The [FURL=https://www.industryarc.com/Report/7368/Citric-Acid-Market-Research-Report.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Citric Acid Market[/FURL] size is estimated to reach $5.2 billion by 2027, growing at a CAGR of 4.7% during the forecast period 2022-2027. Citric Acid is a weak organic acid appearing organically in citrus fruits. Citric Acid is a stinging-tasting crystalline acid existing in the juice of lemons and additional sour fruits. It is prepared commercially by the fermentation of sugar and utilized as a seasoning and setting agent. A buffer solution of citric acid may be made by including trisodium citrate, a salt of citric acid, in the solution. The citric acid buffer solution is the most excellent if the desired pH is in the 3 to 6.2 range. When citric acid is heated to 175 °C, it is partly transformed to aconitic acid by removal of water, and to acetone dicarboxylic acid by losing carbon dioxide and water.Key Takeaways
Geographically, Asia-Pacific Citric Acid Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the lower production costs, its role as a chelating agent, and effortless accessibility to raw materials in the Asia-Pacific region.
Citric Acid Market growth is being driven by the initiation of progressive applications in pharmaceuticals and canned food making firms and as a complexing and chelating agent in metal treatment.
Citric Acid Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Citric Acid Market report.
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Citric Acid Market Segment Analysis – By Geography:
The Citric Acid Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific (Citric Acid Market) held the largest share with 35% of the overall market in 2021. The growth of this region is owing to the increasing predominance of cardiovascular ailments. Citric acid is utilized as a decalcifying agent for the excised calcified human heart valves.
Citric Acid Market Drivers
Advantages And Surging Applications Of Citric Acid Are Projected To Drive The Growth Of Citric Acid Market
Positive Effects Of Citric Acid On The Environment Are Expected To Boost The Demand Of Citric Acid
Citric Acid Market - Landscape:
Key companies of this market are Archer Daniels Midland Company (ADM), Jungbunzlauer Suisse AG, Cargill, Incorporated, Foodchem International Corporation, COFCO BIOCHEMICAL, Tate & Lyle, Hoffmann-La Roche AG, Yixing Biochemical Co., Ltd, Jiangsu Gadot Nuobei Biochemical Co., Ltd, Weifang Ensign Industry Co., Ltd.
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