North America Organic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Organic Acid Market is segmented by Type (Acetic acid, Citric acid, Lactic acid, and Others); by Application (Food & Beverage, Animal Feed, Pharmaceuticals, and Others); by Geography.

North America Organic Acid Market Size

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NA organic acid market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.67 %
Market Concentration Low

Major Players

North America Organic Acid Market

*Disclaimer: Major Players sorted in no particular order

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North America Organic Acid Market Analysis

North America Organic Acid Market is projected to grow at a CAGR of 7.67% during the forecasted period 2021-2026.

  • Growing demand for convenience food and technological innovations, and production of organic acids from cost-effective renewable sources are other factors driving the market growth. Furthermore, increased usage of organic acids in animal feed as a substitute of antibiotic growth promoters (AGP) is another factor that is expected to drive the market for organic acids during the forecast period.
  • Additionally, stringent government regulations mandated by the Food Drug Association (FDA) regarding the usage of hazardous synthetic chemicals in various industries is fuelling demand for environment-friendly organic acids in North America.
  • However, due to the global COVID-19 pandemic, the supply chain, production facilities, and various other hindrances have been observed which has certainly impacted the organic acid market in the North American region but for the short period of time.

North America Organic Acid Market Trends

This section covers the major market trends shaping the North America Organic Acid Market according to our research experts:

Increasing Demand for Organic Acids in Wide Array of Applications

The main organic acids are acetic acid, citric acid, lactic acid, and fumaric acid which are increasingly getting used in plastic making, tanning, textiles, paper, metal, pharmaceuticals, perfumes, herbal insecticides, colors & dyes, lubricants, in food & beverage applications, and cosmetic manufacturing. Formic acid and acetic acid are the acids chiefly used in pharmaceutical and industrial applications. Increased demand for multifunctional skincare products is expected to steer the market for organic acids during the forecast period. In addition, acidulants such as malic and fumaric acids are replacing antibiotics in animal feed, owing to their advantages compared to other feed acidulants. The functional superiority of citric acid in shelf-life enhancement, pH buffering, and in providing flavor and tartness is higher than that of phosphoric, tartaric, and lactic acids to name a few. The robust demands for ready-to-drink (RTD) healthful beverages are facilitating the usage of citric acid.

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United States holds Largest Market Share

The United States is the largest market for gluconic acid in the North American region, and it is also one of the largest importers. Emerging applications of organic acids, such as biodegradable plastic, in the United States, are also becoming essential in further increasing the demand for variant organic acids such as gluconic acid, as it is non-toxic and a readily biodegradable organic acid. The approval from US FDA as a food additive is increasing the demand for gluconic acid, citric acid, and various others in the food and feed industry. Increasing applications of organic acid in detergents and cleansers for their biodegradability properties are one of the key driving factors of the market growth.

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North America Organic Acid Industry Overview

Some of the major players in North America organic acid market are Cargill, Incorporated, Eastman Chemical Company, BASF SE, Archer Daniels Midland Company, and Koninklijke DSM N.V. among others. The key players are also known to adopt effective production standards, higher operational capabilities, particularly, with the design and development of specialized grades of organic acid that have pharmaceutical and food applications. Moreover, the companies are also consolidating and restructuring their business in line, with the supply-demand dynamics that facilitate them with sustainable sales growth.

North America Organic Acid Market Leaders

  1. Cargill, Incorporated

  2. BASF SE

  3. Archer Daniels Midland Company

  4. Tate & Lyle PLC

  5. DuPont

*Disclaimer: Major Players sorted in no particular order

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North America Organic Acid Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Acetic acid

      2. 5.1.2 Citric acid

      3. 5.1.3 Lactic acid

      4. 5.1.4 Others

    2. 5.2 By Application

      1. 5.2.1 Food & Beverage

      2. 5.2.2 Animal Feed

      3. 5.2.3 Pharmaceuticals

      4. 5.2.4 Others

    3. 5.3 By Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico

      4. 5.3.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Most Active Companies

    3. 6.3 Most Adopted Strategy

    4. 6.4 Company Profiles

      1. 6.4.1 Cargill, Incorporated

      2. 6.4.2 Eastman Chemical Company

      3. 6.4.3 BASF SE

      4. 6.4.4 Archer Daniels Midland Company

      5. 6.4.5 Tate & Lyle PLC

      6. 6.4.6 Koninklijke DSM N.V.

      7. 6.4.7 DuPont

      8. 6.4.8 Corbion N.V

      9. 6.4.9 DNP Green Technology (BioAmber)

      10. 6.4.10 Celanese Corporation

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACTOF COVID-19 ON THE MARKET

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North America Organic Acid Industry Segmentation

The North America organic acid market has been segmented by type, application, and geography. Based on type, the market is segmented into acetic acid, citric acid, lactic acid, and others. Based on application, the market is segmented into food & beverage, animal feed, pharmaceuticals, and others. Also, the study provides an analysis of the organic acid market in the emerging and established markets across the region, including the United States, Mexico, Canada, and the rest of North America.

By Type
Acetic acid
Citric acid
Lactic acid
Others
By Application
Food & Beverage
Animal Feed
Pharmaceuticals
Others
By Geography
United States
Canada
Mexico
Rest of North America
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North America Organic Acid Market Research FAQs

The North America Organic Acid Market is projected to register a CAGR of 7.67% during the forecast period (2024-2029)

Cargill, Incorporated, BASF SE, Archer Daniels Midland Company, Tate & Lyle PLC and DuPont are the major companies operating in the North America Organic Acid Market.

The report covers the North America Organic Acid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Organic Acid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Companies can compete with established players in the North America Organic Acid Market through a) Focusing on innovation b) Catering to niche markets c) Building strong customer relationships

North America Organic Acid Industry Report

The North America organic acid market is experiencing robust growth, driven by increasing demand across various sectors such as food and beverage, pharmaceuticals, and personal care. Known for their versatility and low molecular masses, organic acids are used as flavor enhancers, preservatives, and in pharmaceutical formulations to improve drug solubility and stability. Acetic acid leads the market due to its extensive industrial and culinary applications. The market is witnessing significant growth in the food & beverage segment, propelled by consumer preferences for convenience foods and clean-label products. The United States holds a dominant market share, supported by a dynamic industry and significant R&D investments. The shift towards sustainable and bio-based organic acids is further fueling market growth, aligning with environmental concerns and regulatory support for eco-friendly alternatives. Challenges such as volatile raw material prices pose risks to market stability. For detailed insights, including market share, size, revenue growth rate, and a forecast outlook, download a free report PDF sample from Mordor Intelligence™ Industry Reports on the North America organic acid market.

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North America Organic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)