Food Acidulates Market: Global Industry Analysis and Forecast (2022-2029)

Food Acidulates Market is expected to reach US$ 7784 Mn. by 2029, at a CAGR of 7.42% during the forecast period. The global Food Acidulates market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Food Acidulates market report also provides trends by market segments, technology, and investment with a competitive landscape. Global Food Acidulates MarketTo know about the Research Methodology :- Request Free Sample Report

Food Acidulates Market Overview

Food Acidulates are active ingredients that assist to increase the shelf life of prepared foods. They help achieve this by preventing microbiological contamination as well as sustaining pH levels, thus further enhancing quality attributes. The food Acidulates market is anticipated to register US$ 7.30 BN in the forecast period growing with a CAGR of xx% in the projected time frame. In addition to monitoring acid content, Food Acidulates also assist in the sustainability of foods and drinks and behave as gelling agents to prevent food from microorganisms. Acidulates are being used to sustain sharp flavor in foods notably in soups, jellies, and CSDs. Several fruits contain organic and natural acids, which offer them a strong taste. Acids are being used for hundreds of years as significant flavoring agents, as they create an atmosphere which prevents many microbes from developing Bicarbonates, especially baking soda, are being used as mild alkalis, whilst phosphates are often used for buffering and different flavor A small portion of ADM is added to improve flavor and taste particularly diet beverages requires sodium citrate. Sodium Citrate is commonly used to enhance flavor. Some acids, like citric acid, work in conjunction with antioxidant properties by chelating metal ions that catalyze oxidation and cause rancidity and deterioration. Food Acidulates also helps in preserving colors of vegetables and fruits

Food Acidulates Market Dynamics

The increasing consumer inclination towards various juices, soft drinks, the increasing demand for acidity regulators in the beverage industry mainly in flavored water, energy and carbonated drinks, the increasing consumption of processed meat and convenience food products are some of the main factors. Food and beverage is the major segment behind increasing demand for food Acidulates in the market and is anticipated to bolster the Food Acidulates Market in the forecast period as well as The rise in the retail food organizational sector and the use of lactic acid to prevent bitter taste after consuming artificial sweeteners also with increased use of Fumaric acids in food products have aided in the market growth. This is extensively used for bakery products and confectionaries due to their specific abilities in strengthening the organoleptic characteristics and lifespan of different bakery products like cake, pastries, bread and others. The acid helps protect finished products from pathogenic organisms and bacteria, prolonging their storability. However, many food Acidulates are easily available in the market and is common in kitchens especially in Indian household’s acids are used in preparing pickles, artificial yogurts and many other items. Thus, easy availability of food Acidulates in the market like citric acid and the side effect caused by them are likely to restraint the market from growing.

Trends in Global Food Acidulates Market

Due to busy lifestyle and need of doing work on time has increased trend of consumption of ready to eat food products and beverages in the market. Because ready to eat food product not only fills the stomach but also saves time for the people. And with rapid change in lifestyle and increase in the disposable income the trend is likely to get more attention in coming years and will thus boost the growth of the overall food acidulates market

Food Acidulates Market Segment Analysis:

By Type, the segment of lactic acid is estimated to hold the largest market share. Lactic acids are popularly used for the processed meat products owing to their interesting characteristics like food preservation, controlling harmful bacteria, strengthening meat. Consumer preferences are shifting toward protein-rich meat products, and this trend is expected to continue and to increase in the coming years. By 2024 the global market for processed meat is likely to surpass US$ 2 Trillion. By application, the segment of the bakery is also witnessing an upsurge in the market due to the rising demand for food Acidulates for the bakery products. Food Acidulates increase the lifespan of bakery products and makes them soft when consumed. Rising consumers demand for fresh and quality baked food and on the go food are propelling the growth of the overall food Acidulates market. The bakery segment is anticipated to have the largest market share during the forecast period. Notably in North American and European regions. By Type, the segment of Citric Acid holds the largest market share in terms of volume as well as usage owing to its increasing demand. Citric acid is the most common acid used in the food and beverage industries. Previously retrieved from lemons, this acid can now be commercially produced via a fermentation process. Citric acid has a wide range of applications, spanning from introducing additional sharp taste to desserts and beverages to creating a perfect environment for the formation of desserts, jellies, and jams. About 50% of flavour-enhancing citric acid is used in the food and beverage sector due to its preservatives and enhancing qualities

Food Acidulates Market Regional Insights:

Asia Pacific region is the most dominant segment in the global food acidulates market Asia because of food processing in developing countries. Moreover, it is expected to grow at a consistent rate in the coming years. Asia Pacific region has the highest consumption of citric acid, especially in South East Asia. Increasing demand for clean product and an upsurge in beverages are contributing to the growth of the market in the region. With now the availability of obtaining citric acid via various methods of production key market players are now finding it easy to fulfil the continuously rising demand of regions consumer. China, India, Japan and South Korea are the major contributors in the region and for boosting the overall market growth. In Asia, Pacific China is anticipated to continue dominance over other countries North America region has also seen an upsurge in the market due to an increase in the consumption of bakery and beverage products. Rising living standards with increasing income has transformed the market in the region. Consumers are now more inclined towards the use of ready to eat and drink products and for which acidulates plays a major role. are the major contributing countries for the growth of the market in the North American region. The European region is also witnessing a rise in the market due to the consumption of acid in the food and beverage industry. Same as North American consumer is now consuming more of ready to eat products. The European population is more inclined toward bakery product. Availability of raw materials and innovative means of production fueled the market growth in the region. German. Italy, England, Spain and Portugal are the most contributing countries in the European region. Middle East & Africa have also shown signs of growth in recent years due to an increase in awareness and use of acidulates in food and beverages. Consumption of meat in the region is the most and has fueled the overall market growth of food acidulates. However, the growth in this region is anticipated to be at a slow pace because of the high cost of production The objective of the report is to present a comprehensive analysis of the Global Food Acidulates Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Food Acidulates Market dynamics, structure by analyzing the market segments and project the Global Food Acidulates Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Food Acidulates Market make the report investor’s guide.

