Food Acidulants Market 2024-2028
The food acidulants market is forecasted to grow by USD 2373.4 mn during 2023-2028, accelerating at a CAGR of 6.7% during the forecast period. The report on the food acidulants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for processed food, expansion in food supply chain, and growing demand for home food preservation.
Technavio's food acidulants market is segmented as below:
- By Application
- Bakery and confectionery
- Beverages
- Others
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing penetration of online food retailing as one of the prime reasons driving the food acidulants market growth during the next few years. Also, increase in consumer awareness toward organic products and growing consumer inclination toward vegan frozen food will lead to sizable demand in the market.
The report on the food acidulants market covers the following areas:
- Food Acidulants Market sizing
- Food Acidulants Market forecast
- Food Acidulants Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food acidulants market vendors that include Archer Daniels Midland Co., Arshine Pharmaceutical Co. Ltd., Bartek Ingredients Inc., Batory Foods, BRENNTAG SE, Cargill Inc., Citribel NV, Corbion nv, DairyChem, FBC Industries Inc., FDL Ltd., Fuso Chemical Co. Ltd., Grasim Industries Ltd, Hawkins Watts Ltd., Isegan South Africa Pty Ltd., Jungbunzlauer Suisse AG, MegaChem UK Ltd., Suntran Industrial Group Ltd., Tate and Lyle PLC, and Weifang Ensign Industry Co. Ltd.. Also, the food acidulants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.