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Global Organic Acids Market to Reach over US$ 13.2 Bn by 2026; Booming Food & Beverage Industry to Propel Market Growth: Transparency Market Research

Albany, New York, September 19, 2019: 

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Significant Expansion in the Food & Beverage Industry to Drive Global Market

Demand for organic acids is extremely dependent on the food & beverages sectors, which is a prominent end-use industry for organic acids. Moreover, an increase in population and GDP growth in region across the word are expected to boost demand for organic acids. Furthermore, expansion in the pharmaceuticals industry is anticipated to fuel demand for organic acids during the forecast period. Organic acids act as antioxidants, flavoring agents, and preservatives in the bakery, confectionery, dairy, beverage, and other food industries. Demand for organic acids from the food & beverage industry is projected to increase in the coming years.

Acetic Acid Segment to Gain Market Share

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Food & Beverage a Highly Promising Application Segment

In terms of application, the organic acid market has been segmented into bakery & confectionery, diary, beverages, poultry, meat, seafood, livestock feed, animal feed, pharmaceuticals, industrial, and others. The bakery & confectionery segment is projected to hold a major share of the global organic acid market during the forecast period. Organic acid is either naturally present in foods or is chemically synthesized and added, directly or indirectly, to food products. Some of it is formed during the fermentation of carbohydrates in foods. Organic acids are widely used as food additives and preservatives in order to avoid food deterioration and extend the shelf life of various food products. Thus, determining organic acid content in food products is important, since these compounds contribute to the flavor and aromatic properties. Besides this, organic acids can influence the preservation of foods and beverages. 

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Market in Asia Pacific to Expand at a Rapid Pace

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Key Players to Continue to Lead Global Market

The report provides profiles of leading players operating in the global metal roofing market such as Archer-Daniels-Midland Company, Cargill Incorporated, BASF S.E., BioAmber Inc, Genomatica, Inc., Henan Jindan Lactic Acid Technology Co., Ltd., Fuso Chemical Co., Ltd., Koninklijke DSM N.V., Celanese Corporation, Corbion, DowDuPont Inc., Eastman Chemical Company, Elekeiroz SA, LUXI Group, GC Innovation America, NatureWorks LLC, Polynt SpA, and Tate & Lyle. Key players are involved in partnerships, joint ventures, and collaborations with food & beverage and livestock feed manufactures, respectively, to meet the rising demand of organic acids. 

The global organic acids market has been segmented as follows:

Global Organic Acids Market, by Product Type

  • Acetic Acids
  • Citric Acids
  • Formic Acids
  • Propionic Acids
  • Lactic Acids
  • Fumaric Acids
  • Ascorbic Acids
  • Gluconic Acids
  • Others (butyric acid, uric acid, oxalic acid, etc.)

Global Organic Acids Market, by Application

  • Bakery & Confectionery
  • Dairy
  • Beverages
  • Poultry, meat, and seafood
  • Livestock Feed
  • Animal Feed
  • Pharmaceuticals
  • Industrial
  • Others (Textile, Cosmetics, Packaging, etc.) 

Global Organic Acids Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Nordic
  • Asia Pacific
    • Japan
    • China
    • India
    • Malaysia
    • Thailand
    • Singapore
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • GCC
    • Nigeria
    • Israel 

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 

Contact

Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com/

 

Tags: Global Organic Acid market, Organic Acid market revenue, Organic Acid Market Share, Organic Acid Market Size, Organic Acid market trends

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Contact Information:
Transparency Market Research, 90 Sate Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email:
[email protected] Website: https://www.transparencymarketresearch.com/

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Global Organic Acids Market to Reach over US$ 13.2 Bn by 2026; Booming Food & Beverage Industry to Propel Market Growth: Transparency Market Research

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