Organic Acids Market Size by Type (Acetic acid, Citric acid, Propionic acid, Formic acid, Lactic acid, Ascorbic acid, Fumaric acid, Malic acid, Others), by Applications (Industrial and Chemicals, Food and Beverages, Animal Feed and Nutrition, Pharmaceuticals, Cosmetics and Personal Care, and Agriculture) - Global Forecasts to 2022

The Organic Acids Market is expected to reach USD 20,232.6 million by 2022, at a CAGR of 7.1% during the forecast period of 2017 to 2022.

Following a comprehensive research on organic acids and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, trends, and opportunities, listed in the market dynamics segment. The growing use of organic acids in wide range of application, increasing focus on producing organic acid from bio based sources, increasing use of dietary microencapsulated organic acids, and growing demand in developing economies are the key market drivers covered in the report which will support the industry growth in the forecast period. In addition, production of organic acids from renewable sources further provides significant opportunities for the various stakeholders in this market. However, factors such as fluctuating raw material prices & availability and high price of organic acids are expected to hinder the growth of this market to some extent.

The report further gives an extensive outlook of various types and industries served by the organic acids. The global organic acids market is mainly segmented by type (acetic acid, citric acid, propionic acid, formic acid, lactic acid, ascorbic acid, fumaric acid, malic acid, others), by application (industrial & chemicals, food & beverages, animal feed & nutrition, pharmaceuticals, cosmetics & personal care, and agriculture). These segments further briefly talk about the trends impacting the growth of these markets and the benefits involved with the use of different types of organic acids in various applications.

An exhaustive analysis of the geographical scenario of the industry for the five major geographies: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa is included in the geographical analysis section. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies Asia Pacific to be the largest market, followed by North America, and Europe. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

Click here to: Get Free Request Sample Copy of this report

The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2014-2017). The study has also incorporated the market share analysis of leading players and detailed profiles of 14 top market players across the value chain of the industry, including detailed financial performance, product offerings, and strategic growth initiatives of each player.

The key players operating in the global organic acids market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), E. I. du Pont de Nemours and Company (U.S.), Tate & Lyle PLC (U.K.), Myriant Corporation (U.S.), Eastman Chemical Company (U.S.), Henan Jindan Lactic Acid Technology Co., Ltd (China), Polynt- Reichhold (Italy), BASF SE (Germany), The Dow Chemical Company (U.S.), Celanese Corporation (U.S.), Koninklijke DSM N.V. (The Netherlands), Corbion (The Netherlands), and BioAmber Inc. (Canada)

Scope of Organic Acids Market Report:

Organic Acids Market by Product type:

• Acetic acid
• Citric acid
• Propionic acid
• Formic acid
• Lactic acid
• Ascorbic acid
• Fumaric acid
• Malic acid
• Others

Organic Acids Market by Application:

• Industrial & chemicals
• Food & Beverages
• Animal feed & nutrition
• Pharmaceuticals
• Cosmetics & personal care
• Agriculture

Organic Acids Market by Geography:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Rest of Asia-Pacific
• Rest of World
• Middle-East & Africa
• Latin America
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Key questions answered in Organic Acids Market report: 

Growing industrial & chemicals to drive the adoption of organic acids

• How does the penetration of organic acids in industrial & chemical differ from the penetration in food and beverage applications?
• What impact does this have on the adoption of organic acids in comparison to other niche applications?
• Which are the high growth market segments in terms of type, application, and regions/countries?

Pharmaceutical and cosmetics & personal care applications account for a relatively small proportion of all applications of organic acids globally

• What factors contribute to the infrequent usage of organic acids in pharmaceutical and cosmetic & personal care industry?
• Conversely, which geographic segment is expected to experience the fastest growth for pharmaceutical and cosmetics & personal care applications?

The Asia-Pacific, especially China, organic acids market favors both larger and local manufacturers that compete in multiple segments

• What are the top competitors in this market and what strategies do they employ to gain shares?
• What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
• What strategies should new companies adopt to enter this market use to compete effectively?
• What are the major drivers, restrains, and opportunities in the global organic acids market?
• Who are the major players in various countries and what share of the market do they hold?
• What are the geographical trends and high growth regions/ countries?

Recent partnerships, agreements, and expansions have taken place in the organic acids space

• What companies have created partnerships and how will these partnerships promote a competitive advantage?
• What companies expanding their businesses and how will these expansions help companies to gain market share in organic acids space?
• Who are the major players in the global organic acids market and what share of the market do they hold?
• What are the local emerging players in the global organic acids market and how do they compete with the global players?