Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Form (Liquid, Powder), By Application (Pharmaceutical, Food & beverages, Others) And Competitive Landscape
Product Code: ETC076273 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Citric Acid Marketย is expected to find its true potential in the mentioned forecast period. The wide applicability of citric acid as an acidulate, emulsifier, preservative, sequestrate, flavouring, and buffering agent in various products of non-food and food industries is one of the key aspects boosting the Citric Acid market growth in the region. The other major factor propelling the market is the rising awareness regarding the usage of natural ingredients. Citric acid is mainly used as acidulate to add a sour taste to soft drinks and foods and also used as a preservative in various kinds of processed foods. Also, it can be used in the manufacturing of different detergents and cleaners, industrial applications pharmaceuticals, and personal care products.
According to 6Wresearch, Asia Pacific (APAC) Citric Acid Market is anticipated to register growth during 2021-27. The rising applications of citric acid in detergents and cleansers for their biodegradability and other eco-friendly proportions are also key driving factors of the market. However, the manufacturers face strong competition from inter and intra market pores. This acts as one of the major restraints restricting the market though Asia- Pacific market for Citric Acid is segmented on the basis of form, application Function and grade. Additionally, the outbreak of the COVID-19 has fuelled the market demand as the virus is infecting individuals with lower immunity, whereas citric acid helps in boosting immunity.
Based on Countries, China is expected to dominate the Citric Acid market in Asia Pacific as being a major exporter as well as consumer of citric acid. Based on application, the market is segmented into Food & beverages, Pharmaceuticals, and Others. Amongst these, the food & beverages segment is leading the market and is also expected to propel in the coming years on account of the rising consumer interest in food & beverages products made from safe ingredients. In terms of form, the powder segment is holding a major revenue share in the Citric Acid market as it is highly used in beverages and food applications for flavouring and preservation.
Asia Pacific Citric Acid Market report thoroughly covers the market by form, applications, and countries including China, India, Japan, Australia, Thailand, Indonesia and the rest of Asia Pacific. Asia Pacific Citric acid Market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Citric acid market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Citric Acid Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Citric Acid Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Citric Acid Market - Industry Life Cycle |
3.4 Asia Pacific Citric Acid Market - Porter's Five Forces |
3.5 Asia Pacific Citric Acid Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Citric Acid Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.7 Asia Pacific Citric Acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Asia Pacific Citric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Citric Acid Market Trends |
6 Asia Pacific Citric Acid Market, 2017 - 2027 |
6.1 Asia Pacific Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
6.2 Asia Pacific Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
7 China Citric Acid Market, 2017 - 2027 |
7.1 China Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
7.2 China Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
8 India Citric Acid Market, 2017 - 2027 |
8.1 India Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
8.2 India Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Japan Citric Acid Market, 2017 - 2027 |
9.1 Japan Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
9.2 Japan Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Australia Citric Acid Market, 2017 - 2027 |
10.1 Australia Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
10.2 Australia Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Indonesia Citric Acid Market, 2017 - 2027 |
11.1 Indonesia Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
11.2 Indonesia Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Philippines Citric Acid Market, 2017 - 2027 |
12.1 Philippines Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
12.2 Philippines Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Malaysia Citric Acid Market, 2017 - 2027 |
13.1 Malaysia Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
13.2 Malaysia Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Rest of Asia Citric Acid Market, 2017 - 2027 |
14.1 Rest of Asia Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
14.2 Rest of Asia Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Asia Pacific Citric Acid Market Key Performance Indicators |
12 Asia Pacific Citric Acid Market - Opportunity Assessment |
12.1 Asia Pacific Citric Acid Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Citric Acid Market Opportunity Assessment, By Form, 2020 & 2027F |
12.3 Asia Pacific Citric Acid Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Asia Pacific Citric Acid Market - Competitive Landscape |
13.1 Asia Pacific Citric Acid Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Citric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |