Global Citric Acid Market Price Trends, Size, Share, Report And Outlook 2017 To 2022 - PowerPoint PPT Presentation

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Global Citric Acid Market Price Trends, Size, Share, Report And Outlook 2017 To 2022

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To know more about Citric Acid market, click here: The global citric acid market has witnessed a positive growth in recent years, owing to the applications of citric acid in food and beverages, pharmaceuticals, household cleaners, animal feed, lubricants, chelating agents, plasticizers, metal cleaners, etc. Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Citric Acid Market Price Trends, Size, Share, Report And Outlook 2017 To 2022


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Citric Acid Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Citric Acid Market Growth Boosted by
Demand from Emerging Markets The global citric
acid market has witnessed a positive growth in
recent years, owing to the applications of citric
acid in food and beverages, pharmaceuticals,
household cleaners, animal feed, lubricants,
chelating agents, plasticizers, metal cleaners,
etc. The latest report by IMARC Group titled,
Citric Acid Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022, finds that the global citric acid
market reached a volume of around 2.3 Million
Tons in 2016, growing at a CAGR of around 3.5
during 2009-2016. Citric acid, with the chemical
formula C6H8O7, is a colourless and crystalline
weak organic compound found in the juice of
lemons and other sour fruits. Industrially, it is
produced by the microbial fermentation of
carbohydrates such as molasses, cane sugar, corn
sugar, beet, etc. One of the major factors
driving the demand for citric acid is its
increasing usage in end-use industries.
Furthermore, emerging markets such as Asia,
Africa and Middle East are expected to exhibit
above-average growth rates as a result of
increase in population and improving living
standards which will result in higher per capita
consumption of beverages and convenience foods.
As a result, the global citric acid market is
further expected to grow, reaching a volume of
around 2.7 Million Tons by 2022. Highlights of
the global citric acid market
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Report Description and Highlights
Report Description
  • Demand from emerging markets remains the major
    growth driver.
  • The food and beverage industry represents the
    largest end-use segment of the global citric acid
    market.
  • China represents the largest producer of citric
    acid, whereas, Western Europe represents the
    largest consumer.
  • Used in a variety of industries, citric acid is
    one of the most important organic acids. Some of
    the major end-use segments of citric acid include
    food and beverages, household cleaners,
    pharmaceuticals, lubricants, animal feed,
    chelating agents, metal cleaners and
    plasticizers. In the food industry, it is used in
    carbonated drinks as an acidulant which accounts
    for the majority of its use. The household
    cleaners and detergents industry is the second
    largest consumer of citric acid. In this
    industry, it is mainly used as a replacement for
    phosphates in concentrated liquid detergents as
    it does not contribute to the eutrophication of
    water systems. The third largest consumer of
    citric acid is the pharmaceutical and cosmetics
    industry. It is used in pharmaceutical products
    as result of its safe and nontoxic nature,
    pleasant acidic taste, buffering and chelating
    properties and high water solubility. In this
    segment, the major applications include
    prescription pharmaceuticals, antacids,
    dentifrices, etc. In the cosmetics and toiletries
    segment, shampoos and conditioners account for
    most of the consumption of citric acid.
  • Read full report _at_ http//www.imarcgroup.com/citri
    c-acid-manufacturing-plant

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Report Description and Highlights
Report Description

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Report Description and Highlights
Report Description
  • On the basis of region, China represents the
    largest producer of citric acid, whereas Western
    Europe represents the largest consumer. Other
    major regions include the United States, Middle
    East and Africa, Central/Eastern Europe, Brazil
    and India. On evaluating the competitive
    landscape of the market, the report finds that
    the market is highly competitive with the
    presence of a number of established players. Some
    of the major players operating in the global
    citric acid market are COFCO Biochemical, Lemon
    Biochemical, Luxin Jinhe, Weifang Ying Xuan,
    Jungbunzlauer and Tate Lyle.
  • The report has examined the global citric acid
    market on the basis of
  • End-use
  • Food and Beverages
  • Household Detergents and Cleaners
  • Pharmaceuticals
  • Others
  • Region
  • Western Europe
  • United States
  • China
  • Middle East and Africa

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Report Description and Highlights
Report Description
  • Central/Eastern Europe
  • Brazil
  • India
  • Key Players
  • Weifang Ying Xuan
  • Lemon Biochemical
  • Luxin Jinhe
  • COFCO Biochemical
  • Jungbunzlauer
  • Tate and Layle
  • Request Sample of the Report
  • http//www.imarcgroup.com/request?typereportid6
    42flagB
  • Related Reports
  •  
  • Acetic Acid Market _at_ http//www.imarcgroup.com/ace
    tic-acid-technical-material-market-report

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Report Description and Highlights
Report Description

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9

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