Organic Acids Market Worth USD 20,232.6 Million By 2022

-


The Global 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, according to this latest publication from Meticulous Research®. The organic acids market is mainly driven by the growing use of organic acids in the wide range of applications, increasing focus on producing bio-based organic acids, growing use of dietary microencapsulated organic acids, and increasing demand from developing economies. Further, increasing production of organic acid from renewable sources provides significant opportunities in this market. However, fluctuating raw material prices & availability, and the high price of organic acids are expected to hinder the growth of organic acids market to some extent.



Browse in-depth Report on //www.meticulousresearch.com/product/organic-acids-market-2022/

 Market Segmentation
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 and others), by application (industrial and chemicals, food & beverages, animal feed & nutrition, pharmaceuticals, cosmetics and personal care, and agriculture).

Request-Sample-Report: https://www.meticulousresearch.com/request-sample-report/?cp_id=3055

Acetic acid dominates the global organic acids market and is expected to continue its dominance in the next five years. Acetic acid is widely used in various applications such as the production of synthetic fibers and polymeric materials. Also, owing to their properties such as pH controller, antioxidant, and preservative; the demand for organic acids has been increasing significantly in the food and beverage and animal products.

Geographically, the global organic acids market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. Asia Pacific region accounted for the major share in the global organic acids market in 2016, followed by North America, and Europe. The region is also projected to grow at the fastest CAGR during the forecast period. The major share and fast growth of this region are mainly attributed to its growing economy, rapid industrialization, rural migration & urbanization, growing food and beverages, pharmaceutical, and animal feed industries; and increasing investments by the key players in the region.

Speak-To-Analyst : https://www.meticulousresearch.com/speak-to-analyst/?cp_id=3055

About Meticulous Research®
MeticulousResearch® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Contact Us:
Viren Shrivastava
AVP- Global Sales and Marketing
Meticulous Research®
Tel: +1-646-781-8004
Email: viren@meticulousresearch.com




Comments

Post a Comment

Popular posts from this blog

Organic fertilizers market : Top-10 Companies

-
Image
Organic agriculture performs multiple functions and it is an important tool for achieving „Green Productivity in agriculture and mitigates the negative impacts of conventional input-intensive agriculture by excluding the use of agrochemical inputs from the production system; minimizing environmental pollution; promoting reuse and recycling of organic farm waste and crop residues; improving biodiversity; and enhancing soil productivity. Organic agriculture and agribusiness also contribute to improve rural livelihoods and sustainable development through generating rural employment opportunities and increasing farm incomes. Organic agriculture is not for more affluent countries alone, but can be applied successfully in other situations. In less developed countries especially, it can contribute to foreign exchange earnings, green productivity, and sustainable socioeconomic development. The organic agriculture demands only organic inputs such as organic fertilizers for the production, wh
Read more

Recreational Boats Market By Type (Inboard And Sterndrive Boats, Outboard, Sailboats), Material (Fiberglass, Wood, Inflatable), Application (Fishing, Travel & Tourism, Defense) – Global Opportunity Analysis And Industry Forecast (2017-2023)

-
Image
The Global Recreational Boats Market is expected to grow at a CAGR of 8.7% from 2018 to 2023 to reach USD 66.5 billion by 2023. The growth of this market is primarily driven by the booming tourism industry and increasing disposable income. Tourism is one of the world’s largest industries. According to the United Nations World Tourism Organization (UNWTO), the tourism accounts for 10% of global GDP, 7% of total exports, and one in 11 jobs across the world. In 2015, international tourist arrivals reached nearly 1.2 billion. By 2030, 1.8 billion travelers are expected to cross international borders. Furthermore, according to the World Bank, global economic growth is to edge up to 3.1% in 2018, much stronger-than-expected in 2017. The growing global economy and the growth of rising economies such as China, India, and Brazil result in an increase in disposable income of consumers. Also, per capita disposable income exhibits low volatility in developed countries because of
Read more

Spirulina: The Greatest Super Food On Earth?

-
Image
Spirulina has been used as food for centuries by different populations and rediscovered in recent years. Its impressive protein content and rapid growth in the entirely mineral environment have attracted the attention of both researchers and industrialists alike. As a part of more detailed analysis, a number of features of particular interest from the nutritional standpoint have been demonstrated: a balanced protein composition, the presence of rare essential lipids, and numerous minerals. In 1967, spirulina was established as a “ wonderful future food source ” in the International Association of Applied Microbiology (Sasson, 1997). Further analysis of the nutritional properties of spirulina showed an exceptionally high protein content of around 60–70% of its dry weight. The UNO in the year 1974, during its World Food Conference declared Spirulina “the best food for tomorrow”. The WHO (World Health Organization) has called Spirulina as “the greatest super food on earth” an
Read more