Global Citric Acid Anhydrous Market Overview
As per MRFR analysis, the Citric Acid Anhydrous Market Size was estimated at 0.49 (USD Billion) in 2022. The Citric Acid Anhydrous Market Industry is expected to grow from 0.51(USD Billion) in 2023 to 0.789 (USD Billion) by 2032. The Citric Acid Anhydrous Market CAGR (growth rate) is expected to be around 4.97% during the forecast period (2024 - 2032).
Key Citric Acid Anhydrous Market Trends Highlighted
The main market drivers for the Citric Acid Anhydrous market include its high penetration levels in the food and beverages industry, where it is used as a flavor and acidity regulator and its prevailing use in the pharmaceutical and cosmetic sectors. In addition, the rising utilization of citric acid in synthetic biology, particularly in the production of citrate, fuels the growth of the market.
At the same time, market expansion prospects include new uses of citric acid anhydrous being sought within metalworking and any cleaning applications where its chelating capabilities may be of use. Besides, innovative green manufacturing processes can create new markets.
On the other hand, there are still fresh happenings noted in the Citric Acid Anhydrous market, such as the changing trends towards using natural and organic ingredients in food and beverages, which in turn is fuelling the demand for citric acid produced from such natural sources. However, the changing trend towards fast-moving and packaged food will also be a positive driver of growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citric Acid Anhydrous Market Drivers
Rising Demand for Citric Acid in the Food and Beverage Industry
Citric acid anhydrous is widely used in the food and beverage industry as an acidulant, flavoring agent, and preservative. The increasing demand for processed foods and beverages, along with the growing popularity of natural and organic ingredients, is driving the growth of the Citric Acid Anhydrous Market. Citric acid anhydrous is used in a variety of food and beverage products, including soft drinks, juices, candies, baked goods, and dairy products.The rising consumption of these products, particularly in emerging markets, is expected to continue to drive the demand for citric acid anhydrous in the coming years. The food and beverage industry is the largest consumer of citric acid anhydrous, accounting for over 50% of the global market. The increasing demand for processed foods and beverages is attributed to changing lifestyles, rising disposable incomes, and the growing popularity of convenience foods.Additionally, the growing awareness of the health benefits of citric acid, such as its antioxidant properties and ability to enhance the absorption of other nutrients, is further boosting the demand for citric acid anhydrous in the food and beverage industry. The Citric Acid Anhydrous Market is expected to grow at a CAGR of 4.97% from 2024 to 2032, owing to the increasing demand from the food and beverage industry. Emerging markets, such as Asia-Pacific and Latin America, are expected to witness significant growth in the consumption of citric acid anhydrous, driven by the rising demand for processed foods and beverages in these regions.
Growth of Pharmaceutical and Nutraceutical Industries
Aside from the food and beverage industry, citric acid anhydrous is also used in the pharmaceutical and nutraceutical industries as an excipient and active ingredient. In the coming years, the rising demand for pharmaceuticals and nutraceuticals is expected to fuel the growth of the Citric Acid Anhydrous Market. Citric acid anhydrous is used as an excipient in various pharmaceutical formulations, such as tablets, capsules, and injectable solutions.It is also used as a buffering agent, chelating agent, and antioxidant. In recent years, the prevalence of chronic diseases, such as cancer and cardiovascular diseases, has been rising. To manage these diseases, pharmaceutical interventions are necessary, which is expected to drive the demand for citric acid anhydrous. Moreover, in the nutraceutical industry, citric acid anhydrous is used as an active ingredient in various products, such as vitamin C tablets and capsules and energy drinks.The increasing awareness of the health benefits of citric acid, such as its immune-boosting and anti-fatigue effects, is expected to drive the demand for citric acid anhydrous in the nutraceutical industry.
