Impact of COVID-19 on Acidity Regulators Market is Registering at a CAGR of 7.96% by 2022

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Acidity Regulators Market

The Acidity Regulators Marketis anticipated to reach $7,056 million, and grow growing at a CAGR of 7.96%, during the period, 2016‐2022. Acidity regulators are vital ingredients, used in beverages and food products.

The acidity regulation market is expected to witness notable growth owing to its wide application as a preservative, flavoring agent, and taste enhancer or taste modifier, in the coming years. Increase in usage of acidity regulators in the food & beverage industry, such as in bakery, confectionery, sauces, condiments, and dressings is expected to fuel the market growth. Moreover, growth in demand for fast food, cold drink, and other food & beverages would supplement the market growth. The impact of these drivers is expected to increase significantly due to rise in awareness about the benefits of the regulators. The excessive consumption of these regulators results in diarrhea, nausea, and vomiting which restrain the market growth. The advancement in technology would result in decrease in cost of acidity regulators in the future.

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Acidity regulators market is influenced by the strict government regulations to control adulterations, enhance the shelf life, inhibit the growth of microorganisms, and prevent food products from rancidity. These factors collectively create opportunities for market growth, while excessive intake of these compounds can cause health issues, thus limiting the market growth.

The key players profiled in this report include Archer Daniels Midland Company (U.S.), Jungbunzlauer India Pvt. Ltd. (India), Bertek Ingredient Incorporation (U.S.), ATP Group (Denmark), Celrich Pvt. Ltd(India), Chemelco International B.V. (Netherlands), FBC Industries Inc. (U.S.), and Fuerst Day Lawson Ltd. (UK).

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Key Findings of the Acidity Regulators Market:

  • Beverages and processed food segments are expected to grow at high CAGRs of 8.3% and 8.0%, respectively.
  • Asia-Pacific dominated global acidity regulators market and projected to grow at a CAGR of 8.3%.
  • Citric acid was the highest revenue-generating segment and is expected to continue its dominance throughout the forecast period.

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