Segment-level analysis in terms of technology, component, and type along with North America Acidity Regulators Market size forecasts and estimations to detect key areas of industry growth in detail
According to the report “North America Acidity Regulators Market by Product Type (Lactic Acid, Citric Acid, Acetic Acid, Malic Acid, Phosphoric Acid), by Application (Sauces, Dressings & Condiments, Beverages, Processed Food, Bakers & Confectionery), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the North America Acidity Regulators Market is expected to reach USD 1.63 billion by 2021 from USD 1.13 billion in 2016, growing at a CAGR of 7.64%.
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The North America Acidity Regulators market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the rise in the awareness among people regarding health and nutrition as well as the food safety.
There has been a sudden growth in the market lately and is expected to continue in upcoming years as well.
Acidity Regulators constitute important part of the food additives industry. The food acidity regulators are used for food flavouring and also providing them with an acidic medium, which in turn helps in increasing the shelf life of the products.
They are also used in the form of preservative to avoid any microbial activity in these food products.
Increase in demand for food & beverages and food safety, among people has been the driving factor for the market over recent years. Other major factors fuelling the growth of the market include increasing focus on health and nutrition, emerging value added products in the market, shift of demand towards sauces, dressings & condiments as well as the impact of modern technology.
On the different side, there are some factors which hinder the growth of the market. These include the market being flooded by the low cost suppliers and ill effects on health.
These factors have been restraining the market from reaching its potential.
The North America Acidity Regulators market is segmented by type and application. The market segmentation based on type is done into citric acid, lactic acid, malic acid, phosphoric acid and acetic acid.
Based on segmentation by application the market is categorized into beverages, processed foods, bakers & confectionery and sauces, dressings & condiments. The respective market leaders in the segments are citric acid and processed foods.
On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
Some of the leading companies are:
- American Tartaric Products Inc.
- H Plus Ltd.
- Bartek Ingredients Inc.
- Cargill Incorporated
- Brenntag Pacific Inc.
- Fbc Industries Inc.
- Fuerst Day Lawson Ltd.
- Fosfa Chemicals
- Hawkins Watts Ltd.
- Merko Group Llc
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