(Australia-NewsWire.Com, January 05, 2018 ) The report “Acidity Regulators Market by Product Type (Lactic Acid, Citric Acid, Acetic Acid, Malic Acid, Phosphoric Acid), by Application (Sauces, Dressings & Condiments, Beverages, Processed Food, Bakers & Confectionery), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” was worth USD 4.52 billion in 2016 and estimated to be growing at a CAGR of 8.14%, to reach USD 6.68 billion by 2021. The Acidity Regulators market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising awareness about health, nutrition and food safety, and thus people are taking appropriate measures for health management.
Acidity Regulators are an important component of the food additives industry. Food acidity regulators are responsible for food flavoring and providing them with an acidic medium, which helps in increasing the shelf life of the products. They are also used as preservative to avoid any microbial activity in food products.
Increasing demand for food & beverages as well as food safety, among consumers has been the driving force for the market over recent years. Other factors helping the growth of the market include emerging value added products in the market, increasing focus on health and nutrition, shift of demand towards sauces, dressings and condiments and finally the impact of modern technology. On the other hand, there are factors which hinder the growth of the market. These include possibility of ill effects on health and the market being flooded by the low cost suppliers. These factors have been restraining the market from reaching its potential.
The Global Acidity Regulators Market is segmented on the basis of product type and application. The market segmentation on the basis of type is done under acetic acid, lactic acid, malic acid, citric acid, phosphoric acid and others. Based of application the market is segmented into Sauces, Dressings & Condiments, Processed Food, Beverages, Bakers and Confectionery. Citric acid accounts for almost half of the market share based on product type, followed by phosphoric acid. While on the basis of application, the processed foods segment is expected to be the fastest growing one. On the basis of geography, the Acidity Regulators Market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Acidity Regulators market was dominated by Asia-Pacific, with the overall market share of over 34% globally. Asia-Pacific was followed by Europe and North America. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Some of the major companies dominating the Acidity Regulators Market, by their products and services include American Tartaric Products Inc., Bartek Ingredients Inc., Brenntag Pacific Inc., Cargill Incorporated, Fbc Industries Inc., Fosfa Chemicals, Fuerst Day Lawson Ltd., Hawkins Watts Ltd., H Plus Ltd., Merko Group Llc.
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