Acidity Regulators Market trends research by 2018-2024 Acidity Regulators Market | Page 2

Acidity regulators product demand may grow significantly owing to increasing
application in beverages, sauces, condiments & dressings, bakery & confectionery
and processed food. The product is also experiencing adoption in diverse industries
which includes cosmetics and skin care products. These cosmetic products need to
have their pH matched directly to that of the skin to avoid adverse reactions. Global
skincare market size was approximately USD 130 billion in 2017 owing to rising
demand for natural ingredients and increasing disposable income, thus providing new
growth opportunities for the market.
North America acidity regulators market size, led by Mexico, Canada, and the U.S.
may sustain its steady growth on account of rising soft drink and bottled beverage
consumption U.S. Non-alcoholic beverage market size may reach USD 240 billion by
2024 owing to increase in demand for energy drinks in the region.
Asia Pacific, led by South Korea, Australia, Malaysia, Japan, India and China acidity
regulators market size is likely witness significant gains owing to rising processed food
demand, growth in middle-class population and presence of large manufacturers in
China. Increasing consumption of non-alcoholic and soft drink beverages may boost
product demand in the region. Asia soft drink market may grow to USD 390 billion in
the foreseeable period on account of rising industrialization and lifestyle change which
presents ample growth opportunities for the product.
These products impart various side effects on the body leading to vomiting, diarrhea
and nausea upon overconsumption of the product which may hamper the acidity
regulators market demand. Stringent government regulations on food additives,
fluctuating raw material costs along with the risk of low-cost suppliers in the market
may further have a negative impact on acidity regulators demand.
Acidity regulators market share is moderately competitive and fragmented with
companies such as Cargill, ADM, Tate and Lyle, Celrich Products, Jungbunzlauer
India and Fuerst Day Lawson. Leading market participants prefer innovative solutions
to expand their product portfolios, and expansion in emerging economies.
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