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The global citric acid market size stood at a volume of around 2.70 Million Tons in 2023. The market is assessed to grow at a CAGR of 4.10% in the forecast period of 2024-2032 to reach nearly 3.88 Million Tons by 2032.
Base Year
Historical Year
Forecast Year
Value in Million Tons
2024-2032
Citric Acid Market Outlook
*this image is indicative*
Citric acid is a weak organic acid that is naturally found in citrus fruits like lemons, limes, oranges, and grapefruits. Its chemical formula is C6H8O7. It is well-known for its sour taste and is commonly used as a flavour enhancer and preservative in food and beverages. Beyond its culinary uses, citric acid is also used in cleaning agents, cosmetics, and pharmaceuticals, often for its ability to adjust acidity or stabilise other ingredients.
The market is currently being driven by the growing application of citric acid in several food and non-food industries such as beverages, confectioneries, convenience foods, dairy, pharmaceuticals, personal care and cosmetics, detergents and cleansers, and feed, among others. The growing consumer demand for RTD (ready-to-drink) beverages and processed foods is significantly aiding the citric acid market growth.
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Citric acid's cross-sector applications; technological innovations; rapid urbanisation; and the use of citric acid in eco-friendly cleaning solutions are positively impacting the citric acid market expansion
Citric acid is widely used in food and beverage for preservation and flavour enhancement and is increasingly used in pharmaceuticals and personal care for its antioxidant and pH-adjusting properties.
Technological advancements, including green chemistry and tailored solutions, are poised to drive growth in the citric acid market in the forecast period.
The citric acid market expansion is being aided by the increasing demand for the product in developing countries. This trend is attributed to several factors, including the growing middle class, rising disposable incomes, and shifting consumer preferences towards convenience foods and beverages.
The trend towards eco-friendly cleaning products has made citric acid a preferred alternative to harsh chemicals due to its biodegradability and effectiveness in removing deposits.
The primary driver for the citric acid market growth is the booming global food and beverage industry. Citric acid's ability to naturally preserve food and enhance flavour continuity is indispensable, particularly in the manufacturing of soft drinks, fruit juices, and candies. Its demand is further reinforced by the rising consumer preference for food products with extended shelf lives and improved taste profiles.
In the pharmaceutical industry, citric acid is utilised for its properties as an acidulant, helping to stabilise active ingredients and adjust pH levels in medicines, making it essential for ensuring the effectiveness and stability of formulations. The growing pharmaceutical sector worldwide, supported by an ageing population and increasing healthcare spending, is driving the citric acid market expansion.
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“Global Citric Acid Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Form
Market Breakup by Application
Market Breakup by Region
Increasing application of anhydrous citric acid owing to its advantageous and stable properties is aiding the market
Anhydrous citric acid, a dry, powdered form of citric acid that is favoured for its stability and ease of storage and handling, is commonly used across multiple industries. This form is especially popular in food and beverage, pharmaceuticals, and cleaning products due to its concentrated properties. It is highly effective as a preservative, acidulant, and flavour enhancer, particularly in solid and dry formulations.
The food and beverage sector dominates the citric acid market share
The food and beverages sector represents the primary application for citric acid within the market. This compound is extensively utilised as a flavour enhancer, preservative, and acidulant across a diverse range of food products, such as soft drinks, candies, and baked goods. Its natural preservation qualities and ability to deliver a pleasing acidic flavour are essential, making it a vital ingredient in this industry.
Major citric acid market players are increasingly adopting the latest technologies to enhance production capabilities
Archer Daniels Midland Company (ADM) is a multinational food processing and commodities trading corporation. Founded in 1902, ADM is headquartered in Chicago, Illinois, USA. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in the food, beverage, nutraceutical, industrial, and animal feed markets globally.
Cargill is one of the largest privately-held corporations in the United States in terms of revenue. It was fou...
Tate & Lyle PLC is a British-based global provider of ingredients and solutions to the food, beverage, and oth...
Jungbunzlauer Suisse AG is a leading producer of biodegradable ingredients of natural origin. The company was ...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global citric acid market are COFCO, among others.
Many companies in the citric acid market are increasing their production capacities to meet the rising demand for citric acid in various industries such as food and beverages, pharmaceuticals, and personal care. By upgrading existing plants or building new facilities, these companies can ensure a steady supply of citric acid to their global clientele.
Moreover, players in the market are adopting advanced fermentation technologies that enhance yield and reduce waste. Additionally, some are exploring the use of genetically modified organisms (GMOs) to increase fermentation efficiency, although this approach is subject to regulatory approvals and public acceptance.
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The Asia Pacific holds a major portion of the global citric acid market share. This dominance can be attributed to several factors. Countries in the region, especially China and India, have experienced significant industrial growth, which includes the food and beverage industry, pharmaceuticals, and cosmetics—all major users of citric acid.
Moreover, the growing middle class in these regions has led to increased demand for processed and convenience foods, where citric acid is often used as a preservative and flavouring agent.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate volume of 2.70 Million Tons.
The market is estimated to grow at a CAGR of 4.10% between 2024 and 2032.
The market is estimated to witness healthy growth during 2024-2032 to reach around 3.88 Million Tons by 2032.
The major drivers of the market include growing demand for citric acid from the food and beverage sector, improving living standards, and growing consumer demand for cosmetics.
The increasing demand for low-calorie RTD beverages and rapid urbanisation are key trends guiding the growth of the market.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Anhydrous and liquid are the major forms of citric acid in the market.
The different applications of citric acid are food and beverages, household detergents and cleaners, and pharmaceuticals, among others.
The major players in the market are Archer Daniels Midland Company, Cargill, Incorporated, Tate & Lyle, Jungbunzlauer Suisse AG, and COFCO, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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Breakup by Application |
|
Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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