The food acidulants market is valued at USD 2.6 billion in 2023 and is estimated to reach a value of USD 4.5 billion by 2033, registering a CAGR of 5.4% during the forecast period. A few influencing factors that increase the sales of food acidulants are:
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 5.4% |
| Market Valuation (2023) | 2.6 Billion |
| Market Valuation (2033) | 4.5 Billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The demand for food acidulants in the food and beverages industry to improve the flavor and prevent enzymatic browning. The growing demand for cold drinks and other carbonated beverages is surging the market share during the forecast period.
There is increasing adoption of tartaric acid due to its antioxidant function, which is estimated to drive market expansion. Manufacturers avoid harmful and inorganic acidulants that may injure cooking staff by irritating the skin, respiratory system, and eyes. The growing adoption of food acidulants to increase the shelf life of food and maintain quality is fuelling market growth.
The rising demand for milk, meat, and eggs is bolstering the demand for food acidulants. Nowadays, an increase in the innovation of food and exotic beverages blends with citric acid is enhancing the market trends. The uplifting demand for citric acid for syrups, desserts, and confections is growing in market share. Moreover, increasing trends of ready-to-eat and drink are bolstering the adoption of food acidulants in several food and beverages during the forecast period.
According to Future Market Insights’ analysis, the market has grown at 4.9% CAGR from 2017 to 2022 with a valuation of USD 2.5 Billion.
Short Term (2022 to 2025): The growing demand for preserved food, disposable income, and adoption of citric acid drive market growth.
Medium Term (2025 to 2028): Increasing innovation of exotic food and beverages and fermentation in beverages enhance market expansion.
Long Term (2028 to 2032): The government initiative policies and FDA approval on certain acids for cooking meals contribute towards increasing market opportunities.
The food acidulants market is estimated to reach a value of USD 4.5 Billion by 2033, expanding at a CAGR of nearly 5.4% over the forecast period.
Principal Consultant
| Segments | Application |
|---|---|
| Top Categories | Bakery and Confectionery |
| Historic CAGR | 4.3% |
| Forecast CAGR | 5.2% |
| Segments | Foam |
|---|---|
| Top Categories | Powder |
| Historic CAGR | 4.4% |
| Forecast CAGR | 5.6% |
The market is classified into different segments, such as bakery & confectionery, drinks, dairy products, meat & poultry, on the basis of application type. Among these segments, the bakery and confectionery segment is leading the market by witnessing a CAGR of 5.2% during the forecast period.
Demand for food acidulants in the food sector is expected to increase as the demand for packaged food grows. Food acidulants extend the shelf life of products. The historic CAGR for bakery and confectionery stood at 4.3% from 2017 to 2022.
The market is divided into liquid and powder foam segments based on foam. The powder segment dominates the market by capturing a CAGR of 5.6% during the forecast period. Powder foam is widely produced and consumed around the world. There are most food additive manufacturers prefer to offer food acidulants in powder form because of their simplicity of use, storage, and transportation.
Due to its simplicity of use, storage, and transportation, most food additive manufacturers in the market offer their food acidulants in powder form.
Furthermore, powder-food acidulants are commonly utilized in animal diets because they are less expensive than liquid food and need less maintenance. Consequently, the segment is expected to get a larger market share throughout the forecast period. The historic CAGR for powder foam food acidulants stood at 4.3% from 2017 to 2022.
| Country | USA |
|---|---|
| CAGR (2017 to 2022) | 3.3% |
| CAGR (2023 to 2033) | 3.8% |
| Valuation (2023 to 2033) | USD 428.7 Million |
| Country | United Kingdom |
|---|---|
| CAGR (2017 to 2022) | 4.0% |
| CAGR (2023 to 2033) | 4.5% |
| Valuation (2023 to 2033) | USD 134.2 Million |
| Country | China |
|---|---|
| CAGR (2017 to 2022) | 7.7% |
| CAGR (2023 to 2033) | 6.2% |
| Valuation (2023 to 2033) | USD 771.1 Million |
| Country | Japan |
|---|---|
| CAGR (2017 to 2022) | 2.7% |
| CAGR (2023 to 2033) | 3.3% |
| Valuation (2023 to 2033) | USD 89.4 Million |
| Country | India |
|---|---|
| CAGR (2017 to 2022) | 7.2% |
| CAGR (2023 to 2033) | 6.0% |
| Valuation (2023 to 2033) | USD 551.6 Million |
Consumption of Soft drinks, energy drinks, and juice drinks is steadily expanding in the USA, which results in the growing usage of acidulants in the beverage industry. Soft drinks have a lot of water and are heavy in vitamins and minerals. The USA is likely to witness a CAGR of 3.8% with a valuation of USD 428.7 Million during the forecast period.
As a result, acidulants use preservatives for beverages, including fruit-flavored beverages. Because of its widespread use in cola drinks, phosphoric acid provides a significant portion of the beverage market.
Consumers in the USA are more health conscious, and their demand for product specifics such as freshness and safety has increased. Acidulants are also used in food products such as pizza, bread, burgers, and pasta to extend their shelf life.
All these factors will have a beneficial impact on the market for food acidulants in North America. The interest of customers in food and beverage items prepared using safe ingredients is expected to stay high during forthcoming years, and this is the major factor propelling the natural food acidulants industry.
Indian market is rising in nutritious product exports and increased in-house nutritious product production. Because India exports certain products, the quality of the products is high and achieved by employing food acidulants. It will further help to fuel the market growth in the future. India records a CAGR rate of 6% with a valuation of USD 551.6 Million during the forecast period.
India is one of the leading exporters of food goods such as coffee, soybeans, and meat. Acidity regulators boost process efficiency while stabilizing the quality of fermented meat, which will help the processed meat sector to flourish in the future time span.
The rise of the United Kingdom-organized retail sector has increased the demand for packaged and ready-to-eat meals, which will further boost regional businesses. Consumer awareness regarding clean-label products is increasing regional product demand. The United Kingdom captures a CAGR of 4.5% with a valuation of USD 134.2 Million during the forecast period. Middle-class people in the United Kingdom prefer to have packaged regional items according to their cultural customs, which results in the market growth in this country.
According to their cultural customs, the country's middle class prefers packaged regional items. These reasons will aid the growth of the market in the United Kingdom.
The United Kingdom food acidulant market is also projected to benefit from the favorable government policies regulating the development of food acidulants, including the European Commission's acceptance of lactic acid as an extra safety instrument to decrease additional trace microbial contamination on cattle corpses.
By 2025, the Chinese market may witness significant growth, reaching a growth rate of over 4.5%. Growing demand for canned goods and beverages has resulted in the increasing use of acidulants in food processing, mainly for preservation. The United Kingdom records a CAGR rate of 6.2% with a valuation of USD 771.1 Million during the forecast period.
Moreover, there are some factors, such as high disposable income and consciousness about healthy products in countries with a high population like China, which have increased acidulant production and put pressure on western players to reduce the manufacturing costs to help the regional market for acidity regulators flourish.
The awareness of healthy products and High disposable income in countries with high populations like china has increased acidulant production and has put pressure on western players to lower manufacturing costs, which should help the regional market for acidity regulators flourish.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The food acidulants market is highly competitive on a global scale and moderately fragmented into both global and local companies. Each region has several local businesses fiercely competing with global players as domestic manufacturers have prices lower than most global players. To satisfy the expanding demand of global consumers and to strengthen their presence in the industry, key competitors are actively boosting their production capabilities.
Companies are investing in technological developments such as acid encapsulation to allow for controlled release and increased stability at certain temperatures, which will help the industry to grow. To meet growing worldwide demand, manufacturers are collaborating with various research institutes to produce new products.
Recent Developments in the Market
In 2021, KPS Capital Partners - a USA-based Company for acidulants products and industrial starches. The company acquires Tate & Lyle to control overall maximum business in the North America and Latin America regions to expand the market during the forecast period.
In 2021, Tate & Lyle announced its new construction of a biomass boiler in Brazil. The motto behind the construction is to reduce greenhouse gases and improve the environment.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Billion for Value |
| Key Countries Covered | USA, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa |
| Key Segments Covered | Type, Foam, Function, Application, Region |
| Key Companies Profiled | Tate & Lyle Plc.; Archer Daniels Midland Company; Brenntag AG; Cargill, Inc.; FBC Industries Inc.; Hawkins Watts Ltd.; Isegan South Africa (Pty) Ltd.; Jungbunzlauer Suisse AG; Merko Group LLC; Parchem Fine and Specialty Chemicals; Parry Enterprises India Ltd.; Purac Biochem BV; Univar Inc.; Weifang Ensing Industry Co. Ltd |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The food acidulants market is predicted to grow at 5.4% CAGR by 2033.
The food and Beverage industry drives the food acidulants market.
The food acidulants market is expected to surpass USD 4.5 Billion by 2033.
The current food acidulants market size is anticipated to be USD 2.6 Billion in 2023.
China is leading the food acidulants market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Type 5.1. Acetic Acid 5.2. Fumaric Acid 5.3. Citric Acid 5.4. Phosphoric Acid 5.5. Lactic Acid 5.6. Malic Acid 5.7. Tartaric Acid 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Form 6.1. Liquid 6.2. Powder 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Function 7.1. Flavor Enhancer 7.2. Microbial Control 7.3. pH Control 7.4. Preservative 7.5. Others 8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application 8.1. Bakery & Confectionary 8.2. Beverages 8.3. Dairy Food 8.4. Animal Nutrition 9. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. Middle East and Africa (MEA) 10. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Tate & Lyle Plc. 17.2. Archer Daniels Midland Company 17.3. Brenntag AG 17.4. Cargill, Inc. 17.5. FBC Industries Inc. 17.6. Hawkins Watts Ltd. 17.7. Isegan South Africa (Pty) Ltd. 17.8. Jungbunzlauer Suisse AG 17.9. Merko Group LLC 17.10. Parchem Fine and Specialty Chemicals 17.11. Parry Enterprises India Ltd. 17.12. Purac Biochem BV 17.13. Univar Inc. 17.14. Weifang Ensing Industry Co. Ltd 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Food and Beverage Insights
View Reports
Food Acidulants Market
