Brazil Food Acidulants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brazil Food Acidulants Market Analysis
The Brazilian food acidulants Market is anticipated to register a CAGR of 7.5% during the forecast period (2020-2025).
- A wide scope of application in the food and beverage industry, coupled with a range of functional benefits provided by food acidulants, are the key factors driving the food acidulants market in the country.
- With the economic development, along with changing consumer behavior in the country, it outshines as a promising market for the food and beverage industry supplementing the consumption of food acidulants.
Brazil Food Acidulants Market Trends
This section covers the major market trends shaping the Brazil Food Acidulants Market according to our research experts:
Increasing Demand For Processed Foods in the Country
Commercially, the most attractive markets for ultra-processed food and drink products are no longer the fully industrialized high-income countries. They are the middle-and low-income countries, including Brazil. Brazil has shown rapid demand for processed foods in the past few years. Ultra-processed foods are the market segment that found a faster growth in the country. The nutritional profile of the fraction of ultra-processed food consumption, which showed higher energy density, higher overall fat content, higher saturated and trans fat, higher levels of free sugar and less fiber, protein, sodium, and potassium, when compared to the fraction of consumption related to natural or minimally processed foods, have propelled the demand. Thus, the increasing demand for processed food in the region is expected to boost the market sales.
Citric Acid is the Most Used Acidulant
Citric acid is the most prevalent organic acid used in food and beverages. It is a natural flavoring agent and preservative used in food preparations, due to its compatibility with most of the end products. In the developing markets, like Brazil, price plays a vital role in the sale of products. The affordable prices of citric acid allow the manufacturers to use it efficiently in the manufacturing of food, beverage, pharmaceuticals, etc. Looking for attractive market opportunities, the local manufacturers are launching citric acid in various forms, to cater to the rising demand across industries.
Brazil Food Acidulants Industry Overview
The Brazilian food acidulants market is a fragmented market with the presence of various regional and global players. The key players are also known to adopt effective production standards, higher operational capabilities, particularly with the design and development of specialized grades of acidulants.
Brazil Food Acidulants Market Leaders
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Cargill Incorporated
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Tate & Lyle
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ADM
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Kemin Industries, Inc
*Disclaimer: Major Players sorted in no particular order
Brazil Food Acidulants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Citric acid
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5.1.2 Phosphoric acid
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5.1.3 Lactic acid
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5.1.4 Other Types
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy and Frozen products
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5.2.3 Bakery
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5.2.4 Meat Industry
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5.2.5 Confectionery
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5.2.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill Incorporated
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6.3.2 Tate & Lyle
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6.3.3 The Archer Daniels Midland Company
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6.3.4 Kemin Industries Inc
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6.3.5 Brenntag
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6.3.6 Maxsoy Foods
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6.3.7 Elekeiroz
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6.3.8 CHEMCARE
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Food Acidulants Industry Segmentation
The Brazilian food acidulants Market is segmented by type into citric acid, lactic acid, phosphoric acid, and other types. By Application, the market is segmented into beverages, dairy and frozen products, bakery, meat industry, confectionery, and other applications.
| By Type | |
| Citric acid | |
| Phosphoric acid | |
| Lactic acid | |
| Other Types |
| By Application | |
| Beverages | |
| Dairy and Frozen products | |
| Bakery | |
| Meat Industry | |
| Confectionery | |
| Other Applications |
Brazil Food Acidulants Market Research FAQs
What is the current Brazil Food Acidulants Market size?
The Brazil Food Acidulants Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)
Who are the key players in Brazil Food Acidulants Market?
Cargill Incorporated, Tate & Lyle, ADM and Kemin Industries, Inc are the major companies operating in the Brazil Food Acidulants Market.
What years does this Brazil Food Acidulants Market cover?
The report covers the Brazil Food Acidulants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Food Acidulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Food Acidulants Industry Report
Statistics for the 2024 Brazil Food Acidulants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Food Acidulants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Brazil Food Acidulants Report Snapshots
