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

Market Overview:

The United States citric acid market is expected to grow at a CAGR of X% 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. 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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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:

  • Northeast
  • Midwest
  • South
  • West
     

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 Tons
Segment Coverage Application, Form, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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 United States 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 United States 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 United States 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    United States 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    Northeast
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Midwest
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    South
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    West
        8.4.1 Market Trends
        8.4.2 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: United States: Citric Acid Market: Major Drivers and Challenges
Figure 2: United States: Citric Acid Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 3: United States: Citric Acid Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 4: United States: Citric Acid Market: Breakup by Application (in %), 2020
Figure 5: United States: Citric Acid Market: Breakup by Form (in %), 2020
Figure 6: United States: Citric Acid Market: Breakup by Region (in %), 2020
Figure 7: United States: Citric Acid (Food and Beverages) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 8: United States: Citric Acid (Food and Beverages) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 9: United States: Citric Acid (Household Detergents and Cleaners) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 10: United States: Citric Acid (Household Detergents and Cleaners) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 11: United States: Citric Acid (Pharmaceuticals) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 12: United States: Citric Acid (Pharmaceuticals) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 13: United States: Citric Acid (Other Applications) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 14: United States: Citric Acid (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 15: United States: Citric Acid (Anhydrous) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 16: United States: Citric Acid (Anhydrous) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 17: United States: Citric Acid (Liquid) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 18: United States: Citric Acid (Liquid) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 19: Northeast: Citric Acid Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 20: Northeast: Citric Acid Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 21: Midwest: Citric Acid Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 22: Midwest: Citric Acid Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 23: South: Citric Acid Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 24: South: Citric Acid Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 25: West: Citric Acid Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 26: West: Citric Acid Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 27: United States: Citric Acid Industry: SWOT Analysis
Figure 28: United States: Citric Acid Industry: Value Chain Analysis
Figure 29: United States: Citric Acid Industry: Porter’s Five Forces Analysis

List of Tables

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

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