAL
7.7: RZBC Group
7.8: Weifang Ensign Industry .
7.9: Gadot Biochemical Industries Limited
7.10: S.A. Citrique Belge
2. MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Citric Acid Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Citric Acid Market by Form
3.3.1: Anhydrous
3.3.2: Liquid
3.4: Global Citric Acid Market by Application
3.4.1: Food and Beverage
3.4.2: Pharmaceuticals
3.4.3: Cosmetics
3.4.4: Others
3.5: Global Citric Acid Market by Function
3.5.1: Acidulant
3.5.2: Antioxidant
3.5.3: Preservative
3.5.4: Sequestrant
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2014 T 2025
4.1: Global Citric Acid Market by Region
4.2: North American Citric Acid Market
4.2.1: Market by Form
4.2.2: Market by Application
4.2.3: Market by Function
4.2.4: The US Citric Acid Market
4.2.5: The Canadian Citric Acid Market
4.2.6: The Mexican Citric Acid Market
4.3: European Citric Acid Market
4.3.1: Market by Form
4.3.2: Market by Application
4.3.3: Market by Function
4.3.4: German Citric Acid Market
4.3.5: United Kingdom Citric Acid Market
4.3.6: French Citric Acid Market
4.3.7: Italian Citric Acid Market
4.4: APAC Citric Acid Market
4.4.1: Market by Form
4.4.2: Market by Application
4.4.3: Market by Function
4.4.4: Chinese Citric Acid Market
4.4.5: Japanese Citric Acid Market
4.4.6: Indian Citric Acid Market
4.4.7: South Korean Citric Acid Market
4.5: ROW Citric Acid Market
4.5.1: Market by Form
4.5.2: Market by Application
4.5.3: Market by Function
5. COMPETITOR ANALYSIS
5.1: Product Portfoli Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Citric Acid Market by Form
6.1.2: Growth Opportunities for the Global Citric Acid Market by Application
6.1.3: Growth Opportunities for the Global Citric Acid Market by Function
6.1.4: Growth Opportunities for the Global Citric Acid Market by Region
6.2: Emerging Trends in the Global Citric acid Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Citric Acid Market
6.3.3: Technology Development
6.3.4: Mergers and Acquisitions in the Global Citric Acid Industry
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Archer-Daniels-Midland Company
7.2: Cargill
7.3: Tate & Lyle
7.4: JUNGBUNZLAUER SUISSE
7.5: COFCO Biochemical (AnHui)
7.6: HUANGSHI XINGHUA BIOCHEMICAL
7.7: RZBC Group
7.8: Weifang Ensign Industry .
7.9: Gadot Biochemical Industries Limited
7.10: S.A. Citrique Belge
