The organic acids market is expected to register a CAGR of 5% during 2023–2031. The rising Industrial applications growth and sustainability focus are likely to remain a key trend in the market.
Organic Acids Market Analysis
- In industries such as food and beverages, textiles and pharmaceuticals, these acids have a wide range of end uses.
- Growth of the organic acids market is driven by various characteristics such as sustainable, biocompatible and environmentally friendly.
- Expansion into new markets and access to international consumers can attract various opportunities for organic acids market.
- Organic acids maintain cellular integrity of the gut lining and improve the digestive process by maintaining normal gut flora.
- The absorption rate of proteins, amino acids and minerals can be improved by adding organic acids to the diet.
- The organic acids market presents significant growth opportunity through enhanced consumer awareness about the diverse health benefits of organic acids.
Organic Acids Market Overview
- The key driver for the use of feed organic acid is a growing demand for antibiotics free animal byproduct, driven by the growing global consumption of animal derived food and predicted to increase further in future.
- Traces of antibiotics in the animal byproducts and their negative effect on human health are alarming reasons to eliminate the use of antibiotics in animal feed.
- These could be replaced by feed organic acid which provides the same benefits and with its antimicrobial properties, it also prevents the grains from damaging during storage which upsurges the self-life of the feed driving the demand for the feed organic acid.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Organic Acids Market: Strategic Insights
Organic Acids Market
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Increasing awareness of health benefits of organic acids
FUTURE TRENDS
- Technological advancements
OPPORTUNITIES
- The rising Industrial applications growth and sustainability focus
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Acetic acid
- Citric acid
- Formic acid
- Lactic acid
- Propionic acid
- Ascorbic acid
- Gluconic acid
- Fumaric acid
- Malic acid
Application
- Food and Beverages
- Feed
- Pharmaceuticals
- Industrial
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Organic Acids Market: Strategic Insights
-
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Increasing awareness of health benefits of organic acids
- Technological advancements
- The rising Industrial applications growth and sustainability focus
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Acetic acid
- Citric acid
- Formic acid
- Lactic acid
- Propionic acid
- Ascorbic acid
- Gluconic acid
- Fumaric acid
- Malic acid
- Food and Beverages
- Feed
- Pharmaceuticals
- Industrial
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Organic Acids Market Drivers and Opportunities
Increasing awareness of health benefits of organic acids is expected to drive the growth of the organic acids market
- The organic acids market is poised for growth, driven largely by increasing consumer awareness of their health benefits.
- These compounds, including citric, acetic, and lactic acids, are gaining recognition for their nutritional value, potential gut health improvements, and natural antimicrobial properties.
- As consumers become more health-conscious, organic acids are being incorporated into functional foods, beverages, and supplements, aligning well with the clean label trend and the demand for natural food preservation methods.
- Some organic acids are also being studied for their potential roles in weight management and metabolism, further increasing their appeal.
- This growing awareness is supported by ongoing research and consumer education, which may lead to more regulatory support for health claims.
Technological advancements
- Innovations in production methods are set to revolutionize the organic acids market, promising more cost-effective and efficient manufacturing processes.
- These advancements are expected to reduce production costs, increase yields, and improve sustainability by minimizing energy consumption and waste.
- Biotechnological breakthroughs are enabling the production of organic acids from renewable resources, decreasing reliance on petrochemical feedstocks.
- Enhanced scalability and improved product quality are additional benefits of these innovative methods.
Organic Acids Market Report Segmentation Analysis
Key segments that contributed to the derivation of the organic acids market analysis are type, and application.
- Based on type, the organic acids market is segmented into acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, malic acid and others.
- Based on application, the organic acids market is segmented into food and beverages, feed, pharmaceuticals, industrial.
Organic Acids Market Share Analysis by Geography
- Organic Acids Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering organic acids market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the organic acids market in these regions.
Organic Acids Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ XX Million
Market Size by 2031
US$ XX Million
Global CAGR (2023 - 2031)
5%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type - Acetic acid
- Citric acid
- Formic acid
- Lactic acid
- Propionic acid
- Ascorbic acid
- Gluconic acid
- Fumaric acid
- Malic acid
By Application - Food and Beverages
- Feed
- Pharmaceuticals
- Industrial
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
BASF SE Cargill, Incorporated Corbion N.V. E. I. du Pont de Nemours and Company Eastman Chemical Company Henan Jindan Lactic Acid Technology Co. Ltd Koninklijke DSM N.V. Myriant Corporation Tate & Lyle PLC The Archer Daniels Midland Company
Organic Acids Market Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Organic Acids Market News and Recent Developments
The organic acids market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the organic acids market are listed below:
- Addcon are thrilled to announce the successful introduction of three organic acid products in Indonesia through their esteemed distributor, Novindo. (Source: Newsletter, Addcon, Feb 2024)
- Solugen and ADM Announce Strategic Partnership to Meet Increasing Demand for Sustainable Products with New Biomanufacturing Facility in the U.S. Midwest. (Source: Newsletter, Solugen, Oct 2023)
Organic Acids Market Report Coverage and Deliverables
The “Organic Acids Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Organic acids market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Organic acids market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Organic acids market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the organic acids market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the organic acids market are BASF SE; Cargill, Incorporated; Corbion N.V.; E. I. du Pont de Nemours and Company; Eastman Chemical Company; Henan Jindan Lactic Acid Technology Co. Ltd; Koninklijke DSM N.V.; Myriant Corporation; Tate & Lyle PLC; The Archer Daniels Midland Company.
The rising Industrial applications growth and sustainability focus to play a significant role in the global organic acids market in the coming years.
The global organic acids market is expected to grow at a CAGR of 5% during the forecast period 2023 - 2031.
Increasing awareness of health benefits of organic acids is expected to drive the growth of the organic acids market.
Trends and growth analysis reports related to Chemicals and Materials : READ MORE..
The List of Companies
1.BASF SE
2.Cargill, Incorporated
3.Corbion N.V.,
4.E. I. du Pont de Nemours and Company
5.Eastman Chemical Company
6.Henan Jindan Lactic Acid Technology Co. Ltd
7.Koninklijke DSM N.V.,
8.Myriant Corporation
9.Tate and Lyle PLC
10.The Archer Daniels Midland Company