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 :
The global acidity regulators market is estimated to observe a significant rise over the period of projection, from 2015 to 2021. In an attempt to control alkalinity and acidity of various food items, acid regulators find use as food additives widely. Acid regulators are also otherwise known as pH control agents. They could also be utilized as organic acids, minerals, buffering agents, neutralizing agents, and bases. They play a vital role in the food and beverage sector and find use in numerous applications such as sauces and dressings, processed food, confectionery items, condiments, beverages, and bakery items. Increased awareness about microbial action making an impact on the quality of food together with rising concerns about increased shelf life of food and beverage products is likely to drive the global acidity regulators market in the years to come.
Registering a growth rate of 7.3% CAGR over the projection period, the global acidity regulators market is likely to acquire market value worth US$ 6.43 billion toward the end of this projection period.
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.
Demand for Increased Shelf Life Boosts Growth of the Market
The acidity regulators play the role of food preservatives in a bid to better the shelf life and are utilized to regulate and stabilize the pH balance in food items. These regulators alter the taste of a certain food items by acting as gelling agents and adding up sharp taste. The acidity regulators can be produced synthetically or are derived from various natural sources. Strawberries, mangoes, lemons, apples, tomatoes, and organs are the natural sources from which acidity regulators are produced. Increased demand for food items such as noodles, tofu, and wafers is likely to support growth of the global acidity regulators market in the years to come.
Nevertheless, the global acidity regulators market is likely to observe advancements in food additives with improved acidity regulating and food preserving capabilities. The expanding spectrum of use of the product in addition to being used as regulators of acidity in the cosmetic and skincare applications is likely to develop the global acidity regulators market in the years to come. The use of acid regulators renders the products less sensitive for the user skin.
In addition, rise in the demand from processed food and beverage industry is likely to support expansion of the global acidity regulators market over the projection period. Younger generation is increasingly interested in healthy processed food items. Furthermore, rise in the disposable income together with shortage of time has forced younger generation to opt for processed yet healthy ready to cook and packaged food items. Frozen food, dried food, and canned food items make use of acidity regulators, which is likely to boost growth of the market in years to come.
However, regular consumption of acid regulators is likely to impact human health adversely. It often leads to vomiting, diarrhea, and nausea, which is estimated to hamper growth of the global acidity regulators market in the years to come.
Asia Pacific to Offer Promising Growth Opportunities
On the basis of region, the global acidity regulators market is expected to observe strong growth in North America. Asia Pacific is estimate to follow North America closely in terms of both market share and revenue.
Driven by India and China, Asia Pacific is likely to observe high growth due to expansion in the food and beverage industry. In addition, high demand for processed food in India and China is likely to play as a stimulant for the growth of the acidity regulators market in Asia P
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