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Global Citric Acid Market Analysis - Industry Trends, Market Size, and Forecast to 2025

05-30-2019 08:02 AM CET | Science & Education

Press release from: Valuates Reports

Global Citric Acid Market Analysis - Industry Trends, Market

Asia Pacific dominated the global industry, the Product Capacity accounted for above 67% of the global citric acid market in 2016.but the major consumption regions are Europe and North America, the consumption market share are 31.19% and 25.34% in 2016. Rapid industrialization resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes.

Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms. It is used widely as an acidifier, as a flavoring and chelating agent.

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Increasing healthcare expenditure coupled with rising number of ailments across the world is expected to augment the demand for pharmaceuticals. The demand for citric acid is projected to progress in tandem with the development of the pharmaceutical sector.

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The study objectives are:

To analyze and research the global Citric Acid capacity, production, value, consumption, status and forecast;
To focus on the key Citric Acid manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

Citric Acid Breakdown Data by Type

Powder Citric Acid
Liquid Citric Acid

Citric Acid Breakdown Data by Application

Food & Beverages
Pharmaceuticals & Personal Care
Detergents & Cleansers
Others

FEATURED COMPANIES

Weifang Ensign Industry Co.
TTCA Co.
RZBC Group Co. Ltd.
Cofco Biochemical (Anhui) Co.
Jungbunzlauer Suisse AG
Tate & Lyle
S.A. Citrique Belge N.V.
Archer Daniels Midland Company
Cargill Incorporated

Citric Acid Production Breakdown Data by Region

United States
Europe
China
Japan
Other Regions

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