Global Acidity Regulators Market Size, Trends and Growth Opportunity, By Product (Citric Acids, Acetic Acids, Phosphoric Acid, Malic Acid, and Lactic Acid), By Application (Beverages, Processed Food, Bakery and Confectionery, Sauces, Condiments and Dressing, and Others), By Region and forecast till 2030.
Report ID : IR1002441 | Industries : Healthcare | Published On :February 2024 | Page Count : 205
Global Acidity Regulators Market Size, Trends and Growth Opportunity, By Product (Citric Acids, Acetic Acids, Phosphoric Acid, Malic Acid, and Lactic Acid), By Application (Beverages, Processed Food, Bakery and Confectionery, Sauces, Condiments and Dressing, and Others), By Region and forecast till 2030.
Global Acidity Regulators Market
Global Acidity Regulators Market was valued at USD 7.09 billion in 2020 and is slated to reach USD 14.15 by 2030 at a CAGR of 9.09% from 2023-2030.
Food additives known as "acidity regulators" give foods a sour taste, maintain the right pH level, and increase shelf life. They act as organic and mineral acids, neutralising and buffering substances, and preservatives, depending on their intended use. Citric acid is primarily used to minimise fruit enzymatic browning and increase the gel consistency of marmalades. Additionally, calcium acetate inhibits the development of microbes in cake batter, custard, and pet food. Foods that use fumaric acid as a flavour and acidity regulator include bread, chicken, wine, jams, jellies, and pie fillings.
Market Drivers
During the anticipated period, the segment for citric acid had the fastest growth rate on the market. Citric acid and its salts have been shown to inhibit the development of bacteria, yeasts, and mould. Based on the available data, acetic acid and citric acid were the two most restricted on an equivalent molar basis. Citric acid reduced the majority of flat-sour microorganisms found in tomato juice, and this limitation appeared to be connected to the product's natural PH. As a result, rising demand for citric acid as an acidity regulator will probably promote market expansion. The primary driving factor behind the expansion of the global industry is the rise in demand for home food preservation. By regulating the pH levels in food products, acidulates can act as preservatives. Lactic acid is a common preservative found in products like cheese and yoghurt, for example. Due to this, there is a rise in consumer interest in at-home food preservation. A rise in the number of people preferring home-preserved food is proof that more customers are opting to take control over both their food supply and what they eat.
Market Restraints
The expansion of the worldwide acidity regulators market is expected to be hampered by excessive usage of these products, which can lead to health problems like teeth erosion, skin damage, allergies, and many others. Due to the numerous health problems, it causes, such as diarrhoea, nausea, and an upset stomach, the excessive use of these modulators is anticipated to be a constraint on the expansion of this market. To improve the flavour of puff pastries, food makers use trans-fat. It is one of the main harmful acidity regulators in food. Numerous hydrogenated oils have been found to contain trans-fat. Research demonstrates that it lowers HDL (good cholesterol level), increasing the risk of inflammation and heart attacks. This could hinder market expansion.
Impact of COVID-19
The pandemic's impact on the supply chain has had a significant impact on the market for acidity regulators worldwide. Acidity regulator supply chains have been disrupted as a result of production facility closures, travel restrictions, and other virus containment efforts. As a result, several products are in low supply, and prices have gone up. The market for acidity regulators has also been impacted by the closure of eateries, coffee shops, and other food service businesses. The revenue of market players has been influenced by the fall in demand for these products. However, this demand reduction has been largely countered by the rise in demand for packaged and processed food items brought on by the pandemic. The COVID-19 epidemic has also changed consumer behaviour, with a stronger emphasis on health and wellness. Due to the rise in demand for items that are seen as healthy and natural as a result, natural acidity regulators are now more popular.
Market Segmentation
Global Acidity Regulators Market is segmented into Product and Application. By Products such as Citric Acids, Acetic Acids, Phosphoric acids, Malic acids, and Lactic acids. By Applications such as Beverages, Processed Food, Bakery and Confectionery, Sauces, Condiments and Dressing, and Others.
Regional Analysis
Global Acidity Regulators Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on its increased consumption of fast food and soft drinks, Asia-Pacific dominates the market for acidity regulators. A further factor that will support the growth of the acidity regulators market is the development and expansion of the food and beverage industries in China and India. Given the significant expenditures made in manufacturing industries for food safety processes, North America is anticipated to experience the greatest growth between 2023 and 2030. Additionally, boosting the use of fruit-flavoured beverages will accelerate market expansion in this area.
Key Players
This report includes a list of numerous Key Players, namely Tate & Lyle (U.K.), Kerry Group plc (Ireland), Cargill Incorporated (U.S.), Corbion (Netherlands), Bartek Ingredients Inc. (Canada), Univar Solutions Inc. (U.S.), Haifa Negev Technologies LTD (Israel), Ernesto Ventós S.A. (Spain), FINAR LIMITED (India), Innophos (U.S.).
Market Taxonomy
By Product
• Citric Acids
• Acetic Acids
• Phosphoric Acid
• Malic Acid
• Lactic Acid
By Application
• Beverages
• Processed Food
• Bakery and Confectionery
• Sauces
• Condiments and Dressing
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Acidity Regulators Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Acidity Regulators Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Acidity Regulators Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Acidity Regulators Market Share Analysis, By Product
5.3 Global Acidity Regulators Market Size and Forecast, By Product
5.3.1 Citric Acids
5.3.2 Acetic Acids
5.3.3 Phosphoric Acid
5.3.4 Malic Acid
5.3.5 Lactic Acid
6 Global Acidity Regulators Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Acidity Regulators Market Share Analysis, By Application
6.3 Global Acidity Regulators Market Size and Forecast, By Application
6.3.1 Beverages
6.3.2 Processed Food
6.3.3 Bakery and Confectionery
6.3.4 Sauces
6.3.5 Condiments and Dressing
6.3.6 Others
7 Global Acidity Regulators Market, By Region
7.1 Global Acidity Regulators Market Share Analysis, By Region
7.2 Global Acidity Regulators Market Share Analysis, By Region
7.3 Global Acidity Regulators Market Size and Forecast, By Region
8 North America Acidity Regulators Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Acidity Regulators Market Share Analysis, By Product
8.3 North America Acidity Regulators Market Share Analysis, By Application
8.4 North America Acidity Regulators Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Acidity Regulators Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Acidity Regulators Market Share Analysis, By Product
9.3 Europe Acidity Regulators Market Size and Forecast, By Application
9.4 Europe Acidity Regulators Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Acidity Regulators Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Acidity Regulators Market Share Analysis, By Product
10.3 Asia Pacific Acidity Regulators Market Size and Forecast, By Application
10.4 Asia Pacific Acidity Regulators Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Acidity Regulators Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Acidity Regulators Market Share Analysis, By Product
11.3 Latin America Acidity Regulators Market Share Analysis, By Application
11.4 Latin America Acidity Regulators Market Size and Forecast, Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Acidity Regulators Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Acidity Regulators Market Share Analysis, By Product
12.3 Middle East Acidity Regulators Market Size and Forecast, By Application
12.4 Middle East Acidity Regulators Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Tate & Lyle (U.K.)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Kerry Group plc (Ireland)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Cargill Incorporated (U.S.)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Corbion (Netherlands)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Bartek Ingredients Inc. (Canada)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Univar Solutions Inc. (U.S.)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Haifa Negev tech nologies LTD (Israel)
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Ernesto Ventós S.A. (Spain)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 FINAR LIMITED (India)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Innophos (U.S.)
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies