The global acidity regulators market is expected to grow at a steady rate during the forecast period. The growth of the acidity regulators market is attributed to the increasing demand for processed foods and increasing health conscious consumers. Moreover, the increase in disposable income of the consumer and the fondness towards the ready to eat food and beverages is also driving the growth of acidity regulators market. Easily consumable, ready to make, high shelf life, and time-saving properties of acidity regulators foods make them apt for busy lifestyle and thrive the market growth. In addition, availability of such foods and the increasing purchasing power of consumers in the developing countries have augmented the growth of the acidity regulators market. However, excess consumption of acidity regulators leads to diarrhea, vomiting, and nausea which may hamper the market growth.
Acidity regulators are high-value ingredients that are used as an essential additive in food & beverages industry. Acidity regulators maintain the acidity of the food product by balancing the pH level and impart sharp taste to the food products. They also act as gelling agent, taste modifiers and preservatives in many beverages. Acidity regulators can be extracted naturally or can be synthetically produced.
The acidity regulators market can be segmented by type, and region. By type, acidity regulators are segmented as Citric acid, Phosphoric acid, Lactic acid, Acetic acid, Malic acid and others. Citric acid is expected to dominate the market during the forecast period on account of its increasing usage in non-alcoholic beverages such as fruit and vegetable juice. Malic acid type is expected to grow at a healthy rate during 2018-2024. Malic acid is increasingly being used to impart sour taste to fruit and vegetable juices.
Asia-Pacific is expected to dominate the acidity regulators market owing to the growth of food & beverage industry coupled with rising disposable income in China and India. North American acidity regulators market is expected to witness healthy growth due to increased fruit & beverage consumption in the U.S. In Rest of the World region, rising demand for processed food in Brazil and Middle East countries including Saudi Arabia will lead to the expansion of market growth during the forecast period.
The leading players in the global acidity regulators market include Archer Daniels Midland Company, Jungbunzlauer India Pvt. Ltd., ATP group, Bertek Ingredient Incorporation, Celrich Products Pvt. Ltd., F.B.C Industries Inc., Fuerst Day Lawson Ltd, and Chemelco International B.V. among others.
Global Acidity Regulators Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024