Citric Acid - Global Market Outlook (2017-2026)

Citric Acid - Global Market Outlook (2017-2026)

  • Published: March 2019
  • ID: SMRC18124

According to Stratistics MRC, the Global Citric Acid Market is accounted for $2.98 billion in 2017 and is expected to reach $5.56billion by 2026 growing at a CAGR of 7.2% during the forecast period.Some of the key factors impelling the market growth include increasing demand for the product to preserve food and growing demand for carbonated soft drinks. However, high competition for raw materials is restricting the market growth.

Citric acid is a weak pure acid that occurs naturally in citrus fruits. It is shaped commercially through the fermentation procedure and appears as a white, odourless, and crystalline residue at room temperature. It is extensively used in the food and beverage industry. Citric acid also finds submission in many different industries and products.

Based on End User, the food product segment is anticipated to witness the highest growth during the forecast period due to the growing urban residents and changing consumer trends are causal in a large way to the demand. By Geography, the Asia Pacific region is expected to grow at the largest market share during the forecast period, due to increasing demand of bubbly drinks in the region will further maintain the product penetration.

Some of the key players profiled in the Citric Acid Market includeArcher Daniels Midland Company, Cargil Corporation, Tate & Lyle PLC, Pfizer Inc., Delek Group, HuangshiXinghua, Biochemical Co., Ltd, Merck KGaA, Metagenics, Kenko Corporation, S.A. CitriqueBelge N.V., Jungbunzlauer Suisse AG and Weifang Ensign Industry Co., Ltd.

Forms Covered:
• Liquid
• Powder

Production Techniques Covered:
• Surface Fermentation
• Solid-State Fermentation
• Submerged Fermentation

Grades Covered:
• Industrial Grade
• Pharmaceutical Grade
• Food Grade

Functions Covered:
• Acidulant
• Chelating Agent
• Binding Agent
• Preservative
• Stabilizer
• Antioxidant
• Buffering Agent
• Emulsifying Agent
• Flavoring Agent
• Sequestrant

End Users Covered:
• Pharmaceuticals
• Biotechnology
• Health care
• Agriculture
• Printing
• Household Detergents and Cleaners
• Industrial
• Dairy Products
• Cosmetics & Personal Care
• Textile
• Food Products
• Reagents
• Animal Feed

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
• Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 End User Analysis       
 3.7 Emerging Markets       
 3.8 Futuristic Market Scenario      
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Citric Acid Market, By Form      
 5.1 Introduction       
 5.2 Liquid        
 5.3 Powder        
  5.3.1 Monohydrate Citric acid     
  5.3.2 Anhydrous Citric Acid     
  5.3.3 Dihydrate      
  5.3.4 Other Powder Forms     
          
6 Global Citric Acid Market, By Production Techniques    
 6.1 Introduction       
 6.2 Surface Fermentation      
 6.3 Solid-State Fermentation      
 6.4 Submerged Fermentation      
          
7 Global Citric Acid Market, By Grade      
 7.1 Introduction       
 7.2 Industrial Grade       
 7.3 Pharmaceutical Grade      
 7.4 Food Grade       
          
8 Global Citric Acid Market, By Function      
 8.1 Introduction       
 8.2 Acidulant        
 8.3 Chelating Agent       
 8.4 Binding Agent        
 8.5 Preservative       
 8.6 Stabilizer        
 8.7 Antioxidant       
 8.8 Buffering Agent       
 8.9 Emulsifying Agent       
 8.10 Flavoring Agent       
 8.11 Sequestrant       
          
9 Global Citric Acid Market, By End User      
 9.1 Introduction       
 9.2 Pharmaceuticals       
 9.3 Biotechnology       
 9.4 Health care       
 9.5 Agriculture       
 9.6 Printing        
 9.7 Household Detergents and Cleaners     
 9.8 Industrial        
  9.8.1 Metal Industry      
 9.9 Dairy Products       
 9.10 Cosmetics & Personal Care      
 9.11 Textile        
 9.12 Food Products       
  9.12.1 Confectioneries      
  9.12.2 Beverages       
  9.12.3 Convenience food products     
   9.12.3.1 Soups and Sauces     
   9.12.3.2 Creams, Fats and Fillings    
   9.12.3.3 Oils      
   9.12.3.4 Wines and carbonated drinks    
   9.12.3.5 Juices      
   9.12.3.6 Mayonnaise     
   9.12.3.7 Canned Foods     
 9.13 Reagents        
 9.14 Animal Feed       
          
10 Global Citric Acid Market, By Geography      
 10.1 Introduction       
 10.2 North America       
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe      
 10.4 Asia Pacific       
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand      
  10.4.6 South Korea      
  10.4.7 Rest of Asia Pacific       
 10.5 South America       
  10.5.1 Argentina      
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America     
 10.6 Middle East & Africa      
  10.6.1 Saudi Arabia      
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa      
  10.6.5 Rest of Middle East & Africa     
          
