European Citric Acid Market is expected to touch USD 1.20 billion in 2021


Posted October 12, 2017 by vickyv

Europe Citric Acid Market By Form, ApplicationAnd By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

 
The European Citric Acid Market is expected to grow at a CAGR of 5.2 % and reach USD 1.20 billion in 2021 from USD 0.93 billion in 2016. The European Citric Acid market is expected to show evident potential in the forecasting period.

Citric acid is an organic acid found in citrus fruits. It is mainly used as acidulant to add sour taste to soft drinks and foods and also used as preservative in various kinds of processed foods. It can also be used in the manufacturing of various detergents and cleaners, pharmaceuticals, industrial applications and personal care products.

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The Europe market for Citric Acid is segmented on the basis of form, application, Function and grade. The market segmentation on the basis of form is done under Anhydrous and Liquid. Based on application, market is further segmented into Food, Pharmaceuticals & Cosmetics, Reagents and Others, where food segment is further segmented into Beverages, Confectionaries, Convenience food products, Dairy products. Of which, Convenience food products segment is further segmented into Creams, fats and fillings, Soups and Sauces, oils. The market segmentation based on function is done under Acidulant, Antioxidant, Preservative, and Sequestrant. On the basis of grade, market is further segmented into Pharmaceutical, Industrial. Food segment dominates the market with around three fourths of the share.

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Market Segmentation

1)Form
• Introduction
• Anhydrous and
• Liquid
• Y-o-Y Growth Analysis, By Form
• Market Attractiveness Analysis, By Form
• Market Share Analysis, By Form

2)Application
• Introduction
• Food Products
• Beverages
• Confectionaries
• Convenience food products
• Creams, fats and fillings
• Soups and Sauces
• oils
• Diary products
• Pharmaceuticals, and Cosmetics
• Reagents
• Others
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

3)Function
• Introduction
• Acidulant
• Antioxidant
• Preservative
• Sequestrant
• Y-o-Y Growth Analysis, By Function
• Market Attractiveness Analysis, By Function
• Market Share Analysis, By Function

4)Grade
• Introduction
• Pharmaceutical
• Industrial
• Y-o-Y Growth Analysis, By Grade
• Market Attractiveness Analysis, By Grade
• Market Share Analysis, By Grade

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Issued By Market data forecast
Country India
Categories Food
Tags citric acid , food and beverages , market reserach
Last Updated October 12, 2017