The global citric acid market is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.70% through 2034. Valued at USD 172.7 million in 2024, the market is expected to surpass USD 248.6 million by 2034. Key drivers of this growth include citric acid’s extensive applications across multiple industries such as …
Tag Archives: Citric Acid Market Analysis
Citric Acid Market Forecast: Steady Growth at 3.70% CAGR, Expected to Reach USD 248.6 Million by 2034
The demand for citric acid market is likely to rise at a CAGR of 3.70% through 2034. The market value is set to reach a valuation of USD 172.7 million in 2024. Maintaining the steady trajectory, analysis suggests the industry is likely to surpass USD 248.6 million by 2034. The citric acid industry is propelled by several key drivers, including its widespread applications …
Citric Acid Market Trends: Expected to Reach USD 248.6 Million by 2034, Growing at a 3.70% CAGR
The demand for citric acid market is likely to rise at a CAGR of 3.70% through 2034. The market value is set to reach a valuation of USD 172.7 million in 2024. Maintaining the steady trajectory, analysis suggests the industry is likely to surpass USD 248.6 million by 2034. The citric acid industry is propelled by several key drivers, including its widespread applications …
Citric Acid Market Global Forecast 2022-2032 Estimated with Top Key Players like: Archer Daniels Midland Company, Shandong Juxian Hongde Citric Acid Co. Ltd., Jungbunzlauer Suisse AG, Basel, Delek Group, Cargill, Incorporated, Weifang Ensign Industry Co. Ltd., Tate & Lyle Plc.,
Citric acid is rapidly gaining popularity with demand rising considerably from multiple industrial end users, especially with a growing focus on clean label trends in the food and beverage industry. According to a report by Future Market Insights (FMI), the niche applications in pharmaceuticals and animal feed products will bolster sales and create lucrative opportunities between …
Citric Acid Market Global Forecast 2022-2032 Estimated with Top Key Players like: Archer Daniels Midland Company, Shandong Juxian Hongde Citric Acid Co. Ltd., Jungbunzlauer Suisse AG, Basel, Delek Group, Cargill, Incorporated, Weifang Ensign Industry Co. Ltd., Tate & Lyle Plc.,
Citric acid is rapidly gaining popularity with demand rising considerably from multiple industrial end users, especially with a growing focus on clean label trends in the food and beverage industry. According to a report by Future Market Insights (FMI), the niche applications in pharmaceuticals and animal feed products will bolster sales and create lucrative opportunities between …