Citric Acid Market -IGR

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Citric Acid Market Global Industry Analysis,
Trends, Market Size Forecasts to 2023
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The report on Citric Acid by Infinium Global
Research analyses the Citric Acid Market over
the period of 2017 to 2023. This report also
provides detailed qualitative and quantitative
analyses of the market dynamics, market size and
future trends in Global Citric Acid Market. It
will help a lot of decision makers to develop
strategies and find new opportunities in the
Global Citric Acid Market. Citric acid is a key
intermediate in metabolism. It is an acid
compound found in citrus fruits. Moreover,
citrus acid is primarily produced by the
microbial fermentation of carbohydrates such as
molasses, corn sugar, cane sugar and beat.
Furthermore, citric acid is also extracted from
citrus fruits as they contain up to 8 of citric
acid. Fruits such as oranges, lemons and limes
are among the rich sources of citric acid.
Citric acid is mainly used in food industry,
detergents, pharmaceuticals, mineral supplements
and household cleaning owing to its properties
such as antioxidant, non-corrosive, non-toxic
and biodegradable.
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Market Insights The global citric acid market is
projected to grow with a CAGR between 5.5 and
6.0 during 2017-2023. Increasing demand of
citric acid from detergents cleaners
application, due to characteristic of citric acid
to reduce hardness of water and formation of
foam, is the key factor driving the growth of
citric acid market worldwide. Moreover, growing
demand for citric acid as a crucial ingredient
in various end user industries such as Food
beverages, Pharmaceuticals, and Personal Care
among others will drive the global citric acid
market. Furthermore, rising demand from consumers
preferring products including plant based
natural ingredients due to increasing various
health issues is anticipated to drive the
consumption of citric acid in food and beverages
industry over the forecast period. However,
increasing prices of molasses which is a prime
feedstock used in the production of citric acid
is the key factor restraining the growth of
global citric acid market. Nevertheless,
continuously rising demand for citric acid from
emerging applications such as food additives
animal feed are anticipated to create more
opportunities for the citric acid manufacturers
over the forecast period. Moreover, environment
friendly properties of citric acid are likely to
create more opportunities to citric acid in
other applications as a result the market size
of citric acid is projected to grow at a rapid
pace over the forecast period.
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• Get a Sample Report _at_ https//www.infiniumglobalr
  esearch.com/Reports/MakeSampleRequ est/779
• Segments Covered
• The report segments the citric acid market by
  form, by grade, by application,
• by end use and by region. Market segmentation
  based on form includes liquid form and powder
  form. Moreover, the global citric acid market
  based on grade is segmented into food grade, and
  other grades (including industrial grade and
  pharmaceutical grade). Furthermore, based on
  application the global citric acid market is
  segmented into acidulant, cleaning agent, binding
  agent, preservative and others. The global
  citric acid market segmentation based on end use
  includes food beverages, pharmaceuticals,
  animal feed, personal care, metal finishing
  cleaning and others. The food beverages
  application segment covers usage of citric acid
  into bakery confectionary, dairy, convenience
  food, and jams preserve among others.
• Company Profiles
• Archer Daniels Midland Company
• Cargill Inc.
• Tate Lyle PLC
• HUANGSHI XINGHUA Biochemical Company Ltd.
• RZBC Group Company Ltd.

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• Weifang Ensign Industry Company Ltd.
• Gadot Biochemical Industries Ltd.
• Jungbunzlauer Suisse AG, Pfizer Inc.
• Delek Group
• Shandong Juxian Hongde Citric Acid Company Ltd.
• Make an Enquiry _at_ https//www.infiniumglobalresea
  rch.com/Reports/MakeEnquiryRequ est/779
• Key topics covered
• Preface
• Executive Summary
• Global Citric Acid Market Overview
• Global Citric Acid market by Form (USD Million)
  2017 2023
• Global Citric Acid market by Grade (USD Million)
  2017 2023
• Global Citric Acid market by Application (USD
  Million) 2017 2023
• Global Citric Acid market by End Use (USD
  Million) 2017 2023
• Global Citric Acid Market Analysis, by Region
  (USD Million) 2017 2023
• Company Profiles

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terial/global_ citric_acid_market