Food acidulants are extensively used as an additive in the manufacturing process of food and beverages as they provide a sharp or tart taste to different food and beverage products. Food acidulants are widely used as preservatives to expand the shelf life of the food products. Such acidulants helps to balance the pH level and assists in stabilizing different flavors and colors of food and beverages. Food acidulants are considered as additives which helps to minimize spoilage from air, bacteria, fungi, and yeast.
MARKET DYNAMICS
The food acidulants market has witnessed a significant growth owing to factors such as rising use of fumaric acid in preparation of bakery items. Moreover, the organic form of acidulants are gaining wide traction provides a huge market opportunity for the key players operating in the food acidulants market. However, strict norms pertaining to food safety is projected to hamper the overall growth of the food acidulants market.
MARKET SCOPE
The "Global Food Acidulants Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food acidulants market with detailed market segmentation by product type and application and geography. The global food acidulants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food acidulants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food acidulants market is segmented on the basis of product type and application. On the basis of product type, the food acidulants market is segmented into citric acid, lactic acid, sorbic acid, malic acid, acetic acid and others. Based on application, the global food acidulants market is divided bakery and confectionery, dairy and frozen desserts, beverages, soups, sauces and dressings and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Food acidulants market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Food acidulants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Food acidulants market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Food acidulants market in these regions.
MARKET PLAYERS
The reports cover key developments in the food acidulants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food acidulants market are anticipated to lucrative growth opportunities in the future with the rising demand for food acidulants in the global market. Below mentioned is the list of few companies engaged in the food acidulants market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the food acidulants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland Company
- Batory Foods, Inc.
- Cargill Incorporated
- Corbion Purac N.V.
- FBC Industries, Inc.
- Global Specialty Ingredients
- Nanjing Xiangshengtai Industry Co., Ltd
- RP International Limited
- Tate and Lyle PLC
- Univar Solutions
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.