Market Size of India Food Acidulants Industry
| 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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India Food Acidulants Market Analysis
The Indian food acidulants market is anticipated to register a CAGR of 7.5% during the forecast period (2020-2025).
- Food acidulants are one of the primary food additives used in the food and beverages industry and are one of the fastest growing segments. The increasing population in the country, with an increasing appetite for processed food and beverages, is the main driving force for the food acidulants market.
- Apart from controlling the acidity levels, these ingredients assist the preservation of food and drinks and act as gelling agents. Acidulants are used to obtain a sharp taste, especially in sauces, jams, and CSDs.
- Citric acid dominates the acidulants market. The important properties of citric acid, such as microorganism growth, pH flexibility, and flavor enhancing properties, are expected to drive the market, thus, addressing consumer demands for taste, safety, and appeal.
