Organic Acids Market Size, Structure, Share, Trends, Growth, Statistics, Opportunity and Forecast by 2022-2027

According to IMARC Group’s latest report the global organic acids market size to reach US$ 36.4 Billion by 2027, exhibiting a growth rate (CAGR) of 8.26%.

SHERIDAN, WYOMING, UNITED STATES, November 22, 2022 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “Organic Acids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global organic acids market size reached US$ 22.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36.4 Billion by 2027, exhibiting a growth rate (CAGR) of 8.26% during 2022-2027.

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Organic acids refer to compounds characterized by weak acidic properties and low molecular mass that do not dissociate completely in the presence of water. Propionic, gluconic, carboxyl, formic, lactic, citric, malic, and benzoic are some common organic acids. They are produced through fermentation of molasses, biomass starch, or agro-industrial residues, including the coffee husk, wheat bran, citric pulps, soybean, sugarcane, corn cobs, cassava bagasse, apple pomace, press-mud, and fruit peels. Organic acids are used as acidulants, flavorants, antioxidants, emulsifiers, flavor enhancers, and preservatives. As a result, they find extensive applications across the pharmaceuticals, agriculture, animal feed, and food and beverage (F&B) industries.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/organic-acids-market/requestsample

𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐀𝐜𝐢𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The widespread product adoption in the F&B industry as food additives and preservatives to prevent food deterioration and extend product shelf life is one of the key factors driving the market growth. In line with this, the increasing demand for ready-to-eat (RTE) food products manufactured using organic acids to prevent the outgrowth of pathogens due to the hectic schedules and busy lifestyles of the masses is acting as another growth-inducing factor. Moreover, the introduction of bio-based organic acids produced through renewable resources, making them a sustainable alternative to conventional petrochemical-derived commodities, is providing a thrust to the market growth. Other factors, including the widespread utilization of organic acids in the pharmaceutical industry to prepare multiple drugs and increasing product demand as a substitute for antibiotic growth promoters (AGP) in animal feed, are anticipated to drive the market toward growth.

𝐁𝐮𝐲 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=4562&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

• BASF SE
• Cargill Incorporated
• Celanese Corporation
• Dow Inc.
• Koninklijke DSM N.V.
• DuPont de Nemours Inc.
• Eastman Chemical Company
• Henan Jindan Lactic Acid Technology Co. Ltd.
• Tate & Lyle PLC
• The Archer-Daniels-Midland Company.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on type, source and end user.

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐓𝐲𝐩𝐞:
• Acetic Acid
• Citric Acid
• Formic Acid
• Lactic Acid
• Gluconic Acid
• Fumaric Acid
• Itaconic Acid
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐒𝐨𝐮𝐫𝐜𝐞:
• Biomass
• Molasses
• Starch
• Chemical Synthesis
• Argo-Industrial Residue

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:
• Food and Beverage
• Animal Feed
• Chemical and Industrial
• Pharmaceuticals
• Personal Care
• Agriculture
• Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=4562&flag=C

𝐍𝐨𝐭𝐞: We are updating our reports, If you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

Cereal Bars Market: https://bit.ly/3tRbPwJ

CBD Gummies Market: https://bit.ly/3EUnzoQ

Organic Seafood Market: https://bit.ly/3Esh8Ys

Soy Sauce Market: https://bit.ly/3ESdFnp

Animal Feed Market: https://bit.ly/3AAWV1w

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
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