Japan Food Acidulants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.78 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Food Acidulants Market Analysis
The Japanese food acidulants market is projected to reach a CAGR of 3.78% during the forecast period, 2020-2025.
- The main function of acidulants is to stabilize the pH level of food products and preserve the products' shelf-life. Apart from this, they function as gelling agents, as flavor enhancers in confectionery products, and improve the taste in beverages.
- Apart from controlling the acidity levels, these ingredients assist in the preservation of food and drinks and act as gelling agents. Acidulants are used to obtain a sharp taste, especially in sauces, jams, and CSDs.
Japan Food Acidulants Market Trends
This section covers the major market trends shaping the Japan Food Acidulants Market according to our research experts:
Citric Acid holds a Prominent Share
Citric acid is the most prevalent organic acid used in food and beverages. Additionally, it is a natural flavoring agent and preservative used in food preparation, due to its compatibility with most end products. In developing markets, like India, cost plays a vital role in the sales of products. The affordable prices of citric acid allow manufacturers to use it efficiently in the manufacturing of food, beverage, pharmaceuticals, etc. Looking for attractive market opportunities, local manufacturers launched a range of citric acid in various forms, to cater to the rising demand across industries.
Growing Demand for Convenience Food
The demand for convenience food is rising at a faster pace, due to changes in social and economic patterns, as well as an increase in urbanization, buying power, and awareness about health foods, changes in meal patterns, etc. They are becoming extremely popular, especially among working-class people, teenagers, people living in hostels, and bachelors. Convenience, coupled with the increase in health consciousness, could be a major reason for the growth in certain food categories, such as packed fruit juices. Food acidulants serve an essential role in the manufacturing of packaged and convenience food. Additionally, they are widely used to preserve the flavor and maintain the taste and other olfactory properties. Moreover, they help in reducing spoilage from air, bacteria, fungi, and yeast, which in turn, increases the products' shelf-life.
Japan Food Acidulants Industry Overview
The Japanese food acidulants market is competitive, with the presence of various regional and global players. The key players are also known for the adoption of effective production standards and higher operational capabilities, particularly in the design and development of specialized grades of acidulants. Some of the players who have been profiled in this market are ADM, Corbion, Cargill, Jungbunzlauer Ag, and Tate & Lyle, among others.
Japan Food Acidulants Market Leaders
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ADM
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Cargill Inc
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Tate & Lyle
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Corbion
*Disclaimer: Major Players sorted in no particular order
Japan Food Acidulants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 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 The Archer Daniels Midland Company
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6.3.2 Cargill Inc.
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6.3.3 Tate & Lyle
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6.3.4 Corbion
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6.3.5 Jungbunzlauer Ag
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6.3.6 Isegen South Africa (Pty) Ltd
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6.3.7 Univar Solutions Inc.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Japan Food Acidulants Industry Segmentation
The Japanese food acidulants market is segmented by type into citric acid, phosphoric acid, lactic 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 |
Japan Food Acidulants Market Research FAQs
What is the current Japan Food Acidulants Market size?
The Japan Food Acidulants Market is projected to register a CAGR of 3.78% during the forecast period (2024-2029)
Who are the key players in Japan Food Acidulants Market?
ADM, Cargill Inc, Tate & Lyle and Corbion are the major companies operating in the Japan Food Acidulants Market.
What years does this Japan Food Acidulants Market cover?
The report covers the Japan Food Acidulants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Food Acidulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Food Acidulants Industry Report
Statistics for the 2024 Japan Food Acidulants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Food Acidulants analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
