Global Citric Acid Market is expected to reach 1805.1 million USD by the end of 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
www.qyresearch.com
Beijing Hengzhou Bozhi International Information Consulting Web: qyresearchglobal.com | qyresearch.com TEL:+86-13660489419, Office:+86-2086655165 Media: press@qyresearch.com
Marketing: sales@qyresearchglobal.com Facebook: @QYResearchOfficial, Twitter: @QYResearch_
Wechat Official Account: QYResearch, Weibo: 恒州博智
www.qyresearch.com
QYResearch • The global Citric Acid market is valued at 1685.8 million USD in 2016 and is expected to reach 1805.1 million USD by the end of 2022, growing at a CAGR of 1.15% between 2016 and 2022.
• The top players cover Weifang Ensign Industry Co., Ltd., TTCA Co., Ltd, RZBC Group Co. Ltd., Cofco Biochemical (Anhui) Co., Ltd., Jungbunzlauer Suisse AG, Tate & Lyle etc., which are playing important roles in global Citric Acid market.
Click to view the full report TOC, figure and tables： https://www.qyresearch.com/index/detail/414055/global-citric-acid-cas-77-92-9-market
www.qyresearch.com
QYResearch • Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms. • It is used widely as an acidifier, as a flavoring and chelating agent. • Global Citric Acid Market expected to reach USD 1805.1 M USD by 2022 driven by its increasing use in Food & Beverages, Pharmaceuticals & Personal Care and Detergents & Cleansers. The growth of these end-use industries, particularly in emerging economies of Asia Pacific region, is anticipated to boost the growth of the chemical over the projected period. www.qyresearch.com
QYResearch
The bio-based and chelating characteristics of citric acid make it a viable solution to several toxic substances used for manufacturing detergents & cleaners, especially for household purposes. Rising awareness regarding cleanliness and hygiene is expected to augment the demand for detergents & cleaners, resulting in a volume CAGR of 5.23% over the projected period. Asia Pacific dominated the global industry, the Product Capacity accounted for above 67% of the global citric acid market in 2016.but the major consumption regions are Europe and North America, the consumption market share are 31.19% and 25.34% in 2016.
Rapid industrialization resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes.
www.qyresearch.com www.qyresearch.com
QYResearch
Market Segment by Regions, regional analysis covers North America Europe China Latin America Others
www.qyresearch.com www.qyresearch.com
QYResearch
Market Segment Applications, can be divided into Food & Beverages Pharmaceuticals & Personal Care Detergents & Cleansers Others
www.qyresearch.com www.qyresearch.com
QYResearch
Market Segment by Type, covers Powder Citric Acid Liquid Citric Acid
www.qyresearch.com www.qyresearch.com
QYResearch Citric Acid Competitive landscape and key vendors
Weifang Ensign Industry Co., Ltd. TTCA Co., Ltd RZBC Group Co. Ltd. Cofco Biochemical (Anhui) Co., Ltd. Jungbunzlauer Suisse AG Tate & Lyle S.A. Citrique Belge N.V. Archer Daniels Midland Company Cargill Incorporated Shandong Juxian Hongde Citric Acid Company Ltd Huangshi Xinghua Biochemical Co.Ltd Gadot Biochemical Industries Ltd. Niran (Thailand) Co., Ltd Sunshine Biotech International Co., Ltd. Sucroal S.A www.qyresearch.com
QYResearch
Request for more information@ sales@qyresearchglobal.com (use this link until we don’t have available new url for promotions) About Us: QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc. https://www.qyresearch.com/index/detail/414055/global-citric-acid-cas-77-92-9-market
www.qyresearch.com
QYResearch Contact US QY Research, INC. 17890 Castleton, Suite 218, City of industry, CA - 91748 USA: +1 626 295 2442 Email – sales@qyresearchglobal.com Web – www.qyresearch.com For other region, contact number given below +86 108 294 5717 Beijing +86 208 665 5165 Guangzhou +86 215 160 1757 Shanghai +852 3062 8839 HK +1 613 366 5094 Canada +81 903 800 9273 Japan
+49 176 813 78371Germany +44 203 734 8135 UK +33 172 813 308 France +55 613 181 0478 Brazil +91 114 046 9822 India +82 704 784 4013 Korea +65 315 821 22 Singapore www.qyresearch.com