North America Citric Acid Market Industry Analysis & Opportunities


Posted October 10, 2017 by vickyv

Citric acid market is driven by factors like wide applicability of citric acid as an acidulant, emulsifier, preservative, sequestrant, flavorant, and buffering agent in various products of non-food and food industries

 
The North America Citric Acid Market is expected to reach USD 0.74 billion by 2021 from USD 0.58 billion in 2016, growing at a CAGR of 4.9 %. The North America Citric Acid market is forecasted to show great potential over the mentioned 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 North America 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. On the basis of geography, the North America market is analyzed under various regions namely United States and Canada.

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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 citic acid , market
Last Updated October 10, 2017