The Global Citric Acid Market size is expected to grow at an annual average of 5% during 2021-2027. Citric acid is a weak organic acid that occurs naturally in citrus fruits. It is produced commercially by fermentation process and appears as a white, odorless, crystalline powder at room temperature. Citric acid is widely used in the food and beverage industry as a preservative, antioxidant, acidulant, emulsifier, chelating agent, and flavoring agent. It finds applications in a variety of industries such as beverage, bakery and confectionery, soups, sauces, sweet and savory snacks, dressings, and more.
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A full report of Global Citric Acid Market is available at: https://www.orionmarketreports.com/citric-acid-market/30842/
The following Segmentation are covered in this report:
On the basis of key forms:
- Anhydrous citric acid
- Liquid citric acid
On the basis of key functions:
- Acidulant
- Preservative
- Antioxidant
- Sequestrant
On the basis of applications:
- Beverages
- Confectioneries
- Convenience food products (creams, fats, mayonnaise, soups & sauces, oils, and fillings)
- Dairy products
The report covers the following objectives:
- Proliferation and maturation of trade in the global Citric Acid Market.
- The market share of the global Citric Acid Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Citric Acid Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Citric Acid Market.
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