Organic Acids Market Size, Structure, Share, Trends, Growth, Statistics, Opportunities, and Forecast by 2022-2027

organic acid market

According to the latest report of IMARC Group, the global organic acid market size will reach USD 36.4 billion by 2027, showing a growth rate (CAGR) of 8.26%.

SHERIDAN, WYOMING, US, Nov. 22, 2022 / — According to IMARC Group’s latest report titled “Organic Acids Market: Global Industry Trends, Share, Size, Growth, Opportunities, Forecast 2022-2027”, the global Organic Acids market size has reached $22.9 billion US in 2021. Looking ahead, IMARC Group expects the market to reach $36.4 billion by 2027, showing a growth rate (CAGR) of 8.26% over the period 2022-2027.
This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who plan to enter the market in any way.
Organic acids refer to compounds with weak acidic properties and a low molecular mass that do not completely dissociate in the presence of water. Propionic, gluconic, carboxylic, formic, lactic, citric, malic, and benzoic are some common organic acids. They are produced through the fermentation of molasses and biomass starch or leftovers from the agricultural industry, including coffee husks, wheat bran, lime pulp, soybeans, sugar cane, corn cobs, cassava dregs, apple pomace, pressed clay, and fruit peels. Organic acids are used as acidifiers, flavors, antioxidants, emulsifiers, flavor enhancers, and preservatives. As a result, they have found wide applications in the pharmaceutical, agricultural, animal feed, and food and beverage (F&B) industries.
๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐๐ƒ๐… ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ:
๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐€๐œ๐ข๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:
Wide product adoption in the food and beverage industry as a food additive and preservative to prevent food deterioration and extend product shelf life is one of the major factors driving market growth. In line with this, the increasing demand for ready-to-eat (RTE) food products manufactured using organic acids to prevent the growth of pathogens due to the hectic schedules and busy lifestyles of the masses acts as another factor stimulating the growth. Moreover, the introduction of bio-organic acids produced through renewable resources, making them a sustainable alternative to traditional commodities derived from petrochemicals, is providing impetus to the growth of the market. The market is expected to drive growth, including widespread use of organic acids in the pharmaceutical industry for the preparation of several drugs and increased demand for products as an alternative to antibiotic growth promoters (AGP) in animal feed.
๐๐ฎ๐ฒ ๐๐จ๐ฐ:
As the novel coronavirus (COVID-19) crisis grips the world, we are constantly following changes in markets, as well as industry behaviors of consumers globally, and our estimates on the latest market trends and predictions are made after considering the impact of this pandemic.
๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐›
โ€ข Cargill Incorporated
โ€ข Celanese Company
โ€ข Dow
โ€ข Royal DSM NV
โ€ข DuPont de Nemours Inc.
โ€ข Eastman Chemical Company
โ€ข Henan Jindan Lactic Acid Technology Co., Ltd. Ltd.
โ€ข Tate & Lyle PLC
โ€ข Archer Daniels Midland Company.
๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:
The report categorized the market based on type, source, and end-user.
๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž:
โ€ข acetic acid
Citric acid
โ€ข Formic acid
โ€ข Lactic acid
โ€ข Gluconic acid
โ€ข Fumaric acid
โ€ข Itaconic acid
โ€ข Others
๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž:
โ€ข Biomass
โ€ข Starch
โ€ข chemical composition
โ€ข Argo Industrial Residency
๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:
โ€ข Food and drinks
โ€ข Animal feed
โ€ข Chemical and industrial
โ€ข Personal care
โ€ข Farming
โ€ข Others
๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:
โ€ข North America (United States and Canada)
โ€ข Europe (Germany, France, the United Kingdom, Italy, Spain and other countries)
โ€ข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, etc.)
โ€ข Latin America (Brazil, Mexico and other countries)
โ€ข Middle East and Africa (UAE, Saudi Arabia, Qatar, Iraq, South Africa and other countries)
๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ ๐“๐Ž๐‚ ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ:
๐๐จ๐ญ๐ž: We update our reports, if you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size, competitive landscape, etc. Click Request Free Sample Report, and the published report will be delivered to you in PDF format via email within 24 to 48 hours.
Highlights of the report:

โ€ข Market performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market trends
โ€ข Market drivers and success factors
โ€ข Impact of COVID-19
โ€ข Value chain analysis
โ€ข Comprehensive mapping of the competitive landscape
If you require specific information that is not currently within the scope of the report, we will provide it to you as part of the personalization.
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
IMARC Group is a leading market research firm providing management strategy and market research worldwide. We partner with clients across all sectors and regions to identify the most value opportunities, address the most critical challenges, and transform their businesses.
IMARC’s information products cover key markets, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech enterprises. Market forecasts and industry analysis of biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the forefront of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
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