Acidity Regulators Market 2022-27: Scope, Share, Outlook, Growth And Analysis
According to the latest report by IMARC Group “Acidity Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global acidity regulators market size reached US$ 6.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.67% during 2022-2027.
Acidity regulators, also known as pH control agents, refer to food additives used to alter and maintain the pH level of food products. They enhance food safety, preserve the taste and extend the shelf life by inhibiting the growth of microorganisms. They are primarily used in low-acid foods, including fish, cauliflower, cucumber and peppers, for acidification and maintaining the desired quality.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The growing awareness about food wastage due to microbial action affecting food quality and rising health concerns represent the primary factors driving the global acidity regulators market. Additionally, their extensive application in the food and beverages industry as preservatives, organic and mineral acids, and neutralizing, buffering, and gelling agents is acting as another growth-inducing factor. Furthermore, the escalating demand for ready-to-eat (RTE) foods on account of rapid urbanization, hectic lifestyles, and changing eating habits has also increased the product demand. These factors are anticipated to create a favorable market outlook in the coming years.
Breakup by Product:
Citric Acid
Phosphoric acid
Acetic Acid
Maleic Acid
Lactic Acid
Others
Breakup by Source:
Natural
Synthetic
Breakup by Application:
Beverages
Sauces, Condiments, and Dressings
Processed Food
Bakery
Confectionery
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Archer Daniels Midland Company
Bartek Ingredients Inc.
Cargill Incorporated
Celrich Products Pvt. Ltd.
Chemelco International B.V.
Corbion N.V.
F.B.C Industries Inc.
Foodchem International Corporation
Jungbunzlauer Suisse AG
Tate & Lyle Plc
Univar Solutions Inc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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