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Evolving Market Trends In The Citric Acid Industry: Low-Calorie Rtd Beverages Fuel Citric Acid Market
The Citric Acid Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Citric Acid Market Size During the Forecast Period?
In recent times, the market size of citric acid has witnessed a robust growth. The market expanded from $4.51 billion in 2024 to $4.88 billion in 2025, representing a compound annual growth rate (CAGR) of 8.2%. The historic growth of the market has been driven by factors such as the expansion of the food and beverage industry, its use in pharmaceutical applications, its employment as cleaning and chelating agents, the demand for preservation and flavoring, as well as a surge in various industrial applications.
Predictions for the upcoming years show a substantial increase in the citric acid market, which is expected to reach $6.93 billion by 2029, growing at a consistent compound annual growth rate (CAGR) of 9.1%. This growth during the forecast period is likely due to rising demand for clean label products, sustainable sourcing, biodegradable polymers, as well as the expansion in the personal care and cosmetics realms, and emerging market growth. Key trends projected during the forecast period involve initiatives in green chemistry, customized and bespoke solutions, advancements in technology, innovative specialty chemicals, as well as collaborations.
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What Are the High-Growth Segments in the Citric Acid Market?
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
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What Key Drivers Are Expected to Influence Future Citric Acid Market Growth?
The surge in the requirement for food safety is projected to propel the citric acid market's expansion. The primary sources of vital nutrients such as vitamin C, thiamine, niacin, pyridoxine, folic acid, minerals, and dietary fiber are fruits and vegetables. Citric Acid is identified as harmless for foods, still, these fruits and vegetables get tainted with detrimental substances pre-harvest and post-harvest. There is escalating consciousness towards food and safety amongst individuals for a healthy lifestyle. For example, a report by the World Health Organization, a Swiss-based international public health organization, disclosed in May 2022 that 600 million people every year - nearly a tenth of the global population - fall sick after consuming tainted food, resulting in 420,000 deaths and loses 33 million healthy life years. Unsafe food results in a loss of USD 110 billion in productivity and medical costs in low- and middle-income countries each year. 40% of the burden of foodborne diseases is borne by children under five, with 125,000 deaths annually. Hence, there is a demand for food safety, fueling the citric acid market's growth.
Which Companies Hold the Largest Share Across Different Citric Acid Market Segments?
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
What Trends Are Driving Growth in The Citric Acid Market?
The escalating consumer preference for low-calorie ready-to-drink (RTD) beverages is steering the growth of the citric acid market. These beverages, due to their low-calorie content, can contribute to cardiac health, improved immunity, and energy enhancement. As an example, Coca-Cola, an American beverage firm, introduced a new temporary flavor, 'Fanta Dragon Fruit Zero Sugar' in February 2022. This drink, while being caffeine-free and calorie-free, is packed with 100% authentic flavors and combines the tastes of kiwi, pear, and watermelon. The beverage is recognized by its striking pink color. It is temporarily available across the country and aims to serve consumers yearning for unique and revitalizing flavors.
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What Are the Emerging Geographies for The Citric Acid Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Citric Acid Market?
2. What is the CAGR expected in the Citric Acid Market?
3. What Are the Key Innovations Transforming the Citric Acid Industry?
4. Which Region Is Leading the Citric Acid Market?
Why This Report Matters:
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