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Global Citric Acid Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

April 2024 | 129 pages | ID: G8D6735A13F5EN
APO Research

US$ 4,250.00

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Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms.

It is used widely as an acidifier, as a flavoring and chelating agent.

According to APO Research, The global Citric Acid market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Citric Acid key players include Weifang Ensign Industry Co., Ltd., TTCA Co., Ltd, RZBC Group Co. Ltd., Cofco Biochemical (Anhui) Co., Ltd., etc. Global top four manufacturers hold a share over 45%.

China is the largest market, with a share nearly 70%, followed by Europe, and North America, both have a share over 40 percent.

In terms of product, Powder Citric Acid is the largest segment, with a share about 85%. And in terms of application, the largest application is Food and Beverages, followed by Pharmaceuticals and Personal Care, Detergents and Cleansers, etc.

This report presents an overview of global market for Citric Acid, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Citric Acid, also provides the sales of main regions and countries. Of the upcoming market potential for Citric Acid, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Citric Acid sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Citric Acid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Citric Acid sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Weifang Ensign Industry Co., Ltd., TTCA Co., Ltd, RZBC Group Co. Ltd., Cofco Biochemical (Anhui) Co., Ltd., Jungbunzlauer Suisse AG, Tate & Lyle, S.A. Citrique Belge N.V., Archer Daniels Midland Company and Cargill Incorporated, etc.

Citric Acid segment by Company
  • Weifang Ensign Industry Co., Ltd.
  • TTCA Co., Ltd
  • RZBC Group Co. Ltd.
  • Cofco Biochemical (Anhui) Co., Ltd.
  • Jungbunzlauer Suisse AG
  • Tate & Lyle
  • S.A. Citrique Belge N.V.
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Shandong Juxian Hongde Citric Acid Company Ltd
  • Huangshi Xinghua Biochemical Co.Ltd
  • Gadot Biochemical Industries Ltd.
Citric Acid segment by Type
  • Powder Citric Acid
  • Liquid Citric Acid
Citric Acid segment by Application
  • Food and Beverages
  • Pharmaceuticals and Personal Care
  • Detergents and Cleansers
  • Others
Citric Acid segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global Citric Acid status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions Citric Acid market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Citric Acid significant trends, drivers, influence factors in global and regions.

6. To analyze Citric Acid competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Citric Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Citric Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Citric Acid.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Citric Acid market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Citric Acid industry.

Chapter 3: Detailed analysis of Citric Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales and value of Citric Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Citric Acid in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.

Chapter 10: Concluding Insights.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Citric Acid Sales Value (2019-2030)
  1.2.2 Global Citric Acid Sales Volume (2019-2030)
  1.2.3 Global Citric Acid Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives

2 CITRIC ACID MARKET DYNAMICS

2.1 Citric Acid Industry Trends
2.2 Citric Acid Industry Drivers
2.3 Citric Acid Industry Opportunities and Challenges
2.4 Citric Acid Industry Restraints

3 CITRIC ACID MARKET BY COMPANY

3.1 Global Citric Acid Company Revenue Ranking in 2023
3.2 Global Citric Acid Revenue by Company (2019-2024)
3.3 Global Citric Acid Sales Volume by Company (2019-2024)
3.4 Global Citric Acid Average Price by Company (2019-2024)
3.5 Global Citric Acid Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Citric Acid Company Manufacturing Base & Headquarters
3.7 Global Citric Acid Company, Product Type & Application
3.8 Global Citric Acid Company Commercialization Time
3.9 Market Competitive Analysis
  3.9.1 Global Citric Acid Market CR5 and HHI
  3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
  3.9.3 2023 Citric Acid Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion

4 CITRIC ACID MARKET BY TYPE

4.1 Citric Acid Type Introduction
  4.1.1 Powder Citric Acid
  4.1.2 Liquid Citric Acid
4.2 Global Citric Acid Sales Volume by Type
  4.2.1 Global Citric Acid Sales Volume by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Citric Acid Sales Volume by Type (2019-2030)
  4.2.3 Global Citric Acid Sales Volume Share by Type (2019-2030)
4.3 Global Citric Acid Sales Value by Type
  4.3.1 Global Citric Acid Sales Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global Citric Acid Sales Value by Type (2019-2030)
  4.3.3 Global Citric Acid Sales Value Share by Type (2019-2030)