11 Key Developments        
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 11.2 Acquisitions & Mergers      
 11.3 New Product Launch      
 11.4 Expansions       
 11.5 Other Key Strategies      
          
12 Company Profiling        
 12.1 Archer Daniels Midland Company     
 12.2 Cargil Corporation       
 12.3 Tate & Lyle PLC       
 12.4 Pfizer Inc.       
 12.5 Delek Group       
 12.6 Huangshi Xinghua Biochemical Co., Ltd     
 12.7 Merck KGaA       
 12.8 Metagenics       
 12.9 Kenko Corporation       
 12.10 S.A. Citrique Belge N.V.      
 12.11 Jungbunzlauer Suisse AG      
 12.12 Weifang Ensign Industry Co., Ltd     


List of Tables         
1 Global Citric Acid Market Outlook, By Region (2016-2026) ($MN)   
2 Global Citric Acid Market Outlook, By Form (2016-2026) ($MN)    
3 Global Citric Acid Market Outlook, By Liquid (2016-2026) ($MN)   
4 Global Citric Acid Market Outlook, By Powder (2016-2026) ($MN)   
5 Global Citric Acid Market Outlook, By Monohydrate Citric acid (2016-2026) ($MN)  
6 Global Citric Acid Market Outlook, By Anhydrous Citric Acid (2016-2026) ($MN)  
7 Global Citric Acid Market Outlook, By Dihydrate (2016-2026) ($MN)   
8 Global Citric Acid Market Outlook, By Other Powder Forms (2016-2026) ($MN)  
9 Global Citric Acid Market Outlook, By Production Techniques (2016-2026) ($MN)  
10 Global Citric Acid Market Outlook, By Surface Fermentation (2016-2026) ($MN)  
11 Global Citric Acid Market Outlook, By Solid-State Fermentation (2016-2026) ($MN)  
12 Global Citric Acid Market Outlook, By Submerged Fermentation (2016-2026) ($MN)  
13 Global Citric Acid Market Outlook, By Grade (2016-2026) ($MN)   
14 Global Citric Acid Market Outlook, By Industrial Grade (2016-2026) ($MN)  
15 Global Citric Acid Market Outlook, By Pharmaceutical Grade (2016-2026) ($MN)  
16 Global Citric Acid Market Outlook, By Food Grade (2016-2026) ($MN)   
17 Global Citric Acid Market Outlook, By Function (2016-2026) ($MN)   
18 Global Citric Acid Market Outlook, By Acidulant (2016-2026) ($MN)   
19 Global Citric Acid Market Outlook, By Chelating Agent (2016-2026) ($MN)  
20 Global Citric Acid Market Outlook, By Binding Agent  (2016-2026) ($MN)   
21 Global Citric Acid Market Outlook, By Preservative (2016-2026) ($MN)   
22 Global Citric Acid Market Outlook, By Stabilizer (2016-2026) ($MN)   
23 Global Citric Acid Market Outlook, By Antioxidant (2016-2026) ($MN)    
24 Global Citric Acid Market Outlook, By Buffering Agent (2016-2026) ($MN)  
25 Global Citric Acid Market Outlook, By Emulsifying Agent (2016-2026) ($MN)  
26 Global Citric Acid Market Outlook, By Flavoring Agent (2016-2026) ($MN)   
27 Global Citric Acid Market Outlook, By Sequestrant (2016-2026) ($MN)   
28 Global Citric Acid Market Outlook, By End User (2016-2026) ($MN)   
29 Global Citric Acid Market Outlook, By Pharmaceuticals (2016-2026) ($MN)  
30 Global Citric Acid Market Outlook, By Biotechnology (2016-2026) ($MN)   
31 Global Citric Acid Market Outlook, By Health care (2016-2026) ($MN)   
32 Global Citric Acid Market Outlook, By Agriculture (2016-2026) ($MN)   
33 Global Citric Acid Market Outlook, By Printing (2016-2026) ($MN)   
34 Global Citric Acid Market Outlook, By Household Detergents and Cleaners (2016-2026) ($MN) 
35 Global Citric Acid Market Outlook, By Industrial (2016-2026) ($MN)   
36 Global Citric Acid Market Outlook, By Metal Industry (2016-2026) ($MN)   
37 Global Citric Acid Market Outlook, By Dairy Products (2016-2026) ($MN)   
38 Global Citric Acid Market Outlook, By Cosmetics & Personal Care (2016-2026) ($MN) 
39 Global Citric Acid Market Outlook, By Textile (2016-2026) ($MN)   
40 Global Citric Acid Market Outlook, By Food Products (2016-2026) ($MN)   
41 Global Citric Acid Market Outlook, By Confectioneries (2016-2026) ($MN)  
42 Global Citric Acid Market Outlook, By Beverages  (2016-2026) ($MN)   
43 Global Citric Acid Market Outlook, By Convenience food products (2016-2026) ($MN) 
44 Global Citric Acid Market Outlook, By Reagents  (2016-2026) ($MN)   
45 Global Citric Acid Market Outlook, By Animal Feed (2016-2026) ($MN)   
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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