openPR Logo
Press release

Citric Acid Market to Showcase Healthy Expansion at 4.6% CAGR During 2016-2026

05-07-2018 12:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Citric Acid Market to Showcase Healthy Expansion at 4.6% CAGR

Future Market Insights (FMI) delivers key insights on the global citric acid market in its latest report titled, “Citric Acid Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of value, the global citric acid market is expected to witness a CAGR of 4.6% during the forecast period due to various factors on which FMI offers vital insights in detail.

Consumers are preferring products comprising of plant based natural ingredients due to various health issues. This is fuelling demand for citric acid worldwide. Moreover, increased usage of citric acid as a cleaning agent due to a ban on phosphate in various regions is further expected to drive the market demand in the near future. Citric acid is used as an ingredient in manufacture of convenience food and beverages as it provides acidity, acts as a preservative, provides antioxidants and enhances the flavour, which is further expected to drive the market demand in the near future.

Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-890

Segmentation highlights

On the basis of form, the global citric acid market has been segmented into powder and liquid. Powder segment is estimated to account for the largest share by 2016 end. The powder segment is further sub segmented as anhydrous and monohydrous. Anhydrous, sub segment formulation is expected be the most preferred ingredient among the food manufacturers.

Global citric acid market has been segmented by application into acidulant, cleaning agent, binding agent, preservative & others. Among all these segment, acidulant segment is expected to account for highest value share during the forecast period. In terms of volume the acidulant segment has been estimated to represent 964,827.9 MT in 2016.

The market has been segmented on the basis of end use into food & beverages, animal feed, pharmaceutical/personal care, metal finishing & cleaning and others. Food & beverages segment is further sub segmented as bakery & confectionery, dairy, convenience food, beverages, jams & preserve and others. Among all these sub-segments, beverages segment is expected to register a highest growth in terms of both value and volume over the forecast period.

On the basis of grade, the citric acid market has been segmented into food grade, pharmaceutical grade and industrial grade. Among all these segments, food grade segment is estimated to represent highest value share of 67.0% in 2016 and expected to remain dominant over the forecast period. In terms of volume, this segment is expected to witness a CAGR of 4.1% over the forecast period.

Regional market projections

This report discusses trends driving growth of each segment and offers analysis and insights on the potential of the global citric acid market in specific regions including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), the Middle East & Africa and Japan. Markets in APEJ and Western Europe are expected to record high growth rates in terms of value between 2016 and 2026. Among all the regions, Western Europe is estimated to account for a comparatively higher value share in 2016. The market in Western Europe is expected to remain dominant over the forecast period. APEJ is another major market for citric acid. China is estimated to be the largest producer of citric acid followed by India in 2015 across the region.

Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/askus/rep-gb-890

Vendor insights

This report covers detailed profiles of key players in citric acid market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are Archer Daniels Midland Company, Shandong Juxian Hongde Citric Acid Co. Ltd., Jungbunzlauer Suisse AG, Basel, Delek Group, Cargill, Incorporated, Weifang Ensign Industry Co., Ltd., Tate & Lyle plc. COFCO Biochemical (AnHui) Co. Ltd., RZBC GROUP and Pfizer Inc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Citric Acid Market to Showcase Healthy Expansion at 4.6% CAGR During 2016-2026 here

News-ID: 1041349 • Views:

More Releases from Future Market Insights

Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
The Anesthesia Equipment Market is witnessing robust growth, with its value estimated at USD 9.3 billion in 2025 and projected to nearly double to USD 18.2 billion by 2035. This growth trajectory represents a compound annual growth rate of 7.0%, driven by increasing surgical volumes, rising prevalence of chronic respiratory and cardiovascular disorders, and ongoing expansion of healthcare infrastructure. The market is undergoing transformative change, as both established manufacturers and
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
The intravascular ultrasound (IVUS) systems market is on track to record consistent growth over the next decade. Valued at USD 893.7 million in 2025, the market is expected to expand to USD 1455.7 million by 2035, reflecting a compound annual growth rate of 5.0%. With cardiovascular disease remaining one of the leading causes of mortality globally, the demand for advanced intravascular imaging technologies is escalating. IVUS systems, which provide real-time
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
The global Electric Power Sports Market is on a fast track to transformation, as consumers, manufacturers, and policymakers align on one powerful goal: sustainable, high-performance recreational experiences. Valued at USD 10.3 billion in 2025, the market is projected to expand to USD 18.5 billion by 2035, reflecting a steady compound annual growth rate (CAGR) of 6.0%. This momentum is set to generate an absolute dollar opportunity of USD 8.2 billion over
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovation and Consumer Demand Drive Growth
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovatio …
The global hair straightener market is entering a transformative growth phase, as industry leaders and emerging brands alike innovate to meet rising consumer demand for advanced hair styling solutions. Valued at USD 7.1 billion in 2025, the market is projected to reach USD 12.4 billion by 2035, registering a compound annual growth rate (CAGR) of 5.7% over the forecast period. Between 2025 and 2030, the market is set to rise steadily

All 5 Releases


More Releases for Citric

Emerging Trends to Reshape the Citric Acid Market: Low-Calorie Rtd Beverages Fue …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. Citric Acid Market Size Valuation Forecast: What Will the Market Be Worth by 2025? There has been a robust expansion in the size of the citric acid market in the previous years. The projected growth is from $4.51 billion in 2024 to $4.88 billion in 2025 with a compound annual growth rate (CAGR) of
Evolving Market Trends In The Citric Acid Industry: Low-Calorie Rtd Beverages Fu …
The Citric Acid Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Citric Acid Market Size During the Forecast Period? In recent times, the market size of citric acid has witnessed a robust growth. The market expanded from $4.51 billion in 2024 to
How To Setup a Citric Acid Manufacturing Plant
Setting up a citric acid manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Citric Acid Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a citric
Citric Acid Market: A Comprehensive Overview
Citric acid is a naturally occurring organic acid found in citrus fruits, such as lemons, limes, and oranges. Widely used in the food and beverage industry, pharmaceuticals, and personal care products, it plays a critical role as a preservative, flavoring agent, and cleaning component. This colorless crystalline compound is valued for its safety, environmental friendliness, and multifunctionality. The demand for citric acid has seen a steady increase, driven by its
Citric Acid Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Citric Acid market analysis, which studies the Citric Acid's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “Citric Acid Market 2020-2025” Research Report categorizes the global Citric Acid market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
Future of Fermented Citric Acid Market Size 2026
The recent research report on the global Fermented Citric Acid Industry market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market. The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new