Press Release
Press Release
Citric acid is widely used in beverages as an organic acidulant, for controlling the growth of organism, adjusting pH and enhancing flavours. It is also used in bathroom cleaners and detergents as it chelates with metals in hard water, producing foam which helps in removing stains without the need of softening the water. Owing to its safe and non-toxic nature, pleasant acid taste, high water solubility, chelating and buffering properties, citric acid is also used in pharmaceuticals including cosmetics. According to a new report by Expert Market Research, the global citric acid market reached a volume of 2.70 Million Tons in 2023 and is further expected to reach 3.86 Million Tons by 2032.
The production of citric acid witnessed a steady growth during 2018-2023. Rising demand for organic additives in the food as well as the pharmaceutical sectors couple with changing consumer preference for convenient and safe food products are driving the market of citric acid. Prohibition on the use of phosphate by environmental regulatory authorities and its replacement by citric acid has also added to the market growth. Some other factors stimulating the market are population growth, increasing disposable income and improving living standards.
Key findings from the report:
Click here for summary of the report: https://www.expertmarketresearch.com/reports/citric-acid-market
Expert Market Research has analysed the global citric acid market according to end-uses, major regions and top players:
Market breakup by End-use
Market breakup by Region
Top players
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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