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Japan Food Acidulants Market-Growth, Trends, and Forecast (2020-2025)

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  • 90 Pages
  • May 2020
  • Region: Japan
  • Mordor Intelligence
  • ID: 5011987
UP TO OFF until Sep 30th 2023
The Japanese food acidulants market is projected to reach a CAGR of 3.78% during the forecast period, 2020-2025.
  • The main function of acidulants is to stabilize the pH level of food products and preserve the products’ shelf-life. Apart from this, they function as gelling agents, as flavor enhancers in confectionery products, and improve the taste in beverages.
  • Apart from controlling the acidity levels, these ingredients assist in the preservation of food and drinks and act as gelling agents. Acidulants are used to obtain a sharp taste, especially in sauces, jams, and CSDs.

Key Market Trends

Citric Acid holds a Prominent Share

Citric acid is the most prevalent organic acid used in food and beverages. Additionally, it is a natural flavoring agent and preservative used in food preparation, due to its compatibility with most end products. In developing markets, like India, cost plays a vital role in the sales of products. The affordable prices of citric acid allow manufacturers to use it efficiently in the manufacturing of food, beverage, pharmaceuticals, etc. Looking for attractive market opportunities, local manufacturers launched a range of citric acid in various forms, to cater to the rising demand across industries.

Growing Demand for Convenience Food

The demand for convenience food is rising at a faster pace, due to changes in social and economic patterns, as well as an increase in urbanization, buying power, and awareness about health foods, changes in meal patterns, etc. They are becoming extremely popular, especially among working-class people, teenagers, people living in hostels, and bachelors. Convenience, coupled with the increase in health consciousness, could be a major reason for the growth in certain food categories, such as packed fruit juices. Food acidulants serve an essential role in the manufacturing of packaged and convenience food. Additionally, they are widely used to preserve the flavor and maintain the taste and other olfactory properties. Moreover, they help in reducing spoilage from air, bacteria, fungi, and yeast, which in turn, increases the products’ shelf-life.

Competitive Landscape

The Japanese food acidulants market is competitive, with the presence of various regional and global players. The key players are also known for the adoption of effective production standards and higher operational capabilities, particularly in the design and development of specialized grades of acidulants. Some of the players who have been profiled in this market are ADM, Corbion, Cargill, Jungbunzlauer Ag, and Tate & Lyle, among others.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Type
5.1.1 Citric Acid
5.1.2 Phosphoric Acid
5.1.3 Lactic Acid
5.1.4 Other Types
5.2 By Application
5.2.1 Beverages
5.2.2 Dairy and Frozen Products
5.2.3 Bakery
5.2.4 Meat Industry
5.2.5 Confectionery
5.2.6 Other Applications
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 The Archer Daniels Midland Company
6.3.2 Cargill Inc.
6.3.3 Tate & Lyle
6.3.4 Corbion
6.3.5 Jungbunzlauer Ag
6.3.6 Isegen South Africa (Pty) Ltd
6.3.7 Univar Solutions Inc.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • The Archer Daniels Midland Company
  • Cargill Inc.
  • Tate & Lyle
  • Corbion
  • Jungbunzlauer Ag
  • Isegen South Africa (Pty) Ltd
  • Univar Solutions Inc.