We are monitoring the impact of COVID-19 & Recession alarm on North America Citric Acid Market Get in touch with us for detailed analysis Know More
Share on

North America Citric Acid Market By Form (Liquid And Anhydrous), Application (Food (Confectionaries, Beverages, Convenience Food Products (Creams, Fats And Fillings, Soups And Sauces, Oils), Dairy Products), Pharmaceuticals, And Cosmetics, Reagents And Others), Function (Antioxidant, Acidulant, Preservative, And Sequestrant), Grade (Pharmaceutical, Industrial), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 3164
Pages: 134

North America Citric Acid Market Growth and Forecast (2022 - 2027):

The North America Citric Acid Market is expected to reach USD 0.76 billion by 2026 from USD 0.6 billion in 2021, growing at a CAGR of 4.9 %. The North America Citric Acid market is forecasted to show great potential over the mentioned period.

Market Overview:

Citric acid is an organic acid found in citrus fruits. It is mainly used as acidulant to add sour taste to soft drinks and foods and also used as preservative in various kinds of processed foods. It can also be used in the manufacturing of various detergents and cleaners, pharmaceuticals, industrial applications and personal care products.

Drivers and Restraints:

Citric acid market is driven by factors like wide applicability of citric acid as an acidulant, emulsifier, preservative, sequestrant, flavorant, and buffering agent in various products of non-food and food industries. Rising applications of citric acid in detergents and cleansers for their biodegradability and other ecofriendly properties are also key driving factors of market. However, these manufacturers face strong competition from inter and intra market peers. This acts as one of the major restraint restricting the market.

North America Citric Acid Market Segmentation Analysis:

The North America market for Citric Acid is segmented on the basis of form, application, Function and grade. The market segmentation on the basis of form is done under Anhydrous and Liquid. Based on application, market is further segmented into Food, Pharmaceuticals & Cosmetics, Reagents and Others, where food segment is further segmented into Beverages, Confectionaries, Convenience food products, Dairy products. Of which, Convenience food products segment is further segmented into Creams, fats and fillings, Soups and Sauces, oils. The market segmentation based on function is done under Acidulant, Antioxidant, Preservative, and Sequestrant. On the basis of grade, market is further segmented into Pharmaceutical, Industrial. Food segment dominates the market with around three fourths of the share.

Region Analysis:

Geographically the North America Citric Acid Market is segmented into US, Canada, Mexico and Rest of North America.

Key Players in the Market:

Major Key Players in the North America Citric Acid Market are

  • Tate & Lyle plc
  • Archer Daniels Midland Company
  • Pfizer Inc
  • Gadot Biochemical Industries

