Acidity Regulators Market Share, Size, Trends, Industry Analysis Report, By Product (Citric Acid, Phosphoric Acid, Acetic Acid, Maleic Acid, Lactic Acid); By Source; By Application; By Region; Segment Forecast, 2023 - 2032
The global acidity regulators market size is expected to reach USD 13.87 billion by 2032, according to a new study by Polaris Market Research. The report “Acidity Regulators Market Share, Size, Trends, Industry Analysis Report, By Product (Citric Acid, Phosphoric Acid, Acetic Acid, Maleic Acid, Lactic Acid); By Source; By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growing demand for ready-to-eat meals has led to an increase in the use of acidity regulators in food processing. Acidity regulators are used to regulate the pH level of food products, which helps to improve the shelf life, texture, and flavor of the food. Ready-to-eat meals are often processed and packaged, which can cause changes in the pH level of the food, making it necessary to use acidity regulators to maintain its quality. As the demand for ready-to-eat meals continues to grow, the demand for acidity regulators is also increasing. This is driving the growth of the acidity regulators market, as food manufacturers are looking for innovative ways to meet the demand for convenient and high-quality food products.
Consumers have become more health conscious as products that are free from artificial preservatives & other food chemicals. According to McKinsey, nearly 80% of customers believe wellbeing to be vital, with 50% of them ranking it as their top priority. According to the company, the global wellness market is worth USD 1.5 trillion and will expand by 5% to 10% annually. Food manufacturers can employ methods like clean labelling and ingredient transparency to set their goods apart from rivals in the increasingly congested health industry. Acidity regulators provide a natural alternative to synthetic preservatives, as they are derived from natural sources such as fruits and vegetables. This has led to an increase in demand for products that contain acidity regulators, which in turn is driving the growth of the acidity regulators market.
Acidity Regulators Market Report Highlights
Citric Acid is anticipated to grow at a faster rate owing to its versatility, natural and clean label status, and health benefits.
Natural segment accounted for the largest market share owing to the increasing demand for natural products, health benefits and environmentally friendly features.
Beverage segment is projected to experience higher revenue share due to the increasing demand for beverages.
Asia Pacific is expected to witness higher growth rate for the market in coming years due to the growing demand for the food processing industry.
North America garnered the largest share owing to the well-developed food & beverage industry and health-conscious population.
Global players include Bartek Ingredients, Cargill Incorporated, Celrich Products, Fuerst Day Lawson, Archer Daniels Midland, American Tartaric Products, Merko, Tate & Lyle & Univar.
Polaris Market Research has segmented the acidity regulators market report based on product, source, application and region:
Acidity Regulators, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Citric Acid
Phosphoric Acid
Acetic Acid
Maleic Acid
Lactic Acid
Acidity Regulators, Source Outlook (Revenue - USD Billion, 2019 - 2032)
Natural
Synthetic
Acidity Regulators, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Beverages
Sauces, Condiments and Dressings
Processed Food
Bakery
Confectionery
Acidity Regulators, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa