Asia Pacific Citric Acid Market Size, Share & Trends Analysis Report By End-use, By Application, By Product (Biodegradable Polyesters, Bio-PE, Bio-PET, Polylactic Acid, Polyhydroxyalkanoate, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Citric Acid Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,145.8 Kilo Tonnes, showcasing a growth of 3.4% (2019-2022).

Its primary application lies in the food and beverage industry. It is a natural acidulant, imparting a tangy flavor to various products. From carbonated drinks and fruit-flavored beverages to jams, jellies, and confectionery, it enhances taste and preservatives and contributes to the overall quality of processed foods. The pharmaceutical sector utilizes this acid to formulate medicines, particularly effervescent tablets. Its ability to react with bicarbonates to release carbon dioxide makes it a key ingredient in effervescent formulations, providing a palatable and easily absorbable form for certain medications.

Due to its exfoliating and antioxidant belongings, it finds applications in the cosmetics and personal care sector. It is commonly included in skincare products, shampoos, and conditioners to regulate acidity and enhance product stability. Its chelating properties make it valuable in household cleaning products, especially those designed to remove mineral deposits. Its eco-friendly nature has contributed to its popularity in various cleaning solutions. Industries such as textiles, photography, and the metalworking sector leverage citric acid for dyeing and metal cleaning as a rust inhibitor. Its versatility extends its utility to diverse industrial applications.

The Asia Pacific region is home to a large and rapidly growing population. According to Invest India, the pharmaceutical industry in India is valued at $50 Bn in 2023. India is a prominent pharmaceutical exporter, serving more than two hundred countries with its pharmaceutical exports. India provides more than 50% of Africa's generic demand, approximately 40% in the United States, and 25% of all medication in the United Kingdom. It can contribute to taste-masking in pediatric formulations, making medications more palatable for children. With an emphasis on developing child-friendly drug formulations, the pharmaceutical industry in India may increase the use of citric in this application. Therefore, the factors mentioned above will propel the market growth in this region.

The China market dominated the Asia Pacific Citric Acid Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $477.3 Million by 2030. The Japan market is registering a CAGR of 3.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 5% during (2023 - 2030).

Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Food & Beverages, Pharmaceutical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Pfizer, Inc.
Tate & Lyle Plc.
Cargill, Incorporated
Archer Daniels Midland Company
Jungbunzlauer Suisse AG
HUANGSHI XINGHUA BIOCHEMICAL CO.LTD.
RZBC Group CO., LTD.
Kenko Corporation
Gadot Biochemical Industries Ltd.
Citribel N.V.

Asia Pacific Citric Acid Market Report Segmentation

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Powder
Liquid

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Food & Beverages
Pharmaceutical
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Citric Acid Market, by Form
- 1.4.2 Asia Pacific Citric Acid Market, by Application
- 1.4.3 Asia Pacific Citric Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter's Five Forces Analysis

Chapter 4. Asia Pacific Citric Acid Market, By Form

4.1 Asia Pacific Powder Market, By Country
4.2 Asia Pacific Liquid Market, By Country

Chapter 5. Asia Pacific Citric Acid Market, By Application

5.1 Asia Pacific Food & Beverages Market, By Country
5.2 Asia Pacific Pharmaceutical Market, By Country
5.3 Asia Pacific Others Market, By Country

Chapter 6. Asia Pacific Citric Acid Market, By Country

6.1 China Citric Acid Market
- 6.1.1 China Citric Acid Market, By Form
- 6.1.2 China Citric Acid Market, By Application
6.2 Japan Citric Acid Market
- 6.2.1 Japan Citric Acid Market, By Form
- 6.2.2 Japan Citric Acid Market, By Application
6.3 India Citric Acid Market
- 6.3.1 India Citric Acid Market, By Form
- 6.3.2 India Citric Acid Market, By Application
6.4 South Korea Citric Acid Market
- 6.4.1 South Korea Citric Acid Market, By Form
- 6.4.2 South Korea Citric Acid Market, By Application
6.5 Singapore Citric Acid Market
- 6.5.1 Singapore Citric Acid Market, By Form
- 6.5.2 Singapore Citric Acid Market, By Application
6.6 Malaysia Citric Acid Market
- 6.6.1 Malaysia Citric Acid Market, By Form
- 6.6.2 Malaysia Citric Acid Market, By Application
6.7 Rest of Asia Pacific Citric Acid Market
- 6.7.1 Rest of Asia Pacific Citric Acid Market, By Form
- 6.7.2 Rest of Asia Pacific Citric Acid Market, By Application

