Beverage Acidulants Market Analysis By Type (Citric Acid, Phosphoric Acid, Malic Acid, Tartaric Acid, Acetic Acid, Others), By Application (Carbonated Beverages, Non-carbonated Beverages, Fruit Drinks, Sports & Energy Drinks, Others), and By Region Forecast to 2032
- Report ID: ME_0053878
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.48 |
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The Beverage Acidulants Market size is estimated to grow at a CAGR of 5.2% between 2022 and 2032. The market size is forecast to increase by USD 2,567.89 million. The growth of the market depends on several factors, including the increasing demand for flavored and carbonated beverages, the rising popularity of ready-to-drink beverages, and the growing consumer preference for acidic taste profiles in beverages. Beverage acidulants are food additives that are used to impart a sour or acidic taste to beverages. They enhance the flavor, provide tartness, and act as pH regulators in various types of beverages, including carbonated drinks, fruit juices, energy drinks, and sports drinks. Acidulants are typically organic acids, such as citric acid, malic acid, tartaric acid, and phosphoric acid, which are derived from natural sources or produced synthetically.
Beverage Acidulants Market Overview
Drivers
One of the key factors driving the beverage acidulants market growth is the increasing demand for flavored and carbonated beverages. Consumers are increasingly seeking unique and refreshing flavors in their beverages, leading to a rise in the demand for flavored drinks. Acidulants play a crucial role in enhancing the taste and providing the desired level of tartness in these beverages. Additionally, the growing popularity of carbonated drinks, such as sodas and sparkling water, further fuels the demand for acidulants as they contribute to the characteristic tangy taste and effervescence of these beverages. Hence, the increasing demand for flavored and carbonated beverages is expected to drive market growth during the forecast period.
Trends
A key trend shaping the beverage acidulants market is the rising popularity of ready-to-drink (RTD) beverages. RTD beverages, including ready-to-drink teas, coffees, juices, and energy drinks, have gained significant traction among consumers due to their convenience and on-the-go consumption. Acidulants are widely used in RTD beverages to provide a refreshing and tangy taste. Moreover, the demand for natural and clean label ingredients in RTD beverages has led to the increased use of natural acidulants derived from fruits and vegetables. This trend is driven by the growing consumer preference for healthier and more natural beverage options. Hence, the rising popularity of RTD beverages is expected to fuel the growth of the beverage acidulants market during the forecast period.
Restraints:
One of the key challenges hindering the beverage acidulants market growth is the availability and cost of raw materials. Acidulants are primarily derived from natural sources, such as fruits and vegetables, or produced synthetically. The availability and quality of these raw materials can be influenced by factors such as weather conditions, agricultural practices, and supply chain disruptions. Fluctuations in the availability and cost of raw materials can impact the production and pricing of acidulants, thereby posing challenges for beverage manufacturers. Additionally, the production of synthetic acidulants involves complex chemical processes, which can also contribute to cost constraints. Hence, the availability and cost of raw materials are expected to hinder market growth during the forecast period.
Beverage Acidulants Market Segmentation By Application
The carbonated drinks segment is estimated to witness significant growth during the forecast period. Carbonated drinks, including sodas, sparkling water, and carbonated fruit drinks, are widely consumed beverages globally. Acidulants play a crucial role in providing the characteristic tangy taste and effervescence in these beverages. Citric acid, in particular, is extensively used as an acidulant in carbonated drinks due to its ability to enhance the flavor and act as a pH regulator. The demand for carbonated drinks is driven by factors such as changing consumer preferences, increasing disposable incomes, and the availability of a wide range of flavors and variants. Hence, the growing demand for carbonated drinks is expected to drive the growth of this segment, thereby fueling the overall market growth during the forecast period.
Beverage Acidulants Market Segmentation By Type
The citric acid segment is expected to dominate the beverage acidulants market during the forecast period. Citric acid is one of the most commonly used acidulants in the beverage industry due to its versatile properties and wide availability. It is derived from citrus fruits and is known for its sour taste and pH-regulating capabilities. Citric acid is extensively used in various beverages, including carbonated drinks, fruit juices, energy drinks, and sports drinks. Its ability to enhance flavors, act as a preservative, and provide a refreshing taste makes it a preferred choice for beverage manufacturers. Moreover, the growing demand for natural and clean label ingredients has further boosted the use of citric acid in beverages. Hence, the dominance of the citric acid segment is expected to drive the market growth during the forecast period.
Regional Overview:
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Request pdf SampleNorth America is estimated to contribute significantly to the growth of the global beverage acidulants market during the forecast period. The region has a well-established beverage industry, with a high consumption of carbonated drinks, fruit juices, and energy drinks. The demand for flavored and functional beverages is driven by factors such as changing consumer preferences, increasing health consciousness, and the availability of a wide range of beverage options. Acidulants play a crucial role in enhancing the taste and providing the desired level of tartness in these beverages. Moreover, the growing trend of clean label and natural ingredients has led to the increased use of natural acidulants derived from fruits and vegetables. The presence of major beverage manufacturers and the strong distribution network further support the growth of the beverage acidulants market in North America. Hence, North America is expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the global beverage industry witnessed disruptions in the supply chain and a decline in consumer demand. The closure of restaurants, cafes, and other foodservice establishments, as well as the implementation of lockdown measures, impacted the consumption of beverages. However, with the gradual easing of restrictions and the resumption of economic activities, the beverage industry is expected to recover, thereby driving the demand for beverage acidulants during the forecast period.
Beverage Acidulants Market Customer Landscape
The beverage acidulants market industry report includes an analysis of the customer landscape, covering the adoption lifecycle of the market and the key purchase criteria and drivers of price sensitivity. It helps companies evaluate and develop their growth strategies based on customer preferences and market dynamics.
Who are the Major Beverage Acidulants Market Companies?
Companies in the beverage acidulants market are implementing various strategies, such as product launches, partnerships, acquisitions, and expansions, to strengthen their market position and cater to the evolving consumer demands.
Some of the major companies operating in the beverage acidulants market are:
- Archer Daniels Midland Company
- Brenntag AG
- Cargill, Incorporated
- Citrique Belge N.V.
- Foodchem International Corporation
- Fuerst Day Lawson Ltd.
- Gadot Biochemical Industries Ltd.
- Hawkins, Inc.
- Ingredion Incorporated
- Jungbunzlauer Suisse AG
- Tate & Lyle PLC
- The Chemical Company
- TIC Gums, Inc.
- Univar Solutions Inc.
- Weifang Ensign Industry Co., Ltd.
The research report provides detailed analyses of the competitive landscape of the market and information about 15 market companies. It includes qualitative and quantitative analysis to help clients understand the wider business environment and the strengths and weaknesses of key market players. The data is analyzed to categorize companies based on their focus areas and market dominance.
Segment Overview:
The beverage acidulants market report forecasts market growth by revenue at global, regional, and country levels, providing an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Type Outlook (USD Million, 2019 - 2032):
- Citric Acid
- Phosphoric Acid
- Malic Acid
- Tartaric Acid
- Acetic Acid
- Others
- Application Outlook (USD Million, 2019 - 2032):
- Carbonated Beverages
- Non-carbonated Beverages
- Fruit Drinks
- Sports & Energy Drinks
- Others
- Geography Outlook (USD Million, 2019 - 2032):
- North America
- The U.S.
