Last Updated: 23-07-2025 | Format: PDF | Report ID:10891 | Author: Manisha C
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $2,040 Million |
| What is the market CAGR from 2025 to 2035? | 5.3% |
| Which region dominates the market? | Midwest (29%) |
| Which product/service type dominates the market? | Citric Acid (38%) |
| Which application leads the market? | Beverages (36%) |
| Who are the major buyers? | Food & Beverage Manufacturers (56%), Bakery & Confectionery (17%) |
| What are the key market growth drivers? | Surging demand for clean-label and natural acidity regulators as consumers increasingly seek food products with transparent ingredient lists; Cargill Inc; Growth of ready-to-eat and processed foods in the US |
| What are the major market challenges? | Navigating complex and evolving food safety regulatory standards impacting new acidity regulator launches; Corbion NV collaborated with regulatory consultants in July 2024 to ensure full FDA compliance of novel lactic acid products; Fluctuations in raw material prices |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Archer Daniels Midland Company, Cargill Inc., Tate & Lyle plc, Jungbunzlauer Suisse AG, Corbion NV, Brenntag AG, Foodchem International Corporation, FBC Industries Inc., Tateho Chemical Industries Co. Ltd., Bartek Ingredients Inc., Parchem Fine & Specialty Chemicals, Hawkins Inc., Univar Solutions Inc., Atlantic Chemicals Trading GmbH, Weifang Ensign Industry Co. Ltd. |
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