Acidity Regulators Market Driven by Growing consumer Base for Processed Foods & Ready to Drink Beverages

Global Acidity Regulators Market: Snapshot

Some of the factors that are proving beneficial to the global acidity regulators market are the increasing uptake of processed food and beverages by a growing number of people hard-pressed for time. Rising sales of sauces, condiments, and dressing industries is also serving to boost demand in the market. In addition, increasing concern over food safety and technological progress for extraction of acids are positively influencing demand.

Proving counterproductive to the market, on the other hand, is the side effects erupting from excessive consumption of acidity regulators. The side effects of the acidity regulators include vomiting, nausea, and diarrhea. Further, overconsumption of acidity regulators may lead to tooth decay. Besides, low cost suppliers in the market is also denting the overall revenue.

Despite all the restraints, the global acidity regulators market has ample room for growth on account of the diverse application of acidity regulators in new and different products such as skincare and cosmetics.

As per the market research firm Transparency Market Research, the global market for acidity regulators will likely expand at a healthy 7.3% CAGR from 2015 to 2021. Rising at this rate, the market will likely attain a value of US$6.34 bn by 2021 from US$3.93 bn in 2014.

Widespread Application of Citric Acid makes it Most Sought after Product

The various kinds of products purveyed in the global acidity regulators market are citric acid, acetic acid, maleic acid, phosphoric acid, and lactic acid. Of them, citric acid accounts for maximum share in the market on account of its widespread usage in various processed foods, bakery products, non-alcoholic beverages, and soft drinks. Phosphoric acid trails in the second position.

Application-wise, the key segments of the global acidity regulators market are processed foods, bakery, confectionary, beverages, and sauces, dressings, and condiments. Currently, the demand for acidity regulators from beverages segment is significantly high.

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Powered by China, Asia Pacific leads Global Acidity Regulators Market

Geographically, the key segments of the global acidity regulators market are North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific, of them, is the dominant market and going forward will expand at a cracking pace. The market in the region is mainly driven by China, which not just accounts for maximum demand but also is a manufacturing hub on account of the presence of numerous manufacturers. In fact, fierce competition provided by Chinese players, especially in citric acid, poses a high threat for Western players. India is another strong demand generator. A regulatory check on the imports, which is now implemented by various countries, can somehow create a healthy market for the acidity regulators manufacturers across the globe.

North America is another key market for acidity regulators that trails China. The market in North America is primarily driven the U.S. The Rest of the World will emerge as the second fastest growing market for acidity regulators. Brazil, South Africa, India, Argentina, and Mexico are some of the emerging markets for food acidity regulators.