Global Citric Acid Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

Segmented by Forms;

Anhydrous citric acid and Liquid citric acid.

Segmented by Functions;

Acidulant, Preservative, Antioxidant and Sequestrant.

Segmented by Applications;

Food and Pharmaceuticals & personal care.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2018 - 2028).
Report ID: Rn613930806 Published Date: May, 2022 Updated Date: June, 2022

Introduction

Global Citric Acid Market (USD Million), 2018 - 2028

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2018 - 2028
2018 59.3
2019 61.7
2020 64.0
2021 72.2
2022 82.5
2023 90.6
2024 102.5
2025 120.6
2026 133.9
2027 139.6
2028 167.1

In the year 2021, the Global Citric Acid Market was valued at USD 4,171.06 million. The size of this market is expected to increase to USD 5,313.93 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Forms
    2. Market Snapshot, By Functions
    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Citric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Consumption of Convenience Food & Beverage Products
        2. Multi-Functionality of Citric Acid, A Key Feature
        3. Increasing Need for Food Safety
        4. Research & Development Driving Innovation
      2. Restraints
        1. Competition for Basic Raw Materials
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Citric Acid Market, By Forms, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Anhydrous citric acid
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Liquid citric acid
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    2. Global Citric Acid Market, By Functions, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Acidulant
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Preservative
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Antioxidant
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        4. Sequestrant
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    3. Global Citric Acid Market, By Applications, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Food
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Pharmaceuticals & personal care
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    4. Global Citric Acid Market, By Geography, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Forms, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Functions, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Applications, 2018 - 2028 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Archer Daniels Midland Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Cargill, Incorporated
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Tate & Lyle PLC
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Jungbunzlauer Suisse AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Cofco Biochemical (Anhui) Co., Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Huangshi Xinghua Biochemical Co.Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. RZBC Group Co. Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Weifang Ensign Industry Co., Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Gadot Biochemical Industries Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. S.A. Citrique Belge N.V.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Food & Beverage Food Processing And Equipment Equipment
Global Cold Chain Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Cold Chain Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Food & Beverage Consumer Food & Beverage Seaweeds
Global Commercial Seaweeds Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Commercial Seaweeds Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Food & Beverage Food Ingredients Label
Global Clean Label Ingredients Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Clean Label Ingredients Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Food & Beverage Consumer Food & Beverage Confectionery
Global Cocoa & Chocolate Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Cocoa & Chocolate Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...