Citric acid is one of the most indispensable and widely used organic acids which occur naturally in various citrus fruits as well as animal fluids and tissues. It is a weak acid and is highly miscible in nature. Citric acid is extensively used in food industry as acidulate and flavor enhancer. More than 70% of the citric acid is used in food and fermentation produces. Citric acid is available in both powder and liquid forms and the major types are food grade, industrial grade, pharmaceutical grade and others. It is widely used to impart a pleasant, tart flavor to foods and beverages and also finds applications as an additive in detergents, pharmaceuticals, cosmetics and toiletries.
Browse 54 Market Tables, 32 Figures spread through 130 Pages and an in-depth TOC on “Citric Acid Market” at:
http://industryarc.com/Report/7368/Citric-Acid-Market-Research-Report.html
The global citric acid market in 2014 was $3.2 billion and is dominated by Europe which is poised to exhibit significant growth due to increasing demand for processed and ready-to-eat foods in food industry.In addition to these factors, the properties of citric acid such as high solubility, non-toxicity, pleasant taste, and chelating and buffering are responsible for its growing consumption in a wide range of applications.Also, surging demand for citric acid in pharmaceuticals, detergents, cosmetics & toiletries and food & beverages is expected to boost the market growth over the forecast period. Moreover, the demand is expected to increase in household detergents and cleaners, which is anticipated to augment the current market growth.
Overall, the demand growth in Western Europe is projected to grow multi-fold, and will be affected mainly by demand growth in the food and beverage industry. Increasing growth in the soft drinks sector would create an impeccable surge in the demand for citric acid. The trend to use citric acid in detergents to replace phosphates has reversed and future consumption will depend on price competitiveness and inter-product competition in the detergent sector. Some of the major players in this market are Archer Daniels Midland Company, Cargill, DSM, Gadot Biochemical Industries, Jungbunzlauer, Huangshi Xinghua Biochemical Co. Ltd., Tate & Lyle, Linde AG and many others. These companies have largest production capacity and occupy most of the citric acid market.
Request a Sample at:
http://industryarc.com/pdfdownload.php?id=7368
According to a recent survey, more than 1.9m tons of citric acid is produced worldwide wherein, half of it is produced solely in China. When it comes to consumption, one third of all citric acid is consumed in Europe. However, the production capacity of citric acid is anticipated to grow at 6-7% per year, thus exceeding the world economic growth. Citric has a broad spectrum of application in food & beverage industry. FDA and EU have levied regulations for use in citric acid market.
The citric acid market report is a comprehensive study of the market for different grades, end-use industry, applications and geography.
The citric acid market is analyzed by the following end user industries:
- Food & Beverage
- Pharmaceutical
- Soap & Detergent
- Printing
Following key players were also covered as part of the citric acid market landscape analysis:
- Chinese companies
- Tate & Lyle
- Archer Daniels Midland Company (ADM)
- Jungbunzlauer AG
- Cargill Corporation
- Hoffmann-La Roche AG
The citric acid market has also been analyzed for four geographic regions which include Americas, APAC, Europe and Rest of the World.
Inquire More at:
http://industryarc.com/inquiry-before-buying.php?id=7368
Browse Related Reports:
- Food Acidulants Market:
By Application (Beverages, Convenience Food, Sauces & Seasonings, Bakery, Confectionery); By Type (Lactic acid, Malic acid, Citric acid, Phosphoric acid, Tartaric acid, Acetic acid); By Source (Natural, Synthetic) – Forecast (2015 – 2020):
http://industryarc.com/Report/7468/food-acidulants-market.html
- Flavor Additives and Enhancers Market:
By Type of Flavoring Substance (Natural, Nature-Identical and Artificial), By Type of Flavoring Enhancer (Glutamic Acid Salts, Guanylic Acid Salts, Iosinic Acid Salts & Others), By Form (Liquid, Powdered and Paste), By End-Use Industry (Food & Beverage and Pharmaceutical) & By Geography - Forecast (2015-2020):
http://industryarc.com/Report/7371/Flavor-Additives-and-Enhancers-Market-Research-Report.html
About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Media ContactCompany Name: IndustryARC
Contact Person: Mr. Sanjay Matthews
Email:Send Email
Phone: 1-614-588-8538 (Ext: 101)
Country: United States
Website: http://www.industryarc.com
