Citric acid (C6H8O7), is a commodity chemical which occurs naturally in citrus fruits such as lemons and oranges. To produce citric acid synthetically, cultures of Aspergillus niger fungus are fed on sucrose or glucose-containing medium. As it is rich in antioxidants, it aids in protecting against diseases and acts as an alkalizing agent for decreasing acidity in the human body. Owing to these benefits, citric acid is used as an acidulant in the food and beverage industry. It is also utilized in the production of soaps and detergents, pharmaceuticals, shampoos and conditioners, cosmetics, lubricants, and animal feed.
North America represents one of the largest markets for citric acid in the world. Citric acid and its derivatives are primarily employed in the food and beverage industry for controlling the growth of microorganisms, providing sourness and tartness, and enhancing flavors. Apart from this, the demand for citric acid in the detergents and cleaning agents has increased owing to the prohibition of phosphate in their manufacturing by governing authorities in different countries of North America. Further, usage of citric acid in the pharmaceutical industry for manufacturing digestive medicines is also expected to spur the demand in the upcoming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the North America citric acid market report, along with forecasts at the regional and country levels from 2023-2028. The report has categorized the market based on application and form.Key Regions Analyzed
- United States
- Canada
- Analysis for Each Country
Market by Application
- Food and Beverages
- Household Detergents and Cleaners
- Pharmaceuticals
- Others
Market by Form
- Anhydrous
- Liquid
Market by Imports and Exports
- Imports
- Exports
Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America citric acid market performed so far and how will it perform in the coming years?
- What are the key regions in the North America citric acid market?
- What has been the impact of COVID-19 on the North America citric acid market?
- What is the breakup of the North America citric acid market on the basis of application?
- What is the breakup of the North America citric acid market on the basis of form?
- What are the various stages in the value chain of the North America citric acid industry?
- What are the key driving factors and challenges in the North America citric acid industry?
- What is the structure of the North America citric acid industry and who are the key players?
- What is the degree of competition in the North America citric acid industry?
- What are the profit margins in the North America citric acid industry?
Table of Contents
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | September 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value in 2022 | 575800 Tons |
Forecasted Market Value by 2028 | 703670 Tons |
Compound Annual Growth Rate | 3.4% |
Regions Covered | North America |