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Global Citric Acid Market Set to Reach $5.56billion by 2026 - ResearchAndMarkets.com

May 7, 2019

DUBLIN--(BUSINESS WIRE)--May 7, 2019--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

For more information about this report visit https://www.researchandmarkets.com/r/t494jp

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SOURCE: Research and Markets

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PUB: 05/07/2019 05:09 AM/DISC: 05/07/2019 05:09 AM