India Organic Acids Market (2024-2030) | Industry, Forecast, Revenue, Size, Trends, Analysis, Companies, Outlook, Value, Share & Growth

Market Forecast By Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Itaconic Acid, Succinic Acid, Gluconic Acid, Others), By Sources (Biomass, Molasses, Starch, Chemical Synthesis, Argo-Industrial Residue), By End-user (Food & Beverage, Animal Feed, Chemical & Industrial, Pharmaceuticals, Personal Care, Agriculture, Others) And Competitive Landscape
Product Code: ETC034484 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Organic Acids Market Shipment Analysis

India Organic Acids Market registered a decline of -1.67% in value shipments in 2022 as compared to 2021 and an increase of 8.89% CAGR in 2022 over a period of 2017. In Organic Acids Market India is becoming less competitive as HHI index in 2022 was 3379 while in 2017 it was 2812. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Organic Acids Market.

India Organic Acids Market Competition 2023


India Export Potential Assessment For Organic Acids Market (Values in Thousand)


India Organic Acids Market Synopsis

The India Organic Acids Market is projected to reach USD 1,822.8 million by 2026. Organic acids are organic compounds generated from carbohydrates like sugar and starch and manufactured through chemical processes such as fermentation or synthesis with mineral acids or enzymes. These acids have a wide range of applications in the food & beverage industry for flavor enhancement, chelation of minerals, acidulants, color retention agents among others.

Drivers of the Market:

The growth of this market can be attributed to factors such as increasing demand for preservatives in processed foods owing to convenience; rising awareness regarding health benefits; increasing disposable income and growing inclination towards healthy fast food options; and increased usage in pharmaceuticals due to their antimicrobial properties. Additionally, recent technological developments for enhancing the shelf-life of packaged food products has further augmented its growth over the years.

Challenges of the Market:

High cost associated with organic acid production might pose a challenge to the market?s development during forecast period . Moreover , stringent regulations related to environmental safety standards may hamper growth prospects over coming years.

Trends of the Market:

? Increasing preference for natural ingredients: Consumers are increasingly focusing on clean label products which contain fewer additives including artificial flavors or colors which is driving manufacturers towards the use of organic acids instead synthetic substitutes . This factor is expected to drive demand during forecast period.

? Growing application scope : With advancements within biotechnology sector , functional properties offered by organic acids have been extended across various industries thus leading them into new product lines such as cosmetics & personal care products , animal feed etc . This trend is likely remain rampant over next few years thereby augmenting overall market growth opportunity.

Key Players of the Market:

Some key players operating in India Organic Acids Market include Cargill Incorporated ; BASF SE ; Archer Daniels Midland Company ; Tate & Lyle PLC ; Associated British Foods PLC (ABF) ; Ajinomoto Co., Inc.; Koninklijke DSM N.V.; Corbion NV; E I du Pont de Nemours and Company ; Naturex S A ..

Key Highlights of the Report:

  • India Organic Acids Market Outlook
  • Market Size of India Organic Acids Market, 2023
  • Forecast of India Organic Acids Market, 2030
  • Historical Data and Forecast of India Organic Acids Revenues & Volume for the Period 2020-2030
  • India Organic Acids Market Trend Evolution
  • India Organic Acids Market Drivers and Challenges
  • India Organic Acids Price Trends
  • India Organic Acids Porter's Five Forces
  • India Organic Acids Industry Life Cycle
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Acetic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Citric Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Formic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Lactic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Itaconic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Succinic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Gluconic Acid for the Period 2020-2030
  • Historical Data and Forecast of India Acetic Acid Organic Acids Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Sources for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Biomass for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Molasses for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Starch for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Chemical Synthesis for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Argo-Industrial Residue for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By End-user for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Food & Beverage for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Animal Feed for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Chemical & Industrial for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Personal Care for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Agriculture for the Period 2020-2030
  • Historical Data and Forecast of India Organic Acids Market Revenues & Volume By Others for the Period 2020-2030
  • India Organic Acids Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Sources
  • Market Opportunity Assessment By End-user
  • India Organic Acids Top Companies Market Share
  • India Organic Acids Competitive Benchmarking By Technical and Operational Parameters
  • India Organic Acids Company Profiles
  • India Organic Acids Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 India Organic Acids Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Organic Acids Market Revenues & Volume, 2020 & 2030F

3.3 India Organic Acids Market - Industry Life Cycle

3.4 India Organic Acids Market - Porter's Five Forces

3.5 India Organic Acids Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 India Organic Acids Market Revenues & Volume Share, By Sources, 2020 & 2030F

3.7 India Organic Acids Market Revenues & Volume Share, By End-user, 2020 & 2030F

4 India Organic Acids Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Organic Acids Market Trends

6 India Organic Acids Market, By Types

6.1 India Organic Acids Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Organic Acids Market Revenues & Volume, By Type, 2020-2030F

6.1.3 India Organic Acids Market Revenues & Volume, By Acetic Acid, 2020-2030F

6.1.4 India Organic Acids Market Revenues & Volume, By Citric Acid, 2020-2030F

6.1.5 India Organic Acids Market Revenues & Volume, By Formic Acid, 2020-2030F

6.1.6 India Organic Acids Market Revenues & Volume, By Lactic Acid, 2020-2030F

6.1.7 India Organic Acids Market Revenues & Volume, By Itaconic Acid, 2020-2030F

6.1.8 India Organic Acids Market Revenues & Volume, By Succinic Acid, 2020-2030F

6.1.9 India Organic Acids Market Revenues & Volume, By Others, 2020-2030F

6.1.10 India Organic Acids Market Revenues & Volume, By Others, 2020-2030F

6.2 India Organic Acids Market, By Sources

6.2.1 Overview and Analysis

6.2.2 India Organic Acids Market Revenues & Volume, By Biomass, 2020-2030F

6.2.3 India Organic Acids Market Revenues & Volume, By Molasses, 2020-2030F

6.2.4 India Organic Acids Market Revenues & Volume, By Starch, 2020-2030F

6.2.5 India Organic Acids Market Revenues & Volume, By Chemical Synthesis, 2020-2030F

6.2.6 India Organic Acids Market Revenues & Volume, By Argo-Industrial Residue, 2020-2030F

6.3 India Organic Acids Market, By End-user

6.3.1 Overview and Analysis

6.3.2 India Organic Acids Market Revenues & Volume, By Food & Beverage, 2020-2030F

6.3.3 India Organic Acids Market Revenues & Volume, By Animal Feed, 2020-2030F

6.3.4 India Organic Acids Market Revenues & Volume, By Chemical & Industrial, 2020-2030F

6.3.5 India Organic Acids Market Revenues & Volume, By Pharmaceuticals, 2020-2030F

6.3.6 India Organic Acids Market Revenues & Volume, By Personal Care, 2020-2030F

6.3.7 India Organic Acids Market Revenues & Volume, By Agriculture, 2020-2030F

7 India Organic Acids Market Import-Export Trade Statistics

7.1 India Organic Acids Market Export to Major Countries

7.2 India Organic Acids Market Imports from Major Countries

8 India Organic Acids Market Key Performance Indicators

9 India Organic Acids Market - Opportunity Assessment

9.1 India Organic Acids Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 India Organic Acids Market Opportunity Assessment, By Sources, 2020 & 2030F

9.3 India Organic Acids Market Opportunity Assessment, By End-user, 2020 & 2030F

10 India Organic Acids Market - Competitive Landscape

10.1 India Organic Acids Market Revenue Share, By Companies, 2023

10.2 India Organic Acids Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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