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Food Acidulants Market Size
- Report ID: GMI3193
- Published Date: Mar 2019
- Report Format: PDF
Food Acidulants Market Size
Food Acidulants market size was over USD 4.5 billion in 2018 and industry expects demand of above 5.5 million tons by 2025.
Rising demand for acid regulators in beverages industry mainly in flavoured water, energy and sparkling drinks. Acidulants offers beverage manufacturers wide range of beneficial characteristics including palatability, sensory appeal and nutritive value which would enhance consumer captivity towards their product that should support product demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Food Acidulants Market Size in 2018: | 4.5 Billion (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 6.3% |
| 2025 Value Projection: | 7 Billion (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 220 |
| Tables, Charts & Figures: | 209 |
| Segments covered: | Product, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Lactic acids are widely used in processed meat products owing to its key properties including shelf life extension, pathogenic bacteria control, enhancing & protecting meat flavour, improving water binding capacity and reducing sodium levels. Global processed meat market is expected to surpass USD 1.6 trillion by 2024. Growing consumer preference shift towards protein rich meat consumables along with rapid development of processed meat value chain will favour meat products demand, thus propelling industry growth.
Acidulants are commonly used in bakery industry to enhance product lifespan and impart soft texture. Rising consumer inclination for fresh & quality bakery products have propelled utilisation of acidulants owing to functional benefits including leavening, enhancing flavour, heat resistance, low hygroscopicity, mold inhibition, dough conditioning and dairy compatibility. Growing demand for on the go snacks due to rapid urbanisation and rising working population have propelled bakery industry growth which should stimulate acid regulator market growth.
Stringent regulations regarding allowable levels of acid utilisation in food products by FDA and EFSA may lead to higher compliance cost which would limit industry profitability, thus affecting food acidulants industry price trends. Excessive usage of Acidulants may lead to taste and shelf life deterioration. Inorganic Acidulants manufacturing including phosphoric acid imparts toxic fumes which can harm facility personnel that causes irritation to skin, eyes and respiratory system. These restraints may hamper food acidulants market gains.
Food Acidulants Market Scope
