Citric Acid Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023

  • ID: 4427157
  • Report
  • Region: Global
  • 120 pages
  • Infinium Global Research
1 of 4

FEATURED COMPANIES

  • Cargill Inc.
  • Delek Group
  • Jungbunzlauer Suisse AG
  • Pfizer Inc.
  • RZBC Group Company Ltd.
  • Tate & Lyle PLC
  • MORE
The report on global citric acid market provides qualitative and quantitative analysis for the period of 2015 to 2023. The report predicts the global citric acid market to grow with a CAGR between 5.5% and 6.0% from 2017 to 2023. The study on citric acid market covers the analysis of regions such as North America, Europe, Asia Pacific, Rest of the World. Among the geographies Asia Pacific dominated the world market in terms of consumption of citric acid. Moreover this region anticipated to grow at the highest CAGR over the forecast period.

The report on global citric acid market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global citric acid market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that driving, restraining the global citric acid market. Porter’s five forces model in the report provides insights into the competitive rivalry in the global citric acid market over the period of 2015 - 2023. Further. The growth matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
  • Primary Research
Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents.

The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through:
1. Key Opinion Leaders associated with the author
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Primary research respondents typically include:
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include:
  • Company reports and publications
  • Government/institutional publications
  • Trade and associations’ journals
  • Databases such as WTO, OECD, and World Bank, among others.
  • Websites and publications by research agencies
Report Findings

1. Drivers
  • Increasing demand of citric acid from detergents & cleaners application
  • Growing demand for citric acid across various end user industries
  • Rising demand from consumers preferring products including plant based natural ingredients
2. Restraints
  • Increasing prices of molasses
  • Huge scale production & export of diminishing citric acid from China
3. Opportunities
  • Continuously rising demand for citric acid from emerging applications
  • Eco-friendly properties of citric acid
Segments Covered

1. Global Citric Acid market by form
a. Liquid form
b. Powder form

2. Global Citric Acid market by grade
a. Food grade
b. Other grades (including pharma and industrial grades)

3. Global Citric Acid market by application
a. Acidulant
b. Cleaning Agent
c. Binding Agent
d. Preservative
e. Others

4. Global Citric Acid market by end use
a. Food and Beverages
b. Pharmaceutical
c. Animal Feed
d. Personal Care
e. Metal Finishing & Cleaning
f. Others

Companies Profiled:

The companies covered in the report include:
  • Archer Daniels Midland Company
  • Cargill Inc.
  • Tate & Lyle PLC
  • HUANGSHI XINGHUA Biochemical Company Ltd.
  • RZBC Group Company Ltd.
  • Weifang Ensign Industry Company Ltd.
  • Gadot Biochemical Industries Ltd.
  • Jungbunzlauer Suisse AG
  • Pfizer Inc.
  • Delek Group
  • Shandong Juxian Hongde Citric Acid Company Ltd
Reasons to buy this report
1. Comprehensive analysis of global as well as regional markets of Citric Acid
2. Complete coverage of all the product type and applications segments to analyze the trends, developments in Citric Acid market, and forecast of market size up to 2023.
3. Comprehensive analysis of the companies operating in Citric Acid market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. The Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Cargill Inc.
  • Delek Group
  • Jungbunzlauer Suisse AG
  • Pfizer Inc.
  • RZBC Group Company Ltd.
  • Tate & Lyle PLC
  • MORE
1. Preface
1.1 Report Description
1.2 Research Methods
1.3 Research Approaches

2. Executive Summary

3. Global Citric Acid Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.2.4 Challenges
3.3 Porter’s Five Forces Analysis
3.4 Growth Matrix Analysis
3.5 Competitive Landscape in the Citric Acid Market

4. Global Citric Acid market by Form (USD Million) 2017-2023
4.1 Liquid Form
4.2 Powder Form

5. Global Citric Acid market by Grade (USD Million) 2017-2023
5.1 Food Grade
5.2 Others

6. Global Citric Acid market by Application (USD Million) 2017-2023
6.1 Acidulant
6.2 Cleaning Agent
6.3 Binding Agent
6.4 Preservative
6.5 Others

7. Global Citric Acid market by End Use (USD Million) 2017-2023
7.1 Food & Beverages
7.2 Pharmaceutical
7.3 Animal Feed
7.4 Personal Care
7.5 Metal Finishing & Cleaning
7.6 Others

8. Global Citric Acid Market Analysis, by Region (USD Million) 2017-2023
8.1 North America
8.1.1 North America Citric Acid Market by Form (USD Million)
8.1.2 North America Citric Acid Market by Grade (USD Million)
8.1.3 North America Citric Acid Market by Application (USD Million)
8.1.4 North America Citric Acid Market by End Use (USD Million)
8.1.5 North America Citric Acid Market by country (USD Million)
8.2 Europe
8.2.1 Europe Citric Acid Market by Form (USD Million , KT)
8.2.2 Europe Citric Acid Market by Grade (USD Million)
8.2.3 Europe Citric Acid Market by Application (USD Million)
8.2.4 Europe Citric Acid Market by End Use (USD Million)
8.2.5 Europe Citric Acid Market by country (USD Million)
8.3 Asia Pacific
8.3.1 Asia Pacific Citric Acid Market by Form (USD Million)
8.3.2 Asia Pacific Citric Acid Market by Grade (USD Million)
8.3.3 Asia Pacific Citric Acid Market by Application (USD Million)
8.3.4 Asia Pacific Citric Acid Market by End Use (USD Million)
8.3.5 Asia Pacific Citric Acid Market by country (USD Million)
8.4 Rest of the World (RoW)
8.4.1 RoW Citric Acid Market by Form (USD Million)
8.4.2 RoW Citric Acid Market by Grade (USD Million)
8.4.3 RoW Citric Acid Market by Application (USD Million)
8.4.4 RoW Citric Acid Market by End Use (USD Million)

9. Company Profiles
9.1 Archer Daniels Midland Company
9.2 Cargill Inc.
9.3 Tate & Lyle PLC
9.4 HUANGSHI XINGHUA Biochemical Company Ltd.
9.5 RZBC Group Company Ltd.
9.6 Weifang Ensign Industry Company Ltd.
9.7 Gadot Biochemical Industries Ltd.
9.8 Jungbunzlauer Suisse AG, Pfizer Inc.
9.9 Delek Group
9.10 Shandong Juxian Hongde Citric Acid Company Ltd.
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Archer Daniels Midland Company
  • Cargill Inc.
  • Tate & Lyle PLC
  • HUANGSHI XINGHUA Biochemical Company Ltd.
  • RZBC Group Company Ltd.
  • Weifang Ensign Industry Company Ltd.
  • Gadot Biochemical Industries Ltd.
  • Jungbunzlauer Suisse AG
  • Pfizer Inc.
  • Delek Group
  • Shandong Juxian Hongde Citric Acid Company Ltd
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll