The global acidity regulators market size was worth USD 5,928.5 Million in 2021 and is estimated to grow to USD 8,081.9 Million by 2028, with a compound annual growth rate (CAGR) of precisely 5.3% over the 2022-2028.
The global acidity regulators market size was worth USD 5,928.5 million in 2021 and is estimated to grow to USD 8,081.9 million by 2028, with a compound annual growth rate (CAGR) of precisely 5.3 percent over the projected period. The report analyzes the acidity regulators market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the acidity regulators market.
Acid regulators are being utilized more frequently as food additives worldwide to control the acidity and alkalinity in various food products. The term "pH regulating agents" also applies to these acid regulators. They can also be employed as bases, minerals, organic acids, buffering agents, and other chemical compounds. They have a significant impact on the global food and beverage industries. They are used in various products, including dressings and sauces, baked goods, condiments, beverages, candies, and processed foods. The overall growth of the global market for acidity regulators is expected to be fueled by rising concerns about the average shelf life of food and beverage goods, as well as growing awareness of how microbial action can significantly impact the overall quality of food. It is anticipated that the usage of acidity regulators, which are used to maintain and control the pH balance of food, would increase in the food and beverage industry and bakeries, confectioneries, sauces, spices, and dressings, as well as in food preservatives to extend shelf life. However, the lack of acidity regulators impedes market expansion by causing health issues like diarrhea, nausea, and vomiting.
With the lockdowns, travel bans, and business closures, COVID-19 has impacted many different countries' economies and businesses, including the food and beverage industry. With several nations' restrictions on the supply chain, the COVID pandemic impacted the market for acidity regulators. Food manufacturing facilities were shut down due to the pandemic lockdown, which harmed food additives like acidity regulators. Citric acid saw an increase in demand due to its capacity to strengthen the immune system. As a result, COVID-19 has a major effect on the market for acidity regulators.
Acetic acid is a neutralizer and buffering agent in dye baths used in the textile industry. Most customers use this to control the pH level when dyeing fabrics. The most popular organic acid, glacial acetic acid, is frequently used in printing. Contrarily, lactic acid is frequently employed as a mordant in the textile sector. It also controls the chrome level of effluent during the dye application process, improving dye yields. In addition, acetic acid is used in the food business to give food its distinct flavor. It can be used in the food industry as a moderate descaling agent and for the microbiological decontamination of meat. Additionally, the World Health Organization (WHO) has included acetic acid on its list of essential medications for treating infections of the outer ear caused by bacteria and fungi. As a result, the expansion of the food, pharmaceutical, and textile industries also contributes to the growth of global acidity regulators market.
It is predicted that excessive intake of acidity regulators that result in health issues will restrain the global acidity regulators market growth. The impact of the driver is thought to be greater than the restriction. The excessive use of these modulators is thought to be a hindrance to the development of this market since it causes several health issues, including nausea, diarrhea, and an unsettled stomach.
Based on product type, the worldwide acidity regulators market is segmented into citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. Citric acid accounted for more than 40% of the acidity regulator market in 2021, owing to increased demand in industries such as food & beverages, pharmaceuticals, and others. With their outstanding solubility, agreeable flavor, and pH characteristics, citrus acids are much sought. Citric acid's excellent sequestering characteristics complete these products' properties and make them suitable for various industries, including food & beverage, medicines, and personal care.
Based on application, the worldwide acidity regulators market is segmented into beverages, sauces, condiments, dressings, confectionery, processed food, and bakery. In 2021, the processed food sector held the greatest market share, accounting for more than 40% of the total market. Additionally, the market is being driven forward by the rising use of lactic acid in the fermentation process of dairy products, including yogurt, cheese, buttermilk, and other dairy products during the manufacturing stage. At the same time, the expanding e-commerce industry, growing population, and increased demand for food all add to the market's expansion.
The Asia-Pacific region held a sizeable share of the global acidity regulators market due to the development of beverages and processed foods. The middle-class population's income levels have dramatically increased in developing Asia-Pacific and ROW nations. As a result of the rising need for prepared food among the working class, there has been a growing tendency in the consumption of food acidity regulators in these areas. China, India, and Japan are the top producers of processed foods and beverages in the Asia-Pacific region, which supports the region's market. The Asia-Pacific market is predicted to benefit greatly from increased demand for processed foods, a growing middle-class population, and the presence of large manufacturers in China, headed by acidity regulators from Korea, Australia, Malaysia, Japan, India, and China. The demand for goods in the area may rise due to the increased use of soft drinks.
Report Attributes | Report Details |
---|---|
Report Name | Acidity Regulators |
Market Size in 2021 | USD 5,928.5 Million |
Market Forecast in 2028 | USD 8,081.9 Million |
Compound Annual Growth Rate | CAGR of 5.3% |
Number of Pages | 245 |
Forecast Units | Value (USD Million), and Volume (Units) |
Key Companies Covered | ATP group, Celrich Products Pvt. Ltd., F.B.C Industries Inc., Chemelco International B.V., Cargill Incorporated, Fuerst Day Lawson Ltd, Archer Daniels Midland Company, Kerry Group, Bertek Ingredient Incorporation, and Jungbunzlauer India Pvt. Ltd. |
Segments Covered | By Product, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2021 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some of the main competitors dominating the global acidity regulators market include- ATP group, Celrich Products Pvt. Ltd., F.B.C Industries Inc., Chemelco International B.V., Cargill Incorporated, Fuerst Day Lawson Ltd, Archer Daniels Midland Company, Kerry Group, Bertek Ingredient Incorporation, and Jungbunzlauer India Pvt. Ltd.
FrequentlyAsked Questions
In the coming years, the market for acidity regulators is anticipated to develop due to growing knowledge of how microbial action affects food quality and growing concerns about extending the shelf life of food and beverage goods. The global market is anticipated to expand with the product's numerous uses in the food and beverage sector as gelling agents, flavorants, and taste modifiers.
According to the report, the global acidity regulators market size was worth USD 5,928.5 million in 2021 and is estimated to grow to USD 8,081.9 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.3 percent over the forecast period.
The Asia-Pacific region held a sizeable market share due to the development of beverages and processed foods. The middle-class population's income levels have dramatically increased in developing Asia-Pacific and ROW nations. As a result of the rising need for prepared food among the working class, there has been a growing tendency in the consumption of food acidity regulators in these areas.
Some of the main competitors dominating the global acidity regulators market include- ATP group, Celrich Products Pvt. Ltd., F.B.C Industries Inc., Chemelco International B.V., Cargill Incorporated, Fuerst Day Lawson Ltd, Archer Daniels Midland Company, Kerry Group, Bertek Ingredient Incorporation, and Jungbunzlauer India Pvt. Ltd.
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