The global citric acid regulators market size was valued at $1.80 Billion in 2021 and is projected to reach $3.08 Billion by 2031, registering a CAGR of 5.3% from 2022 to 2031.
Citrus fruits, such as lemons, grapefruit, limes, and others, contain natural citric acid regulators (INS 330 or E330). The fungus Aspergillus Niger and Candida Lipolytic (Y-1095) produce more citric acid than other yeasts available on the market. There are two types of citric acid: anhydrous and monohydrate. The citric acid in the anhydrous or monohydrate form is the most common acidulant used to impart a sour flavor to foods & beverages and acts as a food preservative, pH indicator, antioxidant, and coloring agent.
For the past two to three decades, consumers have been drawn to the market by the accessibility of ready-to-eat and packaged food products such as ready-to-eat meals, meats, dairy products, and others. Packaged products evolve in response to market trends and consumer needs. Consumers today expect the highest quality food and beverage products from manufacturers. Pre-cooked or ready meals are highly convenient, less time-consuming, less expensive, and require less effort to prepare. The benefit has Increased sales of ready meals, especially among working people and students. Citric acid plays an important role in the processing of food & beverage items, and they help improve the quality of products, adds texture, and acts as a preservative. Food manufacturing companies are trying different combinations of citric acids in their foods that would help Increase overall production. Therefore, a rise in sales of packaged food fuels the growth of the citric acid regulators market.
Emerging markets such as Asia-Pacific, Latin America, and Africa are experiencing Increased population, wealth creation, rapid urbanization, and awareness of the benefits of eating foods high in citric acid. Asia and Africa are expected to accommodate more than 75% of the world's population. The majority of nations in these two regions are emerging markets with strong economic growth. Citric acid demand is Increasing due to the Increased penetration of quick-service restaurant chains and fast-food chains, beverage processing companies, and food processing companies. Furthermore, a significant Increase in soft drinks and soda consumption fuels the development of developing regions. The presence of a large population, as well as their consumption habits, drive demand for meat products, soft drinks, and processed foods in developing countries. This is expected to drive citric acid demand among food and beverage manufacturers in developing economies.
Flavoring essence is a key ingredient in the flavoring of soft drinks and sodas. The Increased use of synthetic flavoring essence is stifling the soft drink industry's growth because it has been linked to dental problems in customers as a result of long-term consumption. Synthetic flavoring essences such as citric acid, according to the American Dental Association, affect teeth and cause erosion. Soda consumption over time dissolves the enamel layer and compromises structural integrity. The damage causes hypersensitivity and raises the risk of cavity formation and tooth erosion. Synthetic flavor essence, on the other hand, affects the pH level of the water and tends to keep it lower than the neutral pH level limit. The most significant determinant of a beverage's ability to affect the teeth is its pH. A pH of less than 4 is thought to be detrimental to oral health. Overall, consumers are becoming Increasingly aware of the importance of maintaining good dental health, which prevents them from drinking sweetened sodas containing synthetic flavor essences, compelling beverage companies to look for citric acid alternatives.
The citric acid regulators market is segmented on the basis of form, application, and region. On the basis of form, the market is categorized into anhydrous and monohydrate. On the basis of application, it is divided into food and beverages. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Players operating in the global citric acid regulators market have adopted various developmental strategies to expand their citric acid regulators market share, Increase profitability, and remain competitive in the market. Key players profiled in this report Include Archer Daniels Midland, ATP Group, BASF SE, Cargill Incorporated, CHEMELCO INTERNATIONAL B.V., Citrique N.V., Cofco, E. I. du Pont de Nemours and Company, F.B.C. Industries, Inc., Foodchem International Corporation, Gadot Biochemical Industries Ltd., S.A., Huangshi Xinghua Biochemical Co. Ltd, JUNGBUNZLAUER SUISSE AG, Merck Group KGaA, Kenko Corporation, Koninklijke DSM N.V., TTCA, Co., LTD, RZBC Group Co, Ltd., Tate & Lyle, and Shandong Ensign Industry Co., Ltd.
Citrus fruits, such as lemons, grapefruit, limes, and others, contain natural citric acid regulators (INS 330 or E330). The fungus Aspergillus Niger and Candida Lipolytic (Y-1095) produce more citric acid than other yeasts available on the market. There are two types of citric acid: anhydrous and monohydrate. The citric acid in the anhydrous or monohydrate form is the most common acidulant used to impart a sour flavor to foods & beverages and acts as a food preservative, pH indicator, antioxidant, and coloring agent.
For the past two to three decades, consumers have been drawn to the market by the accessibility of ready-to-eat and packaged food products such as ready-to-eat meals, meats, dairy products, and others. Packaged products evolve in response to market trends and consumer needs. Consumers today expect the highest quality food and beverage products from manufacturers. Pre-cooked or ready meals are highly convenient, less time-consuming, less expensive, and require less effort to prepare. The benefit has Increased sales of ready meals, especially among working people and students. Citric acid plays an important role in the processing of food & beverage items, and they help improve the quality of products, adds texture, and acts as a preservative. Food manufacturing companies are trying different combinations of citric acids in their foods that would help Increase overall production. Therefore, a rise in sales of packaged food fuels the growth of the citric acid regulators market.
