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Food Acidulants Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | ADM (Archer Daniels Midland Company), Bartek Ingredients Inc., Caremoli Group, Cargill Incorporated
Food Acidulants Global Market Report
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Food Acidulants industry. This report on Food Acidulants market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The food acidulants market size has grown strongly in recent years. It will grow from $5.92 billion in 2023 to $6.42 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increases consumer demand for processed and convenience foods, growth in awareness of food preservation and shelf-life extension, expansion of the food and beverage industry globally, need for flavor enhancement and taste modification in foods, regulatory approval and safe usage of acidulants in food applications, demand for acidulants in bakery, confectionery, and beverage industries.The food acidulants market size is expected to see strong growth in the next few years. It will grow to $8.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.
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Key Market Players:
ADM (Archer Daniels Midland Company), Bartek Ingredients Inc., Caremoli Group, Cargill Incorporated, Hawkins Watts Limited, Corbion, FBC Industries, Dairy Chem, Jungbunzlauer Suisse AG, Parry Enterprises India Limited, Purac biochem BV, Suntran Industrial Group Ltd., Weifang Ensign Industry Co.Ltd., Jones-Hamilton, Aditya Birla Chemicals, Celrich Products, Fuerst Day Lawson, Parry Enterprises India Limited, Atlas Filtri, Merko, Jones-Hamilton Co., Prinova Group LLC, FBC Industries, KIC Chemicals Inc., Galactic S.A., Henan Jindan Lactic Acid Technology Co. Ltd., Foodchem International Corporation, Gulshan Polyols Limited, Musashino Chemical Laboratory Ltd.
Market Drivers:
According to the Food Acidulants Market Report 2024 by The Business Research Company, the key factors driving the growth of the Food Acidulants market, includes the Increasing consumption of processed meat is expected to propel the growth of the food acidulants market going forward. Any meat that has been altered to increase its flavor or prolong its shelf life is considered processed meat. Food acidulants are used to increase the shelf life of processed meat, poultry, and fish products, as well as to inhibit the growth of disease-causing bacteria, improve flavor, and improve binding and retention capacity.
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Market segments for Food Acidulants include:
1) By Type: Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid, Other Types
2) By Form: Solid, Liquid
3) By Application: Beverages, Dairy And Frozen products, Bakery, Meat Industry, Confectionery, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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