Food Acidulates Market Scope: Inquire before buying

 
Global Food Acidulates Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 4390.7 Mn.
Forecast Period 2022 to 2029 CAGR: 7.42% Market Size in 2029: US $ 7784.2 Mn.
Segments Covered: by Product • Citric Acid • Phosphoric Acid • Lactic Acid • Acetic Acid • Malic Acid
by Application • Beverages • Dairy and Frozen Products • Bakery • Meat Industry • Confectionery
by Foam • Liquid • Powder
by Function • Flavor Enhancer • Microbial Control • pH Control • Preservative • Others

Food Acidulates Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Food Acidulates Market Key Players

Tate & Lyle PLC  (UK) • Archer Daniels Midland Company (US) • Corbion Purac N.V.(Netherlands) • RP International Limited (China) • Cargill Incorporated (US) • Global Specialty Ingredients (Malaysia) • Nanjing Xiangshengtai Industry Co., Ltd (China), • Hawkins Watts (New Zealand) • Univar Solutions (US) • FBC Industries, Inc. (US), • Suntran (China) • Batory Foods • Fuerst Day Lawson (UK)

Frequently Asked Questions:

1. Which region has the largest share in Global Food Acidulates Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Food Acidulates Market? Ans: The Global Food Acidulates Market is expected to grow at a CAGR of 7.42% during forecast period 2022-2029. 3. What is scope of the Global Food Acidulates Market report? Ans:  The Global Food Acidulates Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this market? Ans: The Global Food Acidulates Market is studied from 2021 to 2029.
1. Global Food Acidulates Market: Research Methodology 2. Global Food Acidulates Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Food Acidulates Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Food Acidulates Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Food Acidulates Market Segmentation 4.1 Global Food Acidulates Market, by Product (2021-2029) • Citric Acid • Phosphoric Acid • Lactic Acid • Acetic Acid • Malic Acid 4.2 Global Food Acidulates Market, by Application (2021-2029) • Beverages • Dairy and Frozen Products • Bakery • Meat Industry • Confectionery 4.3 Global Food Acidulates Market, by Foam (2021-2029) • Liquid • Powder 4.4 Global Food Acidulates Market, by Function (2021-2029) • Flavor Enhancer • Microbial Control • pH Control • Preservative • Others 5. North America Food Acidulates Market(2021-2029) 5.1 North America Food Acidulates Market, by Product (2021-2029) • Citric Acid • Phosphoric Acid • Lactic Acid • Acetic Acid • Malic Acid 5.2 North America Food Acidulates Market, by Application (2021-2029) • Beverages • Dairy and Frozen Products • Bakery • Meat Industry • Confectionery 5.3 North America Food Acidulates Market, by Foam (2021-2029) • Liquid • Powder 5.4 North America Food Acidulates Market, by Function (2021-2029) • Flavor Enhancer • Microbial Control • pH Control • Preservative • Others 5.5 North America Food Acidulates Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Food Acidulates Market (2021-2029) 6.1. European Food Acidulates Market, by Product (2021-2029) 6.2. European Food Acidulates Market, by Application (2021-2029) 6.3. European Food Acidulates Market, by Foam (2021-2029) 6.4. European Food Acidulates Market, by Function (2021-2029) 6.5. European Food Acidulates Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Food Acidulates Market (2021-2029) 7.1. Asia Pacific Food Acidulates Market, by Product (2021-2029) 7.2. Asia Pacific Food Acidulates Market, by Application (2021-2029) 7.3. Asia Pacific Food Acidulates Market, by Foam (2021-2029) 7.4. Asia Pacific Food Acidulates Market, by Function (2021-2029) 7.5. Asia Pacific Food Acidulates Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Food Acidulates Market (2021-2029) 8.1 Middle East and Africa Food Acidulates Market, by Product (2021-2029) 8.2. Middle East and Africa Food Acidulates Market, by Application (2021-2029) 8.3. Middle East and Africa Food Acidulates Market, by Foam (2021-2029) 8.4. Middle East and Africa Food Acidulates Market, by Function (2021-2029) 8.5. Middle East and Africa Food Acidulates Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Food Acidulates Market (2021-2029) 9.1. South America Food Acidulates Market, by Product (2021-2029) 9.2. South America Food Acidulates Market, by Application (2021-2029) 9.3. South America Food Acidulates Market, by Foam (2021-2029) 9.4. South America Food Acidulates Market, by Function (2021-2029) 9.5. South America Food Acidulates Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Tate & Lyle PLC  (UK) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Archer Daniels Midland Company (US) 10.3 Corbion Purac N.V.(Netherlands) 10.4 RP International Limited (China) 10.5 Cargill Incorporated (US) 10.6 Global Specialty Ingredients (Malaysia) 10.7 Nanjing Xiangshengtai Industry Co., Ltd (China), 10.8 Hawkins Watts (New Zealand) 10.9 Univar Solutions (US) 10.10 FBC Industries, Inc. (US), 10.11 Suntran (China) 10.12 Batory Foods 10.13 Fuerst Day Lawson (UK)
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