Report Ocean published a recovery-based report for ‘Global Beverages Acidulants Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Beverages Acidulants Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2032. Beverages Acidulants are chemical compounds that are used to provide sour or acidic flavor to food products. Acetic acid & citric acid are commonly used as food additives in processed foods and beverages to impart sour taste and also to adjust the pH level, enhance flavour. Growing food and beverages sector and increasing awareness towards organic food products are key drivers for the growth of Beverages Acidulants market.
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For instance, according to global database management company Statista- in the year 2020, the global market for non-alcoholic drinks was valued at USD 1.03 trillion and by the year 2025 the revenue of the global non-alcoholic drinks market is estimated to reach to USD 1.44 trillion. Also, with the increasing consumption of beverages products in emerging economies and rising global population, the adoption & demand for Beverages Acidulants is likely to increase the market growth during the forecast period. However, supply chain disruption owing to covid pandemic impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Beverages Acidulants market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing consumption nonalcoholic beverages in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food and beverages industry and rising disposable income in the region would create lucrative growth prospects for the Beverages Acidulants market across Asia-Pacific region.
Major market player included in this report are:
Tate and Lyle,
Batory Nutra,
Archer Daniels Midland Company,
Northeast Pharmaceutical Group Co., Ltd.,
Cargill, Inc.,
FBC Industries, Inc.,
Isegen South Africa (Pty), Ltd.,
Weifang Ensign Industry Co., Ltd.,
The Sumo Food Ingredients (SFI)
Suntran Industrial Group Ltd.,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
Citric Acid
Acetic Acid
Fumaric Acid
Lactic Acid
Phosphoric Acid
Malic Acid
Tartaric Acid
Others
By Form:
Powder
Liquid
Granules
By Nature:
Organic
Synthetic
By End Use Industries:
Soft Drinks
Dairy-based Beverages
Fruit Juices and Concentrates
Alcoholic Beverages
Energy Drinks
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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