Food Acidulants Market Top Trends, Key Players, Segments And Sub-Segments Analysis During 2020-2026
Food acidulants are widely used to increase the acidity of the food and is the substance that adds sour, tangy flavor to the products. The acidity present in them works as preservatives by killing the microbes and pathogens, making the food safe for consumption. The health benefits carried by acidulants is gaining widespread recognition, adding impetus to the adoption of these ingredients.
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Listed below are some prominent trends bolstering food acidulants industry outlook:
1. Increasing demand for citric acid
Citric acid is among most abundantly used acid in the food and beverage sector. From adding sharp taste to cold drinks and sweets to facilitating optimum condition for forming jellies, jams and desserts, citric acid boasts of widening application scope. Moreover, growing demand for carbonated drinks such as sodas is driving the consumption for citric acids in beverage production.
The total consumption of soft drinks recorded in Germany in the year 2017 was 11,403 million liters. Citric acid complements the taste of most fruit and its flavorings in cold drinks along with increasing the beverage shelf life. A burgeoning demand for cold drinks worldwide is certainly accelerating food acidulants market outlook.
Citric acid is increasingly used in the production of sour candies and gummies in the form of a fine white powder to deliver a sour, tangy taste to the food product. The rising acidity and low pH conditions of the food or beverage when citric acid is added to it prevents fungal and bacterial growth, maintaining the pH at a suitable level to prevent food degradation, especially in canned foods.
2. Booming bakery and confectionary sector
Increasing demand for bakery and confectionary items globally is driving food acidulants market share. With the rising consumption of packaged food worldwide, the demand for frozen bakery products have also surged. According to American Bakers Association, the baking industry in the U.S. has an economic impact of over USD 153 billion annually.
Moreover, the U.S. government has levied strict regulations to ensure food safety across the country, transforming the bakery and confectionary industry dynamics. Reportedly, the total revenue generated by the confectionery market in Europe in 2019 is expected to be around USD 110.19 billion, suggesting considerable prospects for food acidulants market forecast.
The use of acidulants in the bakery assist in regulating acidity while acting as an antioxidant in the recipe. Additionally, presence of acidulants in confectionary enhances the impact of certain aromatic flavors owing to its volatility. The use of food acidulants such as malic acid is particularly preferred as a flavor enhancer in the preparation of confectionaries, desserts and other bakery items.
3. Expanding Asia Pacific food processing industry
While the demand for food acidulants is higher across developed countries like U.S., Canada, U.K. and France, countries like India and China are emerging as profitable revenue terrains for food acidulants industry players.
The Indian food industry is poised to witness commendable growth in the coming years owing to the rise in disposable income among people and changing consumer preferences towards packaged food and beverage items.
Stating reports, by 2020 the food processing industry in India is projected to be valued at USD 543 billion. The Ministry of Food Processing Industries, Government of India, is encouraging efforts to enhance investment in the sector, for instance the establishment of a USD 208.78 million worth super mega food and herbal park project in Uttar Pradesh. A flourishing processed food sector will drive food acidulants industry trends in the near future.
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Rapid industrialization in China has increased the economic conditions across the nation. With rising disposable income and increasing levels of employment there has been an evident shift towards on-the-go packaged food products.
Increased consumption of packaged food products is steering the demand for food acidulants as they ensure preservation of nutritional quotient of the food product, hence magnifying food acidulants market size.
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