Beverage Acidulants Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2033
The beverage acidulants market refers to the industry that produces and supplies acidulants, which are food additives used to impart a sour taste or acidity to various beverages. Acidulants are primarily used to enhance the flavor, balance sweetness, and provide a refreshing taste in a wide range of beverages, including carbonated soft drinks, fruit juices, energy drinks, sports drinks, and alcoholic beverages.
The beverage acidulants market is estimated to
reach a valuation of US$ 2.4 billion in 2023 and is estimated to reach US$ 3.7
billion by 2033. The market is anticipated to record a CAGR of 4.7% during the
forecast period.
The growing infrastructure, urbanization, and changing
lifestyles are driving market growth. As a result, food & beverage
manufacturers increase the demand for beverage acidulants to enhance the taste,
flavor, color, and quality of drinks. These producers keep the flavor and color
of their original, exotic items while innovating new ones.
The beverage industry offers sweeteners with few calories
and healthy drinks with improved flavors, both of which are expanding the
market. The rising adoption of beverage acidulants to improve the quality and
shelf life of drinks in the food & beverages sector.
The popularity of acidic citric beverages and preserved
drinks among consumers are increasing in the market size. Being a dominant
nation, the United States is anticipated to reach a valuation of US$ 523.2
million by 2033. Conversely, China is a significant nation estimated to record
a CAGR of 5.5% during the forecast period.
Information Source:
https://www.futuremarketinsights.com/reports/beverage-acidulants-market
Growing Consumer’s Demand for Healthy Drinks Propel the
Market Growth
The food & beverage manufacturers develop healthy and
plant-based drinks for their customers by adding unique flavors. The increasing
consumers’ demand for soft and organic drinks to maintain their immunity is
surging the market expansion. Besides, value-added drinks help to improve the
digestive system, prevent diseases, infection and reduce weight.
The growing awareness of healthy lifestyles increases
consumers’ adoption of nutritional beverages. The innovation of acidul citric
beverages widely used in cold drinks is uplifting the global market. Besides,
the growing popularity of ready-to-drink and fumaric acid flavor drinks is
creating several market trends.
Key Takeaways:
- The beverage
acidulants market is expected to reach a valuation of US$ 3.7
billion by 2033.
- The
market is expected to record a CAGR of 4.7% during the forecast period.
- The
market in the United States is anticipated to record a CAGR of 4.5%
through 2033.
- With
an expected CAGR of 2.6%, the United Kingdom beverage acidulants
marketis expected to rise during the forecast period.
- The
market in Germany is expected to record a CAGR of 3.4% over the forecast
period.
- The
market in China is expected to record a CAGR of 5.5% by 2033.
Who is Winning?
The quantity of current well-known businesses around the world
fragments the market. These players pay close attention to consumer preferences
and release new products that meet their requirements. In order to
maximize revenues, the key players also enhance output in the beverage
business using cutting-edge technologies. These crucial players help the
industry grow through marketing strategies like joint ventures, partnerships,
acquisitions, mergers, and product launches.
Other Players in the Global Market are:
- Tate
and Lyle
- Northeast
Pharmaceutical Group Co., Ltd.
- Batory
Nutra
- Archer
Daniels Midland
- Corbion
N.V.
- DairyChem
- Hexagon
Overseas
- Parry
Enterprises India Ltd.
- FBC
Industries, Inc.
- Weifang
Ensign Industry Co., Ltd.
- Isegen
South Africa (Pty), Ltd.
- Jones
Hamilton Co.
- Balchem
Ingredient Solution
- Cargill
Incorporated
- Others
Recent Developments in the Beverage Acidulants Market
are:
Tate & Lyle was acquired by KPS Capital Partners in 2021
for a value of US$ 1.7 billion. Behind this acquisition, KPS Capital Partners
implemented a plan to fully manage Tate & Lyle’s operations in the Latin
American and North American regions.
In 2021, Tate & Lyle PLC announced its new acidulants
plant to reduce greenhouse gases and increase efficiency in Brazil.
The Beverage Acidulants Market by Category
By Product Type:
- Acetic
Acid
- Citric
Acid
- Fumaric
Acid
- Lactic
Acid
- Malic
Acid
- Phosphoric
Acid
- Tartaric
Acid
- Other
Products
By Foam:
- Granule
- Liquid
- Power
By Nature:
- Organic
- Synthetic
By Application:
- Alcoholic
Beverages
- Dairy-based
Beverages
- Energy
Drinks
- Fruit
Juices and Concentrates
- Soft
Drinks
By Region:
- North
America
- Latin
America
- Europe
- South
Asia & Pacific
- East
Asia
- Middle
East & Africa (MEA)
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