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

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    Report

  • 90 Pages
  • June 2020
  • Region: France
  • Mordor Intelligence
  • ID: 5119103
France Food Acidulants Market is projected to grow at a CAGR of 3.2% during the forecast period (2020 - 2025).
  • The France food acidulants market is driven by increased demand for processed food and beverages market and abundant availability, lower-cost production, and multi-functional attributes are few factors augmenting the growth of the acidulant market.
  • A wide scope of application in the food and beverage industry coupled with the range of functional benefits provided by food acidulants are key factors driving the food acidulants 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 Trend of Specialty Food Ingredients

Specialty acidulants offer various functional properties. They act as antioxidants, curing and pickling agents, flavor enhancers, flavoring agents, leavening agents, pH control agents, sequestrate, and synergists. Acidulants influence the pH, and therefore, influence the environment of the micro-organisms and the effectiveness of preservatives.​ Citric acid is the most used acid in food products due to its compatibility with most end products. In most processed foods, lactic acid is not only used to regulate acidity but also as an antioxidant and a preservative

Increased Utilization 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

France 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 Jungbunzlauer Holding AG, Tate & Lyle PLC, Brenntag AG, and Corbion N.V.

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Table of Contents

1 INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
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 MARKET SEGMENTATION
5.1 By Type
5.1.1 Citric Acid
5.1.2 Acetic Acid
5.1.3 Lactic Acid
5.1.4 Phosphoric Acid
5.1.5 Others
5.2 By Application
5.2.1 Bakery
5.2.2 Confectionery
5.2.3 Beverages
5.2.4 Dairy and Frozen Products
5.2.5 Meat Products
5.2.6 Others
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Merck KGaA
6.3.2 Deca Chimie
6.3.3 Brenntag AG
6.3.4 Corbion N.V.
6.3.5 Tate & Lyle PLC
6.3.6 Suntran Industrial Group Ltd
6.3.7 Jungbunzlauer Holding AG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Merck KGaA
  • Deca Chimie
  • Brenntag AG
  • Corbion N.V.
  • Tate & Lyle PLC
  • Suntran Industrial Group Ltd
  • Jungbunzlauer Holding AG

Methodology

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