India Citric Acid Market to Grow at 5.7% During 2021-2026 | IMARC Group

India Citric Acid Market to Grow at 5.7% During 2021-2026 | IMARC Group

According to the latest report by IMARC Group, titled, “India Citric Acid Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”,The India citric acid market size 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.

Citric acid is a weak organic acid with a sour taste, naturally found in citrus fruits like lemon, limes, oranges and pomelos. It can also be manufactured synthetically by the fermentation process using a fungus, namely Aspergillus Niger. Citric acid aids in detoxification, improving energy levels and promoting healthy digestion and kidney function. Italso finds extensive applications as an additive, preservative, flavoring, and coloring agent across the food and beverage (F&B) industry. In recent years, citric acid has gained traction among detergent manufacturers as it provides a less harmful formulation than phosphates in water systems

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

India Citric Acid Market Trends:

The expanding food and beverage (F&B) industry and the escalating demand for ready-to-drink (RTD) beverages and processed foods on account of rising disposable incomes, rapid urbanization and hectic lifestyles represent the primary factors driving the market. Besides this, citric acid is widely used to manufacture various medicines and health supplements to boost metabolism and improve nutrient absorption in the human body, thereby contributing to the market growth. It is also utilized in numerous cosmetics and personal care products, such as facial packs and masks, to naturally brighten and lighten the skin tone, reduce oiliness and breakouts, and regenerate dead skin cells. Moreover, the increasing applications in household detergents and cleaners, coatings, adhesives and sealants, plastics and polymers, pharmaceutical products, clinical nutrition and pet food items have catalyzed the market growth. Furthermore, with the growing awareness about the adverse impacts caused by synthetic chemicals, consumersare shifting toward organic and natural products. These products are made using natural ingredients, such as citric acid, thereby augmenting the product demand across the country.

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India Citric Acid Market 2021-2026 Analysis and Segmentation:

The report has segmented the market on the basis 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

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If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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