Global Food Acidulants Market Insights, Forecast to 2028

Food acidulants are food additives, used to preserve the flavor, maintain the taste as well as other olfactory properties. Food acidulants serve an essential role in the manufacturing of packaged and convenience food. Also, it helps in reducing spoilage from air, bacteria, fungi, and yeast which in-turn increases the product shelf-life. Commonly used food acidulants in the foods & beverages industry are acetic acid, citric acid, lactic acid, phosphoric acid, and malic acid.
Market Analysis and Insights: Global Food Acidulants Market
Due to the COVID-19 pandemic, the global Food Acidulants market size is estimated to be worth US$ 2128.9 million in 2022 and is forecast to a readjusted size of US$ 2724.3 million by 2028 with a CAGR of 4.2% during the review period. Fully considering the economic change by this health crisis, Acetic Acid accounting for % of the Food Acidulants global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Beverages segment is altered to an % CAGR throughout this forecast period.
Changing consumers’ preference towards convenience, packaged, and frozen foods have intensified the usage of food acidulants in the food & beverage industry. It is experiencing high demand due to its added nutritional attributes. Growing health concerns among the global population together with the increasing awareness about the benefits of consuming food preservatives are most likely to drive the growth of the food acidulants market. Also, value-added benefits associated with the use of food acidulants in the food products are also supporting the sale of food acidulants globally.
In terms of production side, this report researches the Food Acidulants capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Food Acidulants by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Food Acidulants Scope and Segment
Food Acidulants market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Food Acidulants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Acetic Acid
Citric Acid
Lactic Acid
Malic Acid
Segment by Application
Beverages
Bakery & Confectionery
Dairy & Frozen Desserts
By Company
Cargill
Brenntag
Archer-Daniels-Midland Company
Univar
Tate & Lyle
Purac Biochem
Caremoli
Jungbunzlauer Suisse
Bartek Ingredients
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E