Press release
pH Control/Salt Market Expected to Reach US$ 11 Bn, Globally, by 2026 and Spreading the Market Classification by Application (Beverages, Convenience Food, Sauces, Dressings, and Condiments) and by Region (North America, Latin America, Europe, Japan, APEJ,
The scope of FactMR’s report is to analyze the global pH control/salt market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. PH control/salt manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to pH control/salt.
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Increasing use of additives in production of food items and beverages has driven the demand for pH control/salts. New products and ingredients are being considered as pH control/salts to extend the scope of their applications. The key role of pH control/salts in facilitating enzymatic action during the production is driving their demand in the food industry. In addition, the global pH control/salts market is witnessing a growing demand for these pH control products in agricultural practices.
The report has estimated that in 2017, around 9,420,000 tons of citric acid and phosphoric acid products were sold in the global pH control/salts market. Among which, citric acid products accounted for the largest share of global pH control/salts market volumes. The report further projects that throughout the forecast period, more than half of the global pH control/salts market volumes will be accounted by phosphoric acid products.
Through 2026, pH control/salts will be predominantly used in production of beverages. The application of pH control/salts in production of sauces, dressings and condiments is also expected to gain traction towards the end of the forecast period. Meanwhile, dairy product applications and convenience food applications of pH control/salts are expected to register a volume CAGR of 4.6% and 4.5% respectively, over the forecast period.
The report has observed that in the future, majority of pH control/salts will be used as flavoring agents. The demand for pH control/salts as flavoring agents is expected to grow at a soaring pace, accounting for one-fourth share of the global pH control/salt market in terms of volume over the forecast period. The report also reveals that gelling agent functions of pH control/salts will witness a growing demand, and are likely to reflect a volume CAGR of 3.8% during the forecast period.
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In terms of form, over 10,000,000 tons of dry pH control/salts are expected to be sold by the end of 2026. The report also reveals that the demand for pH control/salts will be high in Europe and North America, while the Asia-Pacific excluding Japan (APEJ) region will represent largest producer of pH control/salts through 2026. Towards the end of forecast period, the APEJ pH control/salts market is expected to register sales of over 8,000,000 tons of pH control/salts.
Competition Tracking
Leading producers of pH control/salts have been profiled in the report. These include, Archer Daniels Midland Company, Batory Foods Inc., Brenntag Ingredients Inc., Cargill Inc., Fuerst Day Lawson Ltd., Hawkins Watts Limited, Industrial Tecnica Pecuaria S.A., Sab Hnub Tuaj Foodchem Co. Ltd., Tate& Lyle Plc, Univar Inc., Corbion Purac N.V., American International Foods, Inc., and Foodchem International Corporation. Majority of these companies are expected to actively instrument the global production of pH control/salts through 2026.
Table of Contents
Global Economic Outlook
Global pH Control/Salt Market - Executive Summary
Global pH Control/Salt Market Overview
3.1. Introduction
3.1.1. Global pH Control/Salt Market Taxonomy
3.1.2. Global pH Control/Salt Market Definition
3.2. Global pH Control/Salt Market Size (US$ Mn), Volume (Tonnes) and Forecast, 2012-2026
3.2.1. Global pH Control/Salt Market Y-o-Y Growth
3.3. Global pH Control/Salt Market Dynamics
3.4. Food Ingredients Market Overview
3.5. Cost Structure
3.6. Investment Feasibility
3.7. Macro-Economic Factors
3.8. Forecast Scenario
3.9. Forecast Factors
3.10. PESTLE Analysis
3.11. PORTER'S Analysis
3.12. Supply Chain
Continued…………………………
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