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PUBLISHER: KBV Research | PRODUCT CODE: 1429157
PUBLISHER: KBV Research | PRODUCT CODE: 1429157
Europe Organic Acids Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Feed, Pharmaceuticals, and Industrial), By Type, By Country and Growth Forecast, 2023 - 2030
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The Europe Organic Acids Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 2,088.6 Kilo Tonnes, showcasing a growth of 5.9% (2019-2022).
The pharmaceutical industry has embraced acids for various purposes, including drug formulation, synthesis, and excipients. Adopting these acids in pharmaceuticals is driven by their unique chemical properties and compatibility with the human body. For example, salicylic acid, a type of organic acid, is a key component in producing aspirin, showcasing these compounds' critical role in medicine. The adoption of the acids in pharmaceutical applications will likely continue as the industry seeks innovative and sustainable solutions for drug development.
In chemical manufacturing, the adoption of the acids is evident in their role as fundamental building blocks for various chemical processes. Acetic acid, a widely produced organic acid, is a precursor for synthesizing polymers and other chemicals. The shift towards green chemistry and sustainable manufacturing practices has spurred interest in these acids as feedstocks. Adopting these acids in chemical manufacturing aligns with the broader industry trend towards reducing environmental impact and reliance on petrochemical-based raw materials.
According to Germany Trade and Invest, the food and beverage industry is the fourth largest industry in Germany, with a production value of 185.3 billion euros in 2020. As the demand for functional foods and beverages rises in Germany, organic acids may be incorporated into formulations to provide health benefits, contributing to developing products with added nutritional value. The growing emphasis on sustainability in the food and beverages sector aligns with using organic acids derived from renewable sources and contributes to developing more sustainable products in Germany. Expanding the food and beverages industry creates opportunities for innovation in Germany. Thus, all these factors will uplift the regional market's expansion in the coming years.
The Germany market dominated the Europe Organic Acids Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,629 million by 2030. The UK market is exhibiting a CAGR of 6.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.1% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages, Feed, Pharmaceuticals, and Industrial. Based on Type, the market is segmented into Acetic Acid, Citric Acid, Lactic Acid, Formic Acid, Propionic Acid, Ascorbic Acid, Gluconic Acid, Fumaric Acid, Malic Acid, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Cargill, Incorporated
- BASF SE
- The Dow Chemical Company
- Archer Daniels Midland Company
- Eastman Chemical Company
- Tate & Lyle PLC
- DuPont de Nemours, Inc.
- Corbion N.V.
- Koninklijke DSM N.V.
- Celanese Corporation
Europe Organic Acids Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Food & Beverages
- Feed
- Pharmaceuticals
- Industrial
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Acetic Acid
- Citric Acid
- Lactic Acid
- Formic Acid
- Propionic Acid
- Ascorbic Acid
- Gluconic Acid
- Fumaric Acid
- Malic Acid
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Organic Acids Market, by Application
- 1.4.2 Europe Organic Acids Market, by Type
- 1.4.3 Europe Organic Acids Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. Europe Organic Acids Market by Application
- 4.1 Europe Food & Beverages Market by Country
- 4.2 Europe Feed Market by Country
- 4.3 Europe Pharmaceuticals Market by Country
- 4.4 Europe Industrial Market by Country
Chapter 5. Europe Organic Acids Market by Type
- 5.1 Europe Acetic Acid Market by Country
- 5.2 Europe Citric Acid Market by Country
- 5.3 Europe Lactic Acid Market by Country
- 5.4 Europe Formic Acid Market by Country
- 5.5 Europe Propionic Acid Market by Country
- 5.6 Europe Ascorbic Acid Market by Country
- 5.7 Europe Gluconic Acid Market by Country
- 5.8 Europe Fumaric Acid Market by Country
- 5.9 Europe Malic Acid Market by Country
- 5.1 Europe Others Market by Country
Chapter 6. Europe Organic Acids Market by Country
- 6.1 Germany Organic Acids Market
- 6.1.1 Germany Organic Acids Market by Application
- 6.1.2 Germany Organic Acids Market by Type
- 6.2 UK Organic Acids Market
- 6.2.1 UK Organic Acids Market by Application
- 6.2.2 UK Organic Acids Market by Type
- 6.3 France Organic Acids Market
- 6.3.1 France Organic Acids Market by Application
- 6.3.2 France Organic Acids Market by Type
- 6.4 Russia Organic Acids Market
- 6.4.1 Russia Organic Acids Market by Application
- 6.4.2 Russia Organic Acids Market by Type
- 6.5 Spain Organic Acids Market
- 6.5.1 Spain Organic Acids Market by Application
- 6.5.2 Spain Organic Acids Market by Type
- 6.6 Italy Organic Acids Market
- 6.6.1 Italy Organic Acids Market by Application
- 6.6.2 Italy Organic Acids Market by Type
- 6.7 Rest of Europe Organic Acids Market
- 6.7.1 Rest of Europe Organic Acids Market by Application
- 6.7.2 Rest of Europe Organic Acids Market by Type
Chapter 7. Company Profiles
- 7.1 Cargill, Incorporated
- 7.1.1 Company Overview
- 7.1.2 Recent strategies and developments:
- 7.1.2.1 Partnerships, Collaborations, and Agreements:
- 7.1.3 SWOT Analysis
- 7.2 BASF SE
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Product Launches and Product Expansions:
- 7.2.6 SWOT Analysis
- 7.3 The Dow Chemical Company
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Archer Daniels Midland Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
- 7.5 Eastman Chemical Company
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Acquisition and Mergers:
- 7.5.6 SWOT Analysis
- 7.6 Tate & Lyle PLC
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental & Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
- 7.7 DuPont de Nemours, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Partnerships, Collaborations, and Agreements:
- 7.7.6 SWOT Analysis
- 7.8 Corbion N.V.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 Recent strategies and developments:
- 7.8.5.1 Product Launches and Product Expansions:
- 7.8.6 SWOT Analysis
- 7.9 Koninklijke DSM N.V.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 SWOT Analysis
- 7.10. Celanese Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Organic Acids Market, 2019 - 2022, USD Million
- TABLE 2 Europe Organic Acids Market, 2023 - 2030, USD Million
- TABLE 3 Europe Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 Europe Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 Europe Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 6 Europe Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 7 Europe Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 8 Europe Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 9 Europe Food & Beverages Market by Country, 2019 - 2022, USD Million
- TABLE 10 Europe Food & Beverages Market by Country, 2023 - 2030, USD Million
- TABLE 11 Europe Food & Beverages Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 Europe Food & Beverages Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 Europe Feed Market by Country, 2019 - 2022, USD Million
- TABLE 14 Europe Feed Market by Country, 2023 - 2030, USD Million
- TABLE 15 Europe Feed Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 Europe Feed Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 Europe Pharmaceuticals Market by Country, 2019 - 2022, USD Million
- TABLE 18 Europe Pharmaceuticals Market by Country, 2023 - 2030, USD Million
- TABLE 19 Europe Pharmaceuticals Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20 Europe Pharmaceuticals Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21 Europe Industrial Market by Country, 2019 - 2022, USD Million
- TABLE 22 Europe Industrial Market by Country, 2023 - 2030, USD Million
- TABLE 23 Europe Industrial Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24 Europe Industrial Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25 Europe Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 26 Europe Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 27 Europe Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 28 Europe Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 29 Europe Acetic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 30 Europe Acetic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 31 Europe Acetic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32 Europe Acetic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33 Europe Citric Acid Market by Country, 2019 - 2022, USD Million
- TABLE 34 Europe Citric Acid Market by Country, 2023 - 2030, USD Million
- TABLE 35 Europe Citric Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 Europe Citric Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 Europe Lactic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 38 Europe Lactic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 39 Europe Lactic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40 Europe Lactic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41 Europe Formic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 42 Europe Formic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 43 Europe Formic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 Europe Formic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 Europe Propionic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 46 Europe Propionic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 47 Europe Propionic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48 Europe Propionic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49 Europe Ascorbic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 50 Europe Ascorbic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 51 Europe Ascorbic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52 Europe Ascorbic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53 Europe Gluconic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 54 Europe Gluconic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 55 Europe Gluconic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 56 Europe Gluconic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 57 Europe Fumaric Acid Market by Country, 2019 - 2022, USD Million
- TABLE 58 Europe Fumaric Acid Market by Country, 2023 - 2030, USD Million
- TABLE 59 Europe Fumaric Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 60 Europe Fumaric Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 61 Europe Malic Acid Market by Country, 2019 - 2022, USD Million
- TABLE 62 Europe Malic Acid Market by Country, 2023 - 2030, USD Million
- TABLE 63 Europe Malic Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 64 Europe Malic Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 65 Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 66 Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 67 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 68 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 69 Europe Organic Acids Market by Country, 2019 - 2022, USD Million
- TABLE 70 Europe Organic Acids Market by Country, 2023 - 2030, USD Million
- TABLE 71 Europe Organic Acids Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 72 Europe Organic Acids Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 73 Germany Organic Acids Market, 2019 - 2022, USD Million
- TABLE 74 Germany Organic Acids Market, 2023 - 2030, USD Million
