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Global Acidulants Market Size study, By Product Type (Citric acid, Lactic acid, Malic acid, Phosphoric acid, Others), By Application (Bakery and Confectionery, Beverages, Dairy Products, Others), and Regional Forecasts 2022-2028

  • BIZ4983177
  • 200 Pages
  • June 2022
  • Food and Beverages
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Global Acidulants Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Acidulants are chemical compounds that give foods a tangy flavor, sour, or acidic flavor or make them more likely sweeter. In some processed foods, acidulants can also act as souring agents and emulsifiers. Factors such as the surging demand for the various juices, rising application of acidulants in food and beverages, coupled with the growing consumption of meat and dairy products are witnessing a higher demand for the acidulants across the globe. For instance, according to Statista, in 2022, the global juice industry generates a revenue of around USD 113.80 billion. Also, it is estimated the industry grows flourishingly and is likely to reach nearly USD 138.84 billion by 2026 with a CAGR of 5.09% (during 2022-2026). Therefore, the thriving development of the juice industry is fueling the market demand, which is accelerating market growth in the impending years. However, the growing prices of feed acidulants and the imposition of stringent regulations by various food regulatory bodies impede the growth of the market over the forecast period of 2022-2028. Also, the biological production of citric acid and acetic acid, along with the development of the food & beverage industry are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Acidulants Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rising demand for dairy products and growing consumption of protein-rich livestock feed. Whereas, North America is anticipated to exhibit a substantial growth rate over the forecast period 2022-2028. Factors such as the growing industrial application, as well as surging demand for canned and processed food products, would create lucrative growth prospects for the Acidulants Market across the North American region.

Major market players included in this report are:

BASF SE

Yara International ASA

Kemin Industries Inc.

Kemira OYJ

Biomin Holding GmbH

Impextraco NV

Pancosma

Nutrex NV

Perstorp Holding Ab

Novus International

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Citric acid

Lactic acid

Malic acid

Phosphoric acid

Others

By Application:

Bakery and Confectionery

Beverages

Dairy Products

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Acidulants Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Acidulants Market, by Region, 2020-2028 (USD Million)

1.2.2. Acidulants Market, by Product Type, 2020-2028 (USD Million)

1.2.3. Acidulants Market, by Application, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Acidulants Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Acidulants Market Dynamics

3.1. Acidulants Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Surging demand for the various juices

3.1.1.2. Growing consumption of meat and dairy products

3.1.2. Market Challenges

3.1.2.1. Growing prices of feed acidulants

3.1.2.2. Imposition of stringent regulations by various food regulatory bodies

3.1.3. Market Opportunities

3.1.3.1. Biological production of citric acid and acetic acid

3.1.3.2. Development of the food & beverage industry

Chapter 4. Global Acidulants Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Acidulants Market, by Product Type

6.1. Market Snapshot

6.2. Global Acidulants Market by Product Type, Performance - Potential Analysis

6.3. Global Acidulants Market Estimates & Forecasts by Product Type, 2018-2028 (USD Million)

6.4. Acidulants Market, Sub Segment Analysis

6.4.1. Citric acid

6.4.2. Lactic acid

6.4.3. Malic acid

6.4.4. Phosphoric acid

6.4.5. Others

Chapter 7. Global Acidulants Market, by Application

7.1. Market Snapshot

7.2. Global Acidulants Market by Application, Performance - Potential Analysis

7.3. Global Acidulants Market Estimates & Forecasts by Application, 2018-2028 (USD Million)

7.4. Acidulants Market, Sub Segment Analysis

7.4.1. Bakery and Confectionery

7.4.2. Beverages

7.4.3. Dairy Products

7.4.4. Others

Chapter 8. Global Acidulants Market, Regional Analysis

8.1. Acidulants Market, Regional Market Snapshot

8.2. North America Acidulants Market

8.2.1. U.S. Acidulants Market

8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2028

8.2.1.2. Application breakdown estimates & forecasts, 2018-2028

8.2.2. Canada Acidulants Market

8.3. Europe Acidulants Market Snapshot

8.3.1. U.K. Acidulants Market

8.3.2. Germany Acidulants Market

8.3.3. France Acidulants Market

8.3.4. Spain Acidulants Market

8.3.5. Italy Acidulants Market

8.3.6. Rest of Europe Acidulants Market

8.4. Asia-Pacific Acidulants Market Snapshot

8.4.1. China Acidulants Market

8.4.2. India Acidulants Market

8.4.3. Japan Acidulants Market

8.4.4. Australia Acidulants Market

8.4.5. South Korea Acidulants Market

8.4.6. Rest of Asia Pacific Acidulants Market

8.5. Latin America Acidulants Market Snapshot

8.5.1. Brazil Acidulants Market

8.5.2. Mexico Acidulants Market

8.6. Rest of The World Acidulants Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. BASF SE

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Yara International ASA

9.2.3. Kemin Industries Inc.

9.2.4. Kemira OYJ

9.2.5. Biomin Holding GmbH

9.2.6. Impextraco NV

9.2.7. Pancosma

9.2.8. Nutrex NV

9.2.9. Perstorp Holding Ab

9.2.10. Novus International

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Acidulants Market, report scope

TABLE 2. Global Acidulants Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Acidulants Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 4. Global Acidulants Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Acidulants Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Acidulants Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Acidulants Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Acidulants Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Acidulants Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Acidulants Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Acidulants Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Acidulants Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Acidulants Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Acidulants Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Acidulants Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Acidulants Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Acidulants Market

TABLE 55. List of primary sources, used in the study of global Acidulants Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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