Citric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

  • ID: 4514586
  • Report
  • Region: Global
  • 87 pages
  • IMARC Group
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Citric acid is a weak organic acid naturally found in citrus fruits. It is one of the most important organic acids produced by fermentation. As citric acid is a natural preservative, good acidulant and provides pH adjustment, it is used in a wide array of applications ranging from food to non-food industries, such as beverages, confectioneries, convenience foods, dairy, pharmaceuticals, personal care & cosmetics, detergents & cleansers, feed, etc. Metal finishing and cleaning is the largest industrial use for citric acid, followed by plasticizers, lubricants, chelating agents and animal feeds. The growth of food additives in the processed food industry, consumers’ inclination towards food safety and the rising applications in pharmaceuticals and personal care sector is currently driving the growth of the citric acid market globally.

This latest study “Citric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides a comprehensive analysis for setting up a citric acid manufacturing plant. The study covers all the requisite aspects of the citric acid market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists and all those who are planning to foray into the citric acid market in any manner.

The report has segmented the market on the basis of various applications: food and beverages, household detergents and cleaners, pharmaceuticals and others. Currently, the food and beverage sector represents the largest end-use market for citric acid. On the basis of region, China represents the largest producer of citric acid globally. China is followed by the USA and Europe. However, the growth of beverages in the USA and Western Europe has moderated due to saturation of the carbonated soft drinks market. On the consumption side, China, Africa, the Middle East, and Other Asia are expected to exhibit above-average growth rates in demand.

Key Questions Answered in This Report:

How has the citric acid market performed so far and how will it perform in the coming years?
What are the key regional markets in the global citric acid industry?
What are the key application areas in the global citric acid industry?
What are the various stages in the value chain of the citric acid industry?
What are the key driving factors and challenges in the global citric acid industry?
What is the structure of the citric acid industry and who are the key players?
What is the degree of competition in the citric acid industry?
What are the profit margins in the citric acid industry?
What are the key requirements for setting up a citric acid manufacturing plant?
How are citric acid manufactured?
What are the various unit operations involved in citric acid plant?
What is the total size of land required for setting up a citric acid plant?
What are the machinery requirements for setting up a citric acid plant?
What are the raw material requirements for setting up a citric acid plant?
What are the packaging requirements for citric acid?
What are the transportation requirements for citric acid?
What are the utility requirements for setting up a citric acid plant?
What are the manpower requirements for setting up a citric acid plant?
What are the infrastructure costs for setting up a citric acid plant?
What are the capital costs for setting up a citric acid plant?
What are the operating costs for setting up a citric acid plant?
What will be the income and expenditures for a citric acid plant?
What is the time required to break-even?
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1 Preface

2 Research Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Citric Acid Industry
5.1 Market Overview
5.2 Market Performance
5.3 Markey Breakup by Region
5.4 Market Breakup by Application
5.5 Market Breakup by Form
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Strengths
5.7.2 Weaknesses
5.7.3 Opportunities
5.7.4 Threats
5.8 Value Chain Analysis
5.9 Porter’s Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Key Market Drivers and Success Factors
5.11 Trade Data

6 Performance of Key Regions
6.1 Western Europe
6.2 United States
6.3 China
6.4 Middle East and Africa
6.5 Central/Eastern Europe
6.6 Brazil
6.7 India

7 Market by Applications
7.1 Food and Beverages
7.2 Household Detergents and Cleaners
7.3 Pharmaceuticals
7.4 Others

8 Market by Form
8.1 Anhydrous
8.2 Liquid

9 Competitive Landscape
9.1 Competitive Structure
9.2 Production Capacity of Key Manufacturers

10 Citric Acid Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments

12 Loans and Financial Assistance

13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis

14 Key Player Profiles
14.1 Archer Daniels Midland Company
14.2 Cargill, Incorporated
14.3 Tate & Lyle PLC
14.4 Jungbunzlauer Suisse AG
14.5 Cofco Biochemical (Anhui) Co., Ltd.
14.6 Huangshi Xinghua Biochemical Co.Ltd
14.7 RZBC Group Co. Ltd.
14.8 Weifang Ensign Industry Co., Ltd.
14.9 Gadot Biochemical Industries Ltd.
14.10 S.A. Citrique Belge N.V.

List of Tables
Table 1: Global: Citric Acid Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Citric Acid Market Forecast: Breakup by Region, 2018-2023
Table 3: Global: Citric Acid Market Forecast: Breakup by Application, 2018-2023
Table 4: Citric Acid Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 5: Citric Acid Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 6: Citric Acid Manufacturing Plant: Costs Related to Machinery (in US$)
Table 7: Citric Acid Manufacturing Plant: Raw Material Requirements
Table 8: Citric Acid Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 9: Citric Acid Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 10: Details of Financial Assistance Offered by Financial Institutions
Table 11: Citric Acid Manufacturing Plant: Capital Costs (in US$)
Table 12: Citric Acid Manufacturing Plant: Techno-Economic Parameters
Table 13: Citric Acid Manufacturing Plant: Taxation and Depreciation
Table 14: Citric Acid Manufacturing Plant: Income Projections (in US$)
Table 15: Citric Acid Manufacturing Plant: Expenditure Projections (in US$)
Table 16: Citric Acid Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 17: Citric Acid Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 18: Citric Acid Manufacturing Plant: Profit and Loss Account

List of Figures
Figure 1: Global: Citric Acid Industry Overview
Figure 2: Global: Citric Acid Market: Production Volume Trends (in Million Tons), 2010 - 2017
Figure 3: Global: Citric Acid Market: Production Breakup by Region (in %), 2017
Figure 4: Global: Citric Acid Market: Consumption Breakup by Region (in %), 2017
Figure 5: Global: Citric Acid Market: Breakup by Application (in %), 2017
Figure 6: Global: Citric Acid Market Forecast: Production Volume Trends (in Million Tons), 2018 - 2023
Figure 7: Global: Citric Acid Industry: SWOT Analysis
Figure 8: Global: Citric Acid Industry: Value Chain Analysis
Figure 9: Global: Citric Acid Industry: Porter’s Five Forces Analysis
Figure 10: Western Europe: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 11: United States: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 12: China: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 13: Middle East and Africa: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 14: Central/Eastern Europe: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 15: Brazil: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 16: India: Citric Acid Market (in Million Tons), 2010, 2017 & 2023
Figure 17: Global Citric Acid Market: Food and Beverages Market (in Million US$), 2010, 2017 & 2023
Figure 18: Global Citric Acid Market: Household Detergents and Cleaners Market (in Million US$), 2010, 2017 & 2023
Figure 19: Global Citric Acid Market: Pharmaceuticals Market (in Million US$), 2010, 2017 & 2023
Figure 20: Global Citric Acid Market: Other Applications (in Million US$), 2010, 2017 & 2023
Figure 21: Citric Acid Manufacturing Plant: Detailed Process Flow
Figure 22: Citric Acid Manufacturing Process: Conversion Rate of Products
Figure 23: Citric Acid Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 24: Citric Acid Industry: Profit Margins at Various Levels of the Supply Chain
Figure 25: Citric Acid Production: Manufacturing Cost Breakup (in %)
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