Market Size of Asia Pacific Food Acidulants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.40 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Food Acidulants Market Analysis
The Asia-Pacific food acidulant market is expected to grow at a CAGR of 5.4% during the forecast period, 2020 to 2025.
Food Acidulants are one of the major food additives used in the food & beverage industry and are one of the fastest growing segments. The main function of the acidulants is to stabilize the pH level of the food product and preserve the product's shelf life. Additionally, they function as gelling agents, flavor enhancers in confectionary products, and improve the taste in beverages.