Canada Food Acidulants Market-Growth, Trends and Forecast 2017 - 2022

  • ID: 4386264
  • Report
  • Region: Canada
  • 71 pages
  • Mordor Intelligence
1 of 3
Acidulants are one of the major food additives used in Food & Beverages industry and are one of the fastest growing segments. The main function of the Acidulants is to stabilize the Ph. level the food product and preserve the product shelf life. Apart from this, they function as gelling agents, as flavor enhancers in confectionary products and improve the taste in beverages. The global Acidulants market is projected to reach $6134 million by 2020, growing at a CAGR of 7.6%. The Canada market is estimated to reach US$ ~ million by 2020 with a CAGR of ~%.

The Canada food acidulants market is driven by growing processed food and beverages market and their consumption by the burgeoning middle class population. Other factors like supply chain complexities like lack of cold storage chains and also consumer demand for nutrition anabled food products seem to drive the market. The market finds restrains in the form of huge competition in pricing due large number of suppliers in the market. Chinese players, especially in citric acid, poses a high threat for Western players .Regulatory checks on imports to create perfect competition like environment is still in the nascent stages in several countries. The key potential this industry sees is in the form of manufacturers adopting technologies to improve their production processes to meet the capacity requirements.

The market is segmented based on type which include Citric acid, phosphoric acid, and lactic acid among others. Citric acid dominates the Acidulants market, followed by phosphoric acid. The major applications of Acidulants is seen in non-alcoholic beverages and soft drinks. Beverages are the largest segment for Acidulants followed by seasonings, condiments sauces and Processed food products.

Some of the players who have been profiled in this market are ADM, Brenntag, Cargill, Hawkin Watts, Tate & Lyle among others. Manufacturers are adopting innovative technologies to increase their profit margins in this market.
Note: Product cover images may vary from those shown
2 of 3
1. Introduction
1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Market Overview & Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Demand for food products with high nutritional value
3.2.2 Wide applications due to varied functionality
3.2.3 Increased demand for processed food & beverages
3.3 Restraints
3.3.1 Regulatory requirements
3.3.2 Debate on Ill effects of food acidulants
3.3.3 Threat from chinese players
3.4 Opportunities
3.4.1 Regulatory check on imports to create healthy competition
3.4.2 Infusion of technology
3.4.3 Wider Acceptance of GSFA for improved International Trade
3.5 Porter Five Forces Analysis
3.5.1 Bargaining power of Suppliers
3.5.2 Bargaining power of Buyers
3.5.3 Degree of Competition
3.5.4 Threat of Substitution
3.5.5 Threat of new entrants
4. Market Segmentation
4.1 Food Acidulants Market, by type
4.1.1 Citric Acid
4.1.2 Phosphoric acid
4.1.3 Lactic acid
4.1.4 Others
4.2 By Application
4.2.1 Bakery
4.2.2 Dairy & Frozen products
4.2.3 Oils & Fats
4.2.4 Confectionary
4.2.5 Meat poultry & Sea Food products
4.2.6 Beverages
4.2.7 Others
5. Competitive Landscape Overview
5.1 Market Share Analysis
5.2 Strategies by leading players
5.3 New Product Developments &Other Innovations
6. Company Profiles
6.1 Archer Daniels Midland(ADM)
6.2 Brenntag
6.3 Cargill Inc
6.4 Hawkins Watts Ltd
6.5 Jungbunzlauer Ag
6.6 Parry Enterprises India
6.7 Purac Biochem
6.8 Univar
6.9 Tate & Lyle
6.10 Bartek
6.11 parchem
6.12 Merko group Llc
6.13 Weifang Ensign Industry Co. Ltd
6.14 Isegen South Africa (Pty) Ltd
6.15 fbc industries inc
7. Appendix

List of Tables

1: Mexico: Acidulants market Revenue,by Type, 2012-2020 ($Million)
2: Mexico: Acidulants market Revenue,by Application, 2012-2020 ($Million)
Note: Product cover images may vary from those shown
3 of 3


4 of 3
Note: Product cover images may vary from those shown