Zion Market Research Citric Acid Market, 2016–2024 | Page 3

Citric Acid Market
Citric acid also acts as a substitute for phosphate which is used in concentrated liquid detergents . This results in increased demand for citric acid from the residential sector . Citric acid also helps manufacturers to give “ hygienic and fresh ” label to their products . Thus bringing these products in the safe and approved category from customers . However , cutthroat competition from niche as well as strong competitors in the market may hinder the growth of the global citric acid market in future .
Global Citric Acid Market : Segmentation
The global citric acid market is segmented on the basis of form , application , function , and regions . Based on the form , the global citric acid market is segmented as anhydrous and liquid . Further on the basis of application , the global market is segmented as pharmaceuticals , food , cosmetics , and others . Based on the function , the global citric acid market is classified as acidulant , antioxidant , preservative , and sequestrant . Geographically , the global market is diversified as Europe , North America , Asia-Pacific , and Rest of the World ( RoW ).
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