Food Grade Acetic Acid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Acetic acid is the active ingredient in vinegar, a common food product used in such formulations as balsamic vinegar, red wine vinegar and apple cider vinegar. It has a somewhat sour taste and can add character to many foods. Acetic acid is generally recognized as safe for use in foods if it is of "food-grade" and is used in accord with good manufacturing processes. Acetic acid is considered "food-grade" if it complies with the specifications in Food Chemicals Codex. Diluted acetic acid is not vinegar.

MARKET DYNAMICS

The food grade acetic acid market has witnessed significant growth due to increasing demand for convenience foods. Moreover, rising demand for packaged foods such as snacks, bakery & confectionery products, and ready to eat meals provides a huge market opportunity for the key players operating in the food grade acetic acid market. However, rising consumer awareness about the ill-health effects of acetic acid food is projected to hamper the overall growth of the food grade acetic acid market in the forecast period.

MARKET SCOPE

The "Global Food Grade Acetic Acid Market Analysis to 2031" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food grade acetic acid market with detailed market segmentation form, application, and geography. The global food grade acetic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food grade acetic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global food grade acetic acid market is segmented on the basis of form and application. On the basis of form, the global food grade acetic acid market is divided into dry and liquid. On the basis of application, the global food grade acetic acid market is divided into bakery & confectionery, dairy & frozen desserts, sweet & savory snacks, sauces & dressings, and others.


REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food grade acetic acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food grade acetic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the food grade acetic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food grade acetic acid market in these regions.

Food Grade Acetic Acid Market Report Analysis

Food Grade Acetic Acid Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• BASF
• BG Group
• BP Chemical
• Celanese
• Eastman
• Foodchem
• General Mills Inc.
• Hain Celestial Group
• Lenzing AG

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Form

• Dry
• Liquid

By Application

• Bakery and Confectionery
• Dairy and Frozen Desserts
• Sweet and Savory Snacks
• Sauces and Dressings

MARKET PLAYERS

The reports cover key developments in the food grade acetic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as form launches, form approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from food grade acetic acid market is anticipated to lucrative growth opportunities in the future with the rising demand for food grade acetic acid in the global market. Below mentioned is the list of few companies engaged in the food grade acetic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food grade acetic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BASF
  
•   BG Group
  
•   BP Chemical
  
•   Celanese
  
•   Eastman
  
•   Foodchem
  
•   General Mills Inc.
  
•   Hain Celestial Group
  
•   Lenzing AG
  
•   LyondellBasell
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Food Grade Acetic Acid Report Scope