PUBLISHER: Orion Market Research | PRODUCT CODE: 1749608
PUBLISHER: Orion Market Research | PRODUCT CODE: 1749608
Global Acidity Regulators Market Size, Share & Trends Analysis Report by Product Type (Citric Acids, Acetic Acids, Phosphoric Acid, Malic Acid, and Lactic Acid), and by Application (Beverages, Proceeded Food, Bakery & Confectionery, Sauces, Condiments & Dressing, and Other), Forecast Period (2025-2035)
Acidity regulators market is anticipated to grow at a CAGR of 8.7% during the forecast period (2025-2035). Market growth is driven by increasing demand for processed and convenience food as well as expansion in the beverage industry. To sustain in the market, Acidity regulators are required to maintain the desired pH level in their food and beverages. PH control is important for the production of the desired taste, texture, and appearance of such products. Acidity regulators can improve food security by preventing regulatory microbial growth, increasing durability, and reducing the risk of foodborne diseases. The beverage industry is also an important contributor to the extension of the market, in which soft drinks, energy drinks, and alcoholic beverages depend on acidity regulators for better taste improvement and stability.
The global acidity regulators market is segmented by product type and application. Based on the product type, the market is sub-segmented into citric acids, acetic acids, phosphoric acid, malic acid, and lactic acid. Further, based on the application, the market is sub-segmented into beverages, processed food, bakery & confectionery, sauces, condiments & dressing, and others. Among the product types, the citric acid sub-segment is projected to keep a dominant share in the global acidity regulators market owing to its natural preservative properties, excessive solubility, and ability to enhance flavor. The increasing demand for carbonated soft drinks, energy drinks as beverages, and fruit juices has driven the consumption of citric acid as a key acidulant.
The Beverages sub-segment is anticipated to drive the Market Expansion of the Global Acidity Regulators Market.
In the applications sub-segment, the beverages industry is estimated to hold a significant share of the global acidity regulators market for the forecast period. Acidity regulators play an important role in stabilizing pH levels that improve the taste and shelf life of various beverages such as carbonated beverages, alcoholic beverages, sports energy drinks, and fruit juices. This expansion of the beverage industry has contributed significantly to the increase in consumption of functional drinks, which has contributed significantly to the increasing demand for acidity regulators. In November 2023, a report by the Indian Council for Research on International Economic Relations highlighted that over 44.0% of the total revenue of the beverages market was generated by the carbonated soft drinks sector (CSD), where India contributed to the overall generated revenue of $18.2 billion in 2022.
The global acidity regulators market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN economies, Australia & New Zealand and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America.
In all the regions, the Asia-Pacific region is estimated to increase considerably with the highest CAGR among other regional segments in the forecast period. The regional development is attributed to the increase in demand for the food and beverage industry with rapid urbanization and consumer preference for processed and convenience foods. The growing demand for carbonated drinks and energy drinks in emerging economies such as China and India is leading to the adoption of acidity regulators. The governments of various countries across the region are implementing favorable policies to support the food and beverage industry, which is increasing the demand for acidity regulators. The presence of major food and beverage manufacturers in the Asia-Pacific region with continuous product innovations is expected to create attractive growth opportunities for the market of acidity regulators in the upcoming years.
The major companies serving the acidity regulators market include Cargill Inc., Corbion NV, Jeecon Foods Pvt. Ltd., ADM, Celrich Products, Chemelco, and others. These market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2024, Tate & Lyle completed the acquisition of CP Kelco, which is a leading provider of pectin and specialty gums, for $1.8 billion. The company aims to create a global specialty food and beverage solutions business and to enhance its portfolio of market reach.
1 Report Summary
6 Company Profiles