Emerging markets such as Asia-Pacific, Latin America, and Africa are experiencing Increased population, wealth creation, rapid urbanization, and awareness of the benefits of eating foods high in citric acid. Asia and Africa are expected to accommodate more than 75% of the world's population. The majority of nations in these two regions are emerging markets with strong economic growth. Citric acid demand is Increasing due to the Increased penetration of quick-service restaurant chains and fast-food chains, beverage processing companies, and food processing companies. Furthermore, a significant Increase in soft drinks and soda consumption fuels the development of developing regions. The presence of a large population, as well as their consumption habits, drive demand for meat products, soft drinks, and processed foods in developing countries. This is expected to drive citric acid demand among food and beverage manufacturers in developing economies.
Flavoring essence is a key ingredient in the flavoring of soft drinks and sodas. The Increased use of synthetic flavoring essence is stifling the soft drink industry's growth because it has been linked to dental problems in customers as a result of long-term consumption. Synthetic flavoring essences such as citric acid, according to the American Dental Association, affect teeth and cause erosion. Soda consumption over time dissolves the enamel layer and compromises structural integrity. The damage causes hypersensitivity and raises the risk of cavity formation and tooth erosion. Synthetic flavor essence, on the other hand, affects the pH level of the water and tends to keep it lower than the neutral pH level limit. The most significant determinant of a beverage's ability to affect the teeth is its pH. A pH of less than 4 is thought to be detrimental to oral health. Overall, consumers are becoming Increasingly aware of the importance of maintaining good dental health, which prevents them from drinking sweetened sodas containing synthetic flavor essences, compelling beverage companies to look for citric acid alternatives.
The citric acid regulators market is segmented on the basis of form, application, and region. On the basis of form, the market is categorized into anhydrous and monohydrate. On the basis of application, it is divided into food and beverages. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Players operating in the global citric acid regulators market have adopted various developmental strategies to expand their citric acid regulators market share, Increase profitability, and remain competitive in the market. Key players profiled in this report Include Archer Daniels Midland, ATP Group, BASF SE, Cargill Incorporated, CHEMELCO INTERNATIONAL B.V., Citrique N.V., Cofco, E. I. du Pont de Nemours and Company, F.B.C. Industries, Inc., Foodchem International Corporation, Gadot Biochemical Industries Ltd., S.A., Huangshi Xinghua Biochemical Co. Ltd, JUNGBUNZLAUER SUISSE AG, Merck Group KGaA, Kenko Corporation, Koninklijke DSM N.V., TTCA, Co., LTD, RZBC Group Co, Ltd., Tate & Lyle, and Shandong Ensign Industry Co., Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the citric acid regulators market analysis from 2021 to 2031 to identify the prevailing citric acid regulators market opportunities.
- The market research is offered along with information related to key drivers, restraints, and 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 citric acid 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.
- 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 citric acid regulators market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Food
- Sub Type
- Sauces and Jams
- Meat Products
- Dairy products
- Ready to eat meals
- Others
- Beverage
- Sub Type
- Soft drink and Sodas
- Juices
- Wines
- Energy and Sports Drinks
By Form
- Monohydrate
- Anhydrous
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest Of LAMEA
Key Market Players
- Citribel NV
- COFCO
- Archer Daniels Midland Company
- ATP GROUP
- E. I. du Pont de Nemours and Company
- F.B.C Industries, Inc.
- Gadot Biochemical Industries Ltd.
- Koninklijke DSM N.V.
- Huangshi Xinghua Biochemical Co, Ltd.
- Jungbunzlauer Suisse AG
- Kenko Corporation
- BASF SE
- Chemelco International B.V.
- Cargill, Incorporated
- Tate & Lyle
- TTCA, Co., LTD
- Shandong Ensign Industry Co.,Ltd.
- Merck Group KGaA
- Foodchem International Corporation
- RZBC GROUP CO., LTD.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CITRIC ACID REGULATORS MARKET, BY FORM
CHAPTER 5: CITRIC ACID REGULATORS MARKET, BY APPLICATION
CHAPTER 6: CITRIC ACID REGULATORS MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Citric Acid Regulators Market,' The citric acid regulators market was valued at $1.8 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.Citrus fruits such as lemons, grapefruit, limes, and others naturally produce citric acid regulators (INS 330 or E330). It is chemically manufactured by the fungi Aspergillus niger and Candida lipolytic (Y-1095), which produce more citric acid than other yeasts. Citric acid is available in two forms: anhydrous and monohydrate. Citric acid, whether anhydrous or monohydrate, is the most popular acidulant used to provide a sour flavor to foods and beverages. It also functions as a preservative, pH indicator, antioxidant, and coloring agent.
For the past two to three decades, customers have been drawn to the market by the availability of ready-to-eat and processed food goods such as ready-to-eat meals, meats, dairy products, and others. Packaged products evolve throughout time in response to market demand and customer needs. Consumers today demand the highest quality food and beverage goods from manufacturers. Pre-cooked or ready meals are incredibly handy, less time-consuming, cost-effective, and need less work to prepare. The benefit has raised the demand for quick meals, especially among working people and students. Citric acid is used in the preparation of food and beverages because it improves product quality, adds texture, and works as a preservative. Food manufacturers are experimenting with different citric acid mixes in order to boost total production. As a result, the rise in packaged food sales promotes the expansion of the citric acid regulators market.
Flavoring essence is a major ingredient that is used in flavoring soft drinks & sodas. Increase in use of synthetic flavoring essence is stifling growth of the soft drink business since it has been related to dental issues in consumers as a result of long-term consumption. According to the American Dental Association, synthetic flavoring essences such as citric acid affect teeth and lead to erosion. Prolonged consumption of soda dissolves the layer of enamel and affects structural integrity. The damage further leads to hypersensitivity, and increases the chances of the formation of cavities, and tooth erosion. On the other hand, synthetic flavor essence affects the pH level of the water and it tends to keep it low than the neutral pH level limit. The pH of a beverage is the most important factor in determining its ability to affect the teeth. A pH of less than 4 is regarded to be harmful to oral health. Overall, consumers are becoming more aware of the importance of maintaining good dental health, which is preventing them from drinking flavored sodas containing synthetic flavor essences and thus forcing beverage companies to look for alternatives for citric acid. This is reducing the citric acid regulators market opportunities for growth
The rise in the prices of raw materials used in the manufacture of citric acid regulators is impeding the market's expansion. Lime, lemons, grapefruit, black mold, and other citrus fruits are the primary raw materials used in citric manufacture. Raw material costs are unpredictable and impacted by a variety of causes such as harsh weather, political instability, pests, and disease. Furthermore, the widening supply-demand mismatch in the fruit market has hastened the price of citrus fruits. The continued irregularity of citric acid production from natural sources has influenced the price, which has risen due to reduced output and greater demand. Price hikes and a scarcity of raw materials for the production of citric acid regulators limit the citric acid regulators market growth and decreases the citric acid regulators market size.
The citric acid regulators market is segmented into form, application, and region. On the basis of form, the market is categorized into anhydrous and monohydrate. On the basis of application, it is divided into food and beverages. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and The rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA).
Players operating in the global citric acid regulators industry have adopted various developmental strategies to expand their citric acid regulators market share, increase profitability, and remain competitive in the market. Key players profiled in this report include Archer Daniels Midland, ATP Group, BASF SE, Cargill Incorporated, CHEMELCO INTERNATIONAL B.V., Citrique N.V., Cofco, E. I. du Pont de Nemours and Company, F.B.C. Industries, Inc., Foodchem International Corporation, Gadot Biochemical Industries Ltd., S.A., Huangshi Xinghua Biochemical Co. Ltd, JUNGBUNZLAUER SUISSE AG, Merck Group KGaA, Kenko Corporation, Koninklijke DSM N.V., TTCA, Co., LTD, RZBC Group Co, Ltd., Tate & Lyle, and Shandong Ensign Industry Co., Ltd.
Key findings of the study
According to citric acid regulators market trends, based on form, the anhydrous segment is projected to witness the highest CAGR of 5.0%, in terms of revenue, during the forecast period.According to citric acid regulators market, based on application, the beverage segment is expected to grow at a significant CAGR during the citric acid regulators market forecast period.
According to citric acid regulators market analysis, based on the country in North America, the U.S. was the largest market for citric acid regulators industry in 2021, in terms of revenue generation.
- Based on region, Europe is anticipated to witness the highest growth rate in the citric acid regulators market, registering a CAGR of 6.9% from 2022 to 2031.
Companies Mentioned
- Citribel NV
- COFCO
- Archer Daniels Midland Company
- ATP GROUP
- E. I. du Pont de Nemours and Company
- F.B.C Industries, Inc.
- Gadot Biochemical Industries Ltd.
- Koninklijke DSM N.V.
- Huangshi Xinghua Biochemical Co, Ltd.
- Jungbunzlauer Suisse AG
- Kenko Corporation
- BASF SE
- Chemelco International B.V.
- Cargill, Incorporated
- Tate & Lyle
- TTCA, Co., LTD
- Shandong Ensign Industry Co.,Ltd.
- Merck Group KGaA
- Foodchem International Corporation
- RZBC GROUP CO., LTD.
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 | 235 |
| Published | May 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1.8 Billion |
| Forecasted Market Value ( USD | $ 3.08 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
