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The United States citric acid market size reached 542,800 Tons in 2021. Looking forward, IMARC Group expects the market to reach 609,400 Tons by 2027, exhibiting a growth rate (CAGR) of 1.7% during 2022-2027. 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 refers to an organic compound that is commonly found in citrus fruits, such as lemon, oranges, grapefruits, and pomelos. It is a weak organic acid that is soluble in water, dimethyl sulfoxide, alcohol and ethyl acetate. It is widely utilized in the food industry as a flavoring and preserving agent. It aids in improving metabolism and enhances nutrient absorption in the body. Apart from this, it is also used as a stabilizer in the manufacturing of medicines and personal care products.
The market in the United States is primarily driven by significant growth in the food and beverage industry. Along with this, multiple key players in the region are engaging in merger and acquisitions (M&A) activities to create numerous growth opportunities in the market. Moreover, the increasing government initiatives to prohibit the utilization of phosphate-based detergents and cleaning agents has led to an increase in the adoption of citric acids in the manufacturing of cleaning products, which is further providing a boost to the market growth. Some of the other factors contributing to the market growth include the widespread preference for organic personal care products and extensive research and development (R&D) activities conducted by key players.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States citric acid market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on application and form.
Breakup by Application:
Breakup by Form:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Application, Form, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
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|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)|
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