Acidity Regulators Global Market Report 2024 - By Share, Size, Drivers, Outlook By 2033

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Acidity Regulators Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The acidity regulators market size has grown strongly in recent years. It will grow from $7.29 billion in 2023 to $7.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to food and beverage industry growth, increased processed food consumption, changing consumer preferences, global population growth, health and safety regulations.

The acidity regulators market size is expected to see strong growth in the next few years. It will grow to $10.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising health consciousness, demand for natural and organic ingredients, government regulations and standards, rise in convenience food consumption, international trade and globalization. Major trends in the forecast period include innovation in functional beverages, technological advancements in production, health and wellness considerations, clean label and natural ingredients, product innovations.

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Key Market Players:
Major companies operating in the acidity regulators market report are Cargill Incorporated, The Archer-Daniels-Midland Company, BASF SE., Merck KGaA, Yara International ASA., Brenntag AG, Univar Solutions Inc., Eastman Chemical Company, Kerry Group Plc., Koninklijke DSM N.V., Sigma-Aldrich Corporation, Tate & Lyle PLC, Corbion N.V., Innophos Inc., Jungbunzlauer Suisse AG, Naturex SA, Bartek Ingredients Inc., Fuerst Day Lawson Pvt. Ltd, Polynt Group, Gadot Biochemical Industries Ltd., Parchem Fine & Specialty Chemicals Inc., FBC Industries Inc., Finar Limited, Chemelco International B.V., Foodchem International Corporation, Bart Ingredients Co. Ltd, Hawkins Watts Limited, Arshine Pharmaceutical Co. Ltd., Celrich Products Pvt. Ltd., Jeecon Foods Pvt Ltd.

Market Drivers:
The increase in demand for acidity regulators in the food and beverage industry is expected to boost the growth of the acidity regulators market going forward. The food and beverage industry refer to all businesses that handle the processing, packaging, and distribution of uncooked food. Acidity regulators are used to altering and regulate the pH or alkalinity at a precise level in the food that is crucial for processing, flavour, and food safety. For instance, in 2021, according to the Food & Drink Federation, a UK-based organization that represents and advises UK food and drink manufacturers, Scotland registered 1,185 companies that manufacture food and beverages. Further, exports of food and beverages rose by 12% in 2021 to $7.9 billion (£5.9 billion). Additionally, in the same year, food and beverages turnover accounts for $12.5 billion (£10.4 billion), which is 30% of total Scottish manufacturing. Therefore, the increase in demand for acidity regulators in the food and beverage industry is driving the growth of the acidity regulators market.

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The acidity regulators market covered in this report is segmented -
1) By Product: Citric Acid, Phosphoric Acid, Acetic Acid, Maleic Acid, Lactic Acid, Other Products
2) By Source: Natural, Synthetic
3) By Application: Beverages, Bakery Products, Confectionery, Processed Food, Dairy Products, Dressings And Condiments, 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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