Middle East and Africa Food Acidulants Market Overview:
The Middle East and Africa Food Acidulants Market, which was assessed at USD xx million in 2019, is touted to reach USD xx million by the end of the assessment period. The regional market is supposed to develop with considerable growth over the evaluated period.
Food acidulants are additives that help reduce the deterioration of air, bacteria, fungi and yeast, which increases the shelf life of food products. These additives also help stabilize, preserve, maintain the pH level and improve the property of food. Acids have been used for because of their functional features from centuries. In recent years, the packaged food industry has experienced significant growth in line with increasing urbanization, increased consumer spending, and the expansion of retail food sales. Therefore, improving the shelf life of products remains a crucial step in the industry, which could increase the demand for food additives.
In June 2019, Acidulant Company Bartek celebrated its 50th anniversary with an updated brand image, increased capacity, and an expanded and experienced management team that is ready to take the company into maintenance mode to spur new growth. To meet this growing demand, Bartek has increased its malic acid production capacity this year to 4,000 tons per year.
In November 2018, TorQuest Partners declared the purchase of Bartek Ingredients Inc, a renowned chemical manufacturer that is serving the food and drinks industry. Bartek distributes its products in more than 35 countries and employs 115 people at two production units in southern Ontario.
Market Drivers and Restraints:
Fumaric acid is the extensively used variant of acidulants in bakery and confectionery products. It plays a critical role in enhancing the organoleptic characteristics and shelf life of foods. The acid protects commercial preparations from deterioration by pathogens and microorganisms and, in turn, improves their shelf life. These days, Fumaric acids are added in food industries, particular in bakery and confectionery products to improve organoleptic properties and shelf life. Therefore, the wide functionality of fumaric acid creates an increased demand for food acidulants in the food and beverage industry. Rapid changes in consumer lifestyles minimize the availability of time in their daily lives, further influencing the consumer towards prepared meals. Consumption of ready-to-eat, ready-to-cook, and ready-to-drink foods and beverages is increasing, as saving time is the primary goal of today's consumers. As a result, consumer behavior towards ready-to-eat food products will be more stable in the future, which may offer beneficial opportunities for food additive manufacturers. More and more consumers are aware of the need to manage health. Organic acidulants, such as citric acid, are finding huge application in beverages and food products as additives to preserve natural origin. They occur naturally in almost all citrus. Due to the rising knowledge of the hazards of synthetic acids on health, end-users are now turning to beverages and food products that contain additives of natural origin.
The Middle East and Africa market for food acidulants has been segmented by product and by application. By product, the fumaric acid market size is anticipated to develop with notable earnings by 2025. Fumaric acid is primarily used as an acid regulator, resulting in long lasting acidity and flavor impact. This acid is mainly employed to avoid moisture absorption and degradation, which may favor the regional market size. The citric acid is a widely used acid regulator due to its high solubility, acidity, and low-cost nature.
By application, dietary acidulants from food and nutrition applications could exceed $ 600 million by 2025. A wide range of applications in oats, soybeans, tomatoes, blue fish, walnuts, leafy vegetables and probiotics will stimulate growth in the industry. The increasing demand for acidulants due to functional attributes such as taste improvement, pH control, preservation, chelating agent and antimicrobials is expected to drive the growth of the local market in future.
The market for Middle East and Africa food acidulants has been classified on the basis of geography into United Arab Emirates, Saudi Arabia, South Africa, Egypt, Israel, and Rest of Middle East and Africa. Middle East and Africa is one of the key emerging regions, which will generate significant opportunities in the regional market during the forecast period owing to rise in the demand for processed beverages as well as processed food. Factors such as a change in the consumption pattern, consumer preferences and increased disposable income have boosted the processed food market, which has had a positive impact on the food acidulants market. The region is expected to experience moderate growth throughout the forecast period due to the above factors. Turkey is expected to be a crucial market in the Middle East region.
Cargill Company had the largest share of the Food Acidulants Market in terms of sales and revenue in 2019.
The main players dominating the regional market include DuPont, Tate & Lyle PLC, ADM, Incorporated, Cargill and DSM.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Food Acidulants Market, By Type
6.1.1 Acetic Acid
6.1.2 Lactic Acid
6.1.3 Citric Acid
6.1.4 Malic Acid
6.1.5 Phosphoric Acid
6.1.6 Market Size Estimations & Forecasts (2019-2024)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Food Acidulants Market, By Application
6.2.1 Bakery and Confectionery
6.2.2 Meat Industry
6.2.3 Dairy And Frozen Products
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 Middle East and Africa
7.2.1 By Country
220.127.116.11 Middle East
7.2.2 By Type
7.2.3 By Application
8. Key Player Analysis
8.1 Tate & Lyle
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Hawkin Watts
8.4 Cargill Inc
8.6 Huangshi Xinghua Biochemical Co. Ltd
8.7 COFCO Biochemical
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures