Global and Regional Citric Acid Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report 2018-2023

SKU ID : HNY- 11049061

Publishing Date : 14-Mar-2018

No. of pages : 133


  • Report projects that the Citric Acid market size will grow from USD 3.21 Billion in 2017 to USD 4.50 Billion by 2023, at an estimated CAGR of 5.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

    The global market is growing in accordance with the advancement of the processed food industry and increasing applications in the pharmaceutical, personal care & cosmetics, detergents & cleansers sectors. The citric acid market is considered to be one of the fastest-growing segments of the food additives market for its versatile functionalities as a flavor enhancer, acidulant, antioxidant, preservative, buffering agent, and sequestrant. The market is segmented on the basis of key forms, functions, applications, and regions. The citric acid industry is restrained by scarcity if raw materials and intense competition for the same. Emerging applications of citric acid in pharmaceuticals, personal care, and cosmetics are estimated to be the key driving factors for the citric acid market.

    By Market Players:
    Archer Daniels Midland Company , Cargill, Incorporated , Tate & Lyle PLC , Jungbunzlauer Suisse AG , Cofco Biochemical (Anhui) Co., Ltd. , Huangshi Xinghua Biochemical Co.Ltd , RZBC Group Co. Ltd. , Weifang Ensign Industry Co., Ltd. , Gadot Biochemical Industries Ltd. , S.A. Citrique Belge N.V., , , , , , , , , ,

    By Form
    Anhydrous , Liquid, , ,

    By Application
    Food , Beverages, Confectioneries, Convenience Food Products, Creams, Fats & Fillings

    By Function
    Acidulant , Antioxidant , Preservative , Sequestrant,

    By Grade
    Food Grade , Pharmaceutical Grade , Industrial Grade, ,

    The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

    Points Covered in The Report:
    The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
    The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also inc