Egypt Acidulants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egypt Acidulants Market Analysis
Egypt Food Acidulants Market is anticipated to grow at a CAGR of 7.5% during the forecasted period (2020-2025).
- The growing processed food industry and rising preference for ultra-food are expected to boost the Egypt market. The major applications of Acidulants is seen in non-alcoholic beverages and soft drinks.
- Acidulants offer various functional properties. They act as antioxidants, curing and pickling agents, flavor enhancers, flavoring agents, leavening agents, pH control agents, sequestrates, and synergists. Acidulants influence the pH, and therefore, influence the environment of the micro-organisms and the effectiveness of preservatives.
- Citric acid is the most used acid in food products, due to its compatibility with most of the end products.
Egypt Acidulants Market Trends
This section covers the major market trends shaping the Egypt Acidulants Market according to our research experts:
Growing Consumption of Processed Foods
The growth of Egypt's food processing and manufacturing sectors is associated with the market being price sensitive. Driving growth has been a shift to increased production for domestic consumption and exports. Egyptian food processors and manufacturers are taking advantage of Egypt's central location in the Middle East North Africa (MENA) region to increase exports to nearby regional markets. Egyptian processed and manufactured food products are import-duty exempt in nearly all of the Arab and African export destinations. Furthermore, the changing consumer behaviour has also increased the demand for processed foods in the country. The country has experienced a remarkable CAGR of 18.03% during the past few years in the processed foods market. The evident growth in the processed food industry in Egypt will drive the growth of food ingredients including acidulants.
Citric Acid Holds A Prominent Market Share
Growth in the citric acid market is expected, due to shifting consumer preference towards organic beverages and natural drinks, as compared to alcoholic drinks. Moreover, the ability of organic acids, to impart anti-oxidants and anti-bacterial effects to food additives and power drinks, is expected to boost the region's citric acids market in coming years. The rising demand by the food manufacturers to produce flavorful food, with natural preservative is further fuelling the demand of citric acid in the country, as it is perfect to be used in craft making, candy making, pH adjustment, etc.
Egypt Acidulants Industry Overview
Egypt acidulants market is a fragmented market with the presence of various players in the market. The companies are also consolidating and restructuring their business in line, with the supply-demand dynamics that facilitates them with sustainable sales growth. With the increasing number of health-consciousness world-wide, the major players are adopting strategies to draw the attention of consumers, by introducing products with clinical claims, such as Organic, Clean-label, Non-GMO certified, etc.
Egypt Acidulants Market Leaders
Cargill Inc.
ADM
NAMAA EGYPT
EL BADRAMANY
*Disclaimer: Major Players sorted in no particular order
Egypt Acidulants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Citric acid
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5.1.2 Phosphoric acid
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5.1.3 Lactic acid
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5.1.4 Acetic Acid
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5.1.5 Malic Acid
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5.1.6 Others
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy & Frozen products
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5.2.3 Bakery
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5.2.4 Meat Industry
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5.2.5 Confectionery
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 ADM
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6.4.2 Cargill Inc.
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6.4.3 NAMAA EGYPT
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6.4.4 EL BADRAMANY
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6.4.5 Univar Solutions Inc.
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6.4.6 Brenntag AG
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6.4.7 Kima Kamas
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Egypt Acidulants Industry Segmentation
Egypt Food Acidulants Market is segmented by Type into Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid and Others. By Application the market is segmented into Beverages, Dairy & Frozen Products, Bakery, Meat Industry, Confectionery and Others.
| By Type | |
| Citric acid | |
| Phosphoric acid | |
| Lactic acid | |
| Acetic Acid | |
| Malic Acid | |
| Others |
| By Application | |
| Beverages | |
| Dairy & Frozen products | |
| Bakery | |
| Meat Industry | |
| Confectionery | |
| Others |
Egypt Acidulants Market Research FAQs
What is the current Egypt Acidulants Market size?
The Egypt Acidulants Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)
Who are the key players in Egypt Acidulants Market?
Cargill Inc., ADM, NAMAA EGYPT and EL BADRAMANY are the major companies operating in the Egypt Acidulants Market.
What years does this Egypt Acidulants Market cover?
The report covers the Egypt Acidulants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Acidulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Acidulants Industry Report
Statistics for the 2024 Egypt Acidulants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Acidulants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
