Explore Beverage Acidulants Market that is Expected to Grow at a CAGR of Around ~ 4.0% During 2019 - 2027 - PowerPoint PPT Presentation

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Explore Beverage Acidulants Market that is Expected to Grow at a CAGR of Around ~ 4.0% During 2019 - 2027

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Beverage acidulants consumption reached nearly 1.8 billion tons in 2018, equaling the market revenues worth US$ 1.9 billion. dairy-based beverages and alcoholic beverages are set to register increasing application of beverage Acidulants Market is Expected to Grow at a Massive CAGR of over ~4.0% During 2019 - 2027 – PowerPoint PPT presentation

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Title: Explore Beverage Acidulants Market that is Expected to Grow at a CAGR of Around ~ 4.0% During 2019 - 2027


1
Beverage Acidulants Market is Expected to Reach
US 1.9 Bn by 2027 According to New Research
Report
  • Feb 2020

Report Id REP-GB-8628 Published On 23Jan,
2019 Category Food and Beverages
2
About Future Market Insights
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Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
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SOLUTION
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includes sources of databases
4
Beverage Acidulants Market
  • VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- Beverage
    acidulants consumption reached nearly 1.8 billion
    tons in 2018, equaling the market revenues worth
    US 1.9 billion. A new FMI study finds that
    beverage acidulants consumption is expected to
    grow at 4 y-o-y in 2019. Key factors responsible
    for the projected growth of the beverage
    acidulants market include,
  • Increasing demand for natural additives in the
    foods and beverage industry
  • Buoyancy in the beverage processing industry to
    meet rising consumer demand for processed
    beverages
  • Growing emphasis on achieving longer shelf life
    through optimum acidification of beverage
    products
  • Stringent regulations regarding product labels
    and inclusion of additives in the ingredients
    list
  • The study finds that over 64 of all the beverage
    acidulants consumed were synthetic in nature in
    2018. Increasing emphasis shelf life of beverage
    products combined with the precise concentration
    required to be added in commercial formulations
    in the beverage processing industry can be
    attributed to considerable demand for synthetic
    beverage acidulants across the beverage industry.
  • According to the FMI study, demand for organic
    beverage acidulants is expected to rise steadily
    in the coming years. The ongoing organic trend
    and ethical consumerism is likely to support
    increasing consumption of organic beverage
    acidulants in the coming years.

5
Beverage Acidulants Market
  • Citric Acid Remains First Preference of End-Users
  • The FMI study finds that citric acid remains the
    most popular beverage acidulant. Over 38 of the
    global beverage acidulant consumption was held by
    citric acid in 2018. Citric acid is highly
    consumed in the beverage industry for its two
    primary features, as a flavor enhancer and as a
    preservative. Traditionally derived from citrus
    fruits, citric acid is commercially produced
    through the fermentation process.
  • Phosphoric acid is the second most commonly used
    acidulant in the beverage industry. In
    particular, phosphoric acid is used in the
    production of soft drinks including colas wherein
    biting harsh taste of phosphoric acid balances
    the sweetness of a drink. Volume sales of
    phosphoric acid are likely to grow at 4 in 2019
    over 2018, as per FMI valuation. Acetic acid,
    fumaric acid and lactic acid are other highly
    used beverage acidulants whose application in the
    beverage industry is growing at a rapid pace.
    Fumaric acid application in the beverage industry
    is expected to grow at over 5 y-o-y in 2019.
  • Powdered Beverage Acidulant Highly Preferred
    among End-Users
  • Among different forms of beverage acidulants
    available in the beverage processing industry,
    powdered forms of beverage acidulants are highly
    consumed. The study finds that over 1.2 billion
    tons of powdered beverage acidulants will be sold
    in 2019, accounting for nearly two-third of all
    forms of beverage acidulants consumed. Citric
    acid, the first choice to be used as an acidulant
    and sometimes lactic acid are consumed in
    powdered form in the beverage industry.

6
Beverage Acidulants Market
  • Liquid form of beverage acidulants are also used
    and this form held nearly 30 of the beverage
    acidulants consumed in 2018. Phosphoric acid,
    acetic acid and lactic acid are few of the
    example of beverage acidulants used in their
    liquid form in the beverage industry. According
    to the FMI study, consumption of granular
    beverage acidulants is rising at a faster pace
    and growth at nearly 6 is expected in 2019 over
    2018.
  • Fruit Juices and Concentrates Consumed 35 of the
    Beverage Acidulants in 2018
  • Beverage acidulants are heavily consumed in fruit
    juices and concentrates production. The FMI study
    reveals that 35 of the total beverage acidulants
    were consumed by fruit juices and concentrates in
    2018.
  • Beverage Acidulant Consumption in Europe
    Continues to Surge
  • The FMI study finds that Europe remains a
    prominent consumer of beverage acidulants wherein
    demand remains consolidated in the UK and
    Germany. While Europe held over 35 of the global
    beverage acidulants volume sales, Germany and the
    UK collectively consumed nearly two-fifth of
    Europes demand.
  • Buoyancy in Europes beverage industry in the
    wake of millennials evolving preference combined
    with a number of beverage industry players in the
    region. European soft drink industry plays a
    significant role in the regions economic
    development wherein the industry provides a
    significant number of jobs throughout the value
    chain.

7
Beverage Acidulants Market
  • North America followed by China are other leading
    consumer of beverage acidulants. Collectively,
    these regions accounted for over 42 of the
    global beverage acidulants volume sales reported
    in 2018. The FMI report tracks the beverage
    acidulants market for the period 2019-2027.
    According to the report, the beverage acidulants
    market is projected to grow at 4 volume CAGR
    through 2027.
  • Source of Press Release  https//www.globenewswir
    e.com/news-release/2019/03/28/1781459/0/en/Beverag
    e-Acidulants-Market-Will-Reflect-Significant-Growt
    h-Prospects-at-4-volume-CAGR-by-2027-Future-Market
    -Insights.html
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