Report Detail
Global Citric Acid Market Growth 2019-2024
- RnM3002113 |
- 22 February, 2019 |
- Global |
- 162 Pages |
- LPI(LP Information) |
- Other
Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms.
It is used widely as an acidifier, as a flavoring and chelating agent.
Global Citric Acid Market is driven by its increasing use in Food & Beverages, Pharmaceuticals & Personal Care and Detergents & Cleansers. The growth of these end-use industries, particularly in emerging economies of Asia Pacific region, is anticipated to boost the growth of the chemical over the projected period.
The bio-based and chelating characteristics of citric acid make it a viable solution to several toxic substances used for manufacturing detergents & cleaners, especially for household purposes. Rising awareness regarding cleanliness and hygiene is expected to augment the demand for detergents & cleaners.
Asia Pacific dominated the global industry, the Product Capacity accounted for above 67% of the global citric acid market in 2016.but the major consumption regions are Europe and North America, the consumption market share are 31.19% and 25.34% in 2016.
Rapid industrialization resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes.
Increasing healthcare expenditure coupled with rising number of ailments across the world is expected to augment the demand for pharmaceuticals. The demand for citric acid is projected to progress in tandem with the development of the pharmaceutical sector.
According to this study, over the next five years the Citric Acid market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Citric Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Citric Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Citric Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Powder Citric Acid
Liquid Citric Acid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverages
Pharmaceuticals & Personal Care
Detergents & Cleansers
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Weifang Ensign Industry Co., Ltd.
TTCA Co., Ltd
RZBC Group Co. Ltd.
Cofco Biochemical (Anhui) Co., Ltd.
Jungbunzlauer Suisse AG
Tate & Lyle
S.A. Citrique Belge N.V.
Archer Daniels Midland Company
Cargill Incorporated
Shandong Juxian Hongde Citric Acid Company Ltd
Huangshi Xinghua Biochemical Co.Ltd
Gadot Biochemical Industries Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Citric Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Citric Acid market by identifying its various subsegments.
Focuses on the key global Citric Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Citric Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Citric Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Citric Acid Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Citric Acid Consumption 2014-2024
- 2.1.2 Citric Acid Consumption CAGR by Region
- 2.2 Citric Acid Segment by Type
- 2.2.1 Powder Citric Acid
- 2.2.2 Liquid Citric Acid
- 2.3 Citric Acid Consumption by Type
- 2.3.1 Global Citric Acid Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Citric Acid Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Citric Acid Sale Price by Type (2014-2019)
- 2.4 Citric Acid Segment by Application
- 2.4.1 Food & Beverages
- 2.4.2 Pharmaceuticals & Personal Care
- 2.4.3 Detergents & Cleansers
- 2.4.4 Others
- 2.5 Citric Acid Consumption by Application
- 2.5.1 Global Citric Acid Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Citric Acid Value and Market Share by Application (2014-2019)
- 2.5.3 Global Citric Acid Sale Price by Application (2014-2019)
3 Global Citric Acid by Players
- 3.1 Global Citric Acid Sales Market Share by Players
- 3.1.1 Global Citric Acid Sales by Players (2017-2019)
- 3.1.2 Global Citric Acid Sales Market Share by Players (2017-2019)
- 3.2 Global Citric Acid Revenue Market Share by Players
- 3.2.1 Global Citric Acid Revenue by Players (2017-2019)
- 3.2.2 Global Citric Acid Revenue Market Share by Players (2017-2019)
- 3.3 Global Citric Acid Sale Price by Players
- 3.4 Global Citric Acid Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Citric Acid Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Citric Acid Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Citric Acid by Regions
- 4.1 Citric Acid by Regions
- 4.1.1 Global Citric Acid Consumption by Regions
- 4.1.2 Global Citric Acid Value by Regions
