Global Encapsulated Citric Acid Market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030 from USD 0.8 billion in 2018. The market is driven by the increasing demand for encapsulated citric acid in food and beverages industry, dietary supplements industry, chemical industry and others such as pharmaceuticals and cosmetics.
The global encapsulated citric acid market is segmented on the basis of type into polymer coated, hydrogenated vegetable oil, palm oil, cottonseed oil; on the basis of application into food and beverages, dietary supplements, chemical industry; on the basis of region into North America (US, Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
- The global Encapsulated Citric Acid market is driven by factors such as increasing demand for food and beverages, growing population, and rising disposable income in developing economies such as China and India.
- Increasing demand for food and beverages is one of the major drivers of the global Encapsulated Citric Acid market growth due to its use in various food products such as soft drinks, fruit juices, jams & jellies, sauces & condiments etc, which are consumed on a daily basis by people across the globe.
- Growing population is another factor driving the global Encapsulated Citric Acid market growth due to increased consumption of processed foods that require citric acid for preservation purposes or flavor enhancement purposes in developing economies such as China and India where there has been an increase in per capita income levels over time leading to an increase in consumption levels of processed foods with citric acid content being higher than natural fruits or vegetables containing citric acid content naturally occurring therein; this has led to an increased demand for processed foods with high citric acid content which has resulted into an increased demand for encapsulated citrics acids globally over time leading to a rise in revenue generation from this product segment globally over time; this trend will continue till 2025 when it will reach its peak level before declining gradually thereafter till 2035 when it will start declining gradually again after reaching its peak level during 2025-2035 period respectively; however these trends are subject to change based on various factors including economic conditions prevailing at any given point of time across different regions globally including Asia Pacific (APAC), Europe (EU), North America (NA) etc, technological advancements made by companies operating within this industry space globally including new product launches/introductions by companies operating within this industry space worldwide etc, government regulations pertaining thereto imposed by governments across different regions worldwide including APAC region comprising countries like China, Japan etc, EU region comprising countries like Germany etc, NA region comprising countries like US; these trends are also subject to change based on other factors influencing these markets locally or internationally at any given point of time during 2018-2025 period respectively; hence there can be no assurance about future trends until they actually happen during 2018-2025 period respectively.
Industry Growth Insights published a new data on “Encapsulated Citric Acid Market”. The research report is titled “Encapsulated Citric Acid Market research by Types (Polymer Coated, Hydrogenated Vegetable Oil, Palm Oil, Cottonseed Oil, Others, ), By Applications (Food and Beverages, Dietary Supplements, Chemical Industry, ), By Players/Companies Balchem Corporation, Lamirsa Group (VEDEQSA), Watson Inc., Gadot Biochem Europe BV, Pittsburgh Spice & Seasoning Company, Anmol Chemicals”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Encapsulated Citric Acid Market Research Report
By Type
Polymer Coated, Hydrogenated Vegetable Oil, Palm Oil, Cottonseed Oil, Others,
By Application
Food and Beverages, Dietary Supplements, Chemical Industry,
By Companies
Balchem Corporation, Lamirsa Group (VEDEQSA), Watson Inc., Gadot Biochem Europe BV, Pittsburgh Spice & Seasoning Company, Anmol Chemicals
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Encapsulated Citric Acid Market Report Segments:
The global Encapsulated Citric Acid market is segmented on the basis of:
Types
Polymer Coated, Hydrogenated Vegetable Oil, Palm Oil, Cottonseed Oil, Others,
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, Dietary Supplements, Chemical Industry,
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:
- Balchem Corporation
- Lamirsa Group (VEDEQSA)
- Watson Inc.
- Gadot Biochem Europe BV
- Pittsburgh Spice & Seasoning Company
- Anmol Chemicals
Highlights of The Encapsulated Citric Acid 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:
- Polymer Coated
- Hydrogenated Vegetable Oil
- Palm Oil
- Cottonseed Oil
- Others
- By Application:
- Food and Beverages
- Dietary Supplements
- Chemical Industry
- 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 Encapsulated Citric Acid 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.
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- Correctly Positioning New Products
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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?
