Market Size of South America Food Acidulants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.01 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Food Acidulants Market Analysis
The South America Food Acidulants market is forecasted to witness a CAGR of 6.01% during the forecast period (2020 - 2025).
- The South American countries like Brazil make use of the 85% Phosphoric Acid- Food Grade as a liquid cleaner. It is used for clarification of fruit juices after liming processes. Thereby food phosphoric acid is driving the market in the region.
- Moroever, the breakfast cereal, cereal bars, packed coffee beverages, seasoned waters and processed foods produced in the region also contain increasing amount of food acidulants such as citric acid, food-grade phosphoric acid occasionally, due to its preserving nature. Therefore, the increaseing application of food acidulants in the food an beverage sector in South America region, is expected to drive the market further.
