Citric Acid Market
Global Citric Acid Market: Overview
Citric acid is mainly found in citrus fruits, microbes, plants, animal tissues, and fluids. It plays an important role in metabolism and hence witnesses high demand as an acidifying agent. It is the highly soluble ingredient. Some of the benefits provided by citric acid include preventing microbial growth, enhancing flavors, imparting tartness and sourness, and adjusting pH levels. Citric acid is also known as nature’ s acidulant.
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Global Citric Acid Market: Growth Factors
Owing to the high demand for food additives in the processed foods industry, the global citric acid market is impacted in a positive way. Rising customer preference for foods & beverages made up of safe and harmless constituents is anticipated to boost the global market growth in future. In addition, increased use of citric acid in various industries such as personal care and pharmaceutical may further propel the global citric acid market growth. Citric acid, when used as an acidulant, is considered to be more superior as compared to lactic, DL-malic, phosphoric, fumaric, and tartaric acid; thus acting as a substituent for these acids. This advantage of citric acid results in its high demand in the global market.