Global Citric Acid Anhydrous Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for citric acid in food and beverage industry, chemical industry, and medicine industry. The growth of the global citric acid anhydrous market is also attributed to its wide range of applications in various industries such as food and beverage, chemical, and medicine industries.
The global citric acid anhydrous market has been segmented on the basis of type (crystal or powder), application (food & beverage, chemical, medicine), and region (North America, Latin America, Europe Asia Pacific & Middle East Africa). Among these segments North America dominates with a share of over 40% in 2017 due to high demand for citric acid from food & beverage industry followed by Europe with a share of over 30%. Asia Pacific is expected to grow at a CAGR of 4% during the forecast period owing to high demand from China followed by Latin America which will grow at a CAGR of 3%.
Some Of The Growth Factors Of This Market:
- Citric acid is a natural preservative and antioxidant that can be used in food products to prevent spoilage and oxidation.
- Citric acid is also used as a flavoring agent in soft drinks, candies, jams, jellies, and other foods.
- Citric acid is an important component of the citric acid cycle which occurs in the mitochondria of cells to produce energy from glucose for use by the cell's processes.
Industry Growth Insights published a new data on “Citric Acid Anhydrous Market”. The research report is titled “Citric Acid Anhydrous Market research by Types (Crystal, Powder, Other), By Applications (Food And Beverage, Chemical, Medicine, Other), By Players/Companies Cargil, ADM, Citrique Belge, Gadot Biochemical Industries, Jungbunzlauer, Natural Biological Group, Laiwu Taihe Biochemistry, RZBC GROUP, TTCA, Weifang Ensign Industry, Jiangsu Guoxin Union Energy”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Citric Acid Anhydrous Market Research Report
By Type
Crystal, Powder, Other
By Application
Food And Beverage, Chemical, Medicine, Other
By Companies
Cargil, ADM, Citrique Belge, Gadot Biochemical Industries, Jungbunzlauer, Natural Biological Group, Laiwu Taihe Biochemistry, RZBC GROUP, TTCA, Weifang Ensign Industry, Jiangsu Guoxin Union Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Citric Acid Anhydrous Market Report Segments:
The global Citric Acid Anhydrous market is segmented on the basis of:
Types
Crystal, Powder, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food And Beverage, Chemical, Medicine, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargil
- ADM
- Citrique Belge
- Gadot Biochemical Industries
- Jungbunzlauer
- Natural Biological Group
- Laiwu Taihe Biochemistry
- RZBC GROUP
- TTCA
- Weifang Ensign Industry
- Jiangsu Guoxin Union Energy
Highlights of The Citric Acid Anhydrous Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crystal
- Powder
- Other
- By Application:
- Food And Beverage
- Chemical
- Medicine
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Citric Acid Anhydrous Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Citric acid anhydrous is a white crystalline powder that is used as a food additive and preservative. It is also used in the manufacture of plastics, resins, and other materials.
Some of the major companies in the citric acid anhydrous market are Cargil, ADM, Citrique Belge, Gadot Biochemical Industries, Jungbunzlauer, Natural Biological Group, Laiwu Taihe Biochemistry, RZBC GROUP, TTCA, Weifang Ensign Industry, Jiangsu Guoxin Union Energy.
The citric acid anhydrous market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Citric Acid Anhydrous Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Citric Acid Anhydrous Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Citric Acid Anhydrous Market - Supply Chain
4.5. Global Citric Acid Anhydrous Market Forecast
4.5.1. Citric Acid Anhydrous Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Citric Acid Anhydrous Market Size (000 Units) and Y-o-Y Growth
4.5.3. Citric Acid Anhydrous Market Absolute $ Opportunity
5. Global Citric Acid Anhydrous Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Citric Acid Anhydrous Market Size and Volume Forecast by Type
5.3.1. Crystal
5.3.2. Powder
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Citric Acid Anhydrous Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Citric Acid Anhydrous Market Size and Volume Forecast by Application
6.3.1. Food And Beverage
6.3.2. Chemical
6.3.3. Medicine
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Citric Acid Anhydrous Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Citric Acid Anhydrous Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Citric Acid Anhydrous Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Citric Acid Anhydrous Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Citric Acid Anhydrous Demand Share Forecast, 2019-2026
9. North America Citric Acid Anhydrous Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Citric Acid Anhydrous Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Citric Acid Anhydrous Market Size and Volume Forecast by Application
9.4.1. Food And Beverage
9.4.2. Chemical
9.4.3. Medicine
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Citric Acid Anhydrous Market Size and Volume Forecast by Type
9.7.1. Crystal
9.7.2. Powder
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Citric Acid Anhydrous Demand Share Forecast, 2019-2026
10. Latin America Citric Acid Anhydrous Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Citric Acid Anhydrous Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Citric Acid Anhydrous Market Size and Volume Forecast by Application
10.4.1. Food And Beverage
10.4.2. Chemical
10.4.3. Medicine
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Citric Acid Anhydrous Market Size and Volume Forecast by Type
10.7.1. Crystal
10.7.2. Powder
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Citric Acid Anhydrous Demand Share Forecast, 2019-2026
11. Europe Citric Acid Anhydrous Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Citric Acid Anhydrous Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Citric Acid Anhydrous Market Size and Volume Forecast by Application
11.4.1. Food And Beverage
11.4.2. Chemical
11.4.3. Medicine
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Citric Acid Anhydrous Market Size and Volume Forecast by Type
11.7.1. Crystal
11.7.2. Powder
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Citric Acid Anhydrous Demand Share, 2019-2026
12. Asia Pacific Citric Acid Anhydrous Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Citric Acid Anhydrous Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Citric Acid Anhydrous Market Size and Volume Forecast by Application
12.4.1. Food And Beverage
12.4.2. Chemical
12.4.3. Medicine
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Citric Acid Anhydrous Market Size and Volume Forecast by Type
12.7.1. Crystal
12.7.2. Powder
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Citric Acid Anhydrous Demand Share, 2019-2026
13. Middle East & Africa Citric Acid Anhydrous Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Citric Acid Anhydrous Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Citric Acid Anhydrous Market Size and Volume Forecast by Application
13.4.1. Food And Beverage
13.4.2. Chemical
13.4.3. Medicine
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Citric Acid Anhydrous Market Size and Volume Forecast by Type
13.7.1. Crystal
13.7.2. Powder
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Citric Acid Anhydrous Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Citric Acid Anhydrous Market: Market Share Analysis
14.2. Citric Acid Anhydrous Distributors and Customers
14.3. Citric Acid Anhydrous Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ADM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Citrique Belge
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gadot Biochemical Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jungbunzlauer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Natural Biological Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Laiwu Taihe Biochemistry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RZBC GROUP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TTCA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weifang Ensign Industry
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangsu Guoxin Union Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
