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The Brazil Food Acidulants Market is segmented by Type (Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid, and Other Types) and Application (Beverages, Dairy and Frozen Products, Bakery, Meat Industry, Confectionery, and Other Applications).
The Brazilian food acidulants Market is anticipated to register a CAGR of 7.5% during the forecast period (2020-2025).
The Brazilian food acidulants Market is segmented by type into citric acid, lactic acid, phosphoric acid, and other types. By Application, the market is segmented into beverages, dairy and frozen products, bakery, meat industry, confectionery, and other applications.
|Dairy and Frozen products|
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Commercially, the most attractive markets for ultra-processed food and drink products are no longer the fully industrialized high-income countries. They are the middle-and low-income countries, including Brazil. Brazil has shown rapid demand for processed foods in the past few years. Ultra-processed foods are the market segment that found a faster growth in the country. The nutritional profile of the fraction of ultra-processed food consumption, which showed higher energy density, higher overall fat content, higher saturated and trans fat, higher levels of free sugar and less fiber, protein, sodium, and potassium, when compared to the fraction of consumption related to natural or minimally processed foods, have propelled the demand. Thus, the increasing demand for processed food in the region is expected to boost the market sales.
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Citric acid is the most prevalent organic acid used in food and beverages. It is a natural flavoring agent and preservative used in food preparations, due to its compatibility with most of the end products. In the developing markets, like Brazil, price plays a vital role in the sale of products. The affordable prices of citric acid allow the manufacturers to use it efficiently in the manufacturing of food, beverage, pharmaceuticals, etc. Looking for attractive market opportunities, the local manufacturers are launching citric acid in various forms, to cater to the rising demand across industries.
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The Brazilian food acidulants market is a fragmented market with the presence of various regional and global players. The key players are also known to adopt effective production standards, higher operational capabilities, particularly with the design and development of specialized grades of acidulants.
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Citric acid
5.1.2 Phosphoric acid
5.1.3 Lactic acid
5.1.4 Other Types
5.2 By Application
5.2.2 Dairy and Frozen products
5.2.4 Meat Industry
5.2.6 Other Applications
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 Cargill Incorporated
6.3.2 Tate & Lyle
6.3.3 The Archer Daniels Midland Company
6.3.4 Kemin Industries Inc
6.3.6 Maxsoy Foods
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability