United States Citric Acid Market 2022: Industry Growth, Trends, Analysis, Size, Share and Future Scope 2027
According to the latest report by IMARC Group, titled “United States Citric Acid Market: Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” The united states citric acid market size reached 542,800 Tons in 2021. Looking forward, IMARC Group expects the market to reach 609,400 Tons by 2027, exhibiting a growth rate (CAGR) of 1.7% during 2022-2027.
Citric Acid (C6H8O7) is an organic, sharp-tasting crystalline tricarboxylic acid, which is present in natural juice form in various sour fruits, such as calamansi, grapefruit, oranges and lemon. It is extensively utilized in the food and beverage, (F&B) sector for preserving and increasing the shelf life of various canned and jarred food products by inhibiting the growth of bacteria. Currently, citric acid is commercially available in various types, such as anhydrous and liquid citric acid.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
United States Citric Acid Market Trends:
The
citric acid market growth in the United States is primarily being driven by
significant expansion in the food and beverage industry. Moreover, the
widespread adoption of citric acids in the manufacturing of cleaning products
is providing a boost to the market growth. Other factors, such as the rising
preference for organic personal care products and extensive research and development
(R&D) activities, are creating a positive outlook for the market across the
country.
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United States Citric Acid Market 2022-2027 Analysis and Segmentation:
Breakup
by Application:
·
Food and Beverages
·
Household Detergents and Cleaners
·
Pharmaceuticals
·
Others
Breakup
by Form:
·
Anhydrous
·
Liquid
Breakup
by Region:
- Northeast
- Midwest
- South
- West
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Key
highlights of the report:
- Market Performance
(2016-2021)
- Market Outlook (2022-
2027)
- Porter’s Five Forces
Analysis
- Market Drivers and
Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping
of the Competitive Landscape
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provide it to you as a part of the customization.
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and secondary data (2022-2027) with Cost Module, Business Strategy,
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