Global Citric Acid Market To Be Driven By Its Application In A Number Of Food And Non-Food Industries In The Forecast Period Of 2021-2026

30 NORTH GOULD STREET, WYOMING, UNITED STATES, August 24, 2022 /EINPresswire.com/ -- The new report by Expert Market Research titled, ‘Global Citric Acid Market Price Report and Forecast 2021-2026’, gives an in-depth analysis of the global citric acid market assessing the market based on its segments like form, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/citric-acid-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

Historical Market Size (2020): 2.39 Million Tons
Forecast CAGR (2021-2026): 4.0%
Forecast Market Size (2026): 2.91 Million Tons
Industry Definition and Major Segments

Citric acid is a weak organic acid that can be found in lemon and other sour fruit juices. It’s employed in various industries because of its capacity to inhibit microbe growth, change pH, add sourness and acidity, and enhance flavor.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/citric-acid-market

Based on form, the industry can be divided into:

Liquid
Anhydrous

On the basis of application, the industry can be segmented into:

Food and Beverages
Household Detergents and Cleaners
Pharmaceuticals
Others

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada

2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others

3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others

4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others

5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

Its use in a variety of food and non-food industries, including as drinks, confectioneries, convenience foods, dairy, medicines, personal care and cosmetics, detergents and cleansers, feed, and others, is currently driving the market. Consumer demand for RTD beverages and processed meals is helping to propel the business forward.

Key Market Players

The major players in the market are Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle, Jungbunzlauer Suisse AG, COFCO and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research
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