Citric Acid Market Trends, Demand And Growth Outlook 2025

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Citric Acid Market - Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2018-2025

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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 survival.
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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
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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), Indias 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/ins
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