Citric Acid Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

What combination of drivers is leading to accelerated growth in the citric acid market?
The escalating demand for safer food products is anticipated to fuel the expansion of the citric acid market. Fruits and vegetables, being the primary sources of nutrients like vitamin C, thiamine, niacin, pyridoxine, folic acid, minerals, and dietary fiber, are frequently contaminated with harmful substances both before and after harvesting. Citric Acid, considered safe for foods, plays a significant role in ensuring health. The rising consciousness about food safety for healthy living contributes to this trend. For example, an article from the World Health Organization, a Switzerland-based global institute for public health, stated in May 2022 that an approximate 600 million people, almost one out of ten globally, fall sick due to the consumption of tainted food, and 420,000 succumb annually. This results in 33 million healthy life years being eroded. Unsafe food leads to an annual loss of USD 110 billion in productivity and healthcare costs in low- and middle-income nations. Foodborne diseases disproportionately affect children under five, who make up 40% of the burden and suffer 125,000 fatalities each year. Consequently, the demand for food safety is an influential factor propelling the growth of the citric acid market.

Get Your Citric Acid Market Report Here:
https://www.thebusinessresearchcompany.com/report/citric-acid-global-market-report

What is the projected compound annual growth rate (CAGR) of the citric acid market from 2025 to 2034, and what factors influence it?
The growth in citric acid market size has been robust in recent years, with its valuation expected to expand from $4.51 billion in 2024 to $4.88 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.2%. The drive in growth during the historical phase can be linked to the surge in the food and beverage industry, applications in pharmaceuticals, usage as a cleaning and chelating agent, enhancement in preservation and flavoring methods, and heightened industrial applications.

Projected robust growth is anticipated to be seen in the citric acid market size in the forthcoming years. An expansion to $6.93 billion by 2029 with a compound annual growth rate (CAGR) of 9.1% is predicted. The expected surge during this prognosis interval can be linked with the rising demand for clean-labelled items, sustainable sourcing, biodegradable polymers, the escalating need for personal care and cosmetic products, and burgeoning market expansion. Noteworthy trends anticipated throughout the forecast span incorporate green chemistry policies, bespoke and designed solutions, technological advancements, unique specialty chemicals, and partnerships.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6608&type=smp

How are the latest trends influencing the growth of the citric acid market?
The citric acid market is being influenced by the escalating preference for low-calorie ready-to-drink (RTD) beverages. Such beverages, with their low-calorie content, are recognized for enhancing heart health, strengthening the immune system, and providing an energy boost. As an example, Coca-Cola, a leading beverage company in the US, introduced Fanta Dragon Fruit Zero Sugar in February 2022. This uniquely-flavored, zero-calorie, caffeine-free beverage, bringing together the flavors of kiwi, pear, and watermelon, is made entirely from natural ingredients. The drink, notable for its striking pink color, is accessible across the US for a limited period, aiming to satisfy consumers looking for unique and invigorating drinks.

What are the major segments of the citric acid market and their role in driving growth?
The citric acid market covered in this report is segmented -

1) By Form: Liquid, Anhydrous
2) By Key Function: Acidulant, Preservative, Antioxidant, Sequestrant
3) By Application: Food And Beverage, Bakery, Confectionery, Dairy, Pharmaceutical, Personal Care, Other Applications

Subsegments:
1) By Liquid: Citric Acid Solution, Concentrated Liquid Citric Acid
2) By Anhydrous: Granular Anhydrous Citric Acid, Powdered Anhydrous Citric Acid

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6608

Which regions are key players in the growth of the citric acid market?
Europe and North America was the largest region in the citric acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the citric acid market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the citric acid market?
Major companies operating in the citric acid market include Jungbunzlauer Suisse AG, Cofco Biochemical Co. Ltd., Archer Daniels Midland Company, Cargill Incorporated, Gadot Biochemical Industries Ltd, Tate & Lyle PLC, Huangshi Xinghua Biochemical Co Ltd., RZBC Group Co Ltd., Weifang Ensign Industry Co Ltd., S.A. Citrique Belge N.V., Yixing Biochemical Co Ltd., Shandong Juxian Hongde Citric Acid Company Ltd, Merck KGaA, Foodchem International Corporation, Posy Pharmachem Pvt Ltd, Hawkins Pharmaceutical Group, Saudi Bio-Acids Company, Citrique Belge N.V., TTCA Co Ltd., Jiangsu Guoxin Union Energy Co Ltd., Laiwu Taihe Biochemistry Co Ltd., Bulk Apothecary, Ingredients Online

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=6608&type=smp

What Is Covered In The Citric Acid Global Market Report?

•Market Size Forecast: Examine the citric acid market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the citric acid market for a structured understanding.
•Key Players Overview: Analyze major players in the citric acid market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the citric acid market.
•Segment Contributions: Evaluate how different segments drive overall growth in the citric acid market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the citric acid market.
•Industry Challenges: Identify potential risks and obstacles affecting the citric acid market.
•Competitive Landscape: Review strategic developments in the citric acid market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.