An organic acid is an organic compound that is characterized by weak acidic properties. It does not dissociate completely in the presence of water. Organic acids have lesser molecular mass and are miscible. The organic acids used in food are carboxylic acids. It belongs to carboxyl group that dissociates into a proton and conjugate base and endows acids with their acidic properties. Organic acids turn as antioxidants, emulsifiers, acidulants, flavor enhancers, and preservatives.
Increasing demand for organic acids in animal feed as a substitute for antibiotic growth promoters (AGP) driving the need for the organic acid market. Furthermore, the growing demand for tertiary processed food in a developed nation is also projected to influence the organic acid market significantly. Moreover, a wide range of application of organic acid in various areas such as antioxidant, flavor enhancer, coating, preservative, etc. is expected to fuel the upcoming market. Emerging production of organic acids from renewable resources is projected to generate untapped opportunity for the market participants.
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Leading Organic Acids Market Players:
- BASF SE
- Cargill, Incorporated
- Corbion N.V.,
- E. I. du Pont de Nemours and Company
- Eastman Chemical Company
- Henan Jindan Lactic Acid Technology Co. Ltd
- Koninklijke DSM N.V.,
- Myriant Corporation
- Tate & Lyle PLC
- The Archer Daniels Midland Company
The global organic acid market is segmented on the basis of type and application. Based on type, the market is segmented into acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, malic acid and other acids. On the basis of the application the market is segmented into food & beverages, feed, pharmaceuticals and industrial.
The Organic Acids Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Organic Acids Market to 2027 – Global Analysis and forecast is a specialized and in-depth study of the Organic Acids industry with a focus on the global market trend. The report provides an overview of global Organic Acids Market with detailed market segmentation by product/application and regions.
The global Organic Acids Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.
The Organic Acids Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Organic Acids Market based on product and application. It also provides market size and forecast till 2027 for overall Organic Acids Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Organic Acids Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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