- TABLE 75 Germany Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 76 Germany Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 77 Germany Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 78 Germany Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 79 Germany Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 80 Germany Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 81 Germany Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 82 Germany Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 83 Germany Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 84 Germany Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 85 UK Organic Acids Market, 2019 - 2022, USD Million
- TABLE 86 UK Organic Acids Market, 2023 - 2030, USD Million
- TABLE 87 UK Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 88 UK Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 89 UK Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 90 UK Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 91 UK Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 92 UK Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 93 UK Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 94 UK Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 95 UK Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 96 UK Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 97 France Organic Acids Market, 2019 - 2022, USD Million
- TABLE 98 France Organic Acids Market, 2023 - 2030, USD Million
- TABLE 99 France Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 100 France Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 101 France Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 102 France Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 103 France Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 104 France Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 105 France Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 106 France Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 107 France Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 108 France Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 109 Russia Organic Acids Market, 2019 - 2022, USD Million
- TABLE 110 Russia Organic Acids Market, 2023 - 2030, USD Million
- TABLE 111 Russia Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 112 Russia Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 113 Russia Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 114 Russia Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 115 Russia Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 116 Russia Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 117 Russia Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 118 Russia Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 119 Russia Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 120 Russia Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 121 Spain Organic Acids Market, 2019 - 2022, USD Million
- TABLE 122 Spain Organic Acids Market, 2023 - 2030, USD Million
- TABLE 123 Spain Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 124 Spain Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 125 Spain Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 126 Spain Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 127 Spain Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 128 Spain Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 129 Spain Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 130 Spain Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 131 Spain Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 132 Spain Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 133 Italy Organic Acids Market, 2019 - 2022, USD Million
- TABLE 134 Italy Organic Acids Market, 2023 - 2030, USD Million
- TABLE 135 Italy Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 136 Italy Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 137 Italy Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 138 Italy Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 139 Italy Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 140 Italy Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 141 Italy Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 142 Italy Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 143 Italy Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 144 Italy Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 145 Rest of Europe Organic Acids Market, 2019 - 2022, USD Million
- TABLE 146 Rest of Europe Organic Acids Market, 2023 - 2030, USD Million
- TABLE 147 Rest of Europe Organic Acids Market, 2019 - 2022, Kilo Tonnes
- TABLE 148 Rest of Europe Organic Acids Market, 2023 - 2030, Kilo Tonnes
- TABLE 149 Rest of Europe Organic Acids Market by Application, 2019 - 2022, USD Million
- TABLE 150 Rest of Europe Organic Acids Market by Application, 2023 - 2030, USD Million
- TABLE 151 Rest of Europe Organic Acids Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 152 Rest of Europe Organic Acids Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 153 Rest of Europe Organic Acids Market by Type, 2019 - 2022, USD Million
- TABLE 154 Rest of Europe Organic Acids Market by Type, 2023 - 2030, USD Million
- TABLE 155 Rest of Europe Organic Acids Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 156 Rest of Europe Organic Acids Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 157 Key Information - Cargill, Incorporated
- TABLE 158 Key Information - BASF SE
- TABLE 159 Key Information - The Dow Chemical Company
- TABLE 160 Key Information - Archer Daniels Midland Company
- TABLE 161 Key Information - Eastman Chemical Company
- TABLE 162 Key Information - Tate & Lyle PLC
- TABLE 163 Key Information -DuPont de Nemours, Inc.
- TABLE 164 Key Information - Corbion N.V.
- TABLE 165 Key Information - Koninklijke DSM N.V.
- TABLE 166 Key Information - Celanese Corporation
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