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

Mexico Food Acidulants Market is projected to grow at a CAGR of 4.7% during the forecast period (2020-2025).

• The Mexico food acidulants market is driven by the growing processed food and beverage 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 enabled food products to seem to drive the market.
• The key potential this industry sees is in the form of manufacturers adopting technologies to improve their production processes to meet the capacity requirements.

Key Market Trends

Rising Demand for Citric Acid

The functional superiority of citric acid in shelf-life enhancement, pH buffering, and in providing flavor and tartness is higher than that of phosphoric, tartaric, and lactic acids to name a few. The robust demands for ready-to-drink (RTD) healthy beverages and soft drinks are facilitating the usage of citric acid. Citric acid is widely used to impart a pleasant, tart flavor to foods and beverages. It also acts as a pH adjuster in the manufacture of gelatin desserts, jellies, jams, etc. It acts as flavor enhancers for fruits, berries, and other ingredients used in the manufacture of foods and candies. Moreover, citric acid is used to add an acidic (sour) taste to foods and soft drinks, and as a firming compound in products.

Increased Application in Confectionery Segment

The development in the confectionery industry dedicated to health-oriented consumers with the development of low-calorie, organic products are gaining a large number of consumer base supplementing the growth of additives market including food acidulants.​ In addition, the booming demand for premium chocolates among work professionals and burgeoning millennials have significantly increased chocolate consumption. Sour confectionery is one of the fastest-growing sub-segments of the confectionery market and the sourness is provided by the acidulants such as malic and fumaric acid which offers functional properties and are inexpensive. They also function as a flavor compliment to some sweetness profiles.

Competitive Landscape

Mexico food acidulants market is consolidated with major players holding the maximum share in the market. The key players have intensely embarked on industry consolidation, by leveraging their distribution network, entering into partnerships with local distributors in the emerging sectors and developing new products with customization. The prominent players in the market are Archer Daniels Midland Company, Tate & Lyle PLC, Brenntag AG, and Corbion N.V.

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