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
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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
Breakup by Form:
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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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
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