- Canada
- Europe
- K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
Table of Contents
Section 1 Beverage Acidulants Product Definition
Section 2 Global Beverage Acidulants Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Beverage Acidulants Shipments
2.2 Global Manufacturer Beverage Acidulants Business Revenue
2.3 Global Beverage Acidulants Market Overview
Section 3 Manufacturer Beverage Acidulants Business Introduction
3.1 Cargill Beverage Acidulants Business Introduction
3.1.1 Cargill Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Cargill Beverage Acidulants Business Distribution by Region
3.1.3 Cargill Interview Record
3.1.4 Cargill Beverage Acidulants Business Profile
3.1.5 Cargill Beverage Acidulants Product Specification
3.2 Tate & Lyle Beverage Acidulants Business Introduction
3.2.1 Tate & Lyle Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
3.2.2 Tate & Lyle Beverage Acidulants Business Distribution by Region
3.2.3 Interview Record
3.2.4 Tate & Lyle Beverage Acidulants Business Overview
3.2.5 Tate & Lyle Beverage Acidulants Product Specification
3.3 Archer Daniels Midland Beverage Acidulants Business Introduction
3.3.1 Archer Daniels Midland Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
3.3.2 Archer Daniels Midland Beverage Acidulants Business Distribution by Region
3.3.3 Interview Record
3.3.4 Archer Daniels Midland Beverage Acidulants Business Overview
3.3.5 Archer Daniels Midland Beverage Acidulants Product Specification
3.4 Corbion Beverage Acidulants Business Introduction
3.5 Batory Nutra Beverage Acidulants Business Introduction
3.6 Parry Enterprises Beverage Acidulants Business Introduction
Section 4 Global Beverage Acidulants Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Beverage Acidulants Market Size and Price Analysis 2014-2018
4.1.2 Canada Beverage Acidulants Market Size and Price Analysis 2014-2018
4.2 South America Country
4.2.1 South America Beverage Acidulants Market Size and Price Analysis 2014-2018
4.3 Asia Country
4.3.1 China Beverage Acidulants Market Size and Price Analysis 2014-2018
4.3.2 Japan Beverage Acidulants Market Size and Price Analysis 2014-2018
4.3.3 India Beverage Acidulants Market Size and Price Analysis 2014-2018
4.3.4 Korea Beverage Acidulants Market Size and Price Analysis 2014-2018
4.4 Europe Country
4.4.1 Germany Beverage Acidulants Market Size and Price Analysis 2014-2018
4.4.2 UK Beverage Acidulants Market Size and Price Analysis 2014-2018
4.4.3 France Beverage Acidulants Market Size and Price Analysis 2014-2018
4.4.4 Italy Beverage Acidulants Market Size and Price Analysis 2014-2018
4.4.5 Europe Beverage Acidulants Market Size and Price Analysis 2014-2018
4.5 Other Country and Region
4.5.1 Middle East Beverage Acidulants Market Size and Price Analysis 2014-2018
4.5.2 Africa Beverage Acidulants Market Size and Price Analysis 2014-2018
4.5.3 GCC Beverage Acidulants Market Size and Price Analysis 2014-2018
4.6 Global Beverage Acidulants Market Segmentation (Region Level) Analysis 2014-2018
4.7 Global Beverage Acidulants Market Segmentation (Region Level) Analysis
Section 5 Global Beverage Acidulants Market Segmentation (Product Type Level)
5.1 Global Beverage Acidulants Market Segmentation (Product Type Level) Market Size 2014-2018
5.2 Different Beverage Acidulants Product Type Price 2014-2018
5.3 Global Beverage Acidulants Market Segmentation (Product Type Level) Analysis
Section 6 Global Beverage Acidulants Market Segmentation (Industry Level)
6.1 Global Beverage Acidulants Market Segmentation (Industry Level) Market Size 2014-2018
6.2 Different Industry Price 2014-2018
6.3 Global Beverage Acidulants Market Segmentation (Industry Level) Analysis
Section 7 Global Beverage Acidulants Market Segmentation (Channel Level)
7.1 Global Beverage Acidulants Market Segmentation (Channel Level) Sales Volume and Share 2014-2018
7.2 Global Beverage Acidulants Market Segmentation (Channel Level) Analysis
Section 8 Beverage Acidulants Market Forecast 2018-2026
8.1 Beverage Acidulants Segmentation Market Forecast (Region Level)
8.2 Beverage Acidulants Segmentation Market Forecast (Product Type Level)
8.3 Beverage Acidulants Segmentation Market Forecast (Industry Level)
8.4 Beverage Acidulants Segmentation Market Forecast (Channel Level)
Section 9 Beverage Acidulants Segmentation Product Type
9.1 By Source Product Introduction
9.2 Synthetic Beverage Acidulants Product Introduction
9.3 Organic Beverage Acidulants Product Introduction
9.4 By Form Product Introduction
9.5 Powder Product Introduction
Section 10 Beverage Acidulants Segmentation Industry
10.1 Soft Drinks Clients
10.2 Alcoholic Drinks Clients
Section 11 Beverage Acidulants Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure Beverage Acidulants Product Picture from Cargill
Chart 2014-2018 Global Manufacturer Beverage Acidulants Shipments (Units)
Chart 2014-2018 Global Manufacturer Beverage Acidulants Shipments Share
Chart 2014-2018 Global Manufacturer Beverage Acidulants Business Revenue (Million USD)