Expansion of Bio-based Citric Acid Production
The Citric Acid Anhydrous Market is expected to grow rapidly in the foreseeable future due to the increasing demand for sustainable and environmentally friendly products. Bio-based citric acid anhydrous is produced from renewable natural resources, such as corn and sugarcane, instead of depending on the use of fossil fuels. The increasing application and use of bio-based citric acid by food and beverage companies, as well as pharmaceutical and nutraceutical companies, are projected to drive the growth of the overall global market in the future.Furthermore, it has been found that the production of bio-based citric acid anhydrous has less adverse impact on the environment when compared with the production of fossil fuel-based citric acid. The former results in fewer greenhouse gas emissions and requires less energy production. Thus, the growing concern for the use of environment-friendly bio-based products is expected to boost the growth of the bio-based citric acid anhydrous market in the future.
Citric Acid Anhydrous Market Segment Insights:
Citric Acid Anhydrous Market Grade Insights
The Citric Acid Anhydrous Market is segmented by Grade into Food Grade, Industrial Grade, and Pharmaceutical Grade. The Food Grade segment held the largest market share in 2023, accounting for over 55% of the global market revenue. The Industrial Grade segment is expected to grow at the highest CAGR of 5.5% during the forecast period 2024-2032. The Pharmaceutical Grade segment is expected to reach a market valuation of USD 0.15 billion by 2032. The Food Grade segment is driven by the increasing demand for citric acid anhydrous in the food and beverage industry.Citric acid anhydrous is used as an acidulant, flavoring agent, and preservative in a wide range of food and beverage products, including soft drinks, juices, candies, and baked goods. The growing popularity of clean label and natural ingredients is also driving the demand for citric acid anhydrous, as it is a natural and safe alternative to synthetic acidulants. The Industrial Grade segment is expected to witness significant growth due to the increasing demand for citric acid anhydrous in various industrial applications. Citric acid anhydrous is used as a cleaning agent, descaling agent, and metal finishing agent in various industries, including automotive, construction, and textile.The growing demand for citric acid anhydrous in the automotive industry is expected to drive the growth of this segment, as it is used as a cleaning agent and descaling agent in car washes and detailing products. The Pharmaceutical Grade segment is expected to grow at a steady pace due to the increasing demand for citric acid anhydrous in the pharmaceutical industry. Citric acid anhydrous is used as an excipient in a wide range of pharmaceutical products, including tablets, capsules, and injectables. The growing demand for pharmaceutical products is expected to drive the growth of this segment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citric Acid Anhydrous Market Application Insights
The Citric Acid Anhydrous Market is segmented into various applications, including Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, and Industrial and Chemical. Among these, the Food and Beverages segment held the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period. The growing demand for citric acid anhydrous in food and beverage products, such as soft drinks, juices, and confectionery items, is driving the growth of this segment. The Pharmaceuticals segment is another major application area, with citric acid anhydrous being used as an excipient in various drug formulations.The Cosmetics and Personal Care segment is also witnessing significant growth, driven by the increasing use of citric acid anhydrous in skincare and haircare products. The Industrial and Chemical segment, which includes applications in detergents, cleaning agents, and metalworking fluids, is expected to experience steady growth over the forecast period. Overall, the Citric Acid Anhydrous Market is expected to witness steady growth in the coming years, driven by the increasing demand from various end-use industries.
Citric Acid Anhydrous Market End User Insights
The Citric Acid Anhydrous Market is segmented into various end users, including food manufacturers, pharmaceutical companies, cosmetic and personal care companies, and industrial users. The food industry is the largest consumer of citric acid anhydrous, accounting for over 50% of the global market. Citric acid anhydrous is used as an acidulant, flavor enhancer, and preservative in a wide range of food and beverage products, including soft drinks, juices, candies, and baked goods. The pharmaceutical industry is another major end user of citric acid anhydrous, which is used as an excipient in tablet and capsule formulations.Citric acid anhydrous is also used in the manufacture of cosmetics and personal care products, such as soaps, shampoos, and lotions. Industrial users of citric acid anhydrous include the chemical, textile, and metalworking industries.
Citric Acid Anhydrous Market Distribution Channel Insights
The Citric Acid Anhydrous Market is segmented based on distribution channel into direct sales, distributors and wholesalers, and online marketplaces. Among these, the direct sales channel is expected to account for the largest revenue share of the Citric Acid Anhydrous Market in 2024. This is primarily due to the growing preference of manufacturers to sell their products directly to customers through their own websites or retail stores. This channel allows manufacturers to have better control over the distribution process and customer relationships and also enables them to offer customized products and services to meet specific customer requirements.The distributors and wholesalers segment is also expected to hold a significant share of the market in 2024, owing to their wide reach and established relationships with retailers and other distribution channels. Online marketplaces are gaining traction in the Citric Acid Anhydrous Market, as they provide convenience and a wide selection of products to consumers. However, the market share of online marketplaces is expected to remain relatively small compared to direct sales and distributors and wholesalers in 2024.
Citric Acid Anhydrous Market Regional Insights
The regional segmentation of the Citric Acid Anhydrous Market showcases a dynamic landscape with diverse market dynamics across different regions. North America holds a significant market share, driven by the presence of major food and beverage manufacturers and the growing demand for citric acid in various applications. Europe follows closely, with a substantial market share attributed to the region's well-established food industry and increasing consumer awareness of health and wellness. The Asia-Pacific region is projected to exhibit the highest growth rate during the forecast period, fueled by the rapidly expanding food and beverage industry, particularly in countries like China and India.South America and the Middle East and Africa (MEA) regions also present promising growth opportunities, with increasing demand for citric acid in food, pharmaceuticals, and industrial applications. The Citric Acid Anhydrous Market segmentation provides valuable insights into the regional distribution of market growth, enabling stakeholders to tailor their strategies and capitalize on emerging opportunities in specific regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Citric Acid Anhydrous Market Key Players And Competitive Insights:
Major players in the Citric Acid Anhydrous Market industry are constantly striving to improve their product offerings and gain a competitive edge. The leading Citric Acid Anhydrous Market players are investing heavily in research and development to innovate new and enhanced products that cater to the evolving needs of customers. These leading players are also focusing on strategic partnerships, acquisitions, and mergers to expand their market presence and strengthen their competitive position. The Citric Acid Anhydrous Market development is being driven by the growing demand from various end-use industries, coupled with the increasing consumer preference for natural and eco-friendly products.A leading player in the Citric Acid Anhydrous Market, Jungbunzlauer, is committed to providing high-quality products and services to its customers. The company has a strong global presence and operates manufacturing facilities in Europe, Asia, and North America. Jungbunzlauer is focused on sustainability and has implemented various initiatives to reduce its environmental footprint. The company's product portfolio includes a wide range of citric acid applications, including food and beverages, pharmaceuticals, and personal care products.Archer Daniels Midland (ADM), a global leader in the food and agricultural industries, is another key player in the Citric Acid Anhydrous Market. The company has a strong presence in the production and supply of citric acid anhydrous and other food ingredients. ADM is committed to innovation and has invested heavily in research and development to enhance its product offerings. The company has a global network of manufacturing facilities and distribution channels, which enables it to meet the diverse needs of customers worldwide.
