Citric acid is a naturally occurring weak organic acid extracted from such citrus fruits as lemons, limes, and oranges. It is commonly known for its tart, tangy flavor and is used as a natural preservative and flavoring agent in foods and drinks. Besides its application in cuisine, citric acid is crucial in biochemistry, being part of the Krebs cycle, or the citric acid cycle, which is important for cellular respiration in living organisms. On an industrial scale, it is produced in bulk quantities from microbial fermentation, largely with the use of the mold Aspergillus niger. In household products, citric acid works as an excellent cleaning agent by chelating metals, making it applicable for descaling and cleaning. Moreover, citric acid is used in pharmaceuticals to stabilize active ingredients and in cosmetics due to its antioxidant properties. Its wide applications in different sectors make it important in everyday products and industrial processes.
The global citric acid market size reached 2.9 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 3.7 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2.6% during 2024-2032.
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A key ingredient in the thriving food and beverage (F&B), pharmaceutical, and cleaning sectors, the citric acid market is driven by the active participation of major companies like Cargill, Tate & Lyle, Jungbunzlauer, COFCO Biochemical, and Archer Daniels Midland (ADM). These businesses are mainly concerned with creating new applications and increasing manufacturing efficiency. For example, ADM and Cargill are extensively employing biotechnology technologies to improve fermentation processes, boosting yield and lowering production costs. Moreover, leading market players are launching citric acid products designed for certain industrial uses, such as medicines, food preservation, and eco-friendly cleaning solutions. These customized products are made to satisfy both customer preferences for natural and safe components and strict regulatory requirements.
Furthermore, major players in the industry are also expanding their geographic reach and manufacturing capacity. For instance, to meet the rising demand in new countries, Cargill is expanding its manufacturing facilities throughout Asia Pacific. Similarly, ADM has been improving market penetration through its extensive global distribution network. Concurrently, to develop and enhance their manufacturing processes, these organizations are also working with technology suppliers and research institutes. Aside from this, the key businesses in the industry are increasingly prioritizing sustainability. They are implementing eco-friendly production techniques in order to lower their carbon emissions and advance the ideas of the circular economy. In addition to lessening the impact on the environment, these initiatives also seek to satisfy the rising demand from consumers for ingredients that are produced responsibly.
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List of Top Citric Acid Manufacturers Worldwide:
- Archer Daniels Midland Company
- Cargill, Incorporated
- Tate & Lyle PLC
- Jungbunzlauer Suisse AG
- Cofco Biochemical (Anhui) Co., Ltd.
- Huangshi Xinghua Biochemical Co. Ltd.
- RZBC Group Co. Ltd.
- Weifang Ensign Industry Co., Ltd.
- Gadot Biochemical Industries Ltd.
- S.A. Citrique Belge N.V.
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