Global Citric Acid Anhydrous Market Overview:
Citric acid anhydrous is a tricarboxylic acid found in citrus fruits and occurs as colourless crystals or as white, crystalline powder with a strongly acidic taste. It is very soluble in water, freely soluble in ethanol (96%) and sparingly soluble in ether. Citric acid anhydrous has a low reactivity and is non-toxic and. It is chemically stable if stored at ambient temperatures. Citric acid anhydrous is totally biodegradable and can be disposed of with regular waste.
- Rising Demand for Citric Acid from Several End User Industries
- Increasing Consumption of Convenience Food & Beverage Products
- Growing Requirement for Food Safety
- Increasing Demand from Consumers Favoring Products with Plant Based Natural Ingredients
- Side Effects Due To Uneven Citric Acid Consumption
- Competition for Basic Raw Materials
- Potential Growth in Developing Regions
- Lactic Acid as a New Substitute for Citric Acid
Some of the key players profiled in the report are Archer Daniels Midland (United States), Gadot Biochemical Industries (Israel), Citrique Belge (Belgium), Foodchem International Corporation (Belgium), Jungbunzlauer Suisse AG (Switzerland), Niran (Thailand) Co., Ltd. (Thailand), Cargill (United States), Weifang Ensign Industry Co., Ltd. (China), Jiangsu Guoxin Xielian Energy Co., Ltd. (China) and RZBC Group (China). Additionally, following companies can also be profiled that are part of our coverage like Laiwu Taihe Biochemistry Co., Ltd. (China), Rizhao Ruisite International Trade Co., Ltd. (China) and Barker Industries (United States). Analyst at AdvanceMarketAnalytics see Chinese Vendors to retain maximum share of Global Citric Acid Anhydrous market by 2024. Considering Market by Industry Vertical, the sub-segment i.e. Food & Beverage Industry will boost the Citric Acid Anhydrous market. Considering Market by Packaging Type, the sub-segment i.e. Bottle will boost the Citric Acid Anhydrous market. Considering Market by Form Type, the sub-segment i.e. Granular will boost the Citric Acid Anhydrous market.
On March 1, 2019 - Archer Daniels Midland Company announced that it has completed its acquisition of Florida Chemical Company, one of the world’s largest natural citrus oils and ingredients manufacturers.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Citric Acid Anhydrous market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Citric Acid Anhydrous market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Citric Acid Anhydrous, Suppliers of Citric Acid Anhydrous, Wholesalers, Distributors and Retailers of Citric Acid Anhydrous, Food & Beverage Industry, Cosmetic Industry, Chemical Industry, Pharmaceutical Industry and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.