Organic acids Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis

Global Organic acids report from Global Insight Services is the single authoritative source of intelligence on Organic acids market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Organic acids are molecules that contain both a carboxylic acid group (-COOH) and an alkyl group (-R). They are found in a variety of foods and are responsible for their sour taste. In addition to their role in food, organic acids are also important in the metabolism of fats and carbohydrates. They are also involved in the production of energy in the body.

Organic acids are classified into two groups: simple organic acids and complex organic acids. Simple organic acids are those that contain only one carboxylic acid group. Complex organic acids are those that contain more than one carboxylic acid group.

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Market Segmentation
The Organic Acid Market is segmented into type, source, end-user, and geography. On the basis of type, the organic acids market is classified into acetic acid, citric acid, formic acid, and others. By source, the market is categorized into biomass, molasses, starch, chemical synthesis, and agro-industrial residue. End-users covered in the study include animal feed, chemical, pharmaceuticals, personal care, agriculture, and others. Geographically, the market is analyzed across North-America, Europe, Asia-Pacific, and rest of the world.

Key Players
The key players in the Organic Acid Market are Koninklijke DSM N.V., Corbion N.V., Cargill, BASF SE, Myriant Corporation, Henan Jindan Lactic Acid Technology Co. Ltd., The Dow Chemical Company, Eastman Chemical Company, Archer Daniels Midland Company, and Tate and Lyle.

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Key Drivers
The key drivers of the organic acid market are the increasing demand for food and beverages, the growing population, and the changing lifestyles of consumers. The demand for organic acids is also driven by the increasing awareness of the health benefits of these products.

Other factors that are driving the growth of the organic acid market include the increasing use of organic acids in the cosmetics and personal care industry, and the growing demand for these products in the pharmaceutical industry.

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