According to a recent market research report released by Transparency Market Research, the global acidity regulators market is estimated to expand at a CAGR of 7.3% during the period between 2015 and 2021. The report, titled “Acidity Regulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, projects the global acidity regulators market to be worth US$6.34 bn by 2021. The overall acidity regulators market was valued at US$3.93 bn in 2014.
Browse the full Acidity Regulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 report at http://www.transparencymarketresearch.com/acidity-regulators-market.html
Acidity regulators or pH control agents are extensively used in food additives to increase the shelf life of food products. The pH of a food refers to its acidity or alkalinity. Acidity regulators are used to alter the acidity or alkalinity in a food product in order to preserve and elongate its shelf life. The report cites that the increasing demand from the food and beverage industry has pushed the growth of the global acidity regulators market. Growing consumer base for processed foods and ready to drink beverages, coupled with increasing demand from the sauces, condiments, and dressing industries, has led to the expansion of the acidity regulators market. Technological advancements for extraction of acids are also expected to augment the growth of the market during the forecast horizon.
However, the report mentions that the side effects of the acidity regulators experienced by humans on consuming it such as vomiting, nausea, and diarrhea might restrict the market growth. Over consumption of acidity regulators leads to tooth decay. Existence of low cost suppliers in the global acidity regulators market will also pose as a challenge. The report states that the global acidity regulators market has a huge opportunity to grow with diverse application of acidity regulators in new and different products such as skincare and cosmetics.
On the basis of product type, the report segments the global acidity regulators market into acetic acid, citric acid, phosphoric acid, maleic acid, and lactic acid. Citric acid accounts for the largest share of the acidity regulators market worldwide owing to its extensive usage across bakery products, processed foods, non-alcoholic beverages, and soft drinks. Phosphoric acid holds the second largest market share.
In terms of application, the report categorizes the global acidity regulators market into processed foods, confectionary, bakery, beverages, and sauces, dressings, and condiments. The demand for acidity regulators from beverages segment is significantly high.The report studies the global acidity regulators market across four key regions: Europe, North America, Asia Pacific, and Rest of the World. Asia Pacific is the largest regional market for acidity regulators, closely followed by North America. During the forecast horizon, Asia Pacific is expected to be the fastest growing regional market. Rest of the World will emerge as the second fastest growing market for acidity regulators.
The report profiles some of the key players in the global acidity regulators market such as Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., Innophos Holding Inc., and Archer Daniels Midland Co.
The research study has been segmented as below:
Global Acidity Regulators Market, by product type
- Citric Acid
- Phosphoric Acid
- Acetic Acid
- Malic Acid
- Lactic Acid
Global Acidity Regulators Market, by application
- Processed Food
- Sauces and Condiments
Global Acidity Regulators Market, by geography
- North America
- Rest of the World
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