Citric Acid Anhydrous Market
Citric Acid Anhydrous Market Share Analysis, By Grade (Food Grade, Pharmaceutical Grade, Others), By Form (Powder, Granular), By Application (Food and Beverage industry, Cosmetic industry, Others), By Packaging Type (Bottle Packaging, Bulk Packaging, Others) & By Region Forecast, 2021 to 2031
Analysis of Citric Acid Anhydrous Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Citric Acid Anhydrous Market Forecast and CAGR
Citric acid anhydrous demand is predicted to rise throughout the forecast period, owing to the growing global demand for healthy food additives. The demand for citric acid anhydrous dominates in the food and beverages industry more than three quarters with North American market driving the business from front seat accounting more than 23% global share. It is also used in cosmetics industry and have various applications for the production of different end products. Pharmaceutical industry demand for citric acid anhydrous is predicted to expand at a robust CAGR over the assessment period.
Despite the fact that it is harmless additive, it still may cause minor adverse effects such as stomach cramps and various skin diseases. However due to its wide range of application in the various industries, results in rise in the demand.
The widespread use of the product in cosmetics, food and beverages, pharmaceuticals, and other products will provide significant potential prospects. This comprehensive report is intended to provide readers with a complete understanding of dynamics in the market. The report also provides several decision support framework that can help stakeholders in the industry to take a data-driven decision on growth, expansion, acquisition and capacity addition.
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What is Driving Demand for Citric Acid Anhydrous Market?
Citric acid anhydrous is a white powder that is colourless and odourless and is derived from citrus fruits. Citric acid anhydrous is mostly used in food and beverage as a flavouring agent and food preservative. The rise of the food and beverages industry has a direct impact on the worldwide citric acid anhydrous market. Consumer interest in food and beverage goods has provided a profitable potential.
Furthermore, it is widely used for the production of hair care products, skincare and toiletries products. Anhydrous citric acid also behaves as a buffering and neutralizing agent due to which there is a high demand for skincare and cosmetics products. It is primarily used in the pharmaceutical industry because of its antioxidant property and used as a preservative in the formulation of the medicine.
Due to its widespread application in various industries, sales are expected to rise at faster rate.
Food and Beverage industry is key factors influencing the market growth
Anhydrous citric acid has widespread application in various industries which help to drive the market. The food and beverage industry is the key factor for influencing the demand, as product plays a significant part in the processing.
It is important for boosting flavours, especially in the beverages, because it has a tangy, refreshing flavour that balances out the sweetness of many drinks. Citric acid is also widely used in the dairy sector, particularly in the manufacturing and processing of cheese. The acids aids in the formation of ideal environment for the emulsion stabilization. During the production of beers and wine, it is used as pH regulator. It can also be used to prevent oxidation and browning of fresh fruits and vegetables.
Hence, anhydrous citric acid has a wide range of application in the food and beverage industry which are the key factors included in providing a great potential for the market.
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Asia Pacific Market Outlook
Anhydrous citric acid have a dominant share in the Asia Pacific region due to the increase in consumption of food and beverages. This is primarily due to the presence of some of the highly potential players in the industry. Over the forecast period, the industry is expected to grow at a significant pace.
North America Market Outlook
The COVID-19 crisis has had a major effect on many North American countries, leading to a decline in economic activity. Healthcare spending in the North America tends to fuel demand for the product as it is used in the formulation of various medicines and other purposes in pharmaceutical industry.
The use of the product for chemical and pharmaceutical industry is increasing in North America owing to the availability of resources, increase in foreign investors, the manufacturing industries, and so on. This accounts for significant growth for the industry.
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Competitive landscape highlights only certain players
Complete list available upon request
Who are the Key Players Present in Market?
Some of the key players operating in the global anhydrous market are:
- Shanghai Billion Chemical Chemical Co. Ltd.
- American Tartaric Products
- Gadot Biochemical Industries
- Alfa Aesar
- Gojira Fine Chemicals
- TTCA Co.
- Univar Chemicals (Shanghai) Co. Ltd.
- CitriqueBelge
- Foodchem International Corporation
- Jungbunzlauer Suisse AG
- HuangshiXinghua Biochemical
- Weifang Ensign Industry Co. Ltd.
- LaiwuTaihe Biochemistry Co. Ltd.
- Jiangsu GuoxinXielian Energy Co.
- Archer Daniels Midland
- Thai Anhydrous Citric Acid
- RZBC Group
- RizhaoRuisite International Trade Co. Ltd.
- COFCO Bio-chemical
- Barker Industries
- Cater Chemicals Corp.
- Cargill Ltd.
- RizhaoJinsui Trade Co. Ltd.
- Gansu Jinbao Industry Co. Ltd.
