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Our latest research report entitled Organic Acids Market (by type (acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, and other types), application (food & beverages, feed, pharmaceuticals, and other applications)) provides complete and deep insights into the market dynamics and growth of Organic Acids. The latest information on market risks, industry chain structure Organic Acids cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Organic Acids growth factors.

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Growing Application of the Organic Acid in the Feed Preparation Industries Propelling the Growth

The organic acid is an organic compound, which is used for its acidic properties. These are the basic acids, which have several basic applications in the industry and the domestic sector. These acids have numerous applications in the food and beverage industry, animal feed preparation, pharmaceutical industry, and other industrial applications.

In the food processing industry, it facilitates the destruction of the bacteria and micro bacteria inside the food products, which helps to keep food products safe for human consumption for the long term. Further, they are more efficient for bacterial control in the production of industrial feed as compared to the antibiotics used for the same purpose. In addition, these are used for stimulation of oil and gas wells, and as rust removers.

The different organic acids such as lactic acid, citric acid, acetic acid, and others are used as an antioxidant, flavoring agent, and preservatives in beverage processing industries. Thus rapidly growing beverage industry and increasing consumer preferences towards consuming energy drinks and organic beverages provide a growing demand for organic acids market across the globe.

Further, the growing application of the organic acid in the feed preparation industries propelling the growth to the market. In the textile industry the organic acids used as solvent, washing agent, pH buffers and quenchers. The growing application of organic acids in the textile industry further driving the growth of the organic acids market.

However, the availability of the substitute for the different types of organic acids in the market is affecting the growth of the market for the short term. Moreover, organic acids are used as an alternative to AGPs. They improve animal performance and production parameters and also have a broader spectrum of activity. The use of technology further enhances its effectiveness. This provides a growth opportunity for the organic acids market.

North America is the Largest Revenue Making Region

North America is the largest revenue making region for the organic acids market, owing to the presence of end-use industries, such as feed manufacturing, pharmaceutical, food and beverage processing, and others. The Asia-Pacific organic acids market is expected to grow with a healthy CAGR, owing to the growing demand for organic acid from different industrial applications.

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Report on the Global Organic Acids Market Covers Segments Such as Type and Application

On the basis of type, the sub-markets include acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, and other types. On the basis of application, the sub-markets include food & beverages, feed, pharmaceuticals, and other applications.

Competitive Analysis:

The report provides profiles of the companies in the market such as Polynt-Reichhold, Tate & Lyle PLC, Koninklijke DSM N.V., Corbion N.V., Myriant Corporation, Eastman Chemical Company, The Archer Daniels Midland Company, Henan Jindan Lactic Acid Technology Co. Ltd., BASF SE, and E. I. du Pont de Nemours and Company.

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Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the Organic Acids.
  • Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market.
  • The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.