Global Acidity Regulators Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 an
Global Acidity Regulators Market: By Product Type (Lactic Acid, Citric Acid, Maleic Acid, Acetic Acid, Adipic Acid, and Fumaric Acid), By Application (Bakery and Confectionery, Sauces Dressings and Condiments, Beverages, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global acidity regulators market was valued at US $ XX Mn and expected to grow at 7.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Acidity Regulators Market
Acidity regulators are the food additives that are used to enhance the taste of the food. They are added to the food to maintain or balance the pH. They include sorbic acid, benzoic acid, sodium acid, propionic acid, and acetic acid. They are used extensively on food and beverage industries.
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Market Dynamics: Acidity Regulators Market
Increase in the urbanization is the key factor enhancing the growth of the acidity regulators market. Rising adoption of the convenience food is enhancing the growth of the market. Rising purchasing power of the consumers is adding fuel for the growth of the market. The increase in the research and development is providing opportunity for the manufacturers for the expansion, which is anticipated to drive the growth of the market. However, the stringent government regulations are likely to hamper the growth of the acidity regulators market
Market Scope: Acidity Regulators Market
Acidity regulators market is segmented based on the product type, and application.
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Based on the product type, the market is segmented into the following:
Lactic Acid
Citric Acid
Maleic Acid
Acetic Acid
Adipic Acid
Fumaric Acid
Based on the application, the market is segmented into the following:
Bakery and Confectionery
Sauces Dressings and Condiments
Beverages
Others
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Regional Analysis: Acidity Regulators Market
Geographically, global acidity regulators market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America and Europe acidity regulators markets hold dominant market share in the global acidity regulators market. The change in lifestyle and changing food habits are the key factors attributed for the growth of the market in these regions. Asia Pacific is expected to grow exponentially over the forecast period owing to the presence of huge consumer-base.
Competition Assessment: Acidity Regulators Market
Some of the players in the global acidity regulators market include:
Cargill Incorporated (U.S)
Brenntag Pacific Inc. (U.S)
Merko Group Llc (U.S)
American Tartaric Products Inc. (U.S)
Bartek Ingredients Inc. (Canada)
Fbc Industries Inc. (U.S)
Archer Daniels Midland Company (U.S)
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