The global Citric Acid market size was valued at USD 1895.2 million in 2023 and is forecast to a readjusted size of USD 2268.7 million by 2030 with a CAGR of 2.6% during review period.
Citric acid is a weak organic tricarboxylic acid having the chemical formula C6H8O7. It occurs naturally in citrus fruits. In biochemistry, it is an intermediate in the citric acid cycle, which occurs in the metabolism of all aerobic organisms. It is used widely as an acidifier, as a flavoring and chelating agent.
Global key players of citric acid include Weifang Ensign Industry, TTCA, RZBC Group, Jiangsu Guoxin Union Energy, Cofco Biochemical, etc. The top five players hold a share about 49%. China is the largest producer, has a share about 63%, followed by Europe and North America, with share 12% and 10%, respectively. The largest market is Europe, with a share about 30%, followed by North America and China, with share 22% and 17%, separately.
The report includes an overview of the development of the Citric Acid industry chain, the market status of Food and Drinks (Citric Acid Monohydrate, Citric Acid Anhydrous), Pharmaceuticals and Personal Care (Citric Acid Monohydrate, Citric Acid Anhydrous), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Citric Acid.
Regionally, the report analyzes the Citric Acid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Citric Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Citric Acid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Citric Acid industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Citric Acid Monohydrate, Citric Acid Anhydrous).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Citric Acid market.
Regional Analysis: The report involves examining the Citric Acid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Citric Acid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Citric Acid:
Company Analysis: Report covers individual Citric Acid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Citric Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food and Drinks, Pharmaceuticals and Personal Care).
Technology Analysis: Report covers specific technologies relevant to Citric Acid. It assesses the current state, advancements, and potential future developments in Citric Acid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Citric Acid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Citric Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Citric Acid Monohydrate
Citric Acid Anhydrous
Market segment by Application
Food and Drinks
Pharmaceuticals and Personal Care
Detergents and Cleaners
Other
Major players covered
Weifang Ensign Industry
TTCA
RZBC Group
Jiangsu Guoxin Union Energy
Cofco Biochemical
Citrique Belge
Jungbunzlauer Suisse
ADM
Cargill
Laiwu Taihe Biochemistry
Tate & Lyle
Natural Biological Group
Gadot Biochemical Industries
Huangshi Xinghua Biochemical
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Citric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Citric Acid, with price, sales, revenue and global market share of Citric Acid from 2019 to 2024.
Chapter 3, the Citric Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Citric Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Citric Acid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Citric Acid.
Chapter 14 and 15, to describe Citric Acid sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Citric Acid
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Citric Acid Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Citric Acid Monohydrate
1.3.3 Citric Acid Anhydrous
1.4 Market Analysis by Application
1.4.1 Overview: Global Citric Acid Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Food and Drinks
1.4.3 Pharmaceuticals and Personal Care
1.4.4 Detergents and Cleaners
1.4.5 Other
1.5 Global Citric Acid Market Size & Forecast
1.5.1 Global Citric Acid Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Citric Acid Sales Quantity (2019-2030)
1.5.3 Global Citric Acid Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Weifang Ensign Industry
2.1.1 Weifang Ensign Industry Details
2.1.2 Weifang Ensign Industry Major Business
2.1.3 Weifang Ensign Industry Citric Acid Product and Services
2.1.4 Weifang Ensign Industry Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Weifang Ensign Industry Recent Developments/Updates
2.2 TTCA
2.2.1 TTCA Details
2.2.2 TTCA Major Business
2.2.3 TTCA Citric Acid Product and Services
2.2.4 TTCA Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 TTCA Recent Developments/Updates
2.3 RZBC Group
2.3.1 RZBC Group Details
2.3.2 RZBC Group Major Business
2.3.3 RZBC Group Citric Acid Product and Services
2.3.4 RZBC Group Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 RZBC Group Recent Developments/Updates
2.4 Jiangsu Guoxin Union Energy
2.4.1 Jiangsu Guoxin Union Energy Details
2.4.2 Jiangsu Guoxin Union Energy Major Business
2.4.3 Jiangsu Guoxin Union Energy Citric Acid Product and Services
2.4.4 Jiangsu Guoxin Union Energy Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Jiangsu Guoxin Union Energy Recent Developments/Updates
2.5 Cofco Biochemical
2.5.1 Cofco Biochemical Details
2.5.2 Cofco Biochemical Major Business
2.5.3 Cofco Biochemical Citric Acid Product and Services
2.5.4 Cofco Biochemical Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Cofco Biochemical Recent Developments/Updates
2.6 Citrique Belge
2.6.1 Citrique Belge Details
2.6.2 Citrique Belge Major Business
2.6.3 Citrique Belge Citric Acid Product and Services
2.6.4 Citrique Belge Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Citrique Belge Recent Developments/Updates
2.7 Jungbunzlauer Suisse
2.7.1 Jungbunzlauer Suisse Details
2.7.2 Jungbunzlauer Suisse Major Business
2.7.3 Jungbunzlauer Suisse Citric Acid Product and Services
2.7.4 Jungbunzlauer Suisse Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Jungbunzlauer Suisse Recent Developments/Updates
