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Citric Acid Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

The research report on Citric Acid Market is segmented by Product Type, by End-use Industry and by Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018 – 2025

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Citric Acid Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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  1. Citric Acid Market - Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2018- 2025 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Citric Acid Market Overview Citric acid is a weak organic acid predominantly used in food, beverages, cosmetics, pharmaceutical, and chemical applications. Citric acid is a natural preservative, chelating agent, flavoring agent, and acidulant. Naturally citrus acid occurs in citrus fruits such as grapes, oranges, and lemons. Industrial production of citric acid is carried out by fermentation of A. Niger. Citric acid is among the most widely used food additive worldwide and is approved as Generally Recognized As Safe (GRAS) by the U.S. Food and Drugs Administration. Food and beverages segment held a market share of around 73% in the global citric acid market. Carbonated soft drinks accounted for major share in food and beverage segment. The pharmaceutical industry utilizes citric acid as an excipient due to its anti-oxidant properties. Citric acid also being a chelating agent is used in detergents and soaps. It is used in home care materials and is also utilized for regeneration of ion exchange materials in water softeners. Market Dynamics Increasing adoption of citric acid by food industry has contributed to its market growth. The food industry utilizes citric acid for fermenting, catalyzing, preserving, and flavoring. The use of citric acid in food & beverages increases the shelf life of products by creating an acidic environment, which is non-conducive for microorganism © Coherent market Insights. All Rights Reserved survival.

  3. REPORT DESCRIPTION Market Taxonomy On the basis of product type, the global citric acid market is segmented into: ➢Anhydrous ➢Hydrous On the basis of end-use industry, the global citric acid market is segmented into: ➢Food & Beverages ➢Chemical ➢Cosmetics ➢Pharmaceutical ➢Others Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1984 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Market Outlook Europe held the dominant position in for citric acid market in 2017. The region is expected to account for around 28% of the global citric acid demand. This is largely due to the thriving food & beverage industry in the region. According to European Union statistics, the food industry in European Union was valued at US$ 1.08 trillion in 2014. The region also had a trade surplus of around US$ 35 billion due to the food & beverages industry Asia Pacific is projected to be the fastest growing region in citric acid market due to the fast growing food & beverages industry in the region. According to Indian Brand Equity Foundation (IBEF), India’s was the sixth largest food & beverage industry in the world. China was the largest producer of citric acid in 2016, and it is projected to maintain its dominance in terms of production over the forecast period. According to UN Comtrade statistics, China held a share of around 48% in world exports of citric acid. India, Japan, and European Union were among the major importers of citric acid from China. Players based in China are focused on geographic expansion. Anhui BBCA Biochemical Co., Ltd in 2014, commissioned a 60,000 ton/year plant in Hungary. The plant will serve the food processing industries in Central and Western Europe. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1984 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCAR E IT CLINICAL DIAGNOSTIC BIOTECHNO LOGY PHARMACE UTICAL MEDICAL IMAGING Chemicals & Materials MEDICAL DEVICES Speciality and Fine Chemicals Bulk Advanced Materials Chemicals Green Chemicals Polymers & Resins Food Cosmetic Ingredients Ingredients © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNT RY ANALYS IS 150+ CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITI VE ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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