Chart 2014-2018 Global Manufacturer Beverage Acidulants Business Revenue Share
Chart Cargill Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
Chart Cargill Beverage Acidulants Business Distribution
Chart Cargill Interview Record (Partly)
Figure Cargill Beverage Acidulants Product Picture
Chart Cargill Beverage Acidulants Business Profile
Table Cargill Beverage Acidulants Product Specification
Chart Tate & Lyle Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
Chart Tate & Lyle Beverage Acidulants Business Distribution
Chart Tate & Lyle Interview Record (Partly)
Figure Tate & Lyle Beverage Acidulants Product Picture
Chart Tate & Lyle Beverage Acidulants Business Overview
Table Tate & Lyle Beverage Acidulants Product Specification
Chart Archer Daniels Midland Beverage Acidulants Shipments, Price, Revenue and Gross profit 2014-2018
Chart Archer Daniels Midland Beverage Acidulants Business Distribution
Chart Archer Daniels Midland Interview Record (Partly)
Figure Archer Daniels Midland Beverage Acidulants Product Picture
Chart Archer Daniels Midland Beverage Acidulants Business Overview
Table Archer Daniels Midland Beverage Acidulants Product Specification
3.4 Corbion Beverage Acidulants Business Introduction
Chart United States Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart United States Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Canada Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Canada Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart South America Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart South America Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart China Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart China Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Japan Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Japan Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart India Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart India Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Korea Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Korea Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Germany Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Germany Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart UK Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart UK Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart France Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart France Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Italy Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Italy Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Europe Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Europe Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Middle East Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Middle East Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Africa Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Africa Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart GCC Beverage Acidulants Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart GCC Beverage Acidulants Sales Price ($/Unit) 2014-2018
Chart Global Beverage Acidulants Market Segmentation (Region Level) Sales Volume 2014-2018
Chart Global Beverage Acidulants Market Segmentation (Region Level) Market size 2014-2018
Chart Beverage Acidulants Market Segmentation (Product Type Level) Volume (Units) 2014-2018
Chart Beverage Acidulants Market Segmentation (Product Type Level) Market Size (Million $) 2014-2018
Chart Different Beverage Acidulants Product Type Price ($/Unit) 2014-2018
Chart Beverage Acidulants Market Segmentation (Industry Level) Market Size (Volume) 2014-2018
Chart Beverage Acidulants Market Segmentation (Industry Level) Market Size (Share) 2014-2018
Chart Beverage Acidulants Market Segmentation (Industry Level) Market Size (Value) 2014-2018
Chart Global Beverage Acidulants Market Segmentation (Channel Level) Sales Volume (Units) 2014-2018
Chart Global Beverage Acidulants Market Segmentation (Channel Level) Share 2014-2018
Chart Beverage Acidulants Segmentation Market Forecast (Region Level) 2018-2026
Chart Beverage Acidulants Segmentation Market Forecast (Product Type Level) 2018-2026
Chart Beverage Acidulants Segmentation Market Forecast (Industry Level) 2018-2026
Chart Beverage Acidulants Segmentation Market Forecast (Channel Level) 2018-2026
Chart By Source Product Figure
Chart By Source Product Advantage and Disadvantage Comparison
Chart Synthetic Beverage Acidulants Product Figure
Chart Synthetic Beverage Acidulants Product Advantage and Disadvantage Comparison
Chart Organic Beverage Acidulants Product Figure
Chart Organic Beverage Acidulants Product Advantage and Disadvantage Comparison
Chart By Form Product Figure
Chart By Form Product Advantage and Disadvantage Comparison
Chart Powder Product Figure
Chart Powder Product Advantage and Disadvantage Comparison
Chart Soft Drinks Clients
Chart Alcoholic Drinks Clients
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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