Global Food Acidulants Market Research Report 2023(Status and Outlook)
Report Overview
Food acidulants are food additives, used to preserve the flavor, maintain the taste as well as other olfactory properties. Food acidulants serve an essential role in the manufacturing of packaged and convenience food. Also, it helps in reducing spoilage from air, bacteria, fungi, and yeast which in-turn increases the product shelf-life. Commonly used food acidulants in the foods & beverages industry are acetic acid, citric acid, lactic acid, phosphoric acid, and malic acid.
Changing consumers’ preference towards convenience, packaged, and frozen foods have intensified the usage of food acidulants in the food & beverage industry. It is experiencing high demand due to its added nutritional attributes. Growing health concerns among the global population together with the increasing awareness about the benefits of consuming food preservatives are most likely to drive the growth of the food acidulants market. Also, value-added benefits associated with the use of food acidulants in the food products are also supporting the sale of food acidulants globally.
The Global Food Acidulants Market Size was estimated at USD 2036.50 million in 2022 and is projected to reach USD 2716.18 million by 2029, exhibiting a CAGR of 4.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Food Acidulants market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Food Acidulants Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Food Acidulants market in any manner.
Global Food Acidulants Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Cargill
Brenntag
Archer-Daniels-Midland Company
Univar
Tate & Lyle
Purac Biochem
Caremoli
Jungbunzlauer Suisse
Bartek Ingredients
Market Segmentation (by Type)
Acetic Acid
Citric Acid
Lactic Acid
Malic Acid
Market Segmentation (by Application)
Bank ATMs
Retail ATMs
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Food Acidulants Market
Overview of the regional outlook of the Food Acidulants Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors