Beverage Acidulants Market By Product Type (Citric Acid, Acetic Acid), Application (Soft Drinks, Dairy-based Beverages), Form (Powder, Liquid), Nature (Synthetic, Organic) & Region - Forecast to 2018 - 2027
Beverage Acidulants Market - Analysis, Outlook, Growth, Trends, Forecasts
- January 2019
- 185 pages
- Food and Beverage
Beverages Acidulants Market Overview
[185 Pages Report] The beverage acidulants market is valued at US$ 2.15 Bn in 2021. It is set to grow at 4% CAGR through 2027.
Acetic acid, fumaric acid and lactic acid are the three key types of beverage acidulants. Demand for these acidulants is likely to remain high.
Citric Acid Beverage Acidulants to Continue Holding Pole Position
There are quite a few varieties of beverage acidulants available commercially, including acetic acid, phosphorus acid, citric acid, and more, with each having their flavor, concentration, and usage limit. The most commonly used acidulant in beverages is the citric acid-based beverage acidulant. It is by far the most important, resourceful, and broadly used organic acid. Citric acid-based beverage acidulants are used for the sharp taste that they provide in soft drinks and sweets.
Citric acid is derived from limes and lemons, but is now produced commercially through a fermentation process. Phosphoric acid-based beverage acidulants are the second-most used acidulants in the beverage industry. The major end-product in which these are used are cola drinks. Cola drinks are envisaged to be the best-selling flavored soft drinks, globally. These have a harsh, biting taste that complements the flavor of the cola.
On the basis of form, the beverage acidulants market is segregated into powder, liquid, and granules. The granule form of beverage acidulants is gaining significant traction, and is anticipated to register a relatively high growth rate in the beverage acidulants market over the forecast period.
On the basis of application, the beverage acidulants market is segregated into soft drinks, dairy-based beverages, fruit juices and concentrates, alcoholic beverages, and energy drinks. The segment which seems relatively sturdier over the forecast period is the fruit juices and concentrates beverages segment. It is expected to maintain its high share in the beverage acidulants market over the forecast period, though, the growth rate at which it is expanding is relatively moderate.
On the basis of nature, the beverage acidulants market is segregated into synthetic and organic. The organic segment is expected to be a hot prospect in the coming years, owing to the increased demand for natural and clean label food and beverage products. Major organic beverage acidulants include citric acid-based beverage acidulants, malic acid-based beverage acidulants, and tartaric acid-based beverage acidulants.
Beverage Acidulants Providing a Cost-Effective Solution to Food and Beverage Service Providers
Various beverage manufacturers are focused on providing different beverages at an optimum cost, owing to high demand from consumers. In view of the same, multiple companies have implemented the integrated production approach to deliver cost-effective beverages. Beverage acidulants provide a cost-effective solution in the production of various beverages, including soft drinks, cola drinks, and more.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Organic Beverage Acidulants Gaining Widespread Popularity
An increasing number of consumers are aware of the need for a healthy regime. Organic beverage acidulants such as citric acid-based beverage acidulants are widely used in beverages as additives, since they are naturally-derived preservatives. They are naturally present in almost all citrus fruits. Owing to the increasing awareness about the harmful and ill-effects of synthetic and non-natural acids, consumers are increasingly shifting towards beverages that contain naturally-derived ingredients.
Expansion of Processed Beverages Industry Providing Significant Boost to the Beverage Acidulants Market
One of the primary factors anticipated to boost the beverage acidulants market across the globe is the expansion of the beverage processing industry in various developing and less-developed countries.
In countries with a rapidly increasing urban population such as India, China, and Brazil, and regions such as the Middle East, the demand for processed beverages is growing significantly. This is attributed to increasing product visibility, adoption of retail formats, and launch of new and more beneficial products, owing to naturally-derived ingredients that offer various health benefits to consumers.
Beverage Acidulants Give an Enhanced Flavor and Shelf Life to Beverages
The use of beverage acidulants not only enhance flavor but also increase the shelf life of beverages. They also improve the taste of beverages. Taste, shelf life, and flavor are all vital factors that determine individual choices. The increasing demand for improved shelf-life and flavor in beverages is providing a significant lift to the beverage acidulants market.
Beverage Acidulants Market By Product Type
- Citric Acid
- Acetic Acid
- Fumaric Acid
- Lactic Acid
- Phosphoric Acid
- Malic Acid
- Tartaric Acid
Beverage Acidulants Market – By Application
- Soft Drinks
- Dairy-based Beverages
- Fruit Juices and Concentrates
- Alcoholic Beverages
- Energy Drinks
Beverage Acidulants Market - By Form
Beverage Acidulants Market - By Nature
Beverage Acidulants Market - By Region
- North America
- Latin America
- Asia Pacific excluding China
- Middle East & Africa