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Global Citric Acid Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

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vivek bajaj
Global Citric Acid Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms.

It is used widely as an acidifier, as a flavoring and chelating agent.

Global Citric Acid key players include Weifang Ensign Industry Co., Ltd., TTCA Co., Ltd, RZBC Group Co. Ltd., Cofco Biochemical (Anhui) Co., Ltd., etc. Global top four manufacturers hold a share over 45%.

 

China is the largest market, with a share nearly 70%, followed by Europe, and North America, both have a share over 40 percent.

 

In terms of product, Powder Citric Acid is the largest segment, with a share about 85%. And in terms of application, the largest application is Food and Beverages, followed by Pharmaceuticals and Personal Care, Detergents and Cleansers, etc.

 

Market Analysis and Insights: Global Citric Acid Market

In 2020, the global Citric Acid market size was US$ 1760 million and it is expected to reach US$ 1909.9 million by the end of 2027, with a CAGR of 1.2% during 2021-2027.

Global Citric Acid Scope and Market Size

Citric Acid market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Citric Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

 

Segment by Type, the Citric Acid market is segmented into

 

  • Powder Citric Acid
  • Liquid Citric Acid

 

Segment by Application, the Citric Acid market is segmented into

 

  • Food and Beverages
  • Pharmaceuticals and Personal Care
  • Detergents and Cleansers
  • Others

 

Regional and Country-level Analysis:

 

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Australia
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

 

Competitive Landscape and Citric Acid Market Share Analysis

Citric Acid market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Citric Acid product introduction, recent developments, Citric Acid sales by region, type, application and by sales channel.

 

The major companies include:

 

  • Weifang Ensign Industry Co., Ltd.
  • TTCA Co., Ltd
  • RZBC Group Co. Ltd.
  • Cofco Biochemical (Anhui) Co., Ltd.
  • Jungbunzlauer Suisse AG
  • Tate & Lyle
  • S.A. Citrique Belge N.V.
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Shandong Juxian Hongde Citric Acid Company Ltd
  • Huangshi Xinghua Biochemical Co.Ltd
  • Gadot Biochemical Industries Ltd.

     

 


Table of content

1 Study Coverage
1.1 Citric Acid Product Introduction
1.2 Market by Type
1.2.1 Global Citric Acid Market Size Growth Rate by Type
1.2.2 Powder Citric Acid
1.2.3 Liquid Citric Acid
1.3 Market by Application
1.3.1 Global Citric Acid Market Size Growth Rate by Application
1.3.2 Food and Beverages
1.3.3 Pharmaceuticals and Personal Care
1.3.4 Detergents and Cleansers
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global Citric Acid Market Size Estimates and Forecasts
2.1.1 Global Citric Acid Revenue 2016-2027
2.1.2 Global Citric Acid Sales 2016-2027
2.2 Citric Acid Market Size by Region: 2021 Versus 2027
2.3 Citric Acid Sales by Region (2016-2027)
2.3.1 Global Citric Acid Sales by Region: 2016-2021
2.3.2 Global Citric Acid Sales Forecast by Region (2022-2027)
2.3.3 Global Citric Acid Sales Market Share by Region (2016-2027)
2.4 Citric Acid Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Citric Acid Revenue by Region: 2016-2021
2.4.2 Global Citric Acid Revenue Forecast by Region (2022-2027)
2.4.3 Global Citric Acid Revenue Market Share by Region (2016-2027)

3 Global Citric Acid by Manufacturers
3.1 Global Top Citric Acid Manufacturers by Sales
3.1.1 Global Citric Acid Sales by Manufacturer (2016-2021)
3.1.2 Global C

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