About Citric Acid
Citric acid is an organic weak acid, which is a vital intermediary in metabolism. Naturally, citric acid is found in citrus vegetables and fruits. Citric acid is extensively used in foods and beverages, pharmaceuticals and personal care products, detergents and cleaners, and other applications such as animal feed and industrial applications. In foods and beverages, citric acid is profoundly used as a preservative, flavoring agent, acidifier, and chelating agent.
Technavio’s analysts forecast the global citric acid market to grow at a CAGR of 5.89% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global citric acid market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of citric acid.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Citric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Archer Daniels Midland
• Cargill
• COFCO Biochemical (Anhui)
• Gadot Biochemical Industries
• Jungbunzlauer Suisse
Other prominent vendors
• HUANGSHI XINGHUA BIOCHEMICAL
• RZBC GROUP
• Citrique Belge
• Weifang Ensign Industry
Market driver
• Growing demand for citric acids from detergents and cleaners
• For a full, detailed list, view our report
Market challenge
• Potential substitute: Lactic acid
• For a full, detailed list, view our report
Market trend
• Health awareness and deficiencies among consumers
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
• Overview
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by application
• Global citric acid market by application
• Global citric acid market for foods and beverages
• Global citric acid market for pharmaceuticals and personal care products
• Global citric acid market for detergents and cleaners
• Global citric acid market for other applications
PART 07: Geographical segmentation
• Global citric acid market by geography
• Citric acid market in Europe
• Citric acid market in North America
• Citric acid market in APAC
• Citric acid market in ROW
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments
PART 10: Market trends
• Growing popularity of organic food additives
• Health awareness and deficiencies among consumers
• Growing demand from emerging applications
PART 11: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 12: Key vendor analysis
• Archer Daniels Midland
• Cargill
• COFCO Biochemical (Anhui)
• Gadot Biochemical Industries
• Jungbunzlauer Suisse
PART 13: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Global citric acid market
Exhibit 02: Global citric acid market by application
Exhibit 03: Global citric acid market by geography
Exhibit 04: Global citric acid market 2016 and 2021 ($ millions)
Exhibit 05: Market forecast: Global citric acid market 2016-2021
Exhibit 06: Five forces analysis
Exhibit 07: Global citric acid market by application 2016
Exhibit 08: Global citric acid market by application 2021
Exhibit 09: Global citric acid market for foods and beverages 2016 and 2021 ($ millions)
Exhibit 10: Functions of citric acid in different food and beverage products
Exhibit 11: Market forecast: Global citric acid market for foods and beverages 2016-2021
Exhibit 12: Global citric acid market for pharmaceuticals and personal care products 2016 and 2021 ($ millions)
Exhibit 13: Market forecast: Global citric acid market for pharmaceuticals and personal care products 2016-2021
Exhibit 14: Global citric acid market for detergents and cleaners 2016 and 2021 ($ millions)
Exhibit 15: Market forecast: Global citric acid market 2016-2021
Exhibit 16: Global citric acid market for other applications 2016 and 2021 ($ millions)
Exhibit 17: Market forecast: Global citric acid market for other applications 2016-2021
Exhibit 18: Global citric acid market by geography 2016
Exhibit 19: Global citric acid market by geography 2021
Exhibit 20: Citric acid market in Europe 2016 and 2021 ($ millions)
Exhibit 21: Market forecast: Citric acid market in Europe 2016-2021
Exhibit 22: Citric acid market in North America 2016 and 2021 ($ millions)
Exhibit 23: Market forecast: Citric acid market in North America 2016-2021
Exhibit 24: Citric acid market in APAC 2016 and 2021 ($ millions)
Exhibit 25: Market forecast: Citric acid market in APAC 2016-2021
Exhibit 26: Citric acid market in ROW 2016 and 2021 ($ millions)
Exhibit 27: Market forecast: Citric acid market in ROW 2016-2021
Exhibit 28: Impact of drivers
Exhibit 29: Impact of challenges
Exhibit 30: Key vendors in global citric acid market
Exhibit 31: Archer Daniels Midland: Business segmentation
Exhibit 32: COFCO Biochemical (Anhui): Product portfolio
Exhibit 33: Gadot Biochemical Industries: Product portfolio
Exhibit 34: Jungbunzlauer Suisse: Product portfolio
