Market Research Future - Premium Research Reports Global Citric Acid Market Overview 2022 | Page 2
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Key Players in the Global Citric Acid Market:
Archer-Daniels-Midland Company
COFCO Biochemical (AnHui) Co. Ltd.
Cargill, Incorporated
Jungbunzlauer Suisse AG
RZBC Group Co. Ltd.
Tate & Lyle PLC
Huangshi Xinghua Biochemical Co. Ltd.
Weifang Ensign Industry Co., Ltd.
Gadot Biochemical Industries Limited
S.A. Citrique Belge N.V.
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TOC & market synopsis on “Global Citric Acid Market Research Report - Forecast to 2022"
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Europe will be the Largest Market
Europe is expected to dominate the market with its largest market size for citric acid. The reason is
attributed to the increased demand from all the industries. The key driver is the growth in convenience
food industry and pharmaceuticals. The region is seen as consuming increasing volumes of citric acid
over a period of time.
It is followed by North America and APAC, with APAC being the fastest growing market. The emerging
nations like China and India are seen as the lucrative land for packaged food & beverage industry due to
changing consumer preferences and shift towards packaged foods. The rapid urbanization and
increasing working population has resulted in high consumption of processed food items which further
consumes the acid.
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