According to the latest report by IMARC Group, titled “China Citric Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the China citric acid market size reached 334,000 Tons in 2022. Citric acid is a weak organic tricarboxylic acid that occurs naturally in citrus fruits, such as lemons, limes, grapefruits, and oranges, among others. It acts as a natural preservative, antioxidant, buffering, and binding agent and can help improve the absorption of certain minerals and nutrients, such as iron, in food products. As a result, it is commonly used as a food additive to add a sour flavor and acidity to various products, such as soft drinks, candy, and sauces. Apart from this, citric acid is utilized for several industrial purposes, such as providing pH adjustment, controlling the growth of microorganisms, and manufacturing various pharmaceutical, personal care, and cosmetics products.
China Citric Acid Market Trends:
The expanding use of citric acid across the thriving pharmaceutical industry as antacids, pain relievers, and antibiotics is the prime factor driving the China citric acid market growth. Besides this, the growing use of citric acid for manufacturing household cleaners and personal care products, such as toothpaste, shampoos, soaps, dishwashing liquids, and rust remover products, is creating a positive outlook for the market. Moreover, citric acid is extensively used across the bolstering food and beverage (F&B) industry to preserve products, extend their shelf life, and reduce spoilage; thus, the widespread consumer preference for convenience foods and ready-to-eat (RTE) meals is presenting remunerative growth opportunities for the market. In addition to this, the shifting preference for healthier lifestyles and the growing demand for non-alcoholic drinks, such as soft drinks, sports drinks, and other beverages that use citric acid as an acidulant to enhance their taste, is contributing to the market growth. Furthermore, the increasing product employment as a wet-strength agent in the paper industry to improve the strength and durability of the paper, combined with largescale use of citric acid in the metal processing industry as a cleaning agent to remove rust and other contaminants from metal surfaces, are aiding in market expansion. Looking forward, the market value is projected to reach 432,300 Tons by 2028, expanding at a CAGR of 4.2% during 2023-2028.
- Based on application, the market is categorized into food and beverages, household detergents and cleaners, pharmaceuticals, and others.
- On the basis of the form, the market has been bifurcated into anhydrous and liquid.
- Based on the region, the market is segmented into North and Northeast, Northwest, East, South Central, and Southwest China.
- The competitive landscape of the industry has also been examined, covering the competitive structure and key player profiles.
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||North and Northeast, Northwest, East, South Central, Southwest
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