Global Food Acidulants Market Size, Share & Trends Analysis Report By Type (Acetic Acid, Citric Acid, Lactic Acid, Malic Acid, Phosphoric Acid, and Others) and by Applications (Dairy & Frozen Products, Bakery & Confectionery, Beverages, Meat Products, and Others) Forecast, 2020-2026
The global food acidulants market is projected to grow at a modest CAGR during the forecast period (2020-2026). The major factors that drive the growth of the market include the rapid evolution of the food & beverages industry across the globe. Convenience foods have skyrocketed on the store shelves in the last few years, earning themselves a regular place on the shopping lists of many consumers. This has further enhanced convenience food adoption, and thereby, enhanced the growth of the market over the forecast period. Further, properties possessed by acidulants such as increased shelf life, enhanced taste, and food preservative are also likely to increase its adoption and hence drive the growth of the market over the forecast period.
The global food acidulants market is segmented on the basis of type and application. Based on the type, the market is segmented into acetic acid, citric acid, lactic acid, malic acid, phosphoric acid, and others. The citric acid segment is likely to hold a substantial share in the market. Based on the applications, the market is segmented into dairy & frozen products, bakery & confectionery, beverages, meat products, and others. The beverages segment is likely to hold a substantial share in the market.
Further, the global food acidulants market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to exhibit significant growth during the forecast period. Moreover, some of the prominent players operating in the global food acidulants market include Archer Daniels Midland Co., Cargill Inc., Corbion NV, Hawkins Watts Ltd., Bartek Ingredients, and Tate & Lyle Plc. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment.
Research Methodology
The market study of the global food acidulants market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for food acidulants manufacturing companies, food & beverage companies, food ingredient manufacturers, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global Food Acidulants Market Research and Analysis by Type
- Global Food Acidulants Market Research and Analysis by Application
The Report Covers:
- Comprehensive Research Methodology of the global food acidulants market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global food acidulants market.
- Insights about market determinants that are stimulating the global food acidulants market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. BASF SE
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Archer Daniels Midland Co.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Cargill Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Tate & Lyle Plc
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Food Acidulants Market by Type
5.1.1. Acetic Acid
5.1.2. Citric Acid
5.1.3. Lactic Acid
5.1.4. Malic Acid
5.1.5. Phosphoric Acid
5.1.6. Others
5.2. Global Food Acidulants Market by Applications
5.2.1. Dairy & Frozen products
5.2.2. Bakery&Confectionery
5.2.3. Beverages
5.2.4. Meat Products
5.2.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Archer Daniels Midland Co.
