Organic Acids Market by Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Fumaric Acid & Others), Source (Biomass, Molasses, Starch & Chemical synthesis), Application (Industrial, Food & Feed), & by Region - Global Trend & Forecast to 2021 By MarketsandMarkets Published: May-2016 Single User : US $4650 Corporate User : US $7150 Browse more reports on Market Research @ http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals/organicchemicals . Š RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
Organic Acids Market: Global Trends & Forecast to 2021 “Organic acids market is projected to grow at a CAGR of 6.0%” The organic acids market is projected to reach USD 9.29 billion by 2021, at a CAGR of 6.0% from 2016 to 2021. The market is driven by factors such as wide areas of application across various industries, especially the growing F&B sector and R&D investments & technological innovations such as micro-encapsulation. The high growth potential in the Asian countries and untapped regions of the Latin American and African regions provide new growth opportunities for market players. “Acetic acid leads the market with the largest share in 2015” On the basis of type, the organic acids market was led by the acetic acid, followed by citric acid, formic acid, lactic acid, and others, in 2015.Acetic acid is used in wide areas of applications such as production of synthetic fibers and polymeric materials. It is largely used in food & beverage processing in the form of vinegar. The acid is largely consumed in China, the U.S., and most Western European countries. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
Organic Acids Market: Global Trends & Forecast to 2021 “China and India: the future of the organic acids market” China is the largest country to manufacture the organic acids in the world. The growth is driven by the less stringent regulations on manufacturing and trade in this country. The country also maintains a very large livestock population which requires high nutrition additives in feed. Moreover, in order to continue their lucrative trade ties with the European region, Chinese manufacturers of food and feed ingredients are increasingly using organic acids in their products. The increased per-capita income and growth of many small and medium scale industries have been driving the Indian market. Hence, India is projected to grow at the highest CAGR during the forecast period. Break-up of Primaries: By Company Type - Tier 1 – 20%, Tier 2 – 35% and Tier 3 – 45% By Designation – C level – 35%, Director level – 25%, Others – 40% By Region – North America – 30%,Europe – 20%, Asia-Pacific - 45%, RoW – 5% © RnRMarketResearch.com ; sales@nrmarketresearch.com ; +1 888 391 5441
Organic Acids Market: Global Trends & Forecast to 2021 The leading players for the organic acids industry areCargill, Incorporated (U.S.), BASF SE (Germany), the Dow Chemical Company (U.S.), Tate & Lyle Plc (U.K.), E.I. du Pont de Nemours and Company (U.S.), Eastman Chemical Company (U.S.), Archer Daniels Midland Company (U.S.), Myriant Corporation (U.S.), Calanese Corporation (U.S.), and Henan Jindan Lactic Acid Technology Co. Ltd (China). Complete report on Organic Acids Market spread across 135 pages, 10 profiling companies and supported with 104 tables and 38 figures is now available at http://www.rnrmarketresearch.com/organic-acids-market-by-type-acetic-acid-citricacid-formic-acid-lactic-acid-propionic-acid-fumaric-acid-others-source-biomassmolasses-starch-chemical-synthesis-application-industrial-food-feed-st-to-2021market-report.html .
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Organic Acids Market: Global Trends & Forecast to 2021 Table of Contents: 1 Introduction 2 Research Methodology
3 Executive Summary 4 Premium Insights
7 Organic Acids Market, By Type 8 Organic Acid, By Source 9 Organic Acid Market, By Application 10 Organic Acids Market, By Region
5 Market Overview 6 Industry Trends Purchase a copy of this report : http://www.rnrmarketresearch.com/contacts/purchase?rname=605460 . Š RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
Organic Acids Market: Global Trends & Forecast to 2021 For more details contact Mr. Ritesh Tiwari: sales@rnrmarketresearch.com / +18883915441
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