Citric Acid Anhydrous Market
Citric Acid Anhydrous Market to register a robust CAGR during the forecast period, 2021-2031. Demand for healthy food additives to drive market demand
Citric acid anhydrous demand is predicted to rise throughout the forecast period, owing to the growing global demand for healthy food additives. The demand for citric acid anhydrous dominates in the food and beverages industry more than three quarters with North American market driving the business from front seat accounting more than 23% global share. It is also used in cosmetics industry and have various applications for the production of different end products. Pharmaceutical industry demand for citric acid anhydrous is predicted to expand at a robust CAGR over the assessment period.
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After reading the Citric Acid Anhydrous market report, readers can:
Key Segmentation
On the basis of grade, the market can be segmented into
On the basis of form, the market can be segmented into
On the basis of application, the market can be segmented into
On the basis of packaging type, the market can be segmented into
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Who are the Key Players Present in Market?
Some of the key players operating in the global anhydrous market are:
Furthermore, it is widely used for the production of hair care products, skincare and toiletries products. Anhydrous citric acid also behaves as a buffering and neutralizing agent due to which there is a high demand for skincare and cosmetics products. It is primarily used in the pharmaceutical industry because of its antioxidant property and used as a preservative in the formulation of the medicine.
Due to its widespread application in various industries, sales are expected to rise at faster rate.
It is important for boosting flavours, especially in the beverages, because it has a tangy, refreshing flavour that balances out the sweetness of many drinks. Citric acid is also widely used in the dairy sector, particularly in the manufacturing and processing of cheese. The acids aids in the formation of ideal environment for the emulsion stabilization. During the production of beers and wine, it is used as pH regulator. It can also be used to prevent oxidation and browning of fresh fruits and vegetables.
Hence, anhydrous citric acid has a wide range of application in the food and beverage industry which are the key factors included in providing a great potential for the market.
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