Citric Acid Market: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2025

Global demand for the citric acid market is anticipated to reach approximately USD 3.83 billion in 2025, growing at a CAGR of around 4.9% between 2019 and 2025. Citric acid is an organic acid that occurs naturally in fruits. It is an intermediate that comes in the citric acid cycle which occurs in the metabolism of all aerobic creatures.

11-Jul-2019 | Number of pages: 110 | Report Code: ZMR-4383 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the citric acid market on a global and regional level. The study provides historic data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the citric acid market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the citric acid market on a global level.

As per the report, the global demand for the citric acid market is anticipated to reach approximately USD 3.83 billion in 2025, growing at a CAGR of around 4.9% between 2019 and 2025.

Global Citric Acid Market

Citric acid is an organic acid that occurs naturally in fruits. It is an intermediate that comes in the citric acid cycle which occurs in the metabolism of all aerobic creatures. Around a million tons of citric acid is manufactured every year due to its wide application in various end-use industries.

The high demand from the food and beverage industry is one of the major factors that is stimulating the growth of the market in the forecast period. The consumers prefer products that consist of plant-based natural ingredients due to increase in the numerous health-related issues. Citric acid is also widely used in the cleaning products as there is a ban on the usage of phosphate in various regions which is likely to support the market growth in the upcoming period. The key players in the market are making various developments. Various research and development activities are being carried out by the major players which are supporting the market growth in the forecast period. However, excess consumption of the citric acid can have adverse effects on the health which may act as one of the major challenges in the market growth. On the other hand, the rise in the pharmaceutical industry is providing various opportunities for the market to grow in the upcoming period.

Europe is one of the largest consumers of citric acid as the region has high growth in the food and beverage sector, which is supporting the growth of the market in the region. Moreover, the rise in the pharmaceutical industry in the region is also supporting the growth of the market in the forecast period.

Some of the key players operating in the global market include Tate & Lyle plc, Archer Daniels Midland Company, Pfizer Inc., and Gadot Biochemical.   

Global Citric Acid Market: Form Segment Analysis

  • Anhydrous
  • Liquid

Global Citric Acid Market: Application Segment Analysis

  • Pharmaceuticals
  • Food
  • Cosmetics
  • Others

Global Citric Acid Market: Function Segment Analysis

  • Acidulant
  • Antioxidant
  • Preservative
  • Sequestrant

Global Citric Acid Market: Regional Segment Analysis 

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Butyric Acid Market - By Product Type (Natural/Renewable And Synthetic Butyric Acid), By Application (Food, Chemical Intermediate, Animal Feed, Perfumes, Pharmaceuticals, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5381 | Report Format:

The global Butyric Acid market, which is likely to amass revenue worth nearly 666.42 (USD Million) by 2026, will register a CAGR of nearly 14.9% during the period from 2020 to 2026. The report offers assessment and analysis of the Butyric Acid market on a global and regional level. The study offer...Read More

Plastics in Personal Protective Equipment Market - By Type (Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polycarbonate (PC), Others), Application (Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5377 | Report Format:

The report covers forecast and analysis for the Plastics in Personal Protective Equipment market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for ...Read More

Sodium Chloride Market - by Source (Sea Water, Rock Salt, Others,), End-Use (Chemical Industry, Food Grade Salt, Road De-icing, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5374 | Report Format:

The report covers forecast and analysis for the Sodium Chloride market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the Sodium Chloride market...Read More

Isopropyl Alcohol Market - By Application (Antiseptic & Astringent, Cleaning Agent, Solvent, and Chemical Intermediate, Others), End-User (Cosmetics and Personal Care, Pharmaceutical, Food and Beverages, Paints and Coatings, Chemical, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5372 | Report Format:

The report covers forecast and analysis for the Isopropyl Alcohol market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the Isopropyl Alcohol ma...Read More

Food Grade Alcohol Market - By Type (Ethanol and Polyols), Source (Sugarcane, Grains, Fruits, and Others), Application (Food, Healthcare and Pharmaceutical and Beverages): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5371 | Report Format:

The report covers forecast and analysis for the Food Grade Alcohol market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the Food Grade Alcohol ...Read More

Request Free Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.