The Food Acidulants Market is Predict to reach USD 8.6 Billion by 2031, at a CAGR of 5.1%

04-Jul-2024 | Report Format: Electronic (PDF)

Food Acidulants Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Food Acidulants Market size is expected to reach $8.6 billion by 2031, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2023, the market attained a volume of 7,485.8 tonnes experiencing a growth of 15.9% (2020-2023).

Food acidulants are substances added to foods and beverages to impart a tart or acidic taste. They are used primarily for flavor enhancement, pH adjustment, and preservation purposes. Acidulants can be either natural or synthetic compounds, and they play a crucial role in food processing and formulation. Food acidulants find widespread applications across various segments of the food and beverage industry due to their versatile functionalities.

Food Acidulants Market Size - By Region

The Beverages segment led the Global Food Acidulants Market by Application in 2023; thereby, achieving a market value of $3.2 Billion by 2031. Acidulants play a crucial role in regulating the pH levels of beverages, ensuring acidity levels that are conducive to flavor stability and microbial safety. By controlling pH, acidulants help prolong the shelf life of beverages and maintain the intended sensory qualities, preventing rotting and quality deterioration.

Acidulants are commonly used to impart tangy or sour flavors to various food and beverage products. They enhance the taste profile of carbonated beverages, candies, fruit juices, and snacks. Acidulants play a crucial role in regulating the pH levels of food products. They help maintain acidity levels in processed foods like canned fruits, pickles, sauces, and salad dressings, contributing to flavor stability and preservation.

The Citric Acid segment is growing at a CAGR of 4.3 % during the forecast period. Citric acid is one of the most versatile acidulants in the food industry. It is widely utilized in various food and beverage applications because it imparts a tangy flavor, regulates pH levels, and acts as a preservative.

Full Report: https://www.kbvresearch.com/food-acidulants-market/

The Asia Pacific region dominated the Global Food Acidulants Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.2 Billion by 2031. The North America region is anticipated to grow at a CAGR of 4.5% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 4.7% during (2024 - 2031).

List of Key Companies Profiled

  • Tate & Lyle Plc
  • Brenntag SE
  • Univar Solutions, Inc.
  • Archer Daniels Midland Company
  • Jungbunzlauer Suisse AG
  • Cargill, Incorporated
  • Corbion N.V.
  • Bartek Ingredients Inc. (TorQuest Partners)
  • FBC Industries Inc.
  • Hawkins Watts Limited

Food Acidulants Market Report Segmentation

By Application (Volume, Tonnes, USD Billion, 2020-2031)

  • Beverages
  • Bakery & Confectionery
  • Dairy & Frozen Desserts
  • Meat Industry
  • Others

By Type (Volume, Tonnes, USD Billion, 2020-2031)

  • Citric Acid
  • Acetic Acid
  • Lactic Acid
  • Phosphoric Acid
  • Malic Acid
  • Others

By Geography (Volume, Tonnes, USD Billion, 2020-2031)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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