Top Players in the Citric Acid Market

The global citric acid market size reached 2.9 Million Tons in 2023. As per the analysis by IMARC Group, the citric acid market is witnessing significant growth due to the widespread adoption of advanced applications and technologies. Manufacturers are utilizing agro-industrial wastes and their by-products, such as molasses and glycerin, through solid-state fermentation for the hyperproduction of citric acid. These organic acids are industrially feasible and environmentally sustainable. They are also applying the in-situ product recovery method to improve yield and productivity, which can later be optimized for large-scale production and recovery of citric acid. Apart from this, key players are incorporating solid-state and continuous yeast processes with fungal submerged fermentation to further enhance citric acid producing strains. This, in turn, is aiding manufacturers in reducing production costs and environmental degradation. Moreover, vendors are continuously investing in research and development (R&D) activities to engineer citric acid-based polymers with enhanced mechanical properties, nanoporous features, and unique photoluminescent capabilities. Such advancements have led to the widespread product adoption as a substitute for multiple novel pharmaceutical and biomedical applications, such as green crosslinkers, release modifier, capping and coating, branched polymer, and absorption enhancer. Looking forward, IMARC Group expects the global citric acid market to reach 3.7 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2.6% during 2024-2032.

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World's Largest Citric Acid Manufacturers List:

Archer Daniels Midland Company

Establishment: 1902
Headquarter: Illinois, United States
Website: https://www.adm.com

ADM is a multinational food processing and commodities trading corporation that procures, processes, and merchandises agricultural goods worldwide. The company’s operations are organized into three business segments, namely Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It also provides agricultural storage and transportation services for raw materials, such as oilseeds, corn, wheat, oats, barley, starch, glucose, citric acid, canola, sunflower seeds, and milo. Additionally, the company provides natural flavor ingredients, flavor systems, protein emulsifiers, soluble fibers, and natural health and nutrition products, including probiotics, prebiotics, enzymes, and other specialty feed ingredients for the food and beverage (F&B), nutraceutical, industrial, and animal feed industries.

Cargill, Incorporated

Establishment: 1865
Headquarter: Minnesota, United States
Website: https://www.cargill.co.in

Cargill, Inc. is a privately held producer and marketer of food, agricultural, financial, and industrial products and services. The company operates through animal nutrition and protein, food ingredients and applications, origination and processing, and industrial and financial services segments. Some of Cargill’s major businesses are trading, purchasing, and distributing energy, feed, and agricultural commodities, such as palm oil, steel, starch, glucose syrup, and vegetable oils and fats, for application in processed foods and industrial use. Cargill markets these products under Nature Fresh, Gemini, Sweeker, Rath, Sunflower, Provimi, Purina, Citura, and Cargill brands. Apart from this, the company provides farmer services, risk management solutions, animal nutrition, biofuels, and other industrial products.

Tate & Lyle PLC

Establishment: 1921
Headquarter: London, United Kingdom
Website: https://www.tateandlyle.com

Tata & Lyle PLC is a global supplier of specialty ingredients and solutions used by the food and beverage (F&B) and other industries. It operates through three segments, namely food and beverage solutions, sucralose, and primary products. Some of the products offered by the company includes syrups and sweeteners, texturants, stabilizers, and savory items. These products are marketed under the Splenda, Promitor, Claria, and Krystar brands.

Jungbunzlauer Suisse AG

Establishment: 1867
Headquarter: Basel, Switzerland
Website: https://www.jungbunzlauer.com

Jungbunzlauer Suisse AG, a subsidiary of Jungbunzlauer Holding AG, is one of the leading producers of food additives and ingredients that serves the food and beverage, pharmaceutical, and cosmetic industries. The company specializes in natural and biodegradable ingredients, including citric acid, lactics, special salts, xanthan gum, gluconates, and sweeteners. It manufactures healthy, safe, and sustainable products through continuous investments, state-of-the-art manufacturing processes, and comprehensive quality management. Apart from this, Jungbunzlauer sells its products through a network of distributors across the Europe, North America, South America, the Middle East, Africa, and Asia Pacific regions.

Cofco Biochemical (Anhui) Co., Ltd.

Establishment: 1998
Headquarter: China
Website: http://www.cofco.com

Cofco Biochemical is primarily engaged in the processing and distribution of agricultural products and biological chemicals. Its main products include citric acid, fuel ethyl alcohol, amino acids, l-lactic acid, edible oil, feed, and their by-products. The company offers these commodities within the nutrition, health, low-carbon, and sustainable development solutions by using high-quality and non-genetically modified organism (non-GMO) raw materials.

Huangshi Xinghua Biochemical Co. Ltd.

Establishment: 1965
Headquarter: China
Website: http://www.xinghuabiochem.com

Huangshi Xinghua Biochemicals (HSCA) is a manufacturer of industrial organic chemicals. Its main products include citric acid anhydrous and monohydrate and sodium citrate that are trademarked under the Yangtse River brand. These products are formulated by using sweet potato and corn as raw materials through biological fermentation producing flow and refined extraction processes.

RZBC Group Co. Ltd.

Establishment: 1993
Headquarter: China
Website: http://en.rzbc.com

RZBC is one of the leading manufacturers of citric acid and citrate. It is committed in the production, development, research, and service of citric acid and its salts. The organization owns a number of core technologies, automatic production equipment, standardized management, and manufacturing processes to ensure reliable quality. RZBC mainly serves the food and beverage, pharmacy, and detergent companies with some of their major clients being Coca Cola, PepsiCo, Mondelez, Danone, P&G, Nestle, GSK, and Pfizer.

Weifang Ensign Industry Co., Ltd.

Establishment: 1997
Headquarter: China
Website: http://www.ensignworld.com

Weifang Ensign Industry produces citric acid and alcohol products. Its product portfolio includes citric acid monohydrate, sodium citrate, citric acid anhydrous, and special grade alcohol. These products are mainly manufactured using starch-based raw materials, such as sweet potato, tapioca, and corn. Weifang is equipped with modern devices and strong technical force to practice high-standards biological fermentation technique.

Gadot Biochemical Industries Ltd.

Establishment: 1964
Headquarter: Haifa, Israel
Website: https://www.gadotbio.com

Gadot Biochemical Industries Ltd. is engaged in the manufacturing of chemical products. It offers ingredients, fine chemicals, and non-GMO food and nutraceutical products to the food and beverage, cosmetic, detergent, and pharmaceutical industries. Some of these common products include citric acid, sodium citrate, potassium citrate, zinc, crystalline fructose, tri calcium phosphate, custom soluble mineral sources, and soy fortification.

S.A. Citrique Belge N.V.

Establishment: 1929
Headquarter: Tienen, Belgium
Website: https://www.citriquebelge.com

S.A. Citrique Belge N.V. is a biotech company that produces and supplies citric acid and its associated co-products. The citric acid produced by the company are used as pH regulators, flavor enhancers, and binding agents in fruits juices, soft drinks, and sweets. S.A. Citrique applies state-of-the-art methods, technologies, and safe production environment to offer high-quality, flexible, and sustainable products to the clients.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the Citric acid market, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

• Market Research
• Plant setup
• Plant Expansion
• Marketing and sales
• Procurement and Distribution
• Innovation and Product Development