Organic Acids Market
Organic Acids Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Ascorbic Acid, Gluconic Acid, Fumaric Acid
- By Application Food & Beverages, Feed, Pharmaceuticals, Industrial
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 11.64 Billion |
Revenue 2030: | USD 18.29 Billion |
Revenue CAGR (2023 - 2030): | 5.80% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Organic Acids Market - Segment Analysis
- Overview
- Global Organic Acids Market, 2016 - 2028 (USD Million)
-
Global Organic Acids Market - by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
Global Organic Acids Market - by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
Global Organic Acids Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Organic Acids Market - Segment Analysis
- Overview
- North America Organic Acids Market, 2016 - 2028 (USD Million)
-
North America Organic Acids Market, by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
North America Organic Acids Market, by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
North America Organic Acids Market, by Country
- U.S.
- U.S. Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- U.S. Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- U.S. Organic Acids Market, By Type
- Canada
- Canada Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Canada Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Canada Organic Acids Market, By Type
- Mexico
- Mexico Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Mexico Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Mexico Organic Acids Market, By Type
- U.S.
-
Europe Organic Acids Market - Segment Analysis
- Overview
- Europe Organic Acids Market, 2016 - 2028 (USD Million)
-
Europe Organic Acids Market, by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
Europe Organic Acids Market, by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
Europe Organic Acids Market, by Country
- Germany
- Germany Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Germany Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Germany Organic Acids Market, By Type
- UK
- UK Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- UK Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- UK Market, By Type
- France
- France Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- France Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- France Organic Acids Market, By Type
- Spain
- Spain Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Spain Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Spain Organic Acids Market, By Type
- Italy
- Italy Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Italy Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Italy Organic Acids Market, By Type
- BENELUX
- BENELUX Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- BENELUX Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- BENELUX Organic Acids Market, By Type
- Rest of Europe
- Rest Of Europe Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Rest Of Europe Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Rest Of Europe Organic Acids Market, By Type
- Germany
-
Asia Pacific Organic Acids Market - Segment Analysis
- Overview
- Asia Pacific Organic Acids Market, 2016 - 2028 (USD Million)
-
Asia Pacific Organic Acids Market, by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
Asia Pacific Organic Acids Market, by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
Asia Pacific Organic Acids Market, by Country
- China
- China Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- China Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- China Organic Acids Market, By Type
- Japan
- Japan Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Japan Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Japan Organic Acids Market, By Type
- India
- India Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- India Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- India Organic Acids Market, By Type
- South Korea
- South Korea Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- South Korea Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- South Korea Organic Acids Market, By Type
- South East Asia
- South East Asia Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- South East Asia Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- South East Asia Organic Acids Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Rest of Asia Pacific Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Rest of Asia Pacific Organic Acids Market, By Type
- China
-
Latin America Organic Acids Market - Segment Analysis
- Overview
- Latin America Organic Acids Market, 2016 - 2028 (USD Million)
-
Latin America Organic Acids Market, by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
Latin America Organic Acids Market, by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
Latin America Organic Acids Market, by Country
- Brazil
- Brazil Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Brazil Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Brazil Organic Acids Market, By Type
- Argentina
- Argentina Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Argentina Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Argentina Organic Acids Market, By Type
- Rest of Latin America
- Rest of Latin America Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Rest of Latin America Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Rest of Latin America Organic Acids Market, By Type
- Brazil
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Middle East & Africa Organic Acids Market - Segment Analysis
- Overview
- Middle East & Africa Organic Acids Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Organic Acids Market, by Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
-
Middle East & Africa Organic Acids Market, by Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
-
Middle East & Africa Organic Acids Market, by Country
- GCC Countries
- GCC Countries Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- GCC Countries Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- GCC Countries Organic Acids Market, By Type
- South Africa
- South Africa Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- South Africa Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- South Africa Organic Acids Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Organic Acids Market, By Type
- By Acetic Acid
- By Citric Acid
- By Formic Acid
- By Lactic Acid
- By Propionic Acid
- By Ascorbic Acid
- By Gluconic Acid
- By Fumaric Acid
- Rest of Middle East & Africa Organic Acids Market, By Application
- By Food & Beverages
- By Feed
- By Pharmaceuticals
- By Industrial
- Rest of Middle East & Africa Organic Acids Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- Koninklijke DSM N.V. (Netherlands)
- BASF SE (Germany)
- Cargill (US)
- Henan Jindan Lactic Acid Technology Co. Ltd (China)
- the Dow Chemical Company (US)
- Archer Daniels Midland Company (U.S.)
- Myriant Corporation (U.S.)
- Eastman Chemical Company (U.S.)
- Corbion N.V. (Netherlands).
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Organic Acids in terms of revenue?
-
The global Organic Acids valued at USD 11.64 Billion in 2022 and is expected to reach USD 18.29 Billion in 2030 growing at a CAGR of 5.80%.
Which are the prominent players in the market?
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The prominent players in the market are Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Cargill (US), Henan Jindan Lactic Acid Technology Co. Ltd (China), the Dow Chemical Company (US), Archer Daniels Midland Company (U.S.), Myriant Corporation (U.S.), Eastman Chemical Company (U.S.), Corbion N.V. (Netherlands)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Organic Acids include
- Growing Preference of Natural Preservatives and Stringent Government Regulations
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Organic Acids in 2022.