North America Food Acidulants Market 2015-2020 - Growth, Trends And Forecasts
Jun 10, 2015, 05:51 ET
DUBLIN, June 09, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/gwgj6d/north_america) has announced the addition of the "North America Food Acidulants Market-Growth, Trends And Forecast (2015-2020)" report to their offering.
Acidulants are one of the major food additives used in Food & Beverages industry and are one of the fastest growing segments. The main function of the Acidulants is to stabilize the Ph. level the food product and preserve the product shelf life. Apart from this, they function as gelling agents, as flavor enhancers in confectionary products and improve the taste in beverages.
The Global food acidulants market is driven by growing processed food and beverages market and their consumption by the burgeoning middle class population. Other factors like supply chain complexities like lack of cold storage chains and also consumer demand for nutrition anabled food products seem to drive the market. The market finds restrains in the form of huge competition in pricing due large number of suppliers in the market. Chinese players, especially in citric acid, poses a high threat for Western players .Regulatory checks on imports to create perfect competition like environment is still in the nascent stages in several countries. The key potential this industry sees is in the form of manufacturers adopting technologies to improve their production processes to meet the capacity requirements.
The market is segmented based on type which include Citric acid, phosphoric acid, and lactic acid among others. Citric acid dominates the Acidulants market, followed by phosphoric acid. The major applications of Acidulants is seen in non-alcoholic beverages and soft drinks. Beverages are the largest segment for Acidulants followed by seasonings, condiments sauces and Processed food products.
In terms of market size Asia pacific leads followed by North America and Europe. US is the largest market in North America while Germany is the largest market in European region. This is mainly attributed to increase in consumption of processed foods and increasing nutritional requirements among consumers. Mexico is one of the emerging markets for food Acidulants.
Some of the players who have been profiled in this market are ADM, Brenntag, Cargill, Hawkin Watts, Tate & Lyle among others. Manufacturers are adopting innovative technologies to increase their profit margins in this market.
- Archer Daniels Midland(ADM)
- Cargill Inc
- Hawkins Watts Ltd
- Jungbunzlauer Ag
- Parry Enterprises India
- Purac Biochem
- Tate & Lyle
- Merko group Llc
- Weifang Ensign Industry Co. Ltd
- Isegen South Africa (Pty) Ltd
- fbc industries inc
For more information visit http://www.researchandmarkets.com/research/gwgj6d/north_america
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SOURCE Research and Markets
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