2.8 ADM
2.8.1 ADM Details
2.8.2 ADM Major Business
2.8.3 ADM Citric Acid Product and Services
2.8.4 ADM Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 ADM Recent Developments/Updates
2.9 Cargill
2.9.1 Cargill Details
2.9.2 Cargill Major Business
2.9.3 Cargill Citric Acid Product and Services
2.9.4 Cargill Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Cargill Recent Developments/Updates
2.10 Laiwu Taihe Biochemistry
2.10.1 Laiwu Taihe Biochemistry Details
2.10.2 Laiwu Taihe Biochemistry Major Business
2.10.3 Laiwu Taihe Biochemistry Citric Acid Product and Services
2.10.4 Laiwu Taihe Biochemistry Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Laiwu Taihe Biochemistry Recent Developments/Updates
2.11 Tate & Lyle
2.11.1 Tate & Lyle Details
2.11.2 Tate & Lyle Major Business
2.11.3 Tate & Lyle Citric Acid Product and Services
2.11.4 Tate & Lyle Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Tate & Lyle Recent Developments/Updates
2.12 Natural Biological Group
2.12.1 Natural Biological Group Details
2.12.2 Natural Biological Group Major Business
2.12.3 Natural Biological Group Citric Acid Product and Services
2.12.4 Natural Biological Group Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Natural Biological Group Recent Developments/Updates
2.13 Gadot Biochemical Industries
2.13.1 Gadot Biochemical Industries Details
2.13.2 Gadot Biochemical Industries Major Business
2.13.3 Gadot Biochemical Industries Citric Acid Product and Services
2.13.4 Gadot Biochemical Industries Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Gadot Biochemical Industries Recent Developments/Updates
2.14 Huangshi Xinghua Biochemical
2.14.1 Huangshi Xinghua Biochemical Details
2.14.2 Huangshi Xinghua Biochemical Major Business
2.14.3 Huangshi Xinghua Biochemical Citric Acid Product and Services
2.14.4 Huangshi Xinghua Biochemical Citric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Huangshi Xinghua Biochemical Recent Developments/Updates
3 Competitive Environment: Citric Acid by Manufacturer
3.1 Global Citric Acid Sales Quantity by Manufacturer (2019-2024)
3.2 Global Citric Acid Revenue by Manufacturer (2019-2024)
3.3 Global Citric Acid Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Citric Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Citric Acid Manufacturer Market Share in 2023
3.4.2 Top 6 Citric Acid Manufacturer Market Share in 2023
3.5 Citric Acid Market: Overall Company Footprint Analysis
3.5.1 Citric Acid Market: Region Footprint
3.5.2 Citric Acid Market: Company Product Type Footprint
3.5.3 Citric Acid Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Citric Acid Market Size by Region
4.1.1 Global Citric Acid Sales Quantity by Region (2019-2030)
4.1.2 Global Citric Acid Consumption Value by Region (2019-2030)
4.1.3 Global Citric Acid Average Price by Region (2019-2030)
4.2 North America Citric Acid Consumption Value (2019-2030)
4.3 Europe Citric Acid Consumption Value (2019-2030)
4.4 Asia-Pacific Citric Acid Consumption Value (2019-2030)
4.5 South America Citric Acid Consumption Value (2019-2030)
4.6 Middle East and Africa Citric Acid Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Citric Acid Sales Quantity by Type (2019-2030)
5.2 Global Citric Acid Consumption Value by Type (2019-2030)
5.3 Global Citric Acid Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Citric Acid Sales Quantity by Application (2019-2030)
6.2 Global Citric Acid Consumption Value by Application (2019-2030)
6.3 Global Citric Acid Average Price by Application (2019-2030)
7 North America
7.1 North America Citric Acid Sales Quantity by Type (2019-2030)
7.2 North America Citric Acid Sales Quantity by Application (2019-2030)
7.3 North America Citric Acid Market Size by Country
7.3.1 North America Citric Acid Sales Quantity by Country (2019-2030)
7.3.2 North America Citric Acid Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Citric Acid Sales Quantity by Type (2019-2030)
8.2 Europe Citric Acid Sales Quantity by Application (2019-2030)
8.3 Europe Citric Acid Market Size by Country
8.3.1 Europe Citric Acid Sales Quantity by Country (2019-2030)
8.3.2 Europe Citric Acid Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Citric Acid Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Citric Acid Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Citric Acid Market Size by Region
9.3.1 Asia-Pacific Citric Acid Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Citric Acid Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Citric Acid Sales Quantity by Type (2019-2030)
10.2 South America Citric Acid Sales Quantity by Application (2019-2030)
10.3 South America Citric Acid Market Size by Country
10.3.1 South America Citric Acid Sales Quantity by Country (2019-2030)
10.3.2 South America Citric Acid Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Citric Acid Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Citric Acid Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Citric Acid Market Size by Country
11.3.1 Middle East & Africa Citric Acid Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Citric Acid Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Citric Acid Market Drivers
12.2 Citric Acid Market Restraints
12.3 Citric Acid Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Citric Acid and Key Manufacturers
13.2 Manufacturing Costs Percentage of Citric Acid
13.3 Citric Acid Production Process
13.4 Citric Acid Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Citric Acid Typical Distributors
14.3 Citric Acid Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Weifang Ensign Industry
TTCA
RZBC Group
Jiangsu Guoxin Union Energy
Cofco Biochemical
Citrique Belge
Jungbunzlauer Suisse
ADM
Cargill
Laiwu Taihe Biochemistry
Tate & Lyle
Natural Biological Group
Gadot Biochemical Industries
Huangshi Xinghua Biochemical
*If Applicable.