The global acidity regulators market was valued at $5,871.3 million in 2020, and is projected to reach $10,899.6 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031. Acidity regulators are vital ingredients used in various food & beverages as food additives to maintain acidity or alkalinity of the food. Acidity regulators are organic acids or mineral acids, bases, neutralizing agents, and buffering agents. There are various acidity regulators available such as citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid with each ingredient having distinct properties and application. Acidity regulators further used as food preservative ingredients, which prevent food from microbial growth and hence increase the shelf life of various packaged food products such as cheese and meat. For instance, citric acid is used in various types of food products such as soft drinks, which break the cell membrane and break down the DNA protein, thus resisting the reproduction of microorganisms.
Acidity regulators are used as flavoring agents to give flavor to food products and to improve or enhance the taste. Acidity regulators are used in processed food, beverages, dairy products, bakery products, meat, and sea food.
Processed food such as pickles, juices, sauces, frozen vegetables and fruits, canned food, sun dried products, and dehydrated food have a deliberate change than their natural form before that are available to eat.
Beverages include alcoholic drinks (wine and bear) and nonalcoholic drinks such as juices, cold drink, carbonated drinks, and flavored drinks except water. These food products contain high amount of acidity regulators to modify the taste, increase the shelf life, and to prevent from the microbial growth.
Sauces, condiments, and dressings contain high amount of acidity regulators to modify the taste or to enhance the taste, to maintain acidity and basicity, and inhibit microbial growth in the food products.
Bakery products are floor-based, which are baked in the oven. Bakery products include bread, muffins, pizza, brownies, cakes, pastries, and snacks. They exhibit a prolonged shelf life due to acidity regulators.
Dairy products are made from milk, which contains high amount of calcium, proteins, and fat.
Dairy products have high risk of microbial attack due to presence of glucose or sucrose, which gives proper nutrients to microorganisms, so there is use of acidity regulators to increase the shelf life. Meat includes the flesh of chicken, pig, cow, and camel. Sea food includes the flesh of sea animals or whole sea animal like catfish, cod fish, and octopus.
Meat and sea food have small shelf life, as they have better environment and nutrient for the growth of microorganisms. Thus, acidity regulators play an important role to control the taste, acidity, and alkalinity and growth of microorganisms. Acidity regulators are used on a large scale in food industry.
The global acidity regulators market is segmented on the basis of product type, application, and region. Depending on product type, the market is classified into citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. On the basis of application, it is segregated into beverages; sauces, condiments, and dressings; processed food; bakery; and confectionery. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. Key players profiled in the report Archer Daniels Midland Company, Jungbunzlauer India Pvt. Ltd., Bertek Ingredient Incorporation, ATP group, Celrich Products Pvt. Ltd., Chemelco International B.V., F.B.C Industries Inc., and Fuerst Day Lawson Ltd.
Other players in the value chain include Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., and Innophos Holding Inc.
Acidity regulators are used as flavoring agents to give flavor to food products and to improve or enhance the taste. Acidity regulators are used in processed food, beverages, dairy products, bakery products, meat, and sea food.
Processed food such as pickles, juices, sauces, frozen vegetables and fruits, canned food, sun dried products, and dehydrated food have a deliberate change than their natural form before that are available to eat.
Beverages include alcoholic drinks (wine and bear) and nonalcoholic drinks such as juices, cold drink, carbonated drinks, and flavored drinks except water. These food products contain high amount of acidity regulators to modify the taste, increase the shelf life, and to prevent from the microbial growth.
Sauces, condiments, and dressings contain high amount of acidity regulators to modify the taste or to enhance the taste, to maintain acidity and basicity, and inhibit microbial growth in the food products.
Bakery products are floor-based, which are baked in the oven. Bakery products include bread, muffins, pizza, brownies, cakes, pastries, and snacks. They exhibit a prolonged shelf life due to acidity regulators.
Dairy products are made from milk, which contains high amount of calcium, proteins, and fat.
Dairy products have high risk of microbial attack due to presence of glucose or sucrose, which gives proper nutrients to microorganisms, so there is use of acidity regulators to increase the shelf life. Meat includes the flesh of chicken, pig, cow, and camel. Sea food includes the flesh of sea animals or whole sea animal like catfish, cod fish, and octopus.
Meat and sea food have small shelf life, as they have better environment and nutrient for the growth of microorganisms. Thus, acidity regulators play an important role to control the taste, acidity, and alkalinity and growth of microorganisms. Acidity regulators are used on a large scale in food industry.
