” Asia-Pacific Food Ingredients (Acidulants) Market business report estimates that new highs are possible in the Asia-Pacific Food Ingredients (Acidulants) Market This marketing report gives precise study of the Asia-Pacific Food Ingredients (Acidulants) Market industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. Global market report includes all the company profiles of the major players and brands. The report also puts on view important product developments and tracks recent acquisitions, mergers and research in the Asia-Pacific Food Ingredients (Acidulants) Market industry by the major players. The market drivers and restraints have been explained appropriately using SWOT analysis in Asia-Pacific Food Ingredients (Acidulants) Market report.
Data Bridge Market Research analyses that the Asia-Pacific food ingredients (acidulants) market is expected to grow at a CAGR of 6.1% during the forecast period of 2022 to 2029.
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Market Analysis and Insights
The Asia-Pacific food ingredients (acidulants) market is gaining significant growth due to the growing food & beverage industry and the rise in demand for flavored drinks and food. The increase in demand for acidulants in alcoholic beverages such as wine also boosts the growth of the Asia-Pacific food ingredients (acidulants) market. However, stringent government regulations associated with acidulants and health risks associated with some acidulants, such as phosphoric acid, are expected to restrain the market growth of acidulants market during the forecast period.
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Pricing in USD |
| Segments Covered | By Type (Citric Acid, Lactic Acid, Acetic Acid, Fumaric Acid, Tartaric Acid, Malic Acid, Gluconic Acid, Phosphoric Acid and Salts, Succinic Acid, Sodium Citrate, Potassium Citrate, Tannic Acid, Formic Acid, and Others), Form (Dry, and Liquid), Function (pH Control, Acidic Flavor Enhancer, Preservatives, and Others), Distribution Channel (B2B, and B2C), End-User (Food Processing Sector, Food Service Sector, and Household/Retail) |
| Countries Covered | China, Japan, India, South Korea, Thailand, Philippines, Indonesia, Singapore, Vietnam, Malaysia, Australia, New Zealand and rest of Asia-Pacific |
| Market Players Covered | Cargill, Incorporated, Brenntag SE, Tate & Lyle, ADM, Foodchem International Corporation, Corbion, Bartek Ingredients Inc., Weifang Ensign Industry Co., Ltd, Chemvera Specialty Chemicals Pvt. Ltd., Hawkins Watts Limited, Richest Group, Suntran.cn, Arshine Pharmaceutical Co., INDUSTRIAL TECNICA PECUARIA, S.A., Arihant Chemicals, among others |
Market Definition
Acidulants are chemical compounds that give a tart, sour, or acidic flavor to foods or enhance the perceived sweetness of foods. Acidulants can also function as leavening agents and emulsifiers in some kinds of processed foods. Though acidulants can lower pH, they differ from acidity regulators, which are food additives specifically intended to modify food stability or enzymes within it. Typical acidulants are acetic acid (for instance, in pickles) and citric acid. Many beverages, such as colas, contain phosphoric acid. Sour candies often are formulated with malic acid. Other acidulants used in food production include fumaric acid, tartaric acid, lactic acid, and gluconic acid.
Asia-Pacific Food Ingredients (Aciduants) Market Dynamics
Drivers
- Growing demand for convenience food products is likely to favor food acidulants industry growth
Acidulants are the key ingredient used in the manufacturing of convenience food to add a refreshing flavor, improved texture and tartness, and enhance the product’s taste. With the increased demand for enhanced convenience/ready-to-eat food due to the busy lifestyle and changing bung preferences of consumers, food processing manufacturers are demanding more acidulants to add to the food product to fulfill the demands.
- Wide use of citric acid and malic acid in emerging alcoholic as well as non-alcoholic beverage applications
In most beverages, citric acid is the first choice to be used as an acidulant. This is the specific, relatively mild to slightly sharp sourness and the refreshing effect on most of the fruit flavors. Furthermore, malic acid is used when strong flavor enhancement is expected, mostly in combination with citric acid. Besides these acidulants, phosphoric and succinic acid is also used in beverage applications. Phosphoric acid is mostly used in carbonated beverages such as Cola to bring a specific taste profile and strong effect on pH. All these factors are expected to drive the growth of the Asia-Pacific food ingredients (acidulants) market.
Opportunities
- Increasing demand for acidulants from the rising food processing industry in emerging economies such as India and China
The food processing industry is consistently growing in India and China, owing to increased demand for convenience food, ready-to-eat food, instant beverages, processed meat products, confectioneries, and others. The busy lifestyle of consumers increases disposable income so that consumers spend more money and urge to taste new and better food products with different flavors.
Acidulants help create the refreshing bite in a sports drink, the cream melting in cheese, the gelled texture in jellies and other food items, which increases the demand for acidulants in the food processing industry and creates an opportunity for the acidulants market.
For instance,
- In 2021, according to Investor Portal, the gross value added in the Indian food processing industry increased from USD 17,583.40 Million to USD 28,133.40 Million in 5 years 2016-2021
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Research goals
- To study and break down the worldwide Asia-Pacific Food Ingredients (Acidulants) Market size by key districts/nations, item type and application, history information from 2022 to 2029, and conjecture t
- To comprehend the structure of Asia-Pacific Food Ingredients (Acidulants) Market advertise by recognizing its different subsegments.
- Focuses on the key worldwide Asia-Pacific Food Ingredients (Acidulants) Market players, to characterize, portray and investigate the worth, piece of the pie, advertise rivalry scene, SWOT examination and advancement designs in next couple of years.
- To dissect the Asia-Pacific Food Ingredients (Acidulants) as for individual development patterns, future prospects, and their commitment to the all out market.
- To offer point by point data about the key variables affecting the development of the Asia-Pacific Food Ingredients (Acidulants) Market (development potential, openings, drivers, industry-explicit difficulties and dangers).
- To venture the size of Asia-Pacific Food Ingredients (Acidulants) submarkets, concerning key locales (alongside their individual key nations).
- To dissect focused improvements, for example, developments, understandings, new item dispatches and acquisitions in the market.
- To deliberately profile the key players and exhaustively dissect their development systems.
Browse Complete Table of Contents at: https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-food-acidulants-market
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