Key Companies in the Citric Acid Anhydrous Market Include:
- Guilin Sanjiang Biochemical
- Fujian Yimin Biological
- ADM
- Xilin Biochemical
- Citrique Belge
- Jiangxi Huitong
- Cargill
- DBN Group
- Weifang Ensign Industry
- Shandong Jinhui Chemical Industry
- Hubei Yuancheng Biochemical
- Jiangxi Xinye Biotechnology
- Jungbunzlauer
- Jiangsu Hanhong Chemical
- Jiangsu Hanjiang
Citric Acid Anhydrous Market Industry Developments
The Citric Acid Anhydrous Market is projected to reach USD 0.789 billion by 2032, exhibiting a CAGR of 4.97% during the forecast period (2024-2032), according to a report by Market.us. The market growth is attributed to the increasing demand for citric acid anhydrous in various industries, including food and beverage, pharmaceuticals, and personal care. Citric acid anhydrous is a versatile ingredient used as an acidulant, flavoring agent, and preservative in food and beverage products. It is also used in the production of pharmaceuticals, such as effervescent tablets and antacids, and in personal care products, such as cosmetics and toiletries. The growing demand for citric acid anhydrous in these industries is expected to drive the market growth over the forecast period.Recent news developments in the Citric Acid Anhydrous Market include the expansion of production capacity by major manufacturers to meet the growing demand. For instance, in January 2023, Archer Daniels Midland Company announced plans to invest USD 100 million to expand its citric acid production capacity in Germany. Additionally, there is a growing focus on sustainable production methods, with manufacturers investing in eco-friendly technologies to reduce their environmental impact.
Citric Acid Anhydrous Market Segmentation Insights
- Citric Acid Anhydrous Market Grade Outlook
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Citric Acid Anhydrous Market Application Outlook
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Industrial and Chemical
- Citric Acid Anhydrous Market End User Outlook
- Food Manufacturers
- Pharmaceutical Companies
- Cosmetic and Personal Care Companies
- Industrial Users
- Citric Acid Anhydrous Market Distribution Channel Outlook
- Direct Sales
- Distributors and Wholesalers
- Online Marketplaces
- Citric Acid Anhydrous Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
0.49(USD Billion) |
| Market Size 2023 |
0.51(USD Billion) |
| Market Size 2032 |
0.789(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.97% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Guilin Sanjiang Biochemical, Fujian Yimin Biological, ADM, Xilin Biochemical, Citrique Belge, Jiangxi Huitong, Cargill, DBN Group, Weifang Ensign Industry, Shandong Jinhui Chemical Industry, Hubei Yuancheng Biochemical, Jiangxi Xinye Biotechnology, Jungbunzlauer, Jiangsu Hanhong Chemical, Jiangsu Hanjiang |
| Segments Covered |
Grade, Application, End User, Distribution Channel, Regional |
| Key Market Opportunities |
Growing demand for natural preservatives Rising consumption in the food and beverage industry Potential in pharmaceutical applications Expanding market in emerging economies Applications in manufacturing biobased materials |
| Key Market Dynamics |
Growing demand in food and beverages Increasing application in pharmaceutical and personal care Rising demand in emerging economies Technological advancements in production Expansion of ecommerce channels |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Citric Acid Anhydrous Market is projected to reach a valuation of 0.51 billion USD in 2023.
The Citric Acid Anhydrous Market is projected to grow at a CAGR of 4.97% from 2024 to 2032.
Citric Acid Anhydrous is primarily used in the food and beverage industry as an acidulant, flavoring agent, and preservative.
The Asia-Pacific region is expected to hold the largest market share for Citric Acid Anhydrous in 2023.
Some of the key competitors in the Citric Acid Anhydrous Market include Archer Daniels Midland Company, Cargill, Incorporated, and Jungbunzlauer Suisse AG.
The growing demand for processed foods and beverages, increasing consumer awareness of health and wellness, and rising disposable income are driving the growth of the Citric Acid Anhydrous Market.
The challenges faced by the Citric Acid Anhydrous Market include fluctuating raw material prices, intense competition, and stringent regulatory requirements.
The key trends shaping the Citric Acid Anhydrous Market include the growing popularity of clean label products, the increasing demand for natural and organic ingredients, and the rising adoption of sustainable practices.
The Citric Acid Anhydrous Market is projected to reach a valuation of 0.789 billion USD by 2032.
The potential growth opportunities for the Citric Acid Anhydrous Market include the expansion into emerging markets, the development of new applications, and the adoption of innovative technologies.
