Organic Acids Market

Organic acids refer to organic compounds with low molecular mass and weak acidic properties.

STE R SHERIDAN, WYOMING, UNITED STATES, August 1, 2022 /EINPresswire.com/ -- The IMARC Group provides extensive analysis of the organic acids industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on organic acids market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

Historical market data from 2016-2021
CAGR of the market during the forecast period 2022-2027
Detailed information on factors that will drive market growth during the next five years
Precise estimation of the Keyword market size and its contribution to the parent market
Upcoming market trends and changes in consumer behavior
A thorough analysis of the market’s competitive landscape and detailed information on key players
Comprehensive details of factors that will challenge the growth of smart meters market key players

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Organic acids refer to a strong, insoluble organic compound, which is manufactured through fermentation of molasses, starch, biomass, and agro-industrial residues, like sugarcane, citric and fruit peels. It is used in the food and beverage (F&B) sector for enhancing the shelf life of food products. Some of the commonly utilized organic acids encompass formic, gluconic, lactic, benzoic, and gluconic acids.

Organic Acids Market Trends:

The increasing utilization of organic acids as an alternative to antibiotic growth promoters (AGP) in animal feed and the rapid growth in the food and beverage (F&B) sector are primary factors driving the market growth. Additionally, the widespread adoption of organic acids in personal care and cosmetic products is providing a significant boost to the market growth. Apart from this, numerous initiatives undertaken by the governments of various countries for promoting the production of bio-based organic acids from renewable resources are creating a positive outlook for the market.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

BASF SE
Cargill Incorporated
Celanese Corporation
Dow Inc.
Koninklijke DSM N.V.
DuPont de Nemours Inc.
Eastman Chemical Company
Henan Jindan Lactic Acid Technology Co. Ltd.
Tate & Lyle PLC
The Archer-Daniels-Midland Company.

Market Segmentation:

Breakup by Type:

Acetic Acid
Citric Acid
Formic Acid
Lactic Acid
Gluconic Acid
Fumaric Acid
Itaconic Acid
Others

Breakup by Source:

Biomass
Molasses
Starch
Chemical Synthesis
Argo-Industrial Residue

Breakup by End User:

Food and Beverage
Animal Feed
Chemical and Industrial
Pharmaceuticals
Personal Care
Agriculture
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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