Organic Acids Market Size & Analysis — Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Organic Acids
Market. Market Insights The global organic
acids market is expected to grow at a CAGR of
more than 5 over the forecast period. This
growth is mainly attributed to rising application
of organic acids in various sectors such as
pharmaceuticals, animal feed, personal care and
food beverages such as soft drinks among
others. Moreover, the rising demand for
convenience and ready to eat foods is also likely
to stimulate market growth. However, high cost
associated with raw materials, transport, energy,
and chemicals leads to an increase in the
overall price of the product, thereby hampering
the market growth. Moreover, stringent
regulation related to use of synthetic organic
acids is anticipated to restrain market growth.
Organic Acids Market Type Insights On the basis
of type, the industry is segmented into acetic
acid, citric acid, formic acid, lactic acid,
propionic acid, ascorbic acid, gluconic acid,
fumaric acid and malic acids among others. The
market for acetic acid is expected to occupy the
highest share owing to factors such as easy
availability and wide application. Moreover,
antifungal and antibacterial properties of acetic
acid are also projected to lead to an increase
in its application in food beverages
sector. The citric acid segment is expected to
grow significantly over the years on account of
its growing application in cosmetics and water
treatment industries. Organic Acids Market
Application Insights
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Organic Acids find its application in
food beverages, feed, pharmaceuticals,
petrochemical, industrial and personal care
industries among others. The food beverages
sector is anticipated to dominate the market
over the forecast period on account of its wide
range of applications in preservatives, rheology
modifiers, and additives. The petrochemical
segment is projected to grow significantly over
the years on account of its rising application
in petrochemical products such as crude oil and
other refined products.
Pharmaceutical segment also possesses immense
growth potential attributing to high use of
organic acids in the preparation of multiple
drugs such as aspirin and caffeine tablets among
others. Organic Acids Market Regional
Insights Asia Pacific occupied the largest share
of this market since the past few years due to
the presence of several food beverages
industries across the region. Increasing the
increasing demand for organic acids across
several verticals, especially healthcare is also
projected to boost the market growth in Asia
Pacific. Demand is projected to rise from
countries such as India, China and Japan. Bio
based organic acids are anticipated to boost the
demand in Europe and North America.
Organic Acids Market Vendor Landscape The
report contains a chapter dedicated to vendors
operating in the market, covering raw material
manufactures, equipment developers,
manufacturers, and distributors. The report
provides these insights on a regional level.
This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Organic Acids Market End-Use
Landscape
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS The end-use landscape entails a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase organic
acids over the coming years. Some leading
consumers of this market are PepsiCo, Tyson,
ConAgra Foods Inc., Johnson Johnson,
GlaxoSmithKline, and General Mills Inc. Organic
Acids Market Market Share Competitor
Analysis The key players profiled in the market
include BASF SE, Henan Jindan Lactic Acid
Technology Co. Ltd, DOW Chemical Company,
Eastman Chemical Company, Cargill,
Polynt-Reichhold, E.I. Du Pont De Nemours
Company, Myriant Corporation, Corbion N.V.,
Addcon GmbH, Anpario PLC, Perstorp Group,
Koninklijke DSM N.V., Celanese Corporation and
Nutreco N.V. In March 2017, BASF and Balchem
Corp. received approval from Food Drug
Administration to incorporate Amasil formic acid
in poultry diets in the U.S. Amasil is considered
to be the most potent organic acid for feed
acidification.

• The report segments the Organic Acids Market on
  the basis of
• By Type
• Acetic Acid
• Citric Acid
• Formic Acid
• Lactic Acid
• Propionic Acid
• Ascorbic Acid
• Gluconic Acid
• Fumaric Acid
• Malic Acids
• Others
• By Application
• Food Beverages
• Feed, Pharmaceuticals

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• Personal Care
• Others
• By product

• E-SBR
• S-SBR
• By Application
• Tire
• Footwear
• Polymer Modification
• Adhesive

• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa
• This article contains text from the Organic
  Acids Market Size Analysis Forecasts To 2025
  report prepared by Global Market Estimates. For
  more information or to buy the report, please
  visit https//www.globalmarketestimates.com/orga
  nic-acids-market/
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