Acidity Regulators Market to Exhibit Growth at 7.3% CAGR during 2015-21

2024-10-30 01:27:27 Lifestyle

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Acidity regulators, commonly known as pH control agents, are food additives mainly used to change or maintain the acidity or alkalinity of foods. Acidity regulators give a distinct flavor to foods and are also used for food preservation. This is because these food additives prevent microbial growth, thereby helping in food spoilage. Acidity regulators can be organic or mineral acids, neutralizing agents, bases, or buffering agents.

In this report, product, application, and geography are the criteria based on which the global acidity regulators market is segmented. Pertaining to the acidity regulators market, various indicators that will define trends in the market during the 2015-2021 period are examined at length. An array of illustrations depicts the progression of the major segments as well as the market in its entirety.

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The report is compiled gathering data from industry-leading databases and using formidable tools for scrutiny of the information. Using proven analytical tools and allowing for handling errors, the report is all-inclusive for comprehending the trends, opportunities, and competitive hierarchical structure of the global acidity regulators market for the 2015-2021 period.

Overview of Global Acidity Regulators Market

The global acidity regulators market will be valued at US$6.3 bn by 2021, increasing from US$3.9 bn in 2014. This will amount the market to register a CAGR of 7.3% between 2015 and 2021.

According to the report, the expanding food and beverage industry is majorly driving the acidity regulators market. Food additives such as acidity regulators and acidifiers are essentially used for maintaining the appropriate pH of food items, ensuring food safety and a longer shelf life. The rising consumer base of individuals that spend a considerable chunk of money on processed foods and ready-to-drink beverages, combined with the increasing demand for condiments, sauces, and salad dressings, is accentuating the growth of the acidity regulators market. In addition, development of new techniques for acid extraction is further augmenting the growth of this market.

On the flip side, acidity regulators can cause nausea, vomiting, and diarrhea among humans, hampering the market?s growth. Acidity regulators, if consumed in excess quantities, are also related to tooth decay. Other than this, the presence of small manufacturers that supply low-cost products is hampering the growth of the global market for acidity regulators. Nevertheless, the varied use of acidity regulators in skincare and other cosmetic products will proffer opportunities for the market?s growth.

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By product, acetic acid, phosphoric acid, lactic acid, citric acid, and maleic acid are the segments of the market. Citric acid represents the largest share of the overall market. The product segment is extensively used for bakery foods, non-alcoholic beverages, soft drinks, and processed foods. Citric acid is followed by phosphoric acid in terms of market share.

Confectionery, beverages, bakery, and sauces, dressings, and condiments are the application segments of the acidity regulators market. Of all, beverages exhibit a significantly high demand for acidity regulators.

The acidity regulators market is divided into the regional segments of North America, Europe, Asia Pacific, and Rest of the World. In the 2015-2021 period, Asia Pacific will be the fastest growing regional market. This will be followed by the Rest of the World region, which will emerge as the second fastest growing regional acidity regulators market.

Major Companies in Global Acidity Regulators Market

The report mentions Cargill Incorporated, Tate and Lyle plc, Univar Brenntag A.G., Archer Daniels Midland Co., Kerry Group, Corbion N.V., and Innophos Holding Inc. as the top companies that operate in the global acidity regulators market.

Global Acidity Regulators Market, by Product type
Citric Acid
Phosphoric Acid
Acetic Acid
Malic Acid
Lactic Acid

Global Acidity Regulators Market, by application
Beverages
Processed Food
Sauces and Condiments
Bakery
Confectionary

Global Acidity Regulators Market, by geography
North America
Europe
Asia-Pacific
Rest of the World

This report gives you access to decisive data such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years

Key highlights
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
A clear understanding of the competitive landscape and key product segments