Citric Acid Anhydrous Market Report 2024 (Global Edition)

Global Citric Acid Anhydrous Market Report 2024 Market Size Split by Type (2-40(Mesh Size), 30-100(Mesh Size), Others), by Method of Fermentation (Liquid fermentation, Solid-state fermentation), by Ap...

Citric Acid Anhydrous Market Report Description

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Top Companies in Citric Acid Anhydrous Market

Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.

 

Top Companies Market Share in Citric Acid Anhydrous Industry: (In no particular order of Rank)

• ADM
• Natural Biological Group
• Cargill
• Citrique Belge
• Laiwu Taihe Biochemistry
• Gbi
• Jungbunzlauer
• RZBC
• Hongde
• UNION
• TTCA
• ENSIGN and others.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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APAC region is dominating the global anhydrous citric acid market and accounted for a market share of about 38.54% in the year 2022

APAC region is dominating the global anhydrous citric acid market and accounted for a market share of about 38.54% in the year 2022. This growth of the market in the APAC region is attributed to the highest production, the presence of major market players, and the growing food processing industry. For instance, China is a major citric acid-producing country in APAC. On the other hand, Europe also holds a significant market share in the global anhydrous citric acid market. This region has a large number of food and beverage industries, where the demand for natural additives for various applications has been heightened in recent years. Customers are demanding naturally extracted and more sustainable food additives, which is driving demand for natural additives and thereby the anhydrous citric acid. European countries like Germany, France, the Netherlands, the United Kingdom, Italy, and Spain, are the major exporters of natural food additives.

The current report Scope analyzes Citric Acid Anhydrous Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Citric Acid Anhydrous Market Analysis

Type Segment Analysis of Citric Acid Anhydrous Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Type of Citric Acid Anhydrous analyzed in this report are as follows:

• 2-40(Mesh Size)
• 30-100(Mesh Size)
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Citric Acid Anhydrous Industry. Request a Free Sample PDF!

Method of fermentation segment analysis of the global anhydrous citric acid market

• Liquid fermentation
• Solid-state fermentation

Liquid fermentation is the most commonly used production method for citric acid production. In liquid fermentation Submerged fermentation mostly used and it is estimated that about 80% of world production is obtained by SmF. Different advantages such as higher yields and productivity and lower labor costs are the main reasons for this. Two types of fermenters, conventional stirred fermenters, and tower fermenters are employed, although the latter is preferred due to the advantages it offers in price, size, and operation.
 

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Citric Acid Anhydrous Application Segment Analysis

Based on the application the preservative segment held the largest market share
Based on the application the preservative segment held the largest market share. Citric acid can be added to packaged, RTE & RTD foods and drinks such as ice cream, sorbets, sodas, and wine. It has antimicrobial properties due to its acidulation, but it is also used as an antioxidant. Foods preserved with citric acid include ice cream, tomato juice, sherbets, salad dressings, beverages, jams, and jellies.

• Preservative
• Flavoring agent
• Emulsifying agent
• Others

Citric Acid Anhydrous End User Segment Analysis

The food and beverages industry held the major market share of the anhydrous citric acid market and accounted for 40.32% market share in 2022.
Food & Beverage Industry is dominating the global anhydrous citric acid market owing to its properties as a preservative, antioxidant, emulsifying agent, and others. As the demand for packaged food and beverages is increasing across the globe the demand for food preservatives has been increased to extend the shelf life of the food products. Further, the demand for naturally extracted food additives is also growing which is accelerating the growth of the anhydrous citric acid market in the food & beverages industry.

• Food & Beverage Industry
• Chemical Industry
• Pharmaceutical Industry
• Other

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion