US Food Acidulants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.72 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Food Acidulants Market Analysis
The United States food acidulants market is projected to grow at a CAGR of 3.72% during the forecast period (2020 - 2025).
- Acidulants are one of the major food additives used in the food & beverage industry and are one of the fastest-growing segments. The main function of the acidulants is to stabilize the pH level of the food product and preserve the product shelf life.
- Citric acid is the most used acid in food products, due to its compatibility with most of the end products. In most processed foods, lactic acid is not only used to regulate acidity but also as an antioxidant and a preservative.
- Consumers in the United States are more health-conscious than ever before and have increased their demand for specificities from the products to its freshness and safety. The consumers' interest in food and beverage products prepared from safe ingredients is projected to remain strong in the near future. This factor is driving the market for natural food acidualnts.
US Food Acidulants Market Trends
This section covers the major market trends shaping the US Food Acidulants Market according to our research experts:
Citric Acid holds the Largest Market
Citric acid holds the major share of the market studied as citric acid is one of the most prominent acidulants purchased by United States food manufacturers, due to its role as an additive in the production of products, like yogurt, sausages, and soft drinks. Its role as an additive includes several useful functions in food formulations, like sterilization, bacterial stabilization, flavor fixation, flavor enhancement, and standardization of acid levels. All the leading companies such as Tate & Lyle PLC., and Archer Daniels Midland Company and others provide citric acid to the United States Market.
Beverage Application Dominates the Market
In the United States, the consumption of soft drinks, energy drinks, and juice drinks are continuously increasing, which triggers the use of acidulants in beverage industries. As soft drinks are high in water activity, and some of it is rich in vitamins and minerals, thus, it creates an attractive environment for microbes. Therefore, acidulants act as preservatives in beverages including, fruit-flavored drinks. Phosphoric acid also contributes a significant share to the beverage segment owing to its wide application in cola drinks. In order to safeguard the usage of phosphoric acid in the food and beverage industry, the United States Food and Drug Administration cites Regulation 21/3, which recognizes phosphoric acid safe when used in accordance with a good manufacturing practice. Thus, driving the market studied.
US Food Acidulants Industry Overview
The United States food acidulants market is dominated by global players, and the market is highly competitive owing to the presence of numerous regional and global players. The steady growth of alcoholic and non-alcoholic beverage applications, in the country caters to the growing market share of the key players. Companies are actively are increasing production capacities to meet the rising demand of United States consumers. Product innovation and expansion is the prominent strategy adopted by the leading players of the market with an aim to strengthen their position.
US Food Acidulants Market Leaders
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Cargill, Incorporated
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Tate & Lyle PLC
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Jungbunzlauer Suisse AG
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Corbion NV
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Archer Daniels Midland Company
*Disclaimer: Major Players sorted in no particular order
US Food Acidulants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 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 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 By Type
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5.1.1 Citric Acid
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5.1.2 Lactic Acid
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5.1.3 Acetic Acid
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5.1.4 Others
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy
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5.2.3 Bakery
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5.2.4 Meat & Poultry
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5.2.5 Confectionery
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5.2.6 Others
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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 Cargill, Incorporated
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6.3.2 Brenntag Holding GmbH
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6.3.3 Tate & Lyle PLC
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6.3.4 Jungbunzlauer Suisse AG
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6.3.5 Corbion NV
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6.3.6 Bartek Ingredients Inc.
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6.3.7 FBC Industries
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6.3.8 Archer Daniels Midland Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Food Acidulants Industry Segmentation
The United States food acidulants market is segmented based on type and application. By type, food acidulants market is segmented into citric acid, lactic acid, acetic acid, and others. The application segment involves beverages, dairy, bakery, meat, confectionery, and others.
| By Type | |
| Citric Acid | |
| Lactic Acid | |
| Acetic Acid | |
| Others |
| By Application | |
| Beverages | |
| Dairy | |
| Bakery | |
| Meat & Poultry | |
| Confectionery | |
| Others |
US Food Acidulants Market Research FAQs
What is the current United States Food Acidulants Market size?
The United States Food Acidulants Market is projected to register a CAGR of 3.72% during the forecast period (2024-2029)
Who are the key players in United States Food Acidulants Market?
Cargill, Incorporated, Tate & Lyle PLC, Jungbunzlauer Suisse AG, Corbion NV and Archer Daniels Midland Company are the major companies operating in the United States Food Acidulants Market.
What years does this United States Food Acidulants Market cover?
The report covers the United States Food Acidulants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Food Acidulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Food Acidulants Industry Report
Statistics for the 2024 US Food Acidulants market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. US 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.
