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Food Acidulants Market, Size, Share, Growth - 2020-2027

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vikram pathari
Food Acidulants Market, Size, Share, Growth - 2020-2027

Market Overview

  • The Global Food Acidulants Market is expected to grow at a CAGR of 6.34% during the forecasting period (2020-2027).
  • Acidulant is a key ingredient in the processing of sharp, sour-tasting sweets, and salty food products. The key functions of food acidulants include it acts as a pH control agent, chelating agent, flavoring agent, gelling agent, preservative, antioxidant synergists, and others. With continuous developments in the food and beverage industry, the market for processed food also increased considerably during the last few years. And, acidulants are predominantly used in the production of processed food as a preservative and flavor enhancer. Citric acid, tartaric acid, and malic acids are the most commonly used additives in the confectionery industry. The acidity in food acidulants helps in increasing the organoleptic property of the food products.

 

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Market Dynamics:

  • Increasing the production of processed food and usage of acidulants as a preservative or flavoring agent is the primary factor driving the global food acidulants market. The acidulants are extensively used in the production of beverages and significantly used in jams, conserves, candies, bubble gums, sauces, frozen foods, and many others. Furthermore, increasing the production of flavored beverages to cater to growing consumer demand for specific beverages globally and growing consumption of acidulants as a key ingredient in the production process is expected to boost the market for food acidulants globally during the forecast period. The most commonly used food acidulant in the beverage production process is citric acid and malic acid as a flavor enhancement. Moreover, increasing demand for acid regulators ingredients or solutions from processed food and beverage manufacturers is further expected to boost the market for food acidulants globally during the forecast period.
  • However, the availability of alternatives and the presence of side effects through excessive consumption are major factors hindering the growth of the food acidulants market globally during the forecast period.

 

Market Segmentation Analysis

  • The global food acidulants market is segmented based on product form into acetic acid, tartaric acid, citric acid, malic acid, lactic acid, others.
  • Citric acid is dominating the global food acidulants market owing to its extensive usage in the production of food and beverages, confectionery, dairy products over its compatriots. Initially, the citric acids wad extracted from limes and lemons but currently, these are being commercially produced through the fermentation process. Citric acid evolved as a key ingredient in the processing of jams, jellies, candy, canned food, and frozen food. The key properties of citric acid in food applications include flavoring, preservatives, antioxidants, and others.

 

Market Geographical Analysis

  • By region, the global food acidulants market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east, and America.
  • North America is expected to dominate the global food acidulates market owing to the high presence of the processed food industry and growing homely consumption of acidulates as a key ingredient in daily food processing activities. Increasing production of beverages in the existing manufacturing facilities to cater to growing consumer demand associated with increased consumption of food acidulates in the manufacturing process is expected to boost the market in North America during the forecast period. Additionally, the high presence of cheese production and processing facilities is further expected to boost the consumption of food acidulants in North America during the forecast period.

 

Market Competitive Analysis

  • The key companies in the global food acidulants market are focusing on improving the production capacity of their existing facilities to cater to the growing market for respective ingredients globally during the forecast period.
  • In February 2019, Bartek Ingredients one of the global leaders in malic acid and food-grade fumaric acid completed the expansion of its current manufacturing facility by 4,000 tons/year. The company is additionally invested to increase its production capacity further by 5,000 tons/year in the current financial year.
  • Some of the key players in the global food acidulants market include Cargill Incorporated., ATP Group, Archer Daniels Midland Company, Tate & Lyle PLC, and many other companies.

 

View full report: https://www.datamintelligence.com/research-report/food-acidulants-market

 

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About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.

 

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: [email protected]

Tel: +1 877 441 4866

Website: www.datamintelligence.com

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