Market Trends of Canada Food Acidulants Industry
This section covers the major market trends shaping the Canada Food Acidulants Market according to our research experts:
Wide Application in Growing Confectionery Market
The advancement in the confectionery industry dedicated to health-oriented consumers with the development of low-calorie, organic products are gaining a large number of consumer base supplementing the growth of additives market including food acidulants. Furthermore, the booming demand for premium chocolates among work professionals and burgeoning millennials has significantly increased the chocolate consumption in Canada. In confectioneries, malic acid is gaining popularity due to its multi-function properties of blending in fruit flavors and creating sourness. Hence, developing a considerable demand for specific acidulants in the industry.
Citric Acid Holds a Prominent Share in the Market Studied
Abundant availability, lower-cost production, wide application scope, and multi-functional attributes are few factors augmenting the growth of the citric acid market in Canada. Since the majority of citric acid is consumed in beverages, the industry accounts for leading consumers of the product in the food and beverage sector. While confectionery records a considerable growth in citric acid consumption. Furthermore, the major applications of citric acid is seen in non-alcoholic beverages and soft drinks. Beverages are the major segment for Acidulants followed by seasonings, condiments sauces and processed food products.