DUBLIN, Nov. 13, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xwrwp7/citric_acid) has announced the addition of the "Citric Acid Market by Form, Application (Food, Pharmaceuticals, and Cosmetics), Function (Acidulant, Antioxidant, Preservative, and Sequestrant), and by Region (North America, Europe, Asia-Pacific, and RoW) - Global Forecast to 2020" report to their offering.
The citric acid market is directly influenced by the growth of food additives in the processed food industry. Consumer interest in food & beverage products prepared from safe ingredients is projected to remain strong during the forecast years. Moreover, increasing application in the pharmaceutical & personal care industries also help in augmenting market demand for citric acid products.
Citric acid helps manufacturers in offering a clean label to their products, and satisfying consumer demand for safe and permitted ingredients within their budget. However, manufacturers face intense competition from inter- and intra-industry peers in sourcing raw material, ultimately restraining the market growth to a significant extent.
The global market is projected to witness augmented growth due to surging demand for citric acid in food & beverages, pharmaceuticals, detergents, cosmetics & personal care products. The report estimates the market size, in terms of value and volume, of citric acid, based on their form, function, application, and region.
The report provides a detailed analysis of the citric acid market, which is segmented into two major forms- anhydrous citric acid and liquid citric acid. The market has also been segmented on the basis of its main function- acidulant, preservatives, antioxidant, and sequestrant. The report provides a comprehensive analysis of the citric acid market for new and existing players in the food processing, animal feed, pharmaceutical, and personal care industries. The regions covered in this report are North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market is further segmented on the basis of the key countries in these regions.
Scope of the Report
On the basis of key forms, the market was segmented as follows:
- Anhydrous citric acid - Liquid citric acid
On the basis of key functions, the market was segmented as follows:
- Acidulant - Preservative - Antioxidant - Sequestrant
On the basis of applications, the market was segmented as follows:
- Food -- Beverages -- Confectioneries -- Convenience food products (creams, fats, mayonnaise, soups & sauces, oils, and fillings) -- Dairy products - Pharmaceuticals & personal care - Others (detergents & cleansers, animal feed, textile)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Citric Acid Market, By Form
8 Citric Acid Market, By Application
9 Citric Acid Market, By Function
10 Citric Acid Market, By Region
11 Company Profiles
- Archer Daniels Midland Company - Cargill, Incorporated - Cofco Biochemical (Anhui) Co., Ltd. - Gadot Biochemical Industries Ltd. - Huangshi Xinghua Biochemical Co.Ltd - Jungbunzlauer Suisse Ag - Rzbc Group Co. Ltd. - S.A. Citrique Belge N.V. - Tate & Lyle Plc - Weifang Ensign Industry Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/xwrwp7/citric_acid
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SOURCE Research and Markets