Citric Acid Market is growing rapidly over 6.2% of CAGR and is expected to reach at USD ~3 Billion b

CITRIC ACID MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

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Citric Acid Market Market MARKET 2018 Citric Acid Market Market Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Market Synopsis of Citric Acid Market • The global citric acid has seen a potential growth over the past few years and as per MRFR analysis, global market will experience the same growth during the forecast period. The major factor behind the growth of global citric acid market are growing application industries namely food & beverages, cleaning & chelating agent, cosmetics, pharmaceuticals and others. Among these applications, food and beverages is expected to account the largest share followed by cosmetics and personal care. The rising consumption of food & beverages and personal care products has boosted the regional as well as global market. Geographically, Europe accounts for the largest market share of the worldwide production followed by North America and APAC. The global citric acid market size was valued at around USD 3 Billion in 2015 and is expected to cross USD 4 Billion at CAGR of 6.2% by 2022.

Study Objectives of Citric Acid Market • To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Citric Acid Market

• To provide insights about factors affecting the market growth • To analyze the Global Citric Acid Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

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Citric Acid Market Market MARKET 2018

Regional Analysis of Global Citric Acid Market Europe is the largest market for Citric Acid, followed by North America and APAC. The share of APAC is attributed to the increasing demand for functional food additives. The region has seen growing consumer preference towards processed and convenience food items. North America and APAC are seen as fast growing markets for the acid in almost all the industries such as food & beverages, cleaning agents, personal care and pharmaceuticals. The market is expected to show steady growth over the forecasted period.

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Citric Acid Market Market MARKET 2018 Regional Analysis Target Audience • Manufactures • Raw Materials Suppliers • Aftermarket suppliers • Research Institute / Education Institute • Potential Investors • Key executive (CEO and COO) and strategy growth manager.

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Citric Acid Market Market MARKET 2018 Application & Major Players in this Research: Key Players for Citric Acid Market Market:

 Archer-Daniels-Midland Company  Cargill  Incorporated,  Jungbunzlauer Suisse AG  RZBC Group Co. Ltd.

 Huangshi Xinghua Biochemical  Gadot Biochemical Industries Limited  S.A. Citrique Belge N.V

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