1.Introduction                                                  

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market   

5. Market Segmentation                                                              

                5.1 Form                                             

                                5.1.1 Introduction                           

                                5.1.2 Anhydrous and                     

                                5.1.3 Liquid                        

                                5.1.4 Y-o-Y Growth Analysis, By Form  

                                5.1.5 Market Attractiveness Analysis, By Form 

                                5.1.6 Market Share Analysis, By Form                    

                5.2 Application                                 

                                5.2.1 Introduction                           

                                5.2.2 Food Products                       

                                                5.2.2.1 Beverages           

                                                5.2.2.2 Confectionaries 

                                                5.2.2.3  Convenience food products

                                                                5.2.2.3.1 Creams, fats and fillings

                                                                5.2.2.3.2 Soups and Sauces

                                                                5.2.2.3.3 oils

                                                5.2.2.4 Diary products   

                                5.2.3 Pharmaceuticals, and Cosmetics

                                5.2.4 Reagents                 

                                5.2.5 Others                      

                                5.2.6 Y-o-Y Growth Analysis, By Application   

                                5.2.7  Market Attractiveness Analysis, By Application   

                                5.2.8  Market Share Analysis, By Application  

                5.3 Function                                      

                                5.3.1 Introduction                           

                                5.3.2 Acidulant                 

                                5.3.3  Antioxidant                            

                                5.3.4  Preservative                          

                                5.3.5 Sequestrant                           

                                5.3.6 Y-o-Y Growth Analysis, By Function 

                                5.3.7 Market Attractiveness Analysis, By Function 

                                5.3.8 Market Share Analysis, By Function 

                5.4 Grade                                           

                                5.4.1 Introduction                           

                                5.4.2 Pharmaceutical                     

                                5.4.3 Industrial                 

                                5.4.4 Y-o-Y Growth Analysis, By Grade 

                                5.4.5 Market Attractiveness Analysis, By Grade 

                                5.4.6 Market Share Analysis, By Grade                  

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Form

                                                6.1.3.3 By Application    

                                                6.1.3.4 By Function         

                                                6.1.3.5 By Grade              

                                6.1.4  Market Attractiveness Analysis  

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Form

                                                6.1.4.3 By Application    

                                                6.1.4.4 By Function         

                                                6.1.4.5 By Grade              

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Form

                                                6.1.5.3 By Application    

                                                6.1.5.4 By Function         

                                                6.1.5.5 By Grade              

                6.2 United States                                            

                6.3 Canada                                         

7.Strategic Analysis                                                        

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers 

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services   

                                7.2.5 Competitive Rivalry within the Industry  

8.Market Leaders' Analysis                                                         

                8.1 Tate & Lyle plc                                           

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Archer Daniels Midland Company    

                8.3  Pfizer Inc.                                   

                8.4 Gadot Biochemical Industries   

9.Competitive Landscape                                                            

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis 

                9.3 Agreements, collaborations and Joint Ventures  

                9.4 New Product Launches                                         

10.Market Outlook and Investment Opportunities   

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

 

  1. North America Citric Acid Market By Form, From 2022 - 2027 ( USD Billion )
  2. North America Anhydrous Market By Region, From 2022 - 2027 ( USD Billion )
  3. North America  Liquid Market By Region, From 2022 - 2027 ( USD Billion )
  4. North America Citric Acid Market By Application, From 2022 - 2027 ( USD Billion )
  5. North America Food Products Market By Region, From 2022 - 2027 ( USD Billion )
  6. North America Pharmaceuticals and Cosmetics  Market By Region, From 2022 - 2027 ( USD Billion )
  7. North America Reagents Market By Region, From 2022 - 2027 ( USD Billion )
  8. North America Others Market By Region, From 2022 - 2027 ( USD Billion )
  9. North America Citric Acid Market By Function, From 2022 - 2027 ( USD Billion )
  10. North America Acidulant Market By Region, From 2022 - 2027 ( USD Billion )
  11. North America Antioxidant Market By Region, From 2022 - 2027 ( USD Billion )
  12. North America Preservative Market By Region, From 2022 - 2027 ( USD Billion )
  13. North America Sequestrant Market By Region, From 2022 - 2027 ( USD Billion )
  14. North America Citric Acid Market By Grade, From 2022 - 2027 ( USD Billion )
  15. North America Pharmaceutical Market By Region, From 2022 - 2027 ( USD Billion )
  16. North America Industrial Market By Region, From 2022 - 2027 ( USD Billion )
  17. United States Citric Acid Market By Form, From 2022 - 2027 ( USD Billion )
  18. United States Citric Acid Market By Application, From 2022 - 2027 ( USD Billion )
  19. United States Citric Acid Market By Function, From 2022 - 2027 ( USD Billion )
  20. United States Citric Acid Market By Grade, From 2022 - 2027 ( USD Billion )
  21. Canada Citric Acid Market By Form, From 2022 - 2027 ( USD Billion )
  22. Canada Citric Acid Market By Application, From 2022 - 2027 ( USD Billion )
  23. Canada Citric Acid Market By Function, From 2022 - 2027 ( USD Billion )
  24. Canada Citric Acid Market By Grade, From 2022 - 2027 ( USD Billion )
  25. North America Citric Acid Market By Food Products, From 2022 - 2027 ( USD Billion )
  26. North America Beverages Market By Region, From 2022 - 2027 ( USD Billion )
  27. North America Confectionaries Market By Region, From 2022 - 2027 ( USD Billion )
  28. North America Convenience food products  Market By Region, From 2022 - 2027 ( USD Billion )
  29. North America Diary products Market By Region, From 2022 - 2027 ( USD Billion )
  30. United States Citric Acid Market By Food Products, From 2022 - 2027 ( USD Billion )
  31. Canada Citric Acid Market By Food Products, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

3335


pdf excel
$

3680


pdf excel powerbi
$

5520


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 3335

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample