Acidulants Market 2028 By Type, Application and Geography | The Insight Partners

MARKET OVERVIEW

Acidulants are basically chemical compound that can add sour, tart, or acidic flavor to the foods. Acidulants differ from acidity regulator as they are food additives which intend to modify the stability of the food. Acidulants acts as a food preservative which inhibit the growth of the microbes and also controls the acidity and pH of the food and beverage along with regulating the flavor, color and moisture levels.

MARKET SCOPE

The “Global Acidulants Market Analysis to 2028” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acidulants market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading acidulants market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on type, the global acidulants market is segmented into citric acid, sorbic acid, lactic acid, malic acid, acetic acid, and others.
• Based on application, the market is segmented into bakery and confectionary, dairy and frozen dessert, beverages, soups, sauces and dressings, and others.

MARKET DYNAMICS

Drivers-

• The increase in demand for acidulants as a preservative in the food and beverage industry and can also be used as an alternative in the cold supply chain is driving the growth of the acidulants market.
• The increase in technological advancements along with an increased investment on research and development of acidulants by various biotechnological companies is having a positive impact on the acidulants market.

Restraints-

• The intense competition in pricing is a primary concern for the acidulants market as the availability of acidulants at low prices by the Chinese manufacturers will restrict the growth of the market. 

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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 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 market from both demand and supply side and further evaluates market dynamics affecting the market during 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 acidulants market in these regions.

IMPACT OF COVID-19 ON ACIDULANTS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries such as the food and beverages industry in various countries due to lockdowns, travel bans, and business shutdowns. The COVID pandemic disrupted the supply chain of the acidulants market which was due to restrictions laid out by several governments regarding the supply chain. There was an increase in demand for citric acid which was due to its immunity boosting properties. Thus, COVID-19 had a significant impact on the acidulants market.

KEY

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The report covers key developments in the 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acidulants market are anticipated to lucrative growth opportunities in the future with the rising demand for acidulants in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 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.

• ADM
• Batory Foods
• Brenntag
• Cargill, Incorporated
• Corbion
• Hawkins Watts Limited
• INDUSTRIAL TECNICA PECUARIA, S.A.
• Jungbunzlauer Suisse AG
• Tate & Lyle
• Univar Solutions Inc

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.

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