Acidity Regulators Market in terms of revenue is expected to Reach USD 6.34 Billion in 2021


Posted June 30, 2015 by Alinajohn

Acidity Regulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

 
Acidity regulators are pH controlling agents used to provide unique flavors to food or beverage items. These are also food additives used for increasing the shelf life of foods. Acidity regulators are used worldwide in the food industry. These ingredients alter and maintain the acidity and alkalinity levels in food. This factor helps in processing foods and helps preserve its taste and safety. Acidity regulators prevent growth of harmful bacteria that could endanger health when consumed. Acidity regulators are also thickening agents and used in fruit drinks, jams, jellies, and pie fillings among other food categories.

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Market Growth Attributed to Increase in Use of Processed Food Containing Acidity Regulators

acidity-regulators-market

Globally, the acidity regulators market has been bolstered due to growing demand in the food industry. Increased need for acidity regulators in powdered fruit beverages and fruit flavored beverages is anticipated to spur market growth positively. Increased uptake of fruit butters, jams, and candies is expected to impact the market expansion of acidity regulators exponentially. Ready-to-drink beverages and processed foods have become a habit due to hectic lifestyles. Acidity regulators that are available with modern improved technologies can be an additional factor for market growth. However, the fact that acidity regulators can cause negative effects such as nausea, vomiting, and other complications could obstruct market growth. Low-cost suppliers of acidity regulators could also hinder market growth for larger players.


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Market to Expand with Acidity Regulators Being Used in Cosmetics and Skin Care Products

Growth estimates for the global acidity regulators market indicate that it had reached a value of US$3.93 billion in 2014 and is expected to reach US$6.34 billion by 2021, growing at a CAGR of 7.3%. The use of acidity regulators in non-food and new products such as skincare and cosmetics is expected to become a market opportunity. Acidity regulators are used as pH balancers in lotions and gels to be compatible with skin pH levels.

Citric Acid Leads Product Type Market Segment

The acidity regulators market product type segment includes acetic acid, lactic acid, phosphoric acid, malic acid, and citric acid. In 2014, citric acid had the largest market share and this trend is expected to continue during the next few years. By application, the acidity regulators market segments are: Confectionary, bakery, beverages, processed foods, sauces, dressings, and condiments.

By geography, acidity regulators market has been divided into segments such as North America, Europe, Asia Pacific, and Rest of the World (Row). The largest market share for acidity regulators was held by Asia Pacific and it is also estimated as a rapidly expanding market at a CAGR of 7.6% from 2015 to 2021, followed by North America. The rise in industrialization and urbanization in India, China and Indonesia is increasing demand for processed food. This is leading to market growth for acidity regulators in these regions. Rest of the World (RoW) follows Asia Pacific in market expansion prospects. The major players operating in the global acidity regulator market include Univar, Lyle plc., Jungbunzlauer A.G., Corbion N.V., Tate and Cargill Incorporated.


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Last Updated June 30, 2015