The global acidity regulators market is segmented on the basis of product type, application, and region. Depending on product type, the market is classified into citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. On the basis of application, it is segregated into beverages; sauces, condiments, and dressings; processed food; bakery; and confectionery. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. Key players profiled in the report Archer Daniels Midland Company, Jungbunzlauer India Pvt. Ltd., Bertek Ingredient Incorporation, ATP group, Celrich Products Pvt. Ltd., Chemelco International B.V., F.B.C Industries Inc., and Fuerst Day Lawson Ltd.
Other players in the value chain include Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., and Innophos Holding Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the acidity regulators market analysis from 2020 to 2031 to identify the prevailing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and acidity regulators market opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the acidity regulators market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global acidity regulators market trends, key players, market segments, application areas, and acidity regulators market growth strategies.
Key Market Segments
By Product type
- Citric Acid
- Phosphoric Acid
- Acetic Acid
- Maleic Acid
- Lactic Acid
By Application
- Beverages
- Sauces, Condiments, And Dressings
- Confectionery
- Processed Food
- Bakery
By Region
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Spain
- Italy
- Rest of Europe
Key Market Players
- ATP group
- Celrich Products Pvt. Ltd.
- Chemelco International B.V.
- F.B.C Industries Inc.
- Fuerst Day Lawson Ltd
- Cargill Incorporated
- Kerry Group
- Archer Daniels Midland Company
- Jungbunzlauer India Pvt. Ltd.
- Bertek Ingredient Incorporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ACIDITY REGULATORS MARKET, BY PRODUCT TYPE
CHAPTER 5: ACIDITY REGULATORS MARKET, BY APPLICATION
CHAPTER 6: ACIDITY REGULATORS MARKET, BY REGION
CHAPTER 7: COMPANY LANDSCAPE
CHAPTER 8: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'Acidity Regulators Market by Product Type, and Application: Global Opportunity Analysis and Industry Forecast, 2022-2031,” the acidity regulators market size was valued at $5,871.30 million in 2020, and is estimated to reach $10,899.60 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031.Acidity regulators are antioxidants agents, which are being used in various food items such as pickles, potato chips, fried snacks, and many other oil-based and fat containing food products. Increase in consumption of food items containing antioxidants is attributed to growth of the acidity regulators market in upcoming years.
Acidity regulators enhance and contribute flavors in food products. Flavoring agents are used in small amount as food additives or to enhance the flavors. Flavoring agents are used in food products, which do not have the desired flavor. Flavoring agents are used in natural form and processed form in food products for human consumption which further augments the acidity regulators market growth.
Acidity regulators are used to modify or enhance the taste of food products. Flavors are used in dairy products, beverages, and processed food. Flavors cause sensation of taste in the food products. For instance, about 50% of the citric acid is used as a flavoring agent in several beverages such as tea, soft drink, carbonated drinks, and desserts to enhance the refreshing flavor which is also the key acidity regulators market trends.
Moreover, due to the outbreak of the COVID-19 pandemic, manufacturers have seen drop in there sales. However, implementation of lockdown and curfew practices globally have affected the domestic as well as international production of acidity regulators products, which, in turn, hampers the growth of the overall market. Thus, the outbreak of COVID-19 negatively impacted the acidity regulators market in 2020, as sales of companies reduced and operations were halted.
The global acidity regulators market is segmented on the basis of product type, application, and region. Depending on product, the market is classified into citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. On the basis of application, it is segregated into beverages; sauces, condiments, and dressings; processed food; bakery; and confectionery. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key findings of the Study
- By product type, the Acidity Regulators Market Analysis includes citric acid, phosphoric acid, acetic acid, maleic acid and lactic acid. The citric acid segment dominated the global market in 2020, and is expected to retain its dominance throughout the forecast period.
- On the basis of application, the beverages segment held the dominant share in 2020, and is expected to register the highest CAGR.
- Region wise, Asia-Pacific accounted for highest acidity regulators market share in 2020, and is expected to grow at a significant CAGR during the forecast period.
- Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. Key players profiled in the acidity regulators industry Archer Daniels Midland Company, Jungbunzlauer India Pvt. Ltd., Bertek Ingredient Incorporation, ATP group, Celrich Products Pvt. Ltd., Chemelco International B.V., F.B.C Industries Inc., and Fuerst Day Lawson Ltd.
- Other players in the value chain include Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., and Innophos Holding Inc.
Companies Mentioned
- ATP group
- Celrich Products Pvt. Ltd.
- Chemelco International B.V.
- F.B.C Industries Inc.
- Fuerst Day Lawson Ltd
- Cargill Incorporated
- Kerry Group
- Archer Daniels Midland Company
- Jungbunzlauer India Pvt. Ltd.
- Bertek Ingredient Incorporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 225 |
| Published | March 2022 |
| Forecast Period | 2020 - 2031 |
| Estimated Market Value ( USD | $ 5871.3 million |
| Forecasted Market Value ( USD | $ 10899.6 million |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
