Global Citric Acid Market Set to Reach $5.56billion by 2026 - ResearchAndMarkets.com
The "Citric Acid - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Citric Acid market accounted for $2.98 billion in 2017 and is expected to reach $5.56billion by 2026 growing at a CAGR of 7.2% during the forecast period. Some of the key factors impelling the market growth include increasing demand for the product to preserve food and growing demand for carbonated soft drinks. However, high competition for raw materials is restricting market growth.
Citric acid is a weak pure acid that occurs naturally in citrus fruits. It is shaped commercially through the fermentation procedure and appears as a white, odourless, and crystalline residue at room temperature. It is extensively used in the food and beverage industry. Citric acid also finds submission in many different industries and products.
- Market share assessments for regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Citric Acid Market, By Form
5.1 Introduction
5.2 Liquid
5.3 Powder
6 Global Citric Acid Market, By Production Techniques
6.1 Introduction
6.2 Surface Fermentation
6.3 Solid-State Fermentation
6.4 Submerged Fermentation
7 Global Citric Acid Market, By Grade
7.1 Introduction
7.2 Industrial Grade
7.3 Pharmaceutical Grade
7.4 Food Grade
8 Global Citric Acid Market, By Function
8.1 Introduction
8.2 Acidulant
8.3 Chelating Agent
8.4 Binding Agent
8.5 Preservative
8.6 Stabilizer
8.7 Antioxidant
8.8 Buffering Agent
8.9 Emulsifying Agent
8.10 Flavoring Agent
8.11 Sequestrant
9 Global Citric Acid Market, By End User
9.1 Introduction
9.2 Pharmaceuticals
9.3 Biotechnology
9.4 Health care
9.5 Agriculture
9.6 Printing
9.7 Household Detergents and Cleaners
9.8 Industrial
9.8.1 Metal Industry
9.9 Dairy Products
9.10 Cosmetics & Personal Care
9.11 Textile
9.12 Food Products
9.13 Reagents
9.14 Animal Feed
10 Global Citric Acid Market, By Geography
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Archer Daniels Midland Company
12.2 Cargil Corporation
12.3 Tate & Lyle PLC
12.4 Pfizer Inc.
12.5 Delek Group
12.6 Huangshi Xinghua Biochemical Co., Ltd
12.7 Merck KGaA
12.8 Metagenics
12.9 Kenko Corporation
12.10 S.A. Citrique Belge N.V.
12.11 Jungbunzlauer Suisse AG
12.12 Weifang Ensign Industry Co., Ltd
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190507005451/en/