UK Food Acidulants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.07 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Food Acidulants Market Analysis
United Kingdom food acidulants market is projected to grow at a CAGR of 4.07% during the forecast period.
- The United Kingdom food acidulants market is driven by growing processed food and beverages market and their consumption by the burgeoning middle-class population. Other factors like supply chain complexities like lack of cold storage chains and consumer demand for nutrition enabled food products seem to drive the market. The market finds restrains in the form of huge competition in pricing due large number of suppliers in the market.
- Chinese players, especially in citric acid, poses a high threat for Western players. Hence, Regulatory checks on imports to create perfect competition like environment is still in the nascent stages in several countries. The key potential this industry sees is in the form of manufacturers adopting technologies to improve their production processes to meet the capacity requirements.
UK Food Acidulants Market Trends
This section covers the major market trends shaping the UK Food Acidulants Market according to our research experts:
Phosphoric Acid Promises Growth in Future
According to the Office for National Statistics (United Kingdom), the import value of phosphoric acid and polyphosphoric acids from non-European countries increased from 28.20 million in 2015 to 33.7 million in 2017. These acids have their applications in the different end-user industries, including the food and beverage and pharmaceutical industries.
The pharmaceutical industry is one of the major end-users of phosphoric acid in the country, with the number of oral care products manufacturing incorporating phosphoric acid in their products. For instance, Tom's of Maine Inc. offers a mouth wash that consists of phosphoric acid in conjunction with sodium or disodium phosphate, which, in turn, helps in prevent enamel dissolution.
Confectionery Remains Fastest Growing Application
The segment is primarily driven by the growing demand for chocolate and sugar confectionery in the country. Mostly catering to kids and younger age-group, the market covers a wide range of assortments, candies, and lollipops available in different flavors in the market. Witnessing robust demand for the product in the country, global food companies are focusing to expand their product lines dedicated to confectionery or existing players are emphasizing the industry, in order to supplement segment sales. For instance, in 2017, Mondelez UK invested USD 93 million in Cadbury production in the country. Thus, increased interest of consumers, as well as manufacturers, is anticipated to boost the demand of associated ingredients, including acidulants, specifically phosphoric acid in the country.
UK Food Acidulants Industry Overview
United Kingdom food acidulants are highly fragmented owing to the unorganized ingredient sector in the country. The market has a strong presence of players, especially from the Asia-Pacific region, with China holding prominent shares. Companies are actively expanding their product bases and are increasing production capacities to meet the demand for applications that are emerging from various sectors.
UK Food Acidulants Market Leaders
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Archer Daniels Midland Company
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Cargill, Incorporated
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Merck KGaA
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Tate & Lyle PLC
*Disclaimer: Major Players sorted in no particular order
UK Food Acidulants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Citric Acid
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5.1.2 Phosphoric Acid
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5.1.3 Lactic Acid
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5.1.4 Other Types
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5.2 Application
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5.2.1 Beverages
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5.2.2 Dairy and Frozen Products
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5.2.3 Bakery
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5.2.4 Meat Industry
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5.2.5 Confectionery
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5.2.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Tate & Lyle PLC
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6.3.2 Archer Daniels Midland Company
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6.3.3 Cargill, Incorporated
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6.3.4 Merck KGaA
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6.3.5 Brenntag AG
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6.3.6 Monarch Chemicals Ltd
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6.3.7 H Plus Limited
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
UK Food Acidulants Industry Segmentation
The market is segmented based on type which includes Citric acid, phosphoric acid, and lactic acid among others. Citric acid dominates the acidulants market, followed by phosphoric acid. The major applications of Acidulants include beverages, dairy and frozen products, bakery, meat industry, confectionery, and other applications.
| Type | |
| Citric Acid | |
| Phosphoric Acid | |
| Lactic Acid | |
| Other Types |
| Application | |
| Beverages | |
| Dairy and Frozen Products | |
| Bakery | |
| Meat Industry | |
| Confectionery | |
| Other Applications |
UK Food Acidulants Market Research FAQs
What is the current United Kingdom Food Acidulants Market size?
The United Kingdom Food Acidulants Market is projected to register a CAGR of 4.07% during the forecast period (2024-2029)
Who are the key players in United Kingdom Food Acidulants Market?
Archer Daniels Midland Company , Cargill, Incorporated , Merck KGaA and Tate & Lyle PLC are the major companies operating in the United Kingdom Food Acidulants Market.
What years does this United Kingdom Food Acidulants Market cover?
The report covers the United Kingdom Food Acidulants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Food Acidulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Food Acidulants Industry Report
Statistics for the 2024 UK Food Acidulants market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. UK Food Acidulants analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
