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

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Get more information about the market: IMARC’s latest study “Citric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides a comprehensive analysis for setting up a citric acid manufacturing plant. Request a sample report: Browse more reports on Chemical & Materials industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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


1
     Global Citric Acid Market Stimulated by
Various Health Benefits and Increasing
Applications

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
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.
4
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

5
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  
6
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


7
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
8

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