7.2. Batory Foods, Inc.
7.3. Brenntag SE
7.4. Cargill Inc.
7.5. Corbion NV
7.6. FBC Industries, Inc.
7.7. Foodchem Group
7.8. Fuerst Day Lawson Ltd.
7.9. Global Specialty Ingredients (M) Sdn Bhd.
7.10. Hawkins Watts Ltd.
7.11. Industrial TecnicaPecuaria SA
7.12. JUNGBUNZLAUER SUISSE AG
7.13. Kemin Industries Inc.
7.14. Prinova Group LLC
7.15. RP International Ltd.
7.16. SuntranIndustrial Group Ltd.
7.17. Tate& Lyle Plc
7.18. Univar Solutions Inc.
7.19. Yara International ASAList of Tables
1. Global Food Acidulants Market Research and Analysis by Type, 2019-2026 ($ Million)
2. Global Acetic Acid Market Research and Analysis by Region, 2019-2026 ($ Million)
3. Global Citric Acid Market Research and Analysis by Region, 2019-2026 ($ Million)
4. Global Lactic Acid Market Research and Analysis by Region, 2019-2026 ($ Million)
5. Global Malic Acid Market Research and Analysis by Region, 2019-2026 ($ Million)
6. Global Phosphoric Acid Market Research and Analysis by Region, 2019-2026 ($ Million)
7. Global Otherfood Acidulantsmarket Research and Analysis by Region, 2019-2026 ($ Million)
8. Global Food Acidulants Market Research and Analysis by Applications, 2019-2026 ($ Million)
9. Global Dairy & Frozen Products Market Research and Analysis by Region, 2019-2026 ($ Million)
10. Global Bakery & Confectionery Market Research and Analysis by Region, 2019-2026 ($ Million)
11. Global Beverages Market Research and Analysis by Region, 2019-2026 ($ Million)
12. Global Meat Products Market Research and Analysis by Region, 2019-2026 ($ Million)
13. Global Other Applications Market Research and Analysis by Region, 2019-2026 ($ Million)
14. Global Food Acidulants Market Research and Analysis by Geography, 2019-2026 ($ Million)
15. North American Food Acidulants Market Research and Analysis by Country, 2019-2026 ($ Million)
16. North American Food Acidulants Market Research and Analysis by Type, 2019-2026 ($ Million)
17. North American Food Acidulants Market Research and Analysis by Applications, 2019-2026 ($ Million)
18. European Food Acidulants Market Research and Analysis by Country, 2019-2026 ($ Million)
19. European Food Acidulants Market Research and Analysis by Type, 2019-2026 ($ Million)
20. European Food Acidulants Market Research and Analysis by Applications, 2019-2026 ($ Million)
21. Asia-Pacific Food Acidulants Market Research and Analysis by Country, 2019-2026 ($ Million)
22. Asia-Pacific Food Acidulants Market Research and Analysis by Type, 2019-2026 ($ Million)
23. Asia-Pacific Food Acidulants Market Research and Analysis by Applications, 2019-2026 ($ Million)
24. Rest of the World Food Acidulants Market Research and Analysis by Type, 2019-2026 ($ Million)
25. Rest of the World Food Acidulants Market Research and Analysis by Applications, 2019-2026 ($ Million)List of Figures
1. Global Food Acidulants Market Share by Type, 2019 Vs 2026 (%)
2. Global Food Acidulants Market Share by Applications, 2019 Vs 2026 (%)
3. Global Food Acidulants Market Share by Geography, 2019 Vs 2026 (%)
4. Us Food Acidulants Market Size, 2019-2026 ($ Million)
5. Canada Food Acidulants Market Size, 2019-2026 ($ Million)
6. UK Food Acidulants Market Size, 2019-2026 ($ Million)
7. France Food Acidulants Market Size, 2019-2026 ($ Million)
8. Germany Food Acidulants Market Size, 2019-2026 ($ Million)
9. Italy Food Acidulants Market Size, 2019-2026 ($ Million)
10. Spain Food Acidulants Market Size, 2019-2026 ($ Million)
11. Roe Food Acidulants Market Size, 2019-2026 ($ Million)
12. India Food Acidulants Market Size, 2019-2026 ($ Million)
13. China Food Acidulants Market Size, 2019-2026 ($ Million)
14. Japan Food Acidulants Market Size, 2019-2026 ($ Million)
15. Asean Food Acidulants Market Size, 2019-2026 ($ Million)
16. Rest of Asia-Pacific Food Acidulants Market Size, 2019-2026 ($ Million)
17. Rest of the World Food Acidulants Market Size, 2019-2026 ($ Million)
Companies Mentioned
A selection of companies mentioned in this report includes:
- Archer Daniels Midland Co.
- Batory Foods, Inc.
- Brenntag SE
- Cargill Inc.
- Corbion NV
- FBC Industries, Inc.
- Foodchem Group
- Fuerst Day Lawson Ltd.
- Global Specialty Ingredients (M) Sdn Bhd.
- Hawkins Watts Ltd.
- Industrial TecnicaPecuaria SA
- JUNGBUNZLAUER SUISSE AG
- Kemin Industries Inc.
- Prinova Group LLC
- RP International Ltd.
- SuntranIndustrial Group Ltd.
- Tate& Lyle Plc
- Univar Solutions Inc.
- Yara International ASA