- Wintersun Chemical
- Penta Manufacturing Company
- Bruchem Inc. Ltd
- FoodChem Corporation
- Other
Citric Acid Anhydrous Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segmentation
On the basis of grade, the market can be segmented into
- Food grade
- Pharmaceutical grade
- Industrial grade
- Feed grade
On the basis of form, the market can be segmented into
- Powder
- Granular
On the basis of application, the market can be segmented into
- Food and Beverage industry
- Cosmetic industry
- Chemical industry
- Pharmaceutical Industry
- Others.
On the basis of packaging type, the market can be segmented into
- Bottle Packaging
- Bulk Packaging
- Tetra Packaging
On the basis of region, the market is segmented as
- North America
- US & Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- France
- Italy
- Spain
- U.K.
- Benelux
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia
- India
- Thailand
- Malaysia
- Indonesia
- Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries
- Turkey
- South Africa
- Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Grade 6.2. Form 6.3. Application 6.4. Packaging Type 7. Global Market Analysis and Forecast, By Grade 7.1. Food Grade 7.2. Pharmaceutical Grade 7.3. Industrial Grade 7.4. Feed Grade 8. Global Market Analysis and Forecast, By Form 8.1. Powder 8.2. Granular 9. Global Market Analysis and Forecast, By Application 9.1. Food And Beverage Industry 9.2. Cosmetic Industry 9.3. Chemical Industry 9.4. Pharmaceutical Industry 9.5. Others 10. Global Market Analysis and Forecast, By Packaging Type 10.1. Bottle Packaging 10.2. Bulk Packaging 10.3. Tetra Packaging 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Grade, Form, Application, and Packaging Type for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Shanghai Billion Chemical Chemical Co. Ltd. 21.2. American Tartaric Products 21.3. Gadot Biochemical Industries 21.4. Alfa Aesar 21.5. Gojira Fine Chemicals 21.6. TTCA Co. 21.7. Univar Chemicals (Shanghai) Co. Ltd. 21.8. CitriqueBelge 21.9. Foodchem International Corporation 21.10. Jungbunzlauer Suisse AG 21.11. HuangshiXinghua Biochemical 21.12. Weifang Ensign Industry Co. Ltd. 21.13. LaiwuTaihe Biochemistry Co. Ltd. 21.14. Jiangsu GuoxinXielian Energy Co. 21.15. Archer Daniels Midland 21.16. Thai Anhydrous Citric Acid 21.17. RZBC Group 21.18. RizhaoRuisite International Trade Co. Ltd. 21.19. COFCO Bio-chemical 21.20. Barker Industries
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Grade
Table 3: Global Market US$ Mn Forecast by Form
Table 4: Global Market US$ Mn Forecast by Application
Table 5: Global Market US$ Mn Forecast by Packaging Type
Table 6: North America Market US$ Mn Forecast by Country
Table 7: North America Market US$ Mn Forecast by Grade
Table 8: North America Market US$ Mn Forecast by Form
Table 9: North America Market US$ Mn Forecast by Application
Table 10: North America Market US$ Mn Forecast by Packaging Type
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Grade
Table 13: Latin America Market US$ Mn Forecast by Form
Table 14: Latin America Market US$ Mn Forecast by Application
Table 15: Latin America Market US$ Mn Forecast by Packaging Type
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Grade
Table 18: Western Europe Market US$ Mn Forecast by Form
Table 19: Western Europe Market US$ Mn Forecast by Application
Table 20: Western Europe Market US$ Mn Forecast by Packaging Type
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Grade
Table 23: Eastern Europe Market US$ Mn Forecast by Form
Table 24: Eastern Europe Market US$ Mn Forecast by Application
Table 25: Eastern Europe Market US$ Mn Forecast by Packaging Type
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Grade
Table 28: East Asia Market US$ Mn Forecast by Form
Table 29: East Asia Market US$ Mn Forecast by Application
Table 30: East Asia Market US$ Mn Forecast by Packaging Type
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Grade
Table 33: South Asia & Pacific Market US$ Mn Forecast by Form
Table 34: South Asia & Pacific Market US$ Mn Forecast by Application
Table 35: South Asia & Pacific Market US$ Mn Forecast by Packaging Type
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Grade
Table 38: MEA Market US$ Mn Forecast by Form
Table 39: MEA Market US$ Mn Forecast by Application
Table 40: MEA Market US$ Mn Forecast by Packaging Type
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Grade
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Form
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Packaging Type
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential does the Citric Acid Anhydrous Market hold during the forecast period?
The citric acid anhydrous market thrives on a CAGR of 5.9% during the forecast period.
Why does Citric Acid Anhydrous Market have High Growth Potential?
Acid’s widespread applications fuel the growth of citric acid anhydrous market.
Where will Manufacturers find the Most Opportunities in the Citric Acid Anhydrous Industry?
North American region dominates the citric acid anhydrous market.