The Global Citric Acid Market size is expected to grow at an annual average of 5% during 2021-2027. Citric acid is a weak organic acid that occurs naturally in citrus fruits. It is produced commercially by fermentation process and appears as a white, odorless, crystalline powder at room temperature. Citric acid is widely used in the food and beverage industry as a preservative, antioxidant, acidulant, emulsifier, chelating agent, and flavoring agent. It finds applications in a variety of industries such as beverage, bakery and confectionery, soups, sauces, sweet and savory snacks, dressings, and more.
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A full report of Global Citric Acid Market is available at: https://www.orionmarketreports.com/citric-acid-market/30842/
The following Segmentation are covered in this report:
On the basis of key forms:
- Anhydrous citric acid
- Liquid citric acid
On the basis of key functions:
- Acidulant
- Preservative
- Antioxidant
- Sequestrant
On the basis of applications:
- Beverages
- Confectioneries
- Convenience food products (creams, fats, mayonnaise, soups & sauces, oils, and fillings)
- Dairy products
The report covers the following objectives:
- Proliferation and maturation of trade in the global Citric Acid Market.
- The market share of the global Citric Acid Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Citric Acid Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Citric Acid Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
