Acidity Regulators Market Analysis

Based on type, the acidity regulators market is segmented as citric acid, lactic acid, acetic acid, phosphoric acid, malic acid, tartaric acid, others. Citric acid held a majority market value of USD 1.6 billion in 2022. Citric acid is derived from citrus fruits, making it a popular choice for consumers seeking natural ingredients. The sour taste of citric acid enhances the flavor of beverages, confections, and processed foods. Moreover, an increasing usage will further accelerate the segmental growth.

Based on function, the acidity regulators market is segmented as acidulants, buffering agents, ph control agents, others. Acidulants held a dominant market share of around 30.7% in 2022 and is expected to grow at a lucrative pace through 2032. Acidity regulators are used to enhance or balance the flavors of various food and beverage products, providing the desired level of tartness or tanginess.

Based on application, the acidity regulators market is segmented as food & beverages, pharmaceuticals, personal care & cosmetics, industrial, others. Food & beverages held a dominant market share in 2022 and is anticipated to grow at 7.6%% CAGR by 2032. Acidity regulators enhance the taste profile of beverages by adding tartness or tanginess, creating a balanced and appealing flavor. Thus, the high-quality services and growing usage of Acidity regulators at food centres are anticipated to expedite the business expansion.

U.S. dominated the North American region with majority market share and a revenue of USD 0.9 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly seeking products with natural and recognizable ingredients. This demand drives the use of natural acidity regulators derived from sources like fruits and fermentation.