Beverage Acidulants Market By End-User and By Geography – Opportunities & Forecast, 2019-2026

 

Global Beverage Acidulants Market

The GMI Research conjectures a significant proliferation in the Beverage Acidulants Market over the forecast period. This is because of the augmenting application of acidulants in food and beverage industry and the growing awareness about the health benefits of organic food.

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Beverage Acidulants Market Dynamics

Acidulants refers to the chemical compounds that help to improve and change the flavour and taste of foods. Several acidulants such as malic, citric, acetic, and phosphoric acid are extensively used in food and beverage industry and baking products. Beverage acidulants serve a crucial role in improving the overall taste profile with sweetness and flavours. The change in consumer lifestyle and behaviour is the dominant strand that propels the growth of the global Beverage Acidulants Market. Further, a surge in the demand for an enlarged shelf life and an acceleration in the per capita income will strengthen the market size. The presence of economical substitutes will enhance the market growth. Additionally, producers are increasingly emphasising on improving product quality and research and development activities to cater the consumer demand for different flavour and taste in the beverages. However, the rigorous norms enforced by managerial bodies on acidulants will restrain the market growth. Other factors such as excessive competition between producers and the accessibility of acidulant drinks at a cost-efficient prices are obstructing Beverage Acidulants market size.

Regional Drivers

On the basis of type segment, the global acidulants market can be bifurcated into citric, lactic, malic, and phosphoric acid. Amongst which, the citric acid segment is anticipated to seize the largest share in the beverage acidulants market over the coming years. This is because of the extensive usage of citric acid in the fabrication of various food and beverage. Also, as per the Beverage Acidulants market analysis, the easy accessibility and economical cost of citric acid are anticipated to drive the global growth of market.  

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