Market Size of Europe Food Acidulants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.42 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Food Acidulants Market Analysis
Europe food acidulants market is anticipated to witness a CAGR of 5.42% during the forecast period (2020 - 2025).
- Acidulants play an important role in the food and beverage sector due to their preserving ability. They are one of the fastest-growing segments due to their pH stabilizing properties and hence, are incorporated extensively to sustain the product shelf life.
- As the regional consumers get more health-conscious, the demand for specificities from the products in terms of freshness and safety has risen. The consumers' interest in food and beverage products prepared from safe ingredients is, therefore, projected to remain strong in the near future and be a driving factor for the market.
- Citric acid is the most used acid in food products due to its compatibility with most of the end products. Lactic acid is widely considered for its antioxidant and preservative properties.