- 4.2 Americas Citric Acid Consumption Growth
- 4.3 APAC Citric Acid Consumption Growth
- 4.4 Europe Citric Acid Consumption Growth
- 4.5 Middle East & Africa Citric Acid Consumption Growth
5 Americas
- 5.1 Americas Citric Acid Consumption by Countries
- 5.1.1 Americas Citric Acid Consumption by Countries (2014-2019)
- 5.1.2 Americas Citric Acid Value by Countries (2014-2019)
- 5.2 Americas Citric Acid Consumption by Type
- 5.3 Americas Citric Acid Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Citric Acid Consumption by Countries
- 6.1.1 APAC Citric Acid Consumption by Countries (2014-2019)
- 6.1.2 APAC Citric Acid Value by Countries (2014-2019)
- 6.2 APAC Citric Acid Consumption by Type
- 6.3 APAC Citric Acid Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Citric Acid by Countries
- 7.1.1 Europe Citric Acid Consumption by Countries (2014-2019)
- 7.1.2 Europe Citric Acid Value by Countries (2014-2019)
- 7.2 Europe Citric Acid Consumption by Type
- 7.3 Europe Citric Acid Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Citric Acid by Countries
- 8.1.1 Middle East & Africa Citric Acid Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Citric Acid Value by Countries (2014-2019)
- 8.2 Middle East & Africa Citric Acid Consumption by Type
- 8.3 Middle East & Africa Citric Acid Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Citric Acid Distributors
- 10.3 Citric Acid Customer
11 Global Citric Acid Market Forecast
- 11.1 Global Citric Acid Consumption Forecast (2019-2024)
- 11.2 Global Citric Acid Forecast by Regions
- 11.2.1 Global Citric Acid Forecast by Regions (2019-2024)
- 11.2.2 Global Citric Acid Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Citric Acid Forecast by Type
- 11.8 Global Citric Acid Forecast by Application
12 Key Players Analysis
- 12.1 Weifang Ensign Industry Co., Ltd.
- 12.1.1 Company Details
- 12.1.2 Citric Acid Product Offered
- 12.1.3 Weifang Ensign Industry Co., Ltd. Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Weifang Ensign Industry Co., Ltd. News
- 12.2 TTCA Co., Ltd
- 12.2.1 Company Details
- 12.2.2 Citric Acid Product Offered
- 12.2.3 TTCA Co., Ltd Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 TTCA Co., Ltd News
- 12.3 RZBC Group Co. Ltd.
- 12.3.1 Company Details
- 12.3.2 Citric Acid Product Offered
- 12.3.3 RZBC Group Co. Ltd. Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 RZBC Group Co. Ltd. News
- 12.4 Cofco Biochemical (Anhui) Co., Ltd.
- 12.4.1 Company Details
- 12.4.2 Citric Acid Product Offered
- 12.4.3 Cofco Biochemical (Anhui) Co., Ltd. Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Cofco Biochemical (Anhui) Co., Ltd. News
- 12.5 Jungbunzlauer Suisse AG
- 12.5.1 Company Details
- 12.5.2 Citric Acid Product Offered
- 12.5.3 Jungbunzlauer Suisse AG Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Jungbunzlauer Suisse AG News
- 12.6 Tate & Lyle
- 12.6.1 Company Details
- 12.6.2 Citric Acid Product Offered
- 12.6.3 Tate & Lyle Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Tate & Lyle News
- 12.7 S.A. Citrique Belge N.V.
- 12.7.1 Company Details
- 12.7.2 Citric Acid Product Offered
- 12.7.3 S.A. Citrique Belge N.V. Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 S.A. Citrique Belge N.V. News
- 12.8 Archer Daniels Midland Company
- 12.8.1 Company Details
- 12.8.2 Citric Acid Product Offered
- 12.8.3 Archer Daniels Midland Company Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Archer Daniels Midland Company News
- 12.9 Cargill Incorporated
- 12.9.1 Company Details
- 12.9.2 Citric Acid Product Offered
- 12.9.3 Cargill Incorporated Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Cargill Incorporated News
- 12.10 Shandong Juxian Hongde Citric Acid Company Ltd
- 12.10.1 Company Details
- 12.10.2 Citric Acid Product Offered
- 12.10.3 Shandong Juxian Hongde Citric Acid Company Ltd Citric Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Shandong Juxian Hongde Citric Acid Company Ltd News
- 12.11 Huangshi Xinghua Biochemical Co.Ltd
- 12.12 Gadot Biochemical Industries Ltd.
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Citric Acid . Industry analysis & Market Report on Citric Acid is a syndicated market report, published as Global Citric Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Citric Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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