PORTLAND, Oregon and PUNE, India, January 24, 2017 /PRNewswire/ --
According to a new report published by Allied Market Research, titled, "Acidity Regulators Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022," the global market for acidity regulators was valued at $4,456 million in 2015, and is expected to reach $7,065 million by 2022, growing at a CAGR of 7.96% from 2016 to 2022. Asia-Pacific generated the highest revenue in 2015, and is expected to maintain its lead, followed by North America and Europe.
Summary of the Acidity Regulators Market Report can be accessed on the website at: https://www.alliedmarketresearch.com/acidity-regulators-market
Wide applications of acidity regulators are flavoring agents in food products, preservatives, antioxidants, and chelating agents drive the market growth. However, overconsumption of acidity regulators causes ill effects such as nausea, vomiting, toothache, and others, restricting the market growth.
According to Hemali Narkhede, Research Analyst at Allied Market Research "Acidity regulators market is influenced by the strict government regulations to control adulterations, enhance the shelf life, inhibit the growth of microorganisms, and prevent food products from rancidity. These factors collectively create opportunities for market growth, while excessive intake of these compounds can cause health issues, thus limiting the market growth."
Food and beverages has high rate of adoption in the acidity regulators market owing to increase in demand for food. Rapid growth of acidity regulators in various applications is expected to increase in subsequent years due to rising demand for fast food and the need for preserved food products. Bakery, confectionery, processed foods, sauces, condiments, and dressings, and beverages are identified as the lucrative targets for investment. Beverages and processed food are expected to grow at high CAGRs of 8.3% and 8.0%, respectively.
Key findings of the study
- Beverages and processed food segments are expected to grow at high CAGRs of 8.3% and 8.0%, respectively.
- Asia-Pacific dominated global acidity regulators market and projected to grow at a CAGR of 8.3%.
- Citric acid was the highest revenue-generating segment and is expected to continue its dominance throughout the forecast period.
The key players profiled in this report include Archer Daniels Midland Company (U.S.), Jungbunzlauer India Pvt. Ltd. (India), Bertek Ingredient Incorporation (U.S.), ATP Group (Denmark), Celrich Pvt. Ltd(India), Chemelco International B.V. (Netherlands), FBC Industries Inc. (U.S.), and Fuerst Day Lawson Ltd. (UK).
Summary of similar reports can be viewed at: https://www.alliedmarketresearch.com/food-&-beverages/food-services-and-hospitality-market-report
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1 (800) 792-5285 (U.S. & Canada)
Fax: +1 (855) 550-5975
SOURCE Allied Market Research