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North America Citric Acid Market Report by Application (Food and Beverages, Household Detergents and Cleaners, Pharmaceuticals, and Others), Form (Anhydrous, Liquid), and Country 2024-2032

July 2024 | 125 pages | ID: NAD2C408E930EN
IMARC Group

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The North America citric acid market size reached 595,300 Tons in 2023. Looking forward, IMARC Group expects the market to reach 792,540 Tons by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.

Citric acid (C6H8O7), is a commodity chemical which occurs naturally in citrus fruits such as lemons and oranges. To produce citric acid synthetically, cultures of Aspergillus niger fungus are fed on sucrose or glucose-containing medium. As it is rich in antioxidants, it aids in protecting against diseases and acts as an alkalizing agent for decreasing acidity in the human body. Owing to these benefits, citric acid is used as an acidulant in the food and beverage industry. It is also utilized in the production of soaps and detergents, pharmaceuticals, shampoos and conditioners, cosmetics, lubricants, and animal feed.

North America represents one of the largest markets for citric acid in the world. Citric acid and its derivatives are primarily employed in the food and beverage industry for controlling the growth of microorganisms, providing sourness and tartness, and enhancing flavors. Apart from this, the demand for citric acid in the detergents and cleaning agents has increased owing to the prohibition of phosphate in their manufacturing by governing authorities in different countries of North America. Further, usage of citric acid in the pharmaceutical industry for manufacturing digestive medicines is also expected to spur the demand in the upcoming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America citric acid market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on application and form.

Key Regions Analyzed
United States
Canada

Analysis for Each Country

Market by Application
Food and Beverages
Household Detergents and Cleaners
Pharmaceuticals
Others

Market by Form
Anhydrous
Liquid

Market by Imports and Exports
Imports
Exports

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

IMARC Group’s latest report provides a deep insight into the North America citric acid market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America citric acid market in any manner.

Key Questions Answered in This Report:
How has the North America citric acid market performed so far and how will it perform in the coming years?
What are the key regions in the North America citric acid market?
What has been the impact of COVID-19 on the North America citric acid market?
What is the breakup of the North America citric acid market on the basis of application?
What is the breakup of the North America citric acid market on the basis of form?
What are the various stages in the value chain of the North America citric acid industry?
What are the key driving factors and challenges in the North America citric acid industry?
What is the structure of the North America citric acid industry and who are the key players?
What is the degree of competition in the North America citric acid industry?
What are the profit margins in the North America citric acid industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Physical and Chemical Properties
4.3 Key Industry Trends

5 GLOBAL CITRIC ACID MARKET

5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Form
5.4 Market Breakup by Region
5.5 Market Forecast

6 NORTH AMERICA CITRIC ACID MARKET

6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast

7 NORTH AMERICA CITRIC ACID MARKET: BREAKUP BY APPLICATION

7.1 Food and Beverages
7.2 Household Detergents and Cleaners
7.3 Pharmaceuticals
7.4 Others

8 NORTH AMERICA CITRIC ACID MARKET: BREAKUP BY FORM

8.1 Anhydrous
8.2 Liquid

9 NORTH AMERICA CITRIC ACID MARKET: BREAKUP BY COUNTRY

9.1 United States
  9.1.1 Historical Market Trends
  9.1.2 Market Breakup by Application
  9.1.3 Market Breakup by Form
  9.1.4 Market Forecast
9.2 Canada
  9.2.1 Historical Market Trends
  9.2.2 Market Breakup by Application
  9.2.3 Market Breakup by Form
  9.2.4 Market Forecast

10 IMPORTS AND EXPORTS

10.1 Imports
10.2 Exports

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

12.1 Overview
12.2 Input Suppliers
12.3 Farmers
12.4 Collectors
12.5 Manufacturers
12.6 Distributors
12.7 Exporters
12.8 Retailers
12.9 End-Users

13 PORTER’S FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players


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