5 CITRIC ACID MARKET BY APPLICATION

5.1 Citric Acid Application Introduction
  5.1.1 Food and Beverages
  5.1.2 Pharmaceuticals and Personal Care
  5.1.3 Detergents and Cleansers
  5.1.4 Others
5.2 Global Citric Acid Sales Volume by Application
  5.2.1 Global Citric Acid Sales Volume by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Citric Acid Sales Volume by Application (2019-2030)
  5.2.3 Global Citric Acid Sales Volume Share by Application (2019-2030)
5.3 Global Citric Acid Sales Value by Application
  5.3.1 Global Citric Acid Sales Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global Citric Acid Sales Value by Application (2019-2030)
  5.3.3 Global Citric Acid Sales Value Share by Application (2019-2030)

6 CITRIC ACID MARKET BY REGION

6.1 Global Citric Acid Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Citric Acid Sales by Region (2019-2030)
  6.2.1 Global Citric Acid Sales by Region: 2019-2024
  6.2.2 Global Citric Acid Sales by Region (2025-2030)
6.3 Global Citric Acid Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Citric Acid Sales Value by Region (2019-2030)
  6.4.1 Global Citric Acid Sales Value by Region: 2019-2024
  6.4.2 Global Citric Acid Sales Value by Region (2025-2030)
6.5 Global Citric Acid Market Price Analysis by Region (2019-2024)
6.6 North America
  6.6.1 North America Citric Acid Sales Value (2019-2030)
  6.6.2 North America Citric Acid Sales Value Share by Country, 2023 VS 2030
6.7 Europe
  6.7.1 Europe Citric Acid Sales Value (2019-2030)
  6.7.2 Europe Citric Acid Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
  6.8.1 Asia-Pacific Citric Acid Sales Value (2019-2030)
  6.8.2 Asia-Pacific Citric Acid Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
  6.9.1 Latin America Citric Acid Sales Value (2019-2030)
  6.9.2 Latin America Citric Acid Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
  6.10.1 Middle East & Africa Citric Acid Sales Value (2019-2030)
  6.10.2 Middle East & Africa Citric Acid Sales Value Share by Country, 2023 VS 2030

7 CITRIC ACID MARKET BY COUNTRY

7.1 Global Citric Acid Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Citric Acid Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Citric Acid Sales by Country (2019-2030)
  7.3.1 Global Citric Acid Sales by Country (2019-2024)
  7.3.2 Global Citric Acid Sales by Country (2025-2030)
7.4 Global Citric Acid Sales Value by Country (2019-2030)
  7.4.1 Global Citric Acid Sales Value by Country (2019-2024)
  7.4.2 Global Citric Acid Sales Value by Country (2025-2030)
7.5 USA
  7.5.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.5.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.5.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.6 Canada
  7.6.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.6.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.6.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.7 Germany
  7.7.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.7.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.7.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.8 France
  7.8.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.8.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.8.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
  7.9.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.9.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.9.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.10 Italy
  7.10.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.10.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.10.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
  7.11.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.11.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.11.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
  7.12.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.12.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.12.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.13 China
  7.13.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.13.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.13.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.14 Japan
  7.14.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.14.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.14.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
  7.15.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.15.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.15.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
  7.16.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.16.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.16.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.17 India
  7.17.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.17.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.17.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.18 Australia
  7.18.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.18.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.18.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
  7.19.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.19.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.19.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
  7.20.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.20.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.20.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
  7.21.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.21.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.21.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
  7.22.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.22.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.22.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030
7.23 UAE
  7.23.1 Global Citric Acid Sales Value Growth Rate (2019-2030)
  7.23.2 Global Citric Acid Sales Value Share by Type, 2023 VS 2030
  7.23.3 Global Citric Acid Sales Value Share by Application, 2023 VS 2030

