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India Citric Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The India citric acid market reached a volume of 80,800 Metric Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Citric acid is naturally found in citrus fruits, such as lemon, oranges, grapefruits, and pomelos. Apart from this, it can also be synthetically manufactured using aspergillus niger, a fungus, through the process of fermentation. Characterized by a sour taste, it is utilized in the food industry as a flavoring and preserving agent. Apart from this, citric acid is also used for a vast array of purposes, including controlling the growth of microorganisms and manufacturing personal care products and cosmetics. Additionally, it is also used for manufacturing numerous medicines and health supplements to improve metabolism and enhance nutrient absorption in the human body.  

The market in India is primarily driven by significant growth in the pharmaceutical sector. Along with this, multiple key players across the country are engaging in merger and acquisitions (M&A) activities to create numerous growth opportunities in the market. Some of the other factors contributing to the market growth include the rising adoption of citric acid in the food and beverage industry, and extensive research and development (R&D) activities.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India citric acid market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on application and form.

Breakup by Application:

  • Food and Beverages
  • Household Detergents and Cleaners
  • Pharmaceuticals
  • Others
     

Breakup by Form:

  • Anhydrous
  • Liquid
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units  '000 Metric Tons
Segment Coverage Application, Form, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India citric acid market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India citric acid market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India citric acid market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Citric Acid Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Application
    6.1    Food and Beverages
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2     Household Detergents and Cleaners 
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3     Pharmaceuticals 
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4      Others 
        6.4.1 Market Trends
        6.4.3 Market Forecast
7    Market Breakup by Form
    7.1     Anhydrous 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2     Liquid
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Region
    8.1    North India
        8.1.1 Market Trends
        8.1.2 Market Breakup by State
        8.1.3 Market Forecast
    8.2    West and Central India
        8.2.1 Market Trends
        8.2.2 Market Breakup by State
        8.2.3 Market Forecast
    8.3    South India
        8.3.1 Market Trends
        8.3.2 Market Breakup by State
        8.3.3 Market Forecast
    8.4    East India 
        8.4.1 Market Trends
        8.4.2 Market Breakup by State
        8.4.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: India: Citric Acid Market: Major Drivers and Challenges
Figure 2: India: Citric Acid Market: Volume Trends (in '000 Metric Tons), 2015-2020
Figure 3: India: Citric Acid Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 4: India: Citric Acid Market: Breakup by Application (in %), 2020
Figure 5: India: Citric Acid Market: Breakup by Form (in %), 2020
Figure 6: India: Citric Acid Market: Breakup by Region (in %), 2020
Figure 7: India: Citric Acid (Food and Beverages) Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 8: India: Citric Acid (Food and Beverages) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 9: India: Citric Acid (Household Detergents and Cleaners) Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 10: India: Citric Acid (Household Detergents and Cleaners) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 11: India: Citric Acid (Pharmaceuticals) Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 12: India: Citric Acid (Pharmaceuticals) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 13: India: Citric Acid (Other Applications) Market: Volume Trends (in '000 Metric Tons, 2015 & 2020
Figure 14: India: Citric Acid (Other Applications) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 15: India: Citric Acid (Anhydrous) Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 16: India: Citric Acid (Anhydrous) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 17: India: Citric Acid (Liquid) Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 18: India: Citric Acid (Liquid) Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 19: North India: Citric Acid Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 20: North India: Citric Acid Market: Breakup by State (in %), 2020
Figure 21: North India: Citric Acid Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 22: West and Central India: Citric Acid Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 23: West and Central India: Citric Acid Market: Breakup by State (in %), 2020
Figure 24: West and Central India: Citric Acid Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 25: South India: Citric Acid Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 26: South India: Citric Acid Market: Breakup by State (in %), 2020
Figure 27: South India: Citric Acid Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 28: East India: Citric Acid Market: Volume Trends (in '000 Metric Tons), 2015 & 2020
Figure 29: East India: Citric Acid Market: Breakup by State (in %), 2020
Figure 30: East India: Citric Acid Market Forecast: Volume Trends (in '000 Metric Tons), 2021-2026
Figure 31: India: Citric Acid Industry: SWOT Analysis
Figure 32: India: Citric Acid Industry: Value Chain Analysis
Figure 33: India: Citric Acid Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Citric Acid Market: Key Industry Highlights, 2020 and 2026
Table 2: India: Citric Acid Market Forecast: Breakup by Application (in '000 Metric Tons), 2021-2026
Table 3: India: Citric Acid Market Forecast: Breakup by Form (in '000 Metric Tons), 2021-2026
Table 4: India: Citric Acid Market Forecast: Breakup by Region (in '000 Metric Tons), 2021-2026
Table 5: India: Citric Acid Market: Competitive Structure
Table 6: India: Citric Acid Market: Key Players

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