Europe Food Ingredients (Acidulants) Market, By Type (Citric Acid, Lactic Acid, Acetic Acid, Fumaric Acid, Tartaric Acid, Malic Acid, Gluconic Acid, Phosphoric Acid and Salts, Succinic Acid, Sodium Citrate, Potassium Citrate, Tannic Acid, Formic Acid, and Others), Form (Dry, and Liquid), Function (pH Control, Acidic Flavor Enhancer, Preservatives, and Others), Distribution Channel (B2B, and B2C), End-User (Food Processing Sector, Food Service Sector, and Household/Retail) - Industry Trends and Forecast to 2030.
Europe Food Ingredients (Acidulants) Market Analysis and Insights
The Europe food ingredients (acidulants) market is gaining significant growth due to the growing food and beverage industry and the rise in demand for flavored drinks and food. The increase in demand for acidulants in alcoholic beverages such as wine also boosts the growth of the Europe food ingredients (acidulants) market. However, stringent government regulations associated with acidulants and health risks associated with some acidulants, such as phosphoric acid, are expected to restrain the market's market growth during the forecast period.
Data Bridge Market Research analyses that the Europe food ingredients (acidulants) market was valued at USD 3,034.59 million in 2022 and is expected to reach the value of USD 4,673.85 million by 2030, at a CAGR of 5.5% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Europe Food Ingredients (Acidulants) Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Citric Acid, Lactic Acid, Acetic Acid, Fumaric Acid, Tartaric Acid, Malic Acid, Gluconic Acid, Phosphoric Acid and Salts, Succinic Acid, Sodium Citrate, Potassium Citrate, Tannic Acid, Formic Acid, and Others), Form (Dry, and Liquid), Function (pH Control, Acidic Flavor Enhancer, Preservatives, and Others), Distribution Channel (B2B, and B2C), End-User (Food Processing Sector, Food Service Sector, and Household/Retail)
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Countries Covered
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France, Germany, Italy, Spain, U.K., Netherlands, Russia, Poland, Denmark, Sweden, Belgium, Turkey, Switzerland and Rest of Europe
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Market Players Covered
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Bartek Ingredients Inc. (Canada), Corbion (Netherlands), Cargill, Incorporated (U.S.), ADM (U.S.), Tate & Lyle (U.K.), Jungbunzlauer Suisse AG (Switzerland), Foodchem International Corporation (China), Richest Group (China), INDUSTRIAL TECNICA PECUARIA, S.A. (Spain), Direct Food Ingredients Ltd (U.K.), Brenntag SE (Germany), Innova Corporate (India), Arihant Chemicals (India)
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Market Opportunities
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Market Definition
Acidulants are chemical compounds that give a tart, sour, or acidic flavor to foods or enhance the perceived sweetness of foods. Acidulants can also function as leavening agents and emulsifiers in some kinds of processed foods. Though acidulants can lower pH, they differ from acidity regulators, which are food additives specifically intended to modify food stability or enzymes within it. Typical acidulants are acetic acid (for instance, in pickles) and citric acid. Many beverages, such as colas, contain phosphoric acid. Sour candies often are formulated with malic acid. Other acidulants used in food production include fumaric acid, tartaric acid, lactic acid, and gluconic acid.
Europe Food Ingredients (Acidulants) Market Dynamics
Drivers
- Growing Demand for Convenience Food Products is Likely to Favor Food Acidulants Industry Growth
Convenience and ready-to-go foods save time and energy, and thus, there is an increase in the demand for convenience food. This includes frozen foods, canned foods, ready-to-eat snacks, meals, chilled foods, soups and sauces, seasonings and dressings, noodles and pasta, and more. Consumers look for ease of use, high nutritional value, functionality, and quick delivery of convenience foods. Food processing and convenience food manufacturers are developing innovative and creative ideas to meet this demand. Furthermore, acidulants are the key ingredient used in convenience food manufacturing to add a refreshing flavor, improved texture and tartness, and enhance the product's taste.
Thus, the growing demand for convenience food processing is projected to drive the demand for acidulants over the years to come
- Rise in Demand for Acidulants such as Malic Acid, Lactic Acid, and Sodium Lactate in the Confectionery Industry
Acidulants that are used in confectionery, such as malic acid, lactic acid, and sodium lactate, have a unique taste and flavor effects. It also boosts the impact of some aromatic flavor notes due to its volatility. In addition, nowadays, the combinations of acidulants are commonly used in confectionery. Furthermore, malic acid and fumaric acid provide more persistent sourness than other food acids at the same concentration, enhance fruit flavors, and boost the impact of high-intensity sweeteners.
