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FO_171836
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Pages: 110
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Jan 2017 | 1525 Views
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Author's :
Sriram Radhakrishnan
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Tables: 58
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The Acidity Regulators Market is anticipated to reach $7,056 million, and grow growing at a CAGR of 7.96%, during the period, 2016‐2022. Acidity regulators are vital ingredients, used in beverages and food products.
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The acidity regulation market is expected to witness notable growth owing to its wide application as a preservative, flavoring agent, and taste enhancer or taste modifier, in the coming years. Increase in usage of acidity regulators in the food & beverage industry, such as in bakery, confectionery, sauces, condiments, and dressings is expected to fuel the market growth. Moreover, growth in demand for fast food, cold drink, and other food & beverages would supplement the market growth. The impact of these drivers is expected to increase significantly due to rise in awareness about the benefits of the regulators. The excessive consumption of these regulators results in diarrhea, nausea, and vomiting which restrain the market growth. The advancement in technology would result in decrease in cost of acidity regulators in the future.
Market Dynamics:
The use of acidity regulators, such as flavoring agent, preservative, antioxidants, and chelating agent drives the acidity regulators market growth. However, overconsumption of acidity regulators leading to health issues is expected to restrain the market development. The impact of drivers is estimated to be higher than the restraints. Moreover, an increase in the effects of drivers and restraints is anticipated to reveal new market opportunities for key players.
Top Impacting Factors of Acidity Regulators Market:
The significant impacting factors include increase in demand for citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. Strict government regulations influence the market to control adulterations, enhance the shelf life, inhibit the growth of microorganisms, and prevent food products from rancidity. The abovementioned factors collectively create opportunities by increasing the demand for acidity regulators, thus driving market growth, while excessive intake of these regulators cause health impacts poses limitations. However, each factor would have its definite impact on the industry during the forecast period.
The leading market players focus to expand their business operations in the emerging countries. These companies have consistently introduced innovative solutions to enhance their product portfolio. The major players profiled in the report include Archer Daniels Midland Company, Jungbunzlauer India Pvt. Ltd., Bertek Ingredient Incorporation, ATP group, Celrich Products Pvt. Ltd., Chemelco International B.V., F.B.C Industries Inc., and Fuerst Day Lawson Ltd.
Other players in the value chain include Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., and Innophos Holding Inc.
Key Benefits of the Acidity Regulators Market Report:
Acidity regulators are vital ingredients used in beverages and food products. They are expected to witness notable growth in future owing to their wide application as a preservative, flavoring agent, taste enhancer, or taste modifier in bakery, confectionery, sauces, condiments, and dressings. Moreover, growth in demand for fast food, cold drink, and other food and beverages supplements the market growth. The impact of these drivers is expected to increase significantly due to rise in awareness about the benefits of acidity regulators. However, overconsumption of these regulators leads to health issues such as diarrhea, nausea, and vomiting, thus hindering market growth. With the advancement in technology, cost of acidity regulators is expected to reduce in the near future.
Citric acid was the highest revenue-generating segment. Based on application type, the market is divided into beverages; sauces, condiments, and dressings; processed food; bakery; and confectionery. Beverages and processed food are anticipated to grow at higher growth rates.
Asia-Pacific was the highest revenue-generating segment and is expected to maintain its dominant position over the forecast period. North America and Europe are the second and third leading regions for acidity regulators market, respectively.
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