The European food acidulants market is projected to grow at a CAGR of 6.9% during the forecast period (2020-2026). The major factor that drives the growth of the market includes the growth in the food & beverages industry in the region. Properties possessed by these acidulants such as increased shelf life, enhanced taste, and food preservative are also likely to drive the growth of the market over the forecast period. Further, there has also been increased adoption of cheese and other dairy-based products, and packaged products, thereby, the adoption of which also contributes to the market.
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The European food acidulants market is segmented on the basis of type and application. Based on the type, the market is segmented into acetic acid, citric acid, lactic acid, malic acid, phosphoric acid, and others. The lactic acid segment is likely to hold a substantial share in the market. Based on the applications, the market is segmented into dairy & frozen products, bakery & confectionery, beverages, meat products, and others. The beverages segment is likely to hold a substantial share in the market.
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The market study of the European food acidulants market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Europe Food Acidulants Market – Segmentation
by Type
Acetic Acid
Citric Acid
Lactic Acid
Malic Acid
Phosphoric Acid
Others
by Applications
Dairy & Frozen products
Bakery&Confectionery
Beverages
Meat Products
Others
Europe Food Acidulants Market – Segmentation by Region
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Company Profiles
Archer Daniels Midland Co.
Brenntag GmbH
Cargill Inc.
Corbion NV
Foodchem Group
Global Specialty Ingredients
Industrial TecnicaPecuaria SA
Jungbunzlauer Ladenburg GmbH
Rigest Trading Ltd.
Tate & Lyle Plc
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