Acidity Regulation Market Report
The Acidity Regulators Market size was valued at $5,871.30 million in 2020, and is estimated to reach $10,899.60 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031. Acidity regulators are antioxidants agents, which are being used in various food items such as pickles, potato chips, fried snacks, and many other oil-based and fat containing food products. Increase in consumption of food items containing antioxidants is attributed to growth of the acidity regulators market in upcoming years.
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Key Companies Included:
Other players in the value chain include Cargill Incorporated, Kerry Group, Tate and Lyle plc, Corbion N.V., Univar, Brenntag A.G., and Innophos Holding Inc.
Key findings of the Sugar Confectionery Market:
By product type, the Acidity Regulators Market Analysis includes citric acid, phosphoric acid, acetic acid, maleic acid and lactic acid. The citric acid segment dominated the global market in 2020, and is expected to retain its dominance throughout the forecast period.
On the basis of application, the beverages segment held the dominant share in 2020, and is expected to register the highest CAGR.
Region wise, Asia-Pacific accounted for highest acidity regulators market share in 2020, and is expected to grow at a significant CAGR during the forecast period.
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Acidity regulators are used to modify or enhance the taste of food products. Flavors are used in dairy products, beverages, and processed food. Flavors cause sensation of taste in the food products. For instance, about 50% of the citric acid is used as a flavoring agent in several beverages such as tea, soft drink, carbonated drinks, and desserts to enhance the refreshing flavor which is also the key acidity regulators market trends.
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