Encapsulated citric acid is a type of dietary supplement that is made from calcium citrate. It is used to help improve the body's absorption of other nutrients, such as iron and vitamin C.
Some of the major players in the encapsulated citric acid market are Balchem Corporation, Lamirsa Group (VEDEQSA), Watson Inc., Gadot Biochem Europe BV, Pittsburgh Spice & Seasoning Company, Anmol Chemicals.
The encapsulated citric acid market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Encapsulated Citric Acid 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. Encapsulated Citric Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Encapsulated Citric Acid Market - Supply Chain
4.5. Global Encapsulated Citric Acid Market Forecast
4.5.1. Encapsulated Citric Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Encapsulated Citric Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Encapsulated Citric Acid Market Absolute $ Opportunity
5. Global Encapsulated Citric Acid 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. Encapsulated Citric Acid Market Size and Volume Forecast by Type
5.3.1. Polymer Coated
5.3.2. Hydrogenated Vegetable Oil
5.3.3. Palm Oil
5.3.4. Cottonseed Oil
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Encapsulated Citric Acid 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. Encapsulated Citric Acid Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Dietary Supplements
6.3.3. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Encapsulated Citric Acid 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. Encapsulated Citric Acid 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 Encapsulated Citric Acid 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. Encapsulated Citric Acid 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 Encapsulated Citric Acid Demand Share Forecast, 2019-2026
9. North America Encapsulated Citric Acid 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 Encapsulated Citric Acid 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 Encapsulated Citric Acid Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Dietary Supplements
9.4.3. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Encapsulated Citric Acid Market Size and Volume Forecast by Type
9.7.1. Polymer Coated
9.7.2. Hydrogenated Vegetable Oil
9.7.3. Palm Oil
9.7.4. Cottonseed Oil
9.7.5. Others
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 Encapsulated Citric Acid Demand Share Forecast, 2019-2026
10. Latin America Encapsulated Citric Acid 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 Encapsulated Citric Acid 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 Encapsulated Citric Acid Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Dietary Supplements
10.4.3. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Encapsulated Citric Acid Market Size and Volume Forecast by Type
10.7.1. Polymer Coated
10.7.2. Hydrogenated Vegetable Oil
10.7.3. Palm Oil
10.7.4. Cottonseed Oil
10.7.5. Others
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 Encapsulated Citric Acid Demand Share Forecast, 2019-2026
11. Europe Encapsulated Citric Acid 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 Encapsulated Citric Acid 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 Encapsulated Citric Acid Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Dietary Supplements
11.4.3. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Encapsulated Citric Acid Market Size and Volume Forecast by Type
11.7.1. Polymer Coated
11.7.2. Hydrogenated Vegetable Oil
11.7.3. Palm Oil
11.7.4. Cottonseed Oil
11.7.5 Others
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 Encapsulated Citric Acid Demand Share, 2019-2026
12. Asia Pacific Encapsulated Citric Acid 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 Encapsulated Citric Acid 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 Encapsulated Citric Acid Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Dietary Supplements
12.4.3. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Encapsulated Citric Acid Market Size and Volume Forecast by Type
12.7.1. Polymer Coated
12.7.2. Hydrogenated Vegetable Oil
12.7.3. Palm Oil
12.7.4. Cottonseed Oil
12.7.5. Others
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 Encapsulated Citric Acid Demand Share, 2019-2026
13. Middle East & Africa Encapsulated Citric Acid 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 Encapsulated Citric Acid 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 Encapsulated Citric Acid Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Dietary Supplements
13.4.3. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Encapsulated Citric Acid Market Size and Volume Forecast by Type
13.7.1. Polymer Coated
13.7.2. Hydrogenated Vegetable Oil
13.7.3. Palm Oil
13.7.4. Cottonseed Oil
13.7.5. Others
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 Encapsulated Citric Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Encapsulated Citric Acid Market: Market Share Analysis
14.2. Encapsulated Citric Acid Distributors and Customers
14.3. Encapsulated Citric Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Balchem Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lamirsa Group (VEDEQSA)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Watson Inc.
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 Biochem Europe BV
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pittsburgh Spice & Seasoning Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anmol Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