Hence, the increased demand for confectionery products increases the demand for acidulants such as malic acid, lactic acid, fumaric acid, sodium lactate, and others by food manufacturers to fulfill the demands.
Opportunity
- Biological Production of Citric Acid and Acetic Acid
Consumers are shifting towards sustainable products and are opting for products manufactured with the help of sustainable ingredients. Hence, the demand for sustainable and cost-effective and biological food ingredients (acidulants) such as citric acid and acetic acid is increasing among the manufacturers. However, bio-succinic acid production is quite difficult through a sustainable product is microbial fermentation, although it is cost-effective.
Thus, due to the availability of a wide range of bacteria, fungi, and yeasts, biological production of acidulants can be increased, and sustainable bio-acidulants products can be offered to the global food and beverages industry, as it holds huge opportunity for food and beverages products that include biologically sustainable ingredients.
Restraint/Challenge
- High Prices of Acidulants
Fluctuating prices of raw materials such as plant-based sources and higher prices for better quality acidulants have increased acidulants' prices. In addition, higher food taxes and growing demand for acidulants result in high prices.
Acidulants such as gluconic acid, tannic acid, and tartaric acid have slightly higher prices as these acidulants have fewer applications in food-grade products. Hence the demand is less, and the production of these acidulants for food-grade applications is minimum which results in higher prices. High prices of acidulants may change purchase patterns for food processing manufacturers over other acidulants.
Recent Developments
- In January 2019, Bartek Ingredients Inc. was acquired by private equity firm TorQuest Partners. This acquisition will increase the customer base of the company
- In June 2021, Corbion acquired Granotec Mexico S.A. de C.V., a key player in functional blends for the Mexican bakery and fortification industries. This development will increase the goodwill of the company
Europe Food Ingredients (Acidulants) Market Scope
The Europe food ingredients (acidulants) market is segmented into five segments based on type, form, function, end-user, and distribution channel. The growth amongst these segments will help you analyze major industry growth segments and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Citric Acid
- Sodium Citrate
- Potassium Citrate
- Acetic Acid
- Formic Acid
- Gluconic Acid
- Fumaric Acid
- Malic Acid
- Phosphoric Acid And Salts
- Tartaric Acid
- Lactic Acid
- Tannic Acid
- Succinic Acid
- Others
Form
- Dry
- Liquid
Function
- pH Control
- Acidic Flavor Enhancer
- Preservatives
- Others
Distribution Channel
- B2B
- B2C
End-User
- Household/Retail
- Food Processing Sector
- Food Service Sector
Europe Food Ingredients (Acidulants) Market Regional Analysis/Insights
The Europe food ingredient (acidulants) market is analyzed, and market size insights and trends are provided based on type, form, function, end-user, and distribution channel as referenced above.
Some of the countries covered in the Europe food ingredients (acidulants) market report are France, Germany, Italy, Spain, U.K., Netherlands, Russia, Poland, Denmark, Sweden, Belgium, Turkey, Switzerland and Rest of Europe
France is expected to dominate the Europe food ingredients (acidulants) market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the growing demand for acidulants to produce various types of food and beverages.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of European brands and their challenges faced due to high competition from local and domestic brands and the impact of sales channels are considered while providing a forecast analysis of the country data.
Competitive Landscape and Europe Food Ingredients (Acidulants) Market Share Analysis
The Europe food ingredients (acidulants) market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company's focus on the Europe food ingredients (acidulants) market.
Some of the major players operating in the Europe Food Ingredients (Acidulants) Market are:
- Bartek Ingredients Inc. (Canada)
- Corbion (Netherlands)
- Cargill, Incorporated (U.S.)
- ADM (U.S.)
- Tate & Lyle (U.K.)
- Jungbunzlauer Suisse AG (Switzerland)
- Foodchem International Corporation (China)
- Richest Group (China)
- INDUSTRIAL TECNICA PECUARIA, S.A. (Spain)
- Direct Food Ingredients Ltd (U.K.)
- Brenntag SE (Germany)
- Innova Corporate (India)
- Arihant Chemicals (India)
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