Market Overview:
The global citric acid powder market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for citric acid powder from food and beverage, pharmaceuticals and personal care, detergents and cleaners, and other applications. In terms of type, the citric acid anhydrous segment is projected to lead the global market during the forecast period. This can be attributed to its properties such as high purity, solubility in water, non-toxicity, and low price as compared to other types of citric acids. In terms of application, food and beverages segment is projected to lead the global market during the forecast period owing to its growing demand for flavoring agents across various regions.
Product Definition:
Citric acid powder is a white, odorless and crystalline compound that is widely used as an acidifier, flavoring agent and preservative in food and beverage industry. It has sour taste, which makes it extensively used in food products such as carbonated drinks, fruit juices, jams etc. Citric acid powder also finds application in pharmaceuticals and personal care products.
Citric Acid Anhydrous:
Citric acid anhydrous is a crystalline powder derived from citrus fruits. It has been used as a food additive and preservative for more than four decades in the form of its hydrochloride salt (calcium citrate). The product finds application in various industries including pharmaceuticals, cosmetics, and nutraceuticals.
Citric Acid Monohydrate:
Citric acid is a naturally occurring organic compound derived from the fruits such as lemons, oranges, and grapefruit. It has been used in food & beverage industry for many years as an artificial sweetener. Citric acid acts as a preservative in food products by inhibiting microbial growth.
It also helps to maintain the pH levels of foods which further prevents corrosion of metal on metal surfaces through chemical reaction with water during processing and storage of food products.
Application Insights:
Food and beverages was the largest application segment in 2017. Citric acid is used as a food additive to improve the taste of foods. It is also used in several processed foods such as cakes, candies, frozen desserts, pies and soft drinks to enhance their flavor and appearance. The product has a significant impact on consumer behavior towards brands, which positively influences business growth.
The personal care industry uses citric acid for manufacturing products such as shampoos, soaps, creams lotions & perfumes due to its antibacterial properties that help prevent skin infections caused by bacteria or fungi from growing on the surface of the skin (i.e., acne). In addition, it is also widely used for maintaining healthy hair growth by preventing dandruff flakes from falling off hair strands during shampooing procedures along with enhancing scalp healthiness.
Regional Analysis:
Asia Pacific citric acid powder market is anticipated to witness significant growth over the forecast period owing to the increasing demand for food and beverages, personal care products, pharmaceuticals, and detergents. The region accounted for a revenue share of 31.1% in 2017 on account of high product consumption in industrial as well as domestic applications. Increasing disposable income levels coupled with growing population has resulted in increased product demand across various application segments including food and beverage industry, personal care products manufacturing sector among others.
The Middle East & Africa (MEA) citric acid powder market is expected to grow at a lucrative rate over the forecast period owing to rapid development witnessed by major economies such as Saudi Arabia along with other countries within the region such as UAE.
Growth Factors:
- Increasing demand for citric acid in food and beverage industry as a preservative and flavoring agent.
- Rising demand from pharmaceuticals and cosmetics industries for the use of citric acid in their products.
- Growing popularity of organic foods, which has led to an increase in the demand for natural preservatives such as citric acid powder.
- Rapid urbanization across emerging economies, which is resulting in an increase in disposable income and spending on processed foods & beverages by the population.
Scope Of The Report
Report Attributes
Report Details
Report Title
Citric Acid Powder Market Research Report
By Type
Citric Acid Anhydrous, Citric Acid Monohydrate
By Application
Food and Beverages, Pharmaceuticals and Personal Care, Detergents and Cleansers Others
By Companies
Hemadri Chemicals, Weifang Ensign Industry, TTCA, RZBC Group, Tate & Lyle, S.A. Citrique Belge N.V., Archer Daniels Midland Company, Cargill Incorporated, Shandong Juxian Hongde Citric Acid Company, Huangshi Xinghua Biochemical
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Citric Acid Powder Market Report Segments:
The global Citric Acid Powder market is segmented on the basis of:
Types
Citric Acid Anhydrous, Citric Acid Monohydrate
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 Beverages, Pharmaceuticals and Personal Care, Detergents and Cleansers Others
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:
- Hemadri Chemicals
- Weifang Ensign Industry
- TTCA
- RZBC Group
- Tate & Lyle
- S.A. Citrique Belge N.V.
- Archer Daniels Midland Company
- Cargill Incorporated
- Shandong Juxian Hongde Citric Acid Company
- Huangshi Xinghua Biochemical
Highlights of The Citric Acid Powder 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:
- Citric Acid Anhydrous
- Citric Acid Monohydrate
- By Application:
- Food and Beverages
- Pharmaceuticals and Personal Care
- Detergents and Cleansers Others
- 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 Powder 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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 powder is a white crystalline powder that is derived from citrus fruits. It has a sour, acidic taste and can be used in food and beverage products to add tartness.
Some of the major companies in the citric acid powder market are Hemadri Chemicals, Weifang Ensign Industry, TTCA, RZBC Group, Tate & Lyle, S.A. Citrique Belge N.V., Archer Daniels Midland Company, Cargill Incorporated, Shandong Juxian Hongde Citric Acid Company, Huangshi Xinghua Biochemical.
The citric acid powder market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Citric Acid Powder 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 Powder 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 Powder Market - Supply Chain
4.5. Global Citric Acid Powder Market Forecast
4.5.1. Citric Acid Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Citric Acid Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Citric Acid Powder Market Absolute $ Opportunity
5. Global Citric Acid Powder 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 Powder Market Size and Volume Forecast by Type
5.3.1. Citric Acid Anhydrous
5.3.2. Citric Acid Monohydrate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Citric Acid Powder 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 Powder Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Pharmaceuticals and Personal Care
6.3.3. Detergents and Cleansers Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Citric Acid Powder 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 Powder 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 Powder 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 Powder 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 Powder Demand Share Forecast, 2019-2026
9. North America Citric Acid Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Pharmaceuticals and Personal Care
9.4.3. Detergents and Cleansers Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Citric Acid Powder Market Size and Volume Forecast by Type
9.7.1. Citric Acid Anhydrous
9.7.2. Citric Acid Monohydrate
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 Powder Demand Share Forecast, 2019-2026
10. Latin America Citric Acid Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Pharmaceuticals and Personal Care
10.4.3. Detergents and Cleansers Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Citric Acid Powder Market Size and Volume Forecast by Type
10.7.1. Citric Acid Anhydrous
10.7.2. Citric Acid Monohydrate
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 Powder Demand Share Forecast, 2019-2026
11. Europe Citric Acid Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Pharmaceuticals and Personal Care
11.4.3. Detergents and Cleansers Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Citric Acid Powder Market Size and Volume Forecast by Type
11.7.1. Citric Acid Anhydrous
11.7.2. Citric Acid Monohydrate
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 Powder Demand Share, 2019-2026
12. Asia Pacific Citric Acid Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Pharmaceuticals and Personal Care
12.4.3. Detergents and Cleansers Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Citric Acid Powder Market Size and Volume Forecast by Type
12.7.1. Citric Acid Anhydrous
12.7.2. Citric Acid Monohydrate
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 Powder Demand Share, 2019-2026
13. Middle East & Africa Citric Acid Powder 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 Powder 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 Powder Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Pharmaceuticals and Personal Care
13.4.3. Detergents and Cleansers Others
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 Powder Market Size and Volume Forecast by Type
13.7.1. Citric Acid Anhydrous
13.7.2. Citric Acid Monohydrate
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 Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Citric Acid Powder Market: Market Share Analysis
14.2. Citric Acid Powder Distributors and Customers
14.3. Citric Acid Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hemadri Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Weifang Ensign Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TTCA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RZBC Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tate & Lyle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. S.A. Citrique Belge N.V.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Archer Daniels Midland Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cargill Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Juxian Hongde Citric Acid Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huangshi Xinghua Biochemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