8 COMPANY PROFILES

8.1 Weifang Ensign Industry Co., Ltd.
  8.1.1 Weifang Ensign Industry Co., Ltd. Comapny Information
  8.1.2 Weifang Ensign Industry Co., Ltd. Business Overview
  8.1.3 Weifang Ensign Industry Co., Ltd. Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.1.4 Weifang Ensign Industry Co., Ltd. Citric Acid Product Portfolio
  8.1.5 Weifang Ensign Industry Co., Ltd. Recent Developments
8.2 TTCA Co., Ltd
  8.2.1 TTCA Co., Ltd Comapny Information
  8.2.2 TTCA Co., Ltd Business Overview
  8.2.3 TTCA Co., Ltd Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.2.4 TTCA Co., Ltd Citric Acid Product Portfolio
  8.2.5 TTCA Co., Ltd Recent Developments
8.3 RZBC Group Co. Ltd.
  8.3.1 RZBC Group Co. Ltd. Comapny Information
  8.3.2 RZBC Group Co. Ltd. Business Overview
  8.3.3 RZBC Group Co. Ltd. Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.3.4 RZBC Group Co. Ltd. Citric Acid Product Portfolio
  8.3.5 RZBC Group Co. Ltd. Recent Developments
8.4 Cofco Biochemical (Anhui) Co., Ltd.
  8.4.1 Cofco Biochemical (Anhui) Co., Ltd. Comapny Information
  8.4.2 Cofco Biochemical (Anhui) Co., Ltd. Business Overview
  8.4.3 Cofco Biochemical (Anhui) Co., Ltd. Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.4.4 Cofco Biochemical (Anhui) Co., Ltd. Citric Acid Product Portfolio
  8.4.5 Cofco Biochemical (Anhui) Co., Ltd. Recent Developments
8.5 Jungbunzlauer Suisse AG
  8.5.1 Jungbunzlauer Suisse AG Comapny Information
  8.5.2 Jungbunzlauer Suisse AG Business Overview
  8.5.3 Jungbunzlauer Suisse AG Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.5.4 Jungbunzlauer Suisse AG Citric Acid Product Portfolio
  8.5.5 Jungbunzlauer Suisse AG Recent Developments
8.6 Tate & Lyle
  8.6.1 Tate & Lyle Comapny Information
  8.6.2 Tate & Lyle Business Overview
  8.6.3 Tate & Lyle Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.6.4 Tate & Lyle Citric Acid Product Portfolio
  8.6.5 Tate & Lyle Recent Developments
8.7 S.A. Citrique Belge N.V.
  8.7.1 S.A. Citrique Belge N.V. Comapny Information
  8.7.2 S.A. Citrique Belge N.V. Business Overview
  8.7.3 S.A. Citrique Belge N.V. Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.7.4 S.A. Citrique Belge N.V. Citric Acid Product Portfolio
  8.7.5 S.A. Citrique Belge N.V. Recent Developments
8.8 Archer Daniels Midland Company
  8.8.1 Archer Daniels Midland Company Comapny Information
  8.8.2 Archer Daniels Midland Company Business Overview
  8.8.3 Archer Daniels Midland Company Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.8.4 Archer Daniels Midland Company Citric Acid Product Portfolio
  8.8.5 Archer Daniels Midland Company Recent Developments
8.9 Cargill Incorporated
  8.9.1 Cargill Incorporated Comapny Information
  8.9.2 Cargill Incorporated Business Overview
  8.9.3 Cargill Incorporated Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.9.4 Cargill Incorporated Citric Acid Product Portfolio
  8.9.5 Cargill Incorporated Recent Developments
8.10 Shandong Juxian Hongde Citric Acid Company Ltd
  8.10.1 Shandong Juxian Hongde Citric Acid Company Ltd Comapny Information
  8.10.2 Shandong Juxian Hongde Citric Acid Company Ltd Business Overview
  8.10.3 Shandong Juxian Hongde Citric Acid Company Ltd Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.10.4 Shandong Juxian Hongde Citric Acid Company Ltd Citric Acid Product Portfolio
  8.10.5 Shandong Juxian Hongde Citric Acid Company Ltd Recent Developments
8.11 Huangshi Xinghua Biochemical Co.Ltd
  8.11.1 Huangshi Xinghua Biochemical Co.Ltd Comapny Information
  8.11.2 Huangshi Xinghua Biochemical Co.Ltd Business Overview
  8.11.3 Huangshi Xinghua Biochemical Co.Ltd Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.11.4 Huangshi Xinghua Biochemical Co.Ltd Citric Acid Product Portfolio
  8.11.5 Huangshi Xinghua Biochemical Co.Ltd Recent Developments
8.12 Gadot Biochemical Industries Ltd.
  8.12.1 Gadot Biochemical Industries Ltd. Comapny Information
  8.12.2 Gadot Biochemical Industries Ltd. Business Overview
  8.12.3 Gadot Biochemical Industries Ltd. Citric Acid Sales, Value and Gross Margin (2019-2024)
  8.12.4 Gadot Biochemical Industries Ltd. Citric Acid Product Portfolio
  8.12.5 Gadot Biochemical Industries Ltd. Recent Developments

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 Citric Acid Value Chain Analysis
  9.1.1 Citric Acid Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 Citric Acid Sales Mode & Process
9.2 Citric Acid Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Citric Acid Distributors
  9.2.3 Citric Acid Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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