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The global organic acids market would likely grow at a CAGR of 8.4% during 2024-2032. 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.
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.
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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.
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.
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By type, the market is classified into:
By source, the market is segmented into:
By application, the market is divided into:
By region, the market is segmented into:
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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:
REPORT FEATURES | DETAILS |
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Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Source |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Trade Data Analysis |
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Competitive Landscape |
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Companies Covered |
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*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 (2018-2023)
8.3 Global Organic Acids Market Forecast (2024-2032)
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 (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Lactic Acid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Citric Acid
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Fumaric Acid
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Gluconic Acid
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Itaconic Acid
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2023)
8.4.6.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Molasses
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Starch
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Chemical Synthesis
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Argo-Industrial Residue
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Animal Feed
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Chemical and Industrial
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Pharmaceuticals
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Personal Care
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Agriculture
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2023)
8.6.6.3 Forecast Trend (2024-2032)
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 (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Organic Acids Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Organic Acids Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Organic Acids Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Organic Acids Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
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 (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
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 2032
2. Global Organic Acids Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Organic Acids Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Organic Acids Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Organic Acids Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Organic Acids Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Organic Acids Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Organic Acids Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Organic Acids Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Organic Acids Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Organic Acids Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Organic Acids Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Organic Acids Market Forecast: Breakup by Country (USD Million), 2024-2032
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
The market is assessed to grow at a CAGR of 8.4% between 2024 and 2032.
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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