Food Acidulants Market Size, Share, Growth, Report 2032

Food Acidulants Market: Industry Perspective

The global food acidulants market size was worth around USD 6.27 billion in 2023 and is predicted to grow to around USD 9.89 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.2% between 2024 and 2032. The report analyzes the global food acidulants market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the food acidulants industry.

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The report covers forecasts and analyses for the global food acidulants market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historical data and a forecast from 2024 to 2032 based on volume (Billion Tons) and revenue (USD Billion).

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Food Acidulants Market: Growth Factors

The global food acidulant market witnessed substantial growth within a few years and is anticipated to grow at a significant rate within the forecast period.  There is vast potential in the food acidulants market owing to its variety of applications and growing demand in the market. Food acidulants are extensively utilized in the food and beverage industry due to their several properties. It acts as a flavorings agent, preservative, and additive wherein the preservative property increases the shelf life and of the perishable food items/drinks. Moreover, factors such as enhancement in taste, enhanced flavor, and larger shelf life play a significant role in lifting the demand for the food acidulant market.

Food Acidulants Market: Segmentation Analysis

The global food acidulants market has been segmented on the basis of type, animal type, compound, form, function and region.

Based on the type, the food acidulants market is segmented into propionic acid, fumaric acid, citric acid, lactic acid, sorbic acid, malic acid, acetic acid, and others. The citric acid is extracted from citrus fruits such as lemon, orange, and pomelos which are typically used in food products. Lactic acid is utilized to regulate acidity in processed food products where it acts as a preservative and antioxidant. The phosphoric acid is usually responsible for the pungent taste of cola drinks. The tartaric acid is found in fruits such as bananas and grapes also acts as an antioxidant and is generally used in sour-tasting sweets. Lastly, malic acid is used as a flavoring agent in sour confectionery which occurs from an unripe fruit. Based on the form, the food acidulants market is segmented into powder, liquid, and granules.

Food Acidulants Market: Regional Analysis

Geographically, North America is expected to witness the maximum growth owing to the rising acceptance of various types of beverages such as aerated drinks and energy drinks. In Europe, the food acidulants market is expected to be pushed by the growing demand for natural flavored and fruit juice drinks. Increasing convenience food product demand is likely to have a noticeable impact on the growth of the food acidulants market in the Asia-Pacific region over the forecast years.

Food Acidulants Market: Report Scope

Various factors are supporting industry growth. One of the major drivers that is expected to propel the industry growth is the rise in the demand for processed food as well as processed beverages. Factors such as the change in consumption patterns, consumer preference, and increase in disposable income have lifted the processed food market which has positively impacted the food acidulants market. However, the stringent food safety norms which may lead to huge compliance costs are anticipated to hinder the growth of the food acidulants market in the forecast years.

Some of the major players in the global food acidulants market 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.
• Shepard Bros.
• Jones Hamilton Co.
• Bartek Ingredients Inc.
• Parry Enterprises India Ltd. 
• Hexagon Overseas
• Corbion N.V.
• DairyChem

The global food acidulants market is segmented as follows:

By Type Analysis

• Propionic Acid
• Fumaric Acid
• Citric Acid
• Lactic Acid
• Sorbic Acid
• Malic Acid
• Acetic Acid
• Others

By Animal Type Analysis

• Poultry
• Ruminants
• Swine
• Aquaculture
• Pets
• Equine

By Compound Analysis

• Blended
• Single

By Form Analysis

• Dry
• Liquid

By Function Analysis

• pH Control
• Feed Efficiency
• Flavor

By Region Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa