Citric Acid Regulators Market Size is Expected to Exhibit $3.1 Billion by 2031

The Citric Acid Regulators Market size was valued at $1.8 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031. Citrus fruits such as lemons, grapefruit, limes, and others naturally produce citric acid regulators (INS 330 or E330). It is chemically manufactured by the fungi Aspergillus niger and Candida lipolytic (Y-1095), which produce more citric acid than other yeasts. Citric acid is available in two forms: anhydrous and monohydrate. Citric acid, whether anhydrous or monohydrate, is the most popular acidulant used to provide a sour flavor to foods and beverages. It also functions as a preservative, pH indicator, antioxidant, and coloring agent.

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Leading Key Players:

Players operating in the global citric acid regulators industry have adopted various developmental strategies to expand their citric acid regulators market share, increase profitability, and remain competitive in the market. Key players profiled in this report include Archer Daniels Midland, ATP Group, BASF SE, Cargill Incorporated, CHEMELCO INTERNATIONAL B.V., Citrique N.V., Cofco, E. I. du Pont de Nemours and Company, F.B.C. Industries, Inc., Foodchem International Corporation, Gadot Biochemical Industries Ltd., S.A., Huangshi Xinghua Biochemical Co. Ltd, JUNGBUNZLAUER SUISSE AG, Merck Group KGaA, Kenko Corporation, Koninklijke DSM N.V., TTCA, Co., LTD, RZBC Group Co, Ltd., Tate & Lyle, and Shandong Ensign Industry Co., Ltd.

Regional Outlook:

The citric acid regulators market is segmented into form, application, and region. On the basis of form, the market is categorized into anhydrous and monohydrate. On the basis of application, it is divided into food and beverages. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and The rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA).

Key findings of the study

• According to citric acid regulators market trends, based on form, the anhydrous segment is projected to witness the highest CAGR of 5.0%, in terms of revenue, during the forecast period.
• According to citric acid regulators market, based on application, the beverage segment is expected to grow at a significant CAGR during the citric acid regulators market forecast period.
• According to citric acid regulators market analysis, based on the country in North America, the U.S. was the largest market for citric acid regulators industry in 2021, in terms of revenue generation.
• based on region, Europe is anticipated to witness the highest growth rate in the citric acid regulators market, registering a CAGR of 6.9% from 2022 to 2031.

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