About Citric Acid
Citric acid is an organic weak acid, which is a vital intermediary in metabolism. Naturally, citric acid is found in citrus vegetables and fruits. Citric acid is extensively used in foods and beverages, pharmaceuticals and personal care products, detergents and cleaners, and other applications such as animal feed and industrial applications. In foods and beverages, citric acid is profoundly used as a preservative, flavoring agent, acidifier, and chelating agent.

Technavio’s analysts forecast the global citric acid market to grow at a CAGR of 5.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global citric acid market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of citric acid.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW

Technavio's report, Global Citric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Archer Daniels Midland
• Cargill
• COFCO Biochemical (Anhui)
• Gadot Biochemical Industries
• Jungbunzlauer Suisse
Other prominent vendors
• HUANGSHI XINGHUA BIOCHEMICAL
• RZBC GROUP
• Citrique Belge
• Weifang Ensign Industry
Market driver
• Growing demand for citric acids from detergents and cleaners
• For a full, detailed list, view our report

Market challenge
• Potential substitute: Lactic acid
• For a full, detailed list, view our report

Market trend
• Health awareness and deficiencies among consumers
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.