Organic Acid Market Report: Trends, Forecast and Competitive Analysis
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The future of the organic acids market looks promising with opportunities in the food and beverages industry, animal feed, chemical industry, pharmaceuticals, personal care, agriculture, and others. The global organic acids market is expected to grow with a CAGR of 7%-8% from 2020 to 2025. The major drivers for this market are increasing demand for convenience food and technological innovations, and production of organic acids from cost effective renewable sources are other factors driving the market growth.
A total of XX figures / charts and XX tables are provided in more than 150 pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global organic acids market report, please download the report brochure.
The study includes trends and forecast for the global organic acids market by product type, source type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Formic Acid
Citric Acid
Lactic Acid
Acetic Acid
Gluconic Acid
Itaconic Acid
Propionic Acid
Succinic Acid
Pyruvic Acid
Others
By Source Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Biomass
Molasses
Starch
Chemical Synthesis
Agro-Industrial Residue
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food and Beverage
Chemical
Agriculture
Pharmaceutical
Beauty and Personal Care
Animal Feed
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Asia Pacific
Japan
China
India
The Rest of the World
Brazil
Argentina
South Africa
Some of the organic acids companies profiled in this report include BASF SE, Cargill, the Dow Chemical Company, Henan Jindan Lactic Acid Technology Co. Ltd, Archer Daniels Midland Compan, Eastman Chemical Company, Myriant Corporation, Corbion N.V., Koninklijke DSM N.V., and Tate & Lyle Plc.
In this market, formic acid, citric acid, lactic acid, acetic acid, gluconic acid, itaconic acid, others, propionic acid, succinic acid, pyruvic acid are the major product types. Lucintel forecasts that acetic acid will remain the largest segment over the forecast period because owing to its antibacterial and antifungal properties, is a significant growth attribute for the market.
Within this market, food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others are the major application of organic acids. Food and beverage will remain the largest segment by application type over the forecast period due to increased consumer demand for organic acid-fortified food & beverages, owing to their antioxidant and preservative properties.
Asia-Pacific is expected to witness the highest growth over the forecast period due to growing consumer awareness about benefits of organic acids, availability of products, and high consumption of organic acids product, relatively lower operational costs in this region enable manufacturers to have competitive pricing on a global platform.
Features of the Global Organic Acids Market
Market Size Estimates: Global organic acids market size estimation in terms of value ($M) shipment.Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.Segmentation Analysis: Global organic acids market size by various segments, such as product type, source type, and application in terms of value.Regional Analysis: Global organic acids market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.Growth Opportunities: Analysis of growth opportunities in different product type, source type, application, and region for the global organic acids market.Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global organic acids market.Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global organic acids market by product type (formic acid, citric acid, lactic acid, acetic acid, gluconic acid, itaconic acid, propionic acid, succinic acid, pyruvic acid, and others), source type (biomass, molasses, starch, chemical synthesis, and agro-industrial residue), application (food and beverages, animal feed, chemical, pharmaceuticals, personal care, agriculture, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region 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 global Organic Acids market?
Q.5 What are the business risks and threats to the global organic acids market?
Q.6 What are emerging trends in this organic acids market and the reasons behind them?
Q.7 What are some changing demands of customers in this organic acids market?
Q.8 What are the new developments in this organic acids market? Which companies are leading these developments?
Q.9 Who are the major players in this organic acids 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 this organic acids 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 global organic acids market?
The future of the organic acids market looks promising with opportunities in the food and beverages industry, animal feed, chemical industry, pharmaceuticals, personal care, agriculture, and others. The global organic acids market is expected to grow with a CAGR of 7%-8% from 2020 to 2025. The major drivers for this market are increasing demand for convenience food and technological innovations, and production of organic acids from cost effective renewable sources are other factors driving the market growth.
A total of XX figures / charts and XX tables are provided in more than 150 pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global organic acids market report, please download the report brochure.
The study includes trends and forecast for the global organic acids market by product type, source type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Formic Acid
Citric Acid
Lactic Acid
Acetic Acid
Gluconic Acid
Itaconic Acid
Propionic Acid
Succinic Acid
Pyruvic Acid
Others
By Source Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Biomass
Molasses
Starch
Chemical Synthesis
Agro-Industrial Residue
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food and Beverage
Chemical
Agriculture
Pharmaceutical
Beauty and Personal Care
Animal Feed
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Asia Pacific
Japan
China
India
The Rest of the World
Brazil
Argentina
South Africa
Some of the organic acids companies profiled in this report include BASF SE, Cargill, the Dow Chemical Company, Henan Jindan Lactic Acid Technology Co. Ltd, Archer Daniels Midland Compan, Eastman Chemical Company, Myriant Corporation, Corbion N.V., Koninklijke DSM N.V., and Tate & Lyle Plc.
In this market, formic acid, citric acid, lactic acid, acetic acid, gluconic acid, itaconic acid, others, propionic acid, succinic acid, pyruvic acid are the major product types. Lucintel forecasts that acetic acid will remain the largest segment over the forecast period because owing to its antibacterial and antifungal properties, is a significant growth attribute for the market.
Within this market, food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others are the major application of organic acids. Food and beverage will remain the largest segment by application type over the forecast period due to increased consumer demand for organic acid-fortified food & beverages, owing to their antioxidant and preservative properties.
Asia-Pacific is expected to witness the highest growth over the forecast period due to growing consumer awareness about benefits of organic acids, availability of products, and high consumption of organic acids product, relatively lower operational costs in this region enable manufacturers to have competitive pricing on a global platform.
Features of the Global Organic Acids Market
Market Size Estimates: Global organic acids market size estimation in terms of value ($M) shipment.Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.Segmentation Analysis: Global organic acids market size by various segments, such as product type, source type, and application in terms of value.Regional Analysis: Global organic acids market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.Growth Opportunities: Analysis of growth opportunities in different product type, source type, application, and region for the global organic acids market.Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global organic acids market.Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global organic acids market by product type (formic acid, citric acid, lactic acid, acetic acid, gluconic acid, itaconic acid, propionic acid, succinic acid, pyruvic acid, and others), source type (biomass, molasses, starch, chemical synthesis, and agro-industrial residue), application (food and beverages, animal feed, chemical, pharmaceuticals, personal care, agriculture, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region 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 global Organic Acids market?
Q.5 What are the business risks and threats to the global organic acids market?
Q.6 What are emerging trends in this organic acids market and the reasons behind them?
Q.7 What are some changing demands of customers in this organic acids market?
Q.8 What are the new developments in this organic acids market? Which companies are leading these developments?
Q.9 Who are the major players in this organic acids 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 this organic acids 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 global organic acids 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 and Forecast
3.2: Global Organic Acids Market Trends and Forecast
3.3: Global Organic Acids Market by Product Type
3.3.1: Formic Acid
3.3.2: Citric Acid
3.3.3: Lactic Acid
3.3.4: Acetic Acid
3.3.5: Gluconic Acid
3.3.6: Itaconic Acid
3.3.7: Propionic Acid
3.3.8: Succinic Acid
3.3.9: Pyruvic Acid
3.4: Global Organic Acids Market by Source Type
3.4.1: Biomass
3.4.2: Molasses
3.4.3: Starch
3.4.4: Chemical Synthesis
3.4.5: Agro-Industrial Residue
3.5: Global Organic Acids Market by Application
3.5.1: Food and Beverage
3.5.2: Animal Feed
3.5.3: Chemical
3.5.4: Pharmaceutical
3.5.5: Personal Care
3.5.6: Agriculture
3.5.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Organic Acids Market by Region
4.2: North American Organic Acids Market
4.2.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.2.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.2.3: Market by Application: Food and Beverages, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, Others
4.2.4: The United States Organic Acids Market
4.2.5: The Canadian Organic Acids Market
4.2.6: The Mexican Organic Acids Market
4.3: European Vitamin Market
4.3.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.3.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.3.3: Market by Application: Food and Beverage, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, Others
4.3.4: The German Organic Acids Market
4.3.5: The French Organic Acids Market
4.3.6: The Italian Organic Acids Market
4.4: APAC Vitamin Market
4.4.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.4.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.4.3: Market by Application: Food and Beverages, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, and Others
4.4.4: The Chinese Organic Acids Market
4.4.5: The Japanese Organic Acids Market
4.4.6: The Indian Organic Acids Market
4.5: ROW Organic Acids Market
4.5.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.5.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.5.3: Market by Application: Food and Beverage, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, and Others
5. COMPETITOR ANALYSIS
5.1: Market Share Analysis
5.2: Product Portfoli Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. COST STRUCTURE ANALYSIS
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Organic Acids Market by Product Type
7.1.2: Growth Opportunities for the Global Organic Acids Market by Source Type
7.1.3: Growth Opportunities for the Global Organic Acids Market by Application
7.1.4: Growth Opportunities for the Global Organic Acids Market by Region
7.2: Emerging Trends in the Global Organic Acids Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Organic Acids Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Organic Acids Market
7.3.4: Certification and Licensing
8. COMPANY PROFILES OF LEADING PLAYERS
8.1: BASF SE
8.2: Cargill
8.3: Henan Jindan Lactic Acid Technology Co. Ltd
8.4: Archer Daniels Midland Company
8.5: Eastman Chemical Company
8.6: DuPont
8.7: Myriant Corporation
8.8: Corbion N.V.
8.9: Koninklijke DSM N.V.
8.10: Tate & Lyle Plc.
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 and Forecast
3.2: Global Organic Acids Market Trends and Forecast
3.3: Global Organic Acids Market by Product Type
3.3.1: Formic Acid
3.3.2: Citric Acid
3.3.3: Lactic Acid
3.3.4: Acetic Acid
3.3.5: Gluconic Acid
3.3.6: Itaconic Acid
3.3.7: Propionic Acid
3.3.8: Succinic Acid
3.3.9: Pyruvic Acid
3.4: Global Organic Acids Market by Source Type
3.4.1: Biomass
3.4.2: Molasses
3.4.3: Starch
3.4.4: Chemical Synthesis
3.4.5: Agro-Industrial Residue
3.5: Global Organic Acids Market by Application
3.5.1: Food and Beverage
3.5.2: Animal Feed
3.5.3: Chemical
3.5.4: Pharmaceutical
3.5.5: Personal Care
3.5.6: Agriculture
3.5.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Organic Acids Market by Region
4.2: North American Organic Acids Market
4.2.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.2.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.2.3: Market by Application: Food and Beverages, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, Others
4.2.4: The United States Organic Acids Market
4.2.5: The Canadian Organic Acids Market
4.2.6: The Mexican Organic Acids Market
4.3: European Vitamin Market
4.3.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.3.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.3.3: Market by Application: Food and Beverage, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, Others
4.3.4: The German Organic Acids Market
4.3.5: The French Organic Acids Market
4.3.6: The Italian Organic Acids Market
4.4: APAC Vitamin Market
4.4.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.4.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.4.3: Market by Application: Food and Beverages, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, and Others
4.4.4: The Chinese Organic Acids Market
4.4.5: The Japanese Organic Acids Market
4.4.6: The Indian Organic Acids Market
4.5: ROW Organic Acids Market
4.5.1: Market by Product Type: Formic Acid, Citric Acid, Lactic Acid, Acetic Acid, Gluconic Acid, Itaconic Acid, Propionic Acid, Succinic Acid, Pyruvic Acid, and Others
4.5.2: Market by Source Type: Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue
4.5.3: Market by Application: Food and Beverage, Animal Feed, Chemical, Pharmaceuticals, Personal Care, Agriculture, and Others
5. COMPETITOR ANALYSIS
5.1: Market Share Analysis
5.2: Product Portfoli Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. COST STRUCTURE ANALYSIS
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Organic Acids Market by Product Type
7.1.2: Growth Opportunities for the Global Organic Acids Market by Source Type
7.1.3: Growth Opportunities for the Global Organic Acids Market by Application
7.1.4: Growth Opportunities for the Global Organic Acids Market by Region
7.2: Emerging Trends in the Global Organic Acids Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Organic Acids Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Organic Acids Market
7.3.4: Certification and Licensing
8. COMPANY PROFILES OF LEADING PLAYERS
8.1: BASF SE
8.2: Cargill
8.3: Henan Jindan Lactic Acid Technology Co. Ltd
8.4: Archer Daniels Midland Company
8.5: Eastman Chemical Company
8.6: DuPont
8.7: Myriant Corporation
8.8: Corbion N.V.
8.9: Koninklijke DSM N.V.
8.10: Tate & Lyle Plc.
