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Key Trends Influencing the Growth of the Organic Acid Products Market in 2025: Technological Advancements In Organic Acid-Based Feed Additives Drive Market Growth
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Organic Acid Products Market Through 2025?
In recent years, there has been a significant expansion in the market size of organic acid products. With an estimated value of $17.00 billion in 2024, it is projected to increase to $18.13 billion in 2025, representing a compound annual growth rate (CAGR) of 6.6%. The historical growth of this market can be credited to factors such as the growth of cold chain logistics, an increased occurrence of lifestyle-related diseases, globalizing food supply chains, rising applications in biochemistry, and a shifting consumer preference towards functional foods.
What's the Projected Size of the Global Organic Acid Products Market by 2029?
The market size for organic acid products is projected to experience substantial growth in the coming years, swelling to a value of $23.14 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. This prospective growth within the prediction period is due to increased awareness around gut health and probiotics, expansion in online sales of food and nutraceuticals, urbanization and shifts in diet, and an enhanced focus on sustainable economy. Key trends during this predicted timeframe include the extension of vertical and indoor farming, the implementation of artificial intelligence in chemical procedures, the creation of smart packaging which includes natural preservatives, the merging of nutraceuticals and pharmaceuticals, and novel technologies for transforming agricultural waste into organic acids.
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Top Growth Drivers in the Organic Acid Products Industry: What's Accelerating the Market?
The anticipated growth in the organic acid products market is driven by the escalating demand in the food and beverage industry. Regarded as any edible or drinkable item meant for nourishment, pleasure, or hydration, the food and beverages industry is witnessing an increased demand due to the escalating consumption of packaged and processed food globally. More consumers are opting for ready-to-eat meals, snacks, and prepackaged drinks, escalating the demand in the industry. Organic acid products come in handy in the food and beverage industry, serving as preservatives, acidity regulators, and flavor enhancers that boost shelf life, confirm the safety, and enhance the flavor of various products. For instance, Canada.ca, a government agency based in Canada, indicated in October 2023 that the exports of processed food and beverage products hit a record high of $54.3 billion in 2022, revealing a 14.1% increase compared to 2021, contributing to the escalating demand in the food and beverage industry hence promoting the growth of the organic acid products market.
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What Trends Will Shape the Organic Acid Products Market Through 2029 and Beyond?
In the organic acid product market, key companies are concentrating on innovative techniques like organic acid-based feed supplements to boost animal nutrition, intestinal health, and feed storage. Organic acid-based feed additives are additional products incorporated into animal feed-these are full of organic acids that aid in increasing gut health, absorbing nutrients better, controlling damaging bacteria, and retaining the quality of feed. For example, in February 2024, Addcon, a company based in Germany, introduced three organic acid-based feed hygiene items in Indonesia, ADDCON ProFeed, Formi Stable, and ADDCON XL Forte, via its dependable distributor, Novindo. ADDCON ProFeed provides a dual-action effect by maintaining the quality of the feed and neutralizing harmful mycotoxins, guaranteeing safe and long-lasting feed for livestock. Formi Stable is intended to reduce main pathogens, aiding in keeping gut health in check and reducing disease transmission risks among animals. ADDCON XL Forte is a multifunctional liquid acidifier with a wide range of uses, offering sustained protection against microbial infection in various feed and water treatment procedures, and by doing so, improving biosecurity and overall cleanliness on farms.
What Are the Main Segments in the Organic Acid Products Market?
The organic acid products market covered in this report is segmented -
1) By Type: Chemicals, Organic, Agricultural, Additives, Industrial
2) By Form: Liquid, Powdered, Granulated
3) By Application: ??Food And Beverages, ?Agriculture, ?Pharmaceuticals, ?Animal Feed, ?Cosmetics, ?Nutraceuticals, Textiles
Subsegments:
1) By Chemicals: Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Succinic Acid
2) By Organic: Bio-Based Lactic Acid, Bio-Based Citric Acid, Bio-Based Succinic Acid, Bio-Based Acetic Acid
3) By Agricultural: Organic Acid-Based Animal Feed Additives, Organic Acid-Based Fertilizers, Silage Additives
4) By Additives: Food Preservatives, Flavor Enhancers, PH Regulators
5) By Industrial: Plasticizers, Solvents, Leather And Textile Processing Acids, Industrial Cleaning Agents
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Which Top Companies are Driving Growth in the Organic Acid Products Market?
Major companies operating in the organic acid products market are Cargill Incorporated, BASF SE, Mitsubishi Chemical Corporation, Evonik Industries AG, Braskem S.A., DuPont de Nemours Inc., DSM Nutritional Products AG, Eastman Chemical Company, Shandong Hualu-Hengsheng Chemical Co Ltd., Tate & Lyle PLC, Corbion N.V., Perstorp Holding AB, Jungbunzlauer Suisse AG, Abengoa S.A., Genomatica Inc., Loba Chemie Pvt. Ltd., Addcon GmbH, Jiangsu Haili Chemical Industry Co Ltd., Myriant Corporation, Weifang Ensign Industry Co Ltd.
Which Regions Will Dominate the Organic Acid Products Market Through 2029?
North America was the largest region in the organic acid products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organic acid products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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