Home > Food & Beverages > Food Additives > Flavor Enhancers > Food Acidulants Market

Food Acidulants Market Size

  • Report ID: GMI3193
  • Published Date: Sep 2024
  • Report Format: PDF

Food Acidulants Market Size

The global food acidulants market size was valued at USD 6.39 billion in 2023 and is expected to grow at 6.3% CAGR from 2024 to 2032. Rising demand for acid regulators in beverages industry mainly in flavored water, energy and sparkling drinks. Acidulants offers beverage manufacturers a wide range of beneficial characteristics including palatability, sensory appeal and nutritive value which would enhance consumer captivity towards their product that should support product demand.

 

Additionally, rising consumer demand for natural and healthier food options, trends include increased use of organic and natural acidulants like citric acid and malic acid, spurred by clean label movements and regulatory support. Innovations in product formulations and sustainable sourcing are also shaping the market. Moreover, the expanding food and beverage industry, particularly in emerging economies, is fueling demand. Companies are focusing on strategic partnerships and technological advancements to enhance product offerings and capture market share.
 

Increased consumption of beverages is fueling demand for acidulants, as these ingredients enhance flavor and preserve freshness. Additionally, the rising popularity of processed meats is contributing to food acidulants market expansion, with acidulants playing a crucial role in extending shelf life and improving taste. The growing trend toward convenience foods also supports the market, as acidulants are essential in maintaining product quality and stability in ready-to-eat items.
 

Furthermore, the expansion of organized food retail, including supermarkets and specialty stores, is creating greater distribution opportunities for acidulants, further driving market growth. These factors collectively contribute to a robust and dynamic market globally.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size of food acidulants reached USD 6.39 billion in 2023 and is set to grow at 6.3% CAGR from 2024 to 2032, led by rising demand for acid regulators in beverages industry mainly in flavored water, energy and sparkling drinks.

The acetic acid product segment is projected to capture USD 4.32 billion by 2032 and demonstrate a 5.9% CAGR during 2024 to 2032.

The Asia Pacific market is projected to achieve USD 3.22 billion by 2032, with a CAGR of 7.1% from 2024 to 2032.

In 2023, the beverages application held a 50.1% share of the food acidulants market, amounting to USD 3.18 billion, and is projected to grow at a 6.6% CAGR from 2024 to 2032.

The leading companies in the industry include ADM, Univar Inc, Cargill, Brenntag, Tate & Lyle, Parchem Trading, Purac Biochem, Caremoli, Jungbunzlauer Suisse, and Bartek Ingredients.

Food Acidulants Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
 Download Free Sample