United Kingdom Food Acidulants Market - Growth, Trends and Forecasts (2020 - 2025)

United Kingdom food acidulants market is projected to grow at a CAGR of 4.07% during the forecast period.

• The United Kingdom food acidulants market is driven by growing processed food and beverages market and their consumption by the burgeoning middle-class population. Other factors like supply chain complexities like lack of cold storage chains and consumer demand for nutrition enabled food products seem to drive the market. The market finds restrains in the form of huge competition in pricing due large number of suppliers in the market.
• Chinese players, especially in citric acid, poses a high threat for Western players. Hence, Regulatory checks on imports to create perfect competition like environment is still in the nascent stages in several countries. 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

Phosphoric Acid Promises Growth in Future

According to the Office for National Statistics (United Kingdom), the import value of phosphoric acid and polyphosphoric acids from non-European countries increased from 28.20 million in 2015 to 33.7 million in 2017. These acids have their applications in the different end-user industries, including the food and beverage and pharmaceutical industries.

The pharmaceutical industry is one of the major end-users of phosphoric acid in the country, with the number of oral care products manufacturing incorporating phosphoric acid in their products. For instance, Tom's of Maine Inc. offers a mouth wash that consists of phosphoric acid in conjunction with sodium or disodium phosphate, which, in turn, helps in prevent enamel dissolution.

Confectionery Remains Fastest Growing Application

The segment is primarily driven by the growing demand for chocolate and sugar confectionery in the country. Mostly catering to kids and younger age-group, the market covers a wide range of assortments, candies, and lollipops available in different flavors in the market. Witnessing robust demand for the product in the country, global food companies are focusing to expand their product lines dedicated to confectionery or existing players are emphasizing the industry, in order to supplement segment sales. For instance, in 2017, Mondelez UK invested USD 93 million in Cadbury production in the country. Thus, increased interest of consumers, as well as manufacturers, is anticipated to boost the demand of associated ingredients, including acidulants, specifically phosphoric acid in the country.

Competitive Landscape

United Kingdom food acidulants are highly fragmented owing to the unorganized ingredient sector in the country. The market has a strong presence of players, especially from the Asia-Pacific region, with China holding prominent shares. Companies are actively expanding their product bases and are increasing production capacities to meet the demand for applications that are emerging from various sectors.

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