Chapter 7. Company Profiles

7.1 Pfizer, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional & Segmental Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 Tate & Lyle PLC
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental & Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 SWOT Analysis
7.4 Archer Daniels Midland Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 Jungbunzlauer Suisse AG
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
7.6 HUANGSHI XINGHUA BIOCHEMICAL CO.LTD.
- 7.6.1 Company Overview
7.7 RZBC Group CO., LTD.
- 7.7.1 Company Overview
7.8 Kenko Corporation
- 7.8.1 Company Overview
7.9 Gadot Biochemical Industries Ltd.
- 7.9.1 Company Overview
7.10. Citribel N.V.
- 7.10.1 Company Overview

LIST OF TABLES

TABLE 1 Asia Pacific Citric Acid Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Citric Acid Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Powder Market, By Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Powder Market, By Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Powder Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Powder Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Liquid Market, By Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Liquid Market, By Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Liquid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Liquid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Food & Beverages Market, By Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Food & Beverages Market, By Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Food & Beverages Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Food & Beverages Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Pharmaceutical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Pharmaceutical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Others Market, By Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Others Market, By Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Citric Acid Market, By Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Citric Acid Market, By Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Citric Acid Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Citric Acid Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 37 China Citric Acid Market, 2019 - 2022, USD Million
TABLE 38 China Citric Acid Market, 2023 - 2030, USD Million
TABLE 39 China Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 40 China Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 41 China Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 42 China Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 43 China Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 44 China Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 45 China Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 46 China Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 47 China Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 48 China Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 49 Japan Citric Acid Market, 2019 - 2022, USD Million
TABLE 50 Japan Citric Acid Market, 2023 - 2030, USD Million
TABLE 51 Japan Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 52 Japan Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 53 Japan Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 54 Japan Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 55 Japan Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 56 Japan Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 57 Japan Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 58 Japan Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 59 Japan Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Japan Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61 India Citric Acid Market, 2019 - 2022, USD Million
TABLE 62 India Citric Acid Market, 2023 - 2030, USD Million
TABLE 63 India Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 India Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 India Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 66 India Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 67 India Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 68 India Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 69 India Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 70 India Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 71 India Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 72 India Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 73 South Korea Citric Acid Market, 2019 - 2022, USD Million
TABLE 74 South Korea Citric Acid Market, 2023 - 2030, USD Million
TABLE 75 South Korea Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 South Korea Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 South Korea Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 78 South Korea Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 79 South Korea Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 80 South Korea Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 81 South Korea Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 82 South Korea Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 83 South Korea Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84 South Korea Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Singapore Citric Acid Market, 2019 - 2022, USD Million
TABLE 86 Singapore Citric Acid Market, 2023 - 2030, USD Million
TABLE 87 Singapore Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Singapore Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Singapore Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 90 Singapore Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 91 Singapore Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 92 Singapore Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 93 Singapore Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 94 Singapore Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 95 Singapore Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Singapore Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Malaysia Citric Acid Market, 2019 - 2022, USD Million
TABLE 98 Malaysia Citric Acid Market, 2023 - 2030, USD Million
TABLE 99 Malaysia Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Malaysia Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Malaysia Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 102 Malaysia Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 103 Malaysia Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 104 Malaysia Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 105 Malaysia Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 106 Malaysia Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 107 Malaysia Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Malaysia Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Rest of Asia Pacific Citric Acid Market, 2019 - 2022, USD Million
TABLE 110 Rest of Asia Pacific Citric Acid Market, 2023 - 2030, USD Million
TABLE 111 Rest of Asia Pacific Citric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of Asia Pacific Citric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Asia Pacific Citric Acid Market, By Form, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Citric Acid Market, By Form, 2023 - 2030, USD Million
TABLE 115 Rest of Asia Pacific Citric Acid Market, By Form, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Asia Pacific Citric Acid Market, By Form, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Asia Pacific Citric Acid Market, By Application, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Citric Acid Market, By Application, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Citric Acid Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Asia Pacific Citric Acid Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Key Information - Pfizer, Inc.
TABLE 122 Key Information - Tate & Lyle PLC
TABLE 124 Key Information - Archer Daniels Midland Company
TABLE 125 Key Information - jungbunzlauer suisse ag
TABLE 126 Key Information - HUANGSHI XINGHUA BIOCHEMICAL CO.LTD.
TABLE 127 Key Information - RZBC Group CO., LTD.
TABLE 128 Key Information - Kenko Corporation
TABLE 129 Key Information - Gadot Biochemical Industries Ltd.
TABLE 130 Key Information - Citribel N.V.

Asia Pacific Citric Acid Market Size, Share & Trends Analysis Report By End-use, By Application, By Product (Biodegradable Polyesters, Bio-PE, Bio-PET, Polylactic Acid, Polyhydroxyalkanoate, and Others), By Country and Growth Forecast, 2023 - 2030