Product Code: ETC130682 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Malaysia Citric Acid market currently, in 2023, has witnessed an HHI of 5403, Which has increased slightly as compared to the HHI of 5387 in 2017. The market is moving towards concentrated. 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 fewer numbers of players or countries exporting in the market.
Malaysia has a robust and growing market for citric acid. The country is the 20th largest user of citric acid in the world, with an estimated market size of approximately USD 128 million in 2020, and it is expected to grow at a CAGR of 6.9% from 2021-2026. The primary factors driving growth include rising demand from food & beverage industry due to increasing consumption of beverages such as soft drinks, fruit juices, carbonated water etc., which contain citric acid as preservatives or flavoring agents. Moreover, industrial applications are anticipated to drive growth further over the forecast period owing to its use as an effective cleaning agent in industries such as dairy processing plants and breweries. Additionally, manufacturers have been launching innovative products based on citrus fruits that offer various health benefits thereby creating lucrative opportunities for local producers and exporters alike
Malaysia Citric Acid |
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 Malaysia Citric Acid Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Citric Acid Market Revenues & Volume, 2020 & 2027F |
3.3 Malaysia Citric Acid Market - Industry Life Cycle |
3.4 Malaysia Citric Acid Market - Porter's Five Forces |
3.5 Malaysia Citric Acid Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.6 Malaysia Citric Acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Malaysia Citric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Citric Acid Market Trends |
6 Malaysia Citric Acid Market, By Types |
6.1 Malaysia Citric Acid Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Citric Acid Market Revenues & Volume, By Form, 2018 - 2027F |
6.1.3 Malaysia Citric Acid Market Revenues & Volume, By Liquid, 2018 - 2027F |
6.1.4 Malaysia Citric Acid Market Revenues & Volume, By Powder, 2018 - 2027F |
6.2 Malaysia Citric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Citric Acid Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.2.3 Malaysia Citric Acid Market Revenues & Volume, By Food & beverages, 2018 - 2027F |
6.2.4 Malaysia Citric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
7 Malaysia Citric Acid Market Import-Export Trade Statistics |
7.1 Malaysia Citric Acid Market Export to Major Countries |
7.2 Malaysia Citric Acid Market Imports from Major Countries |
8 Malaysia Citric Acid Market Key Performance Indicators |
9 Malaysia Citric Acid Market - Opportunity Assessment |
9.1 Malaysia Citric Acid Market Opportunity Assessment, By Form, 2020 & 2027F |
9.2 Malaysia Citric Acid Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Malaysia Citric Acid Market - Competitive Landscape |
10.1 Malaysia Citric Acid Market Revenue Share, By Companies, 2020 |
10.2 Malaysia Citric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |