Market Size of United States Food Acidulants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.72 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Food Acidulants Market Analysis
The United States food acidulants market is projected to grow at a CAGR of 3.72% during the forecast period (2020 - 2025).
- Acidulants are one of the major food additives used in the food & beverage industry and are one of the fastest-growing segments. The main function of the acidulants is to stabilize the pH level of the food product and preserve the product shelf life.
- Citric acid is the most used acid in food products, due to its compatibility with most of the end products. In most processed foods, lactic acid is not only used to regulate acidity but also as an antioxidant and a preservative.
- Consumers in the United States are more health-conscious than ever before and have increased their demand for specificities from the products to its freshness and safety. The consumers' interest in food and beverage products prepared from safe ingredients is projected to remain strong in the near future. This factor is driving the market for natural food acidualnts.
US Food Acidulants Industry Segmentation
The United States food acidulants market is segmented based on type and application. By type, food acidulants market is segmented into citric acid, lactic acid, acetic acid, and others. The application segment involves beverages, dairy, bakery, meat, confectionery, and others.
By Type | |
Citric Acid | |
Lactic Acid | |
Acetic Acid | |
Others |
By Application | |
Beverages | |
Dairy | |
Bakery | |
Meat & Poultry | |
Confectionery | |
Others |
United States Food Acidulants Market Size Summary
The United States food acidulants market is experiencing significant growth, driven by the increasing demand for food additives that stabilize pH levels and extend product shelf life. Acidulants, particularly citric acid, play a crucial role in the food and beverage industry, offering functions such as sterilization, bacterial stabilization, and flavor enhancement. The rising health consciousness among American consumers has led to a preference for products made with safe and natural ingredients, further propelling the demand for natural food acidulants. Citric acid, in particular, is widely used in the production of various food items, including yogurt, sausages, and soft drinks, due to its compatibility and multifunctional benefits.
The beverage industry, with its growing consumption of soft drinks, energy drinks, and juice drinks, is a significant contributor to the demand for acidulants. Acidulants serve as preservatives, especially in beverages with high water activity, to prevent microbial growth. Phosphoric acid is notably used in cola drinks, supported by regulatory approvals from the United States Food and Drug Administration. The market is highly competitive, dominated by global players like Tate & Lyle PLC and Archer Daniels Midland Company, who are expanding production capacities and innovating products to meet the rising consumer demand. The steady growth in both alcoholic and non-alcoholic beverage applications further enhances the market share of these key players.
United States Food Acidulants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Citric Acid
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2.1.2 Lactic Acid
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2.1.3 Acetic Acid
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2.1.4 Others
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2.2 By Application
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2.2.1 Beverages
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2.2.2 Dairy
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2.2.3 Bakery
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2.2.4 Meat & Poultry
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2.2.5 Confectionery
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2.2.6 Others
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United States Food Acidulants Market Size FAQs
What is the current United States Food Acidulants Market size?
The United States Food Acidulants Market is projected to register a CAGR of 3.72% during the forecast period (2024-2029)
Who are the key players in United States Food Acidulants Market?
Cargill, Incorporated, Tate & Lyle PLC, Jungbunzlauer Suisse AG, Corbion NV and Archer Daniels Midland Company are the major companies operating in the United States Food Acidulants Market.