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South America Food Acidulants Market Size (2024 - 2029)

The South America Food Acidulants market is experiencing growth driven by the increasing application of these substances in the food and beverage sector. In countries like Brazil, food-grade phosphoric acid is utilized for various purposes, including as a liquid cleaner and for clarifying fruit juices. Additionally, the rising use of food acidulants such as citric acid in products like breakfast cereals, cereal bars, packed coffee beverages, seasoned waters, and processed foods further contributes to the market's expansion.

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Market Size of South America Food Acidulants Industry

Number
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.01 %
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

South America Food Acidulants Market Analysis

The South America Food Acidulants market is forecasted to witness a CAGR of 6.01% during the forecast period (2020 - 2025).

  • The South American countries like Brazil make use of the 85% Phosphoric Acid- Food Grade as a liquid cleaner. It is used for clarification of fruit juices after liming processes. Thereby food phosphoric acid is driving the market in the region.
  • Moroever, the breakfast cereal, cereal bars, packed coffee beverages, seasoned waters and processed foods produced in the region also contain increasing amount of food acidulants such as citric acid, food-grade phosphoric acid occasionally, due to its preserving nature. Therefore, the increaseing application of food acidulants in the food an beverage sector in South America region, is expected to drive the market further.

South America Food Acidulants Industry Segmentation

The South America food acidulants market is segmented based on type, application, and geography. By type, food acidulants market is segmented into citric acid, lactic acid, acetic acid, phosphoric acid, malic acid, and others. The application segment involves beverages, dairy & frozen products, bakery, meat industry, confectionery, and others.

By Type
Citric Acid
Lactic Acid
Acetic Acid
Phosphoric Acid
Malic Acid
Others
by Application
Beverages
Dairy & Frozen products
Bakery
Meat Industry
Confectionery
Others
By Geography
Brazil
Argentina
Colombia
Rest of South America
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South America Food Acidulants Market Size Summary

The South America Food Acidulants market is experiencing significant growth, driven by the increasing application of these acidulants in the food and beverage sector. Countries like Brazil are utilizing food-grade phosphoric acid for various purposes, such as clarifying fruit juices and as a preservative in breakfast cereals, cereal bars, packed coffee beverages, seasoned waters, and processed foods. The demand for citric acid, a widely used food acidulant, is also on the rise, particularly in carbonated soft drinks and as a dietary supplement to enhance vitamin absorption. The prominence of the lemon and lime industry in Argentina further boosts the demand for citric acid, with a significant concentration of lemon production in Tucum√°n.

The market for food-grade phosphoric acid is also supported by its use in the refining of edible palm oil, a major industry in the region. Despite past economic challenges in Brazil, the market is expected to recover and grow, with key players like Cargill and Tate & Lyle expanding their presence to capitalize on the high demand for citric acid. The food and beverage industry remains the dominant application sector for various acidulants, including citric and phosphoric acids, which are used to modify pH and improve product quality in dairy and other food products. This growing demand across multiple industries is anticipated to drive the market forward in the coming years.

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South America Food Acidulants Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Citric Acid

      2. 2.1.2 Lactic Acid

      3. 2.1.3 Acetic Acid

      4. 2.1.4 Phosphoric Acid

      5. 2.1.5 Malic Acid

      6. 2.1.6 Others

    2. 2.2 by Application

      1. 2.2.1 Beverages

      2. 2.2.2 Dairy & Frozen products

      3. 2.2.3 Bakery

      4. 2.2.4 Meat Industry

      5. 2.2.5 Confectionery

      6. 2.2.6 Others

    3. 2.3 By Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Argentina

      3. 2.3.3 Colombia

      4. 2.3.4 Rest of South America

South America Food Acidulants Market Size FAQs

The South America Food Acidulants Market is projected to register a CAGR of 6.01% during the forecast period (2024-2029)

Cargill, Incorporated, Tate & Lyle, SUCROAL, Archer Daniels Midland Company and Corbion NV are the major companies operating in the South America Food Acidulants Market.

South America Food Acidulants Report Snapshots

South America Food Acidulants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)