Global Citric acid Market Share, Size, Price Trends, Industry Analysis And Research Report 2018-2023

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     Global Citric Acid Market Stimulated by
Various Health Benefits and Increasing
Applications

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Report Description and Highlights
Report Description
 Global Citric Acid Market Stimulated by Various
Health Benefits and Increasing Applications The
global citric market has witnessed a moderate
growth over the past several years. This can be
accredited to the escalating demand for citric
acid from the detergent and cleaning agent
industries. Citric acid refers to an organic
acid which exists in a variety of fruits and
vegetables, especially in citrus fruits, namely
oranges, lemons, limes, pineapples and
grapefruits. It is a natural ingredient that
boosts detoxification, maintains energy levels,
and supports healthy digestion and kidney
function. Citric acid has a slightly tart,
refreshing flavour and is used to balance the
sweetness in soft drinks, juices, and other
beverages. Moreover, citric acid is frequently
found in facial packs and masks as it brightens
and lightens skin tone, reduces breakouts and
oiliness, and regenerates dead skin cells. A new
research report by IMARC Group, titled Citric
Acid Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast
2018-2023, estimates that the market reached a
volume of 2.3 Million Tons in 2017. The report
further anticipates the market to reach a volume
of 2.8 Million Tons by 2023, at a projected CAGR
of 3 over the forecast period.
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Report Description and Highlights
Report Description

• Global Citric Acid Market Drivers/Constraints
• The growing demand for organic food has led to
  the rising preference for natural food additives
  in order to lower the chemical intake. This is
  expected to boost the consumption of citric acid
  globally.
• The longer shelf-life of citric acid enables it
  to be used as preservative, emulsifier,
  flavouring agent, acidulant and buffering agent
  in various food and non-food products. This has
  propelled the growth of the market across the
  globe.
• Owing to its acidic nature, citric acid easily
  removes dirt spots and grime from fabrics. This
  results in an increasing demand for citric acid
  from the detergents, soaps and cleaning agents
  industries, thereby fuelling its demand
  worldwide.
• The stringent regulations on the import/export of
  citric acid have adverse effects on the
  profitability of the manufacturers. In addition
  to this, the fluctuating prices of the raw
  materials used in the production of citric acid
  can hamper the growth of the global citric acid
  market.
• Read full report_at_ https//www.imarcgroup.com/citr
  ic-acid-manufacturing-plant

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Report Description and Highlights
Report Description
Application Insights Based on application, the
market has been segmented into food and
beverages, household detergents and cleaners,
pharmaceuticals and others. Amongst these, food
and beverages represent the largest segment due
to the extensive use of citric acid in a variety
of food products, such as candies, creams,
mayonnaise, soups, sauces, juices, wines and
carbonated drinks.   Regional Insights Region-wi
se, Western Europe represents the leading market
on account of the high demand for citric acid in
the food and beverage industry in the region.
Other major regions are the United States, China,
Middle East and Africa, Central/Eastern Europe,
Brazil and India   Request Sample Of The
Report https//www.imarcgroup.com/request?typere
portid642flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly concentrated in nature with
  a small number of players holding the majority of
  the market share. The high capital investment
  required to set-up a plant makes it difficult for
  small players to enter the market. Some of the
  leading players operating in the market are
• Shandong Lemons Biochemical Co., Ltd.
• Rizhao Luxin Jinhe Biochemical Co., Ltd. 
• Jungbunzlauer
• COFCO Biochemical
• Tate Lyle PLC
• Browse more related reports
• Acetic Acid Market https//www.imarcgroup.com/ace
  tic-acid-technical-material-market-report
• Amino Acids Market https//www.imarcgroup.com/ami
  no-acid-technical-material-market-report

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Report Description and Highlights
Report Description

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