Acidity Regulators Market
Acidity Regulators Market By Type (Citric Acid, Phosphoric Acid, Acetic Acid, Lactic Acid and Maleic Acid) and By Application (Beverages, Sauces Dressings and Condiments, Processed Foods, Bakery and Confectionery) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
Press Release :
Global Acidity Regulators Market Overview
For the given forecast period of 2015 to 2021, the global acidity regulators market is expected to witness a transforming growth. In an attempt to regulate acidity and alkalinity in several foods items, acid regulators are being increasingly used as food additives across the globe. These acid regulators are also called as pH controlling agents. They can also be used as minerals, buffering agents, organic acids, neutralizing agents, and bases as well. They play an important role in the global food and beverage sectors and have wide ranging applications such as dressings and sauces, bakery items, condiments, beverages, confectionery items, and processed food among others. Growing awareness about the microbial action creating solid impact on the overall quality of food coupled with increasing concerns about the average shelf life of food and beverage products is helping to drive the overall development of the global acidity regulators market in coming years.
According to the recent research report published by Transparency Market Research, the global acidity regulators market is expected to register a highly promising CAGR of 7.3% over the projection period of 2015 to 2021. This growth rate is expected to help the market reach a new valuation worth US$6.43 billion by the fall of 2021.
Improving Shelf Life of Food Products
The acidity regulators play an important role in production of food preservatives. These preservatives in turn help in improving the overalls shelf life of different food and beverages. These preservative also help in stabilizing and regulating pH balance in such products. These acidity regulators change the taste of some food items by functioning as gelling agent. They add up a sharp taste to these products. These regulators can also be manufactured artificially or can be derived from different natural sources. Tomatoes, lemons, apples, mangoes, and strawberries are some of the natural sources through which acidity regulators can be derived. Rise in demand for variety of food items such as wagers, tofu, and noodles, is expected to have a positive impact on the overall development of the global acidity regulators market in the near future.
In addition to this, the market is expected to witness more growth and advancements in terms of improving and optimizing food preserving capacities and acid regulating functions. The growing spectrum of the use of such products in skincare and cosmetic along with the basic use as acidity regulators is expected to drive the growth of the global market in coming years. The increasing use of acid regulators helps in making the cosmetic product less sensitive for the consumers’ skin.
Changing Food Habits to Drive Market Growth
Moreover, increasing demand from the processed food and beverage sector is projected to further fuel the overall development of the global acidity regulators market. The newer generation of consumers are more interested in consuming healthier processed food. Moreover, increase in the overall disposable income coupled with busier lifestyles has prompted this section of consumers to prefer processed by healthy ready to eat food items. Canned foods, dried food, and frozen food are all important processed food types that make use of acidity regulators. Such developments are also expected to help in overall development of the global market.
In coming years of the forecast period, the regional segment of Asia Pacific is expected to present most lucrative growth opportunities for the development of the global acidity regulators market. The market has been traditionally led by North America and it will continue to do so in the near future.
Some of the key players in the global acidity regulators market comprise Purac Biochem B.V., Corbion N.V., Innophos Holding Inc., Archer Daniels Midland, Univar Brenntag A.G., and Cargill Incorporated.
Acidity regulators, commonly known as pH control agents, are food additives mainly used to change or maintain the acidity or alkalinity of foods. Acidity regulators give a distinct flavor to foods and are also used for food preservation. This is because these food additives prevent microbial growth, thereby helping in food spoilage. Acidity regulators can be organic or mineral acids, neutralizing agents, bases, or buffering agents.
In this report, product, application, and geography are the criteria based on which the global acidity regulators market is segmented. Pertaining to the acidity regulators market, various indicators that will define trends in the market during the 2015-2021 period are examined at length. An array of illustrations depicts the progression of the major segments as well as the market in its entirety.
The report is compiled gathering data from industry-leading databases and using formidable tools for scrutiny of the information. Using proven analytical tools and allowing for handling errors, the report is all-inclusive for comprehending the trends, opportunities, and competitive hierarchical structure of the global acidity regulators market for the 2015-2021 period.
Overview of Global Acidity Regulators Market
The global acidity regulators market will be valued at US$6.3 bn by 2021, increasing from US$3.9 bn in 2014. This will amount the market to register a CAGR of 7.3% between 2015 and 2021.
According to the report, the expanding food and beverage industry is majorly driving the acidity regulators market. Food additives such as acidity regulators and acidifiers are essentially used for maintaining the appropriate pH of food items, ensuring food safety and a longer shelf life. The rising consumer base of individuals that spend a considerable chunk of money on processed foods and ready-to-drink beverages, combined with the increasing demand for condiments, sauces, and salad dressings, is accentuating the growth of the acidity regulators market. In addition, development of new techniques for acid extraction is further augmenting the growth of this market.
On the flip side, acidity regulators can cause nausea, vomiting, and diarrhea among humans, hampering the market’s growth. Acidity regulators, if consumed in excess quantities, are also related to tooth decay. Other than this, the presence of small manufacturers that supply low-cost products is hampering the growth of the global market for acidity regulators. Nevertheless, the varied use of acidity regulators in skincare and other cosmetic products will proffer opportunities for the market’s growth.
By product, acetic acid, phosphoric acid, lactic acid, citric acid, and maleic acid are the segments of the market. Citric acid represents the largest share of the overall market. The product segment is extensively used for bakery foods, non-alcoholic beverages, soft drinks, and processed foods. Citric acid is followed by phosphoric acid in terms of market share.
Confectionery, beverages, bakery, and sauces, dressings, and condiments are the application segments of the acidity regulators market. Of all, beverages exhibit a significantly high demand for acidity regulators.
The acidity regulators market is divided into the regional segments of North America, Europe, Asia Pacific, and Rest of the World. In the 2015-2021 period, Asia Pacific will be the fastest growing regional market. This will be followed by the Rest of the World region, which will emerge as the second fastest growing regional acidity regulators market.
Major Companies in Global Acidity Regulators Market
The report mentions Cargill Incorporated, Tate and Lyle plc, Univar Brenntag A.G., Archer Daniels Midland Co., Kerry Group, Corbion N.V., and Innophos Holding Inc. as the top companies that operate in the global acidity regulators market.
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
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- A clear understanding of the competitive landscape and key product segments