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Global Organic Acids Market Trends: By Product Type: Acetic Acid, Lactic Acid, Citric Acid, Fumaric Acid, Gluconic Acid, Itaconic Acid, Others; By Source: Biomass, Molasses, Starch, Chemical Synthesis, Argo-Industrial Residue; By Application; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028

Global Organic Acids Market Outlook

The global organic acids market would likely grow at a CAGR of 8.4% during 2023-2028. Organic acids have a significant economic role and range of applications, including pharmaceuticals, moving markets, food, chemical processes, and assisting technological developments. Also, use of organic acids is expected to grow with growing consumer demand for organic foods. North America, Europe and Asia Pacific are likely to be major markets. 

 

Applications in Multiple Sectors Expected to Boost Global Market 

Organic acids (called the "weak" acid group) are not completely soluble in water, while strong acids are. Organic acids carry lower molecular mass and are mixable; however, those like benzoic acids that carry higher molecular mass, are not insoluble in neutral form.

 

Organic acids are useful chemicals; these act as building blocks in the production of other products of value (like polyesters, degradable polymers, and bio-plastics) with applications in in chemical, pharmaceuticals, and food. Such applications are likely to boost the global organic acids market.

 

Organic Acids are a Good Option for Corrosion Treatment and Prevention

In their simple form, organic acids are used in stimulation treatments of gas and oil wells. These acids are thought to be less reactive to mineral acids, which makes them a better alternative for corrosion treatment and prevention in industries. Organic acids are suggested for use in environments with high temperatures, or in cases of protracted contact between acid and pipe.

 

Organic acids such as citrate and lactate are employed as buffer solutions. Other types, such as citric and oxalic acids, are said to be useful in rust removal. Organic acids are more useful in their dissociated form as they have the capability of chelating metal ions, speeding up rust removal. Due to these features, organic acids are a reliable solution to prevent and mitigate corrosion in metal and other constructions.

 

Organic Acids Offer Substantial Nutritional Value and Antimicrobial Advantages

Significant attention has been given to organic acids owing to their significant nutritional value and antimicrobial advantages. Key nations of production scene for feed acidifiers include USA, Brazil, China, Japan, and Mexico; demand is growing in places like Middle East, Latin America, and Asia-Pacific.

 

Good-quality forage is important to high milk yield and efficacy. Leading companies provide solutions to optimize nutrient content and harvested feed quality, and enhance hygiene of by-products and farm-produced compound feed. Bad-quality forage may cause disease.

 

Companies like of BASF provide organic acids that offer advantages such as efficacious silage of difficult crop, decent silage for other feed types difficult to ensile, and higher intake of feed and energy. Such solutions are expected to boost the global organic acids market.

 

Market Segmentation

By type, the market is classified into: 

  • Acetic Acid
  • Lactic Acid
  • Citric Acid
  • Fumaric Acid
  • Gluconic Acid
  • Itaconic Acid
  • Others

 

By source, the market is segmented into:

  • Molasses
  • Biomass
  • Chemical Synthesis
  • Starch
  • Argo-Industrial Residue

 

By application, the market is divided into:

  • Animal Feed
  • Food and Beverages
  • Pharmaceuticals
  • Chemical and Industrial
  • Agriculture
  • Personal Care
  • Others

 

By region, the market is segmented into:

  • Europe
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • North America

 

Key Industry Players in the Market  

The report comprehensively assesses major companies in the global organic acids market; it evaluates their capability, and observes newest events such as capacity plant turnarounds, expansions, and mergers and acquisitions:

 

  • Celanese Corporation
  • BASF SE
  • Eastman Chemical Company
  • Dow Chemical Company
  • Henan Jindan Lactic Acid Technology Co. Ltd.
  • Myriant Corporation
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Source
  • Application
  • Region
Breakup by Product Type
  • Acetic Acid
  • Lactic Acid
  • Citric Acid
  • Fumaric Acid
  • Gluconic Acid
  • Itaconic Acid
  • Others
Breakup by Source
  • Biomass
  • Molasses
  • Starch
  • Chemical Synthesis
  • Argo-Industrial Residue
Breakup by Application
  • Food and Beverages
  • Animal Feed
  • Chemical and Industrial
  • Pharmaceuticals
  • Personal Care
  • Agriculture
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE
  • Celanese Corporation
  • Dow Chemical Company
  • Eastman Chemical Company
  • Myriant Corporation
  • Henan Jindan Lactic Acid Technology Co. Ltd.
  • Others

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Organic Acids Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Organic Acids Historical Market (2018-2022) 
    8.3    Global Organic Acids Market Forecast (2023-2028)
    8.4    Global Organic Acids Market by Product Type
        8.4.1    Acetic Acid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Lactic Acid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Citric Acid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Fumaric Acid
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Gluconic Acid
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Itaconic Acid
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    Others
    8.5    Global Organic Acids Market by Source
        8.5.1    Biomass
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Molasses
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Starch
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Chemical Synthesis
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Argo-Industrial Residue
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
    8.6    Global Organic Acids Market by Application
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Animal Feed
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Chemical and Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Pharmaceuticals
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Personal Care
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
        8.6.6    Agriculture
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2018-2022)
            8.6.6.3    Forecast Trend (2023-2028)
        8.6.7    Others
    8.7    Global Organic Acids Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Organic Acids Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Organic Acids Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Organic Acids Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Organic Acids Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Organic Acids Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis
    15.1    Major Exporting Countries
        15.1.1    By Value
        15.1.2    By Volume
    15.2    Major Importing Countries
        15.2.1    By Value
        15.2.2    By Volume
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    BASF SE
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Celanese Corporation
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Dow Chemical Company
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Eastman Chemical Company
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Myriant Corporation
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Henan Jindan Lactic Acid Technology Co. Ltd.
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Organic Acids Market: Key Industry Highlights, 2018 and 2028
2.    Global Organic Acids Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Organic Acids Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Organic Acids Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Organic Acids Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Organic Acids Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Organic Acids Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Organic Acids Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Organic Acids Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Organic Acids Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Organic Acids Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Organic Acids Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Major Exporting Countries by Value
19.    Major Importing Countries by Value
20.    Major Exporting Countries by Volume
21.    Major Importing Countries by Volume
22.    Global Organic Acids Market Structure

Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 8.4% between 2023 and 2028.

The major market drivers is the growing increasing usage of organic acid in the food and beverage and pharmaceutical industries.

The key market trends include applications of organic acids in creating biodegradable plastics, encouragement by governments to use organic acids, and applications in textiles.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various product types in the market for organic acids include acetic acid, lactic acid, citric acid, fumaric acid, gluconic acid, and itaconic acid, among others.

The various sources of organic acids in the market include molasses, biomass, chemical synthesis, starch, and argo-industrial residue.

The different applications in the market for organic acids include animal feed, food and beverages, pharmaceuticals, chemical and industrial, agriculture, and personal care, among others.

The major players in the organic acids market are Celanese Corporation, BASF SE, Eastman Chemical Company, Dow Chemical Company, Henan Jindan Lactic Acid Technology Co. Ltd., and Myriant Corporation, among others.

Organic acids create a protective layer between oxygen and food, acting as an antibacterial agent and extending the shelf life by preventing growth of foodborne pathogens and microorganisms that could spoil the food.

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