Market Research Future (Food and Beverages) Food Acidulants Market Research Report | Page 3

Food Acidulants Market Research Report- Forecast till 2023
2 Market Overview
Changing consumers’ preference towards convenience, packaged, and frozen foods have intensified the usage of
food acidulants in the food & beverage industry. It is experiencing high demand due to its added nutritional attributes.
Growing health concerns among the global population together with the increasing awareness about the benefits of
consuming food preservatives are most likely to drive the growth of the food acidulants market. Also, value-added
benefits associated with the use of food acidulants in the food products are also supporting the sale of food acidulants
globally.
Furthermore, the global food acidulants market is increasing due to high demand for food acidulants in the beverages
industry. Additionally, the development of new product coupled with scientific advancements is considered to be one
of the major reasons for the increasing growth of the food acidulants market during the review period.
Regional Analysis:
The global food acidulants market is segmented into North America, Europe, Asia Pacific, and rest of the world
(RoW). Asia Pacific region is dominating the food acidulants market followed by North America. China registered for
higher consumption of food acidulants owing to increasing awareness about the benefits of using food acidulants to
extend the products shelf-life. Additionally, increasing demand for convenience foods and food products with a longer
shelf-life is majorly driving the market growth in this region.
Also, growing consumer awareness and inclination towards the use of preservatives in foods & beverages, acidulants
are experiencing high demand in the North American market. Furthermore, increasing demand for food acidulants
in convenience food products in developing countries such as India and Japan are likely to boost the growth of the
food acidulants market during the forecast period.
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