글로벌 구연산 시장 규모, 점유율 및 추세 분석 보고서 – 산업 개요 및 2031년까지의 예측

구연산 시장 분석

구연산 시장은 생산 기술의 발전과 다양한 산업에 걸친 응용 분야 증가로 인해 상당한 성장을 경험하고 있습니다. 유전자 변형 미생물을 사용하는 것과 같은 현대 발효 화학 물질은 수율을 높이고 생산 비용을 절감합니다. 막 분리 및 효소 공정과 같은 혁신은 또한 구연산 추출의 효율성을 개선하여 더 높은 순도 수준과 지속 가능성으로 이어집니다.

또한, 식품 및 음료 부문에서 천연 방부제에 대한 수요가 증가하면서 시장 성장이 촉진되고 있습니다. 풍미 강화제, 산미제, pH 안정제로서의 구연산의 다기능성으로 인해 제조업체에서 선호하는 선택이 되었습니다. 화장품 및 개인 관리 산업도 항산화 특성으로 인해 구연산 사용을 확대하고 있으며, 피부 건강과 제품 안정성을 증진하고 있습니다.

시장 성장은 친환경 제품에 대한 집중이 커지면서 촉진되는데, 구연산은 생분해성이고 합성 첨가물에 대한 안전한 대안으로 여겨지기 때문입니다. 소비자 선호도가 유기농 및 천연 성분으로 이동함에 따라 구연산 시장은 더욱 확대될 것으로 예상됩니다. 또한 아시아 태평양의 신흥 시장이 가처분 소득 증가와 도시화 추세에 힘입어 상당히 기여할 것으로 예상됩니다.

구연산 시장 규모

글로벌 구연산 시장 규모는 2023년에 66억 8천만 달러로 평가되었으며, 2031년까지 105억 8천만 달러에 도달할 것으로 예상되며, 2024년에서 2031년까지의 예측 기간 동안 CAGR은 5.92%입니다. Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 가격 분석, 브랜드 점유율 분석, 소비자 설문 조사, 인구 통계 분석, 공급망 분석, 가치 사슬 분석, 원자재/소모품 개요, 공급업체 선택 기준, PESTLE 분석, Porter 분석 및 규제 프레임워크가 포함됩니다.

구연산 시장 동향

“천연 식품 보존제에 대한 수요 증가”

구연산 시장의 성장을 주도하는 한 가지 특정 추세는 합성 대체품보다 천연 식품 방부제에 대한 소비자 선호도가 높아지고 있다는 것입니다. 건강을 의식하는 소비자가 성분에 대한 더 깨끗한 라벨과 투명성을 추구함에 따라 식품 제조업체는 제품의 유통기한을 연장하기 위해 천연 원료에서 추출한 구연산을 통합하고 있습니다. 예를 들어, 2023년 3월, 펜실베이니아에 있는 생명공학 회사인 Noble Biomaterials, Inc.는 Ionic + Botanical이라는 혁신적인 생물 기반 구연산 공식을 공개했습니다. 이 고급 공식은 미생물 성장을 억제하여 직물 냄새를 효과적으로 줄여 섬유 기술에서 중요한 돌파구를 마련했습니다. 이 새로운 공식을 통합한 제품은 2024년까지 시장에 출시될 것으로 예상되며, 이는 회사의 지속 가능성과 기능성 섬유에 대한 헌신을 강조합니다.

보고서 범위 및 구연산 시장 세분화   

Citric Acid Market Definition

Citric acid is a weak organic acid found naturally in citrus fruits such as lemons and oranges. It is a colorless, crystalline substance with a sour taste, widely used as a preservative and flavoring agent in food and beverages. Citric acid plays a crucial role in the food industry, enhancing flavors and preventing spoilage by lowering pH. In addition, it is utilized in cleaning products due to its chelating properties, which help remove limescale and rust. In the pharmaceutical sector, citric acid is used as an acidifier and stabilizing agent in various formulations, highlighting its versatility across multiple industries.

Citric Acid Market Dynamics

Drivers

• Food and Beverage Industry Growth

The citric acid market is significantly driven by the food and beverage industry, where it serves as a natural preservative and flavor enhancer. As consumer preferences shift towards processed foods and carbonated beverages, the demand for citric acid rises. For instance, in November 2022, Gadot Biochemical Industries launched Cal2Mg, a new calcium-magnesium citrate combination designed to cater to rising consumer demands for nutritious food ingredients. Utilizing a binder-based granulation method, Cal2Mg offers an enhanced texture that improves both handling and cooking processes. This introduction aligns with the industry's trend towards high-quality, functional food components, ensuring consumers have access to better nutritional options.

• Rising Cosmetic and Personal Care Products

The citric acid market is significantly driven by the increasing demand for cosmetic and personal care products. Known for its natural exfoliating properties, citric acid is commonly used in skincare formulations, including cleansers, toners, and anti-aging creams. Brands such as Neutrogena and Clinique incorporate citric acid for its ability to enhance skin texture and promote cell turnover. Furthermore, the rise of clean beauty trends encourages the use of natural ingredients, boosting citric acid's appeal. With the global cosmetics market projected to reach USD 430 billion by 2028, the demand for citric acid in formulations continues to expand, fueling market growth and innovation.

Opportunities

• Increased Demand for Cleaning Products

The rising demand for eco-friendly cleaning products presents significant opportunities for the citric acid market. As consumers increasingly prioritize sustainable living, manufacturers are seeking natural alternatives to harsh chemicals. Citric acid, known for its powerful cleaning properties, is being integrated into various household and industrial cleaners. For instance, in June 2022, Jungbunzlauer, a prominent player in citric acid manufacturing, introduced monomagnesium citrate. This new product, a 1:1 monobasic magnesium salt, is specifically formulated for use in functional foods, beverages, and dietary supplements. With its unique sour taste and high solubility, monomagnesium citrate is especially suited for mineral-fortified beverage powders, meeting growing consumer demands for tasty, health-oriented, and functional food components.

• Rising Green Chemistry Trends

The citric acid market is benefiting from the increasing emphasis on green chemistry, which advocates for sustainable and eco-friendly alternatives to synthetic chemicals. Citric acid, being biodegradable and derived from natural sources, serves as a viable substitute in numerous applications. For instance, in January 2022, Gadot Biochemical Industries launched Cal2Mag, a mineral blend combining calcium citrate and magnesium citrate. This formulation is based on scientifically validated ratios that provide long-term support for bone health. By focusing on this product, Gadot aims to meet the growing demand for effective nutritional supplements. Cal2Mag's introduction reflects the company's commitment to delivering high-quality, beneficial products to health-conscious consumers.

Restraints/Challenges

• Raw Material Price Volatility

Raw material price volatility significantly hinders the citric acid market. The primary ingredients for citric acid production, including sugar and corn, are subject to fluctuating prices driven by factors such as unpredictable weather conditions, changing agricultural policies, and global supply chain disruptions. These fluctuations can lead to increased production costs for manufacturers, impacting their profit margins and overall financial stability. As production becomes more expensive, manufacturers may face challenges in maintaining competitive pricing, which can deter investment in expansion and innovation. Consequently, the uncertainty surrounding raw material costs poses a considerable challenge to the citric acid market's growth and sustainability.   

• Availability of Substitutes

The availability of substitutes significantly hinders the citric acid market. Alternative acids such as malic and tartaric acid are commonly used in food and beverage applications, offering similar functionality, such as flavor enhancement and pH adjustment. This competition can limit the demand for citric acid, as manufacturers may opt for these substitutes due to cost-effectiveness or specific performance attributes. As consumers increasingly seek diverse products with varying flavor profiles, the shift towards these alternatives can further erode citric acid's market share. Consequently, the presence of these substitutes creates a challenging environment for citric acid producers, affecting their sales and profitability.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Citric Acid Market Scope

The market is segmented on the basis of category, form, product type, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

• Anhydrous
• Liquid

Application

• Food
  • Bakery
  • Confectionery
  • Dairy
  • Beverages
  • Others
• Pharmaceutical and Cosmetics
• Reagent
• Others

 Function

• Acidulant
• Antioxidant
• Preservative
• Sequestrant

 Grade

• Food
• Pharmaceutical
• Industrial Grade

Citric Acid Market Regional Analysis

The market is analysed and market size insights and trends are provided by country, category, form, product type, and end user as referenced above.

The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

North America is expected to dominate the citric acid market during the forecast period due to the increasing demand for citric acid across various industries. The region's continuous use of citric acid in food, beverages, pharmaceuticals, and cleaning products drives its sustained growth.

Asia-Pacific is expected to show significant growth in the citric acid market, driven by its increasing use in diverse food and cosmetic formulations. This trend reflects the region's expanding food processing sector and rising consumer demand for organic personal care products.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Citric Acid Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Citric Acid Market Leaders Operating in the Market Are:

• ADM (U.S.)
• Cargill, Incorporated (U.S.)
• Tate & Lyle (U.K.)
• Jungbunzlauer Suisse AG (Switzerland)
• Kenko Corporation (Japan)
• Pfizer, Inc. (U.S.)
• Huangshi Xinghua Biochemical Co. Ltd (China)
• Foodchem International Corporation (China)
• RZBC Group (China)
• Weifang Ensign Industry Co., Ltd. (China)
• Danisco A/S (Denmark)
• Gadot Biochemical Industries Ltd. (Israel)
• S.A. Citrique Belge N.V. (Belgium)
• BASF SE (Germany)
• Associated British Foods plc (U.K.)
• DSM (Netherlands)
• Chemelco International (Netherlands)

Latest Developments in Citric Acid Market

• In March 2023, Noble Biomaterials, Inc., a Pennsylvania-based biotechnology firm, unveiled its innovative bio-based citric acid formula called Ionic + Botanical. This advanced formulation effectively reduces fabric odors by inhibiting microbial growth, marking a significant breakthrough in textile technology. Products incorporating this novel formula are projected to hit the market by 2024, highlighting the company's commitment to sustainability and functional textiles
• In November 2022, Gadot Biochemical Industries launched Cal2Mg, a new calcium-magnesium citrate combination designed to cater to rising consumer demands for nutritious food ingredients. Utilizing a binder-based granulation method, Cal2Mg offers an enhanced texture that improves both handling and cooking processes. This introduction aligns with the industry's trend towards high-quality, functional food components, ensuring consumers have access to better nutritional options
• In June 2022, Jungbunzlauer, a prominent player in citric acid manufacturing, introduced monomagnesium citrate. This new product, a 1:1 monobasic magnesium salt, is specifically formulated for use in functional foods, beverages, and dietary supplements. With its unique sour taste and high solubility, monomagnesium citrate is especially suited for mineral-fortified beverage powders, meeting growing consumer demands for tasty, health-oriented, and functional food components
• 2022년 1월, Gadot Biochemical Industries는 칼슘 시트르산과 마그네슘 시트르산을 결합한 미네랄 블렌드인 Cal2Mag를 출시했습니다. 이 제형은 뼈 건강에 대한 장기적인 지원을 제공하는 과학적으로 검증된 비율을 기반으로 합니다. Gadot은 이 제품에 집중함으로써 효과적인 영양 보충제에 대한 증가하는 수요를 충족하고자 합니다. Cal2Mag의 출시는 건강을 의식하는 소비자에게 고품질의 유익한 제품을 제공하려는 회사의 의지를 반영합니다.
• Jungbunzlauer는 2021년 4월, 구연산 및 시트르산 기반 제품에 대한 글로벌 수요 증가에 대응하여 캐나다 포트 콜본에 있는 구연산 시설 확장을 발표했습니다. 이 전략적 확장은 제조 용량을 강화하고 Jungbunzlauer의 구연산 시장의 선도적 기업으로서의 입지를 공고히 하는 것을 목표로 합니다. 이 시설은 식품, 음료, 제약, 개인 관리 등 다양한 산업에 고품질 원료를 공급할 것입니다.
• 2021년 4월, Tate & Lyle은 구연산, 덱스트로스, 옥수수 감미료, 에탄올, 산업용 전분 생산을 포함하는 주요 제품 사업 부문의 지분 대부분을 매각하기로 결정했다고 발표했습니다. 이 전략적 움직임은 Tate & Lyle이 건강 식품 솔루션에 집중하는 것과 일치하면서도 핵심 제품 사업이 식품 및 음료 제품과 차별화되도록 보장합니다. 이러한 변화는 건강과 웰빙에 대한 회사의 헌신을 강조합니다.

SKU-26607