Title: Organic Acids Market: Global Trends & Forecast to 2021
1Organic Acids Market by Type (Acetic Acid, Citric
Acid, Formic Acid, Lactic Acid, Propionic Acid,
Fumaric Acid Others), Source (Biomass,
Molasses, Starch Chemical synthesis),
Application (Industrial, Food Feed), by
Region - Global Trend Forecast to
2021ByMarketsandMarkets
Published May-2016 Single User US
4650 Corporate User US 7150
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2Organic Acids Market Global Trends Forecast to
2021
- Organic acids market is projected to grow at a
CAGR of 6.0 - The organic acids market is projected to reach
USD 9.29 billion by 2021, at a CAGR of 6.0 from
2016 to 2021. The market is driven by factors
such as wide areas of application across various
industries, especially the growing FB sector and
RD investments technological innovations such
as micro-encapsulation. The high growth potential
in the Asian countries and untapped regions of
the Latin American and African regions provide
new growth opportunities for market players. - Acetic acid leads the market with the largest
share in 2015 - On the basis of type, the organic acids market
was led by the acetic acid, followed by citric
acid, formic acid, lactic acid, and others, in
2015.Acetic acid is used in wide areas of
applications such as production of synthetic
fibers and polymeric materials. It is largely
used in food beverage processing in the form of
vinegar. The acid is largely consumed in China,
the U.S., and most Western European countries.
3 Organic Acids Market Global Trends Forecast to
2021
- China and India the future of the organic acids
market - China is the largest country to manufacture the
organic acids in the world. The growth is driven
by the less stringent regulations on
manufacturing and trade in this country. The
country also maintains a very large livestock
population which requires high nutrition
additives in feed. Moreover, in order to continue
their lucrative trade ties with the European
region, Chinese manufacturers of food and feed
ingredients are increasingly using organic acids
in their products. The increased per-capita
income and growth of many small and medium scale
industries have been driving the Indian market.
Hence, India is projected to grow at the highest
CAGR during the forecast period. - Break-up of Primaries
- By Company Type - Tier 1 20, Tier 2 35 and
Tier 3 45 - By Designation C level 35, Director level
25, Others 40 - By Region North America 30,Europe 20,
Asia-Pacific - 45, RoW 5
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4Organic Acids Market Global Trends Forecast to
2021
The leading players for the organic acids
industry areCargill, Incorporated (U.S.), BASF SE
(Germany), the Dow Chemical Company (U.S.), Tate
Lyle Plc (U.K.), E.I. du Pont de Nemours and
Company (U.S.), Eastman Chemical Company (U.S.),
Archer Daniels Midland Company (U.S.), Myriant
Corporation (U.S.), Calanese Corporation (U.S.),
and Henan Jindan Lactic Acid Technology Co. Ltd
(China). Complete report on Organic Acids Market
spread across 135 pages, 10 profiling companies
and supported with 104 tables and 38 figures is
now available at http//www.rnrmarketresearch.com/
organic-acids-market-by-type-acetic-acid-citric-ac
id-formic-acid-lactic-acid-propionic-acid-fumaric-
acid-others-source-biomass-molasses-starch-chemica
l-synthesis-application-industrial-food-feed-st-to
-2021-market-report.html .
5Organic Acids Market Global Trends Forecast to
2021
Table of Contents 1 Introduction 2 Research
Methodology 3 Executive Summary 4 Premium
Insights 5 Market Overview 6 Industry Trends
7 Organic Acids Market, By Type 8 Organic Acid,
By Source 9 Organic Acid Market, By
Application 10 Organic Acids Market, By Region
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6Organic Acids Market Global Trends Forecast to
2021
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