Organic Acids Market (2017-2022)

Following a comprehensive research on organic acids and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, trends, and opportunities, listed in the market dynamics segment. The growing use of organic acids in wide range of application, increasing focus on producing organic acid from bio based sources, increasing use of dietary microencapsulated organic acids, and growing demand in developing economies are the key market drivers covered in the report which will support the industry growth in the forecast period. In addition, production of organic acids from renewable sources further provides significant opportunities for the various stakeholders in this market. However, factors such as fluctuating raw material prices & availability and high price of organic acids are expected to hinder the growth of this market to some extent.

The report further gives an extensive outlook of various types and industries served by the organic acids. The global organic acids market is mainly segmented by type (acetic acid, citric acid, propionic acid, formic acid, lactic acid, ascorbic acid, fumaric acid, malic acid, others), by application (industrial & chemicals, food & beverages, animal feed & nutrition, pharmaceuticals, cosmetics & personal care, and agriculture). These segments further briefly talk about the trends impacting the growth of these markets and the benefits involved with the use of different types of organic acids in various applications.

An exhaustive analysis of the geographical scenario of the industry for the five major geographies: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa is included in the geographical analysis section. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies Asia Pacific to be the largest market, followed by North America, and Europe. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2014-2017). The study has also incorporated the market share analysis of leading players and detailed profiles of 14 top market players across the value chain of the industry, including detailed financial performance, product offerings, and strategic growth initiatives of each player.

The key players operating in the global organic acids market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), E. I. du Pont de Nemours and Company (U.S.), Tate & Lyle PLC (U.K.), Myriant Corporation (U.S.), Eastman Chemical Company (U.S.), Henan Jindan Lactic Acid Technology Co., Ltd (China), Polynt- Reichhold (Italy), BASF SE (Germany), The Dow Chemical Company (U.S.), Celanese Corporation (U.S.), Koninklijke DSM N.V. (The Netherlands), Corbion (The Netherlands), and BioAmber Inc. (Canada)