Citric Acid Market Analysis, Share, Size & Forecast 2016 - 2021

Imarc 

Consulting Services 

www.imarcgroup.com 

Global Citric Acid 

Market Driven by 

Increasing 

Consumption of 

Beverages and 

Convenience Foods in 

Emerging Markets 

Copyright © 2016 International Market Analysis Research & Consulting (IMARC). All Rights Reserved

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Report Description 


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Report Description and Highlights 

Global Citric Acid Market Driven by Increasing Consumption of Beverages and Convenience Foods 

in Emerging Markets 

The food and beverages industry represents the largest consumer of citric acid where it is used in 

various beverages and as preservative in various food products. As a result of increasing population 

and improving living standards, the per capita consumption of beverages and convenience foods is 

also rising. Consequently, the global citric acid market is expected to grow at a CAGR of 3.1% during 

2016