The European food acidulants market is projected to grow at a CAGR of 6.9% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the growth in the food & beverages industry in the region. Properties possessed by these acidulants such as increased shelf life, enhanced taste, and food preservative are also likely to drive the growth of the market over the forecast period. Further, there has also been increased adoption of cheese and other dairy-based products, and packaged products, thereby, the adoption of which also contributes to the market.
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The European food acidulants market is segmented on the basis of type and application. Based on the type, the market is segmented into acetic acid, citric acid, lactic acid, malic acid, phosphoric acid, and others. The lactic acid segment is likely to hold a substantial share in the market. Based on the applications, the market is segmented into dairy & frozen products, bakery & confectionery, beverages, meat products, and others. The beverages segment is likely to hold a substantial share in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Europe Food Acidulants Market – Segmentation
By Type
- Acetic Acid
- Citric Acid
- Lactic Acid
- Malic Acid
- Phosphoric Acid
- Others
By Applications
- Dairy & Frozen products
- Bakery & Confectionery
- Beverages
- Meat Products
- Others
Europe Food Acidulants Market – Countries Covered
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
The Report covers:
- Comprehensive research methodology of the European food acidulants market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European food acidulants market.
- Insights about market determinants which are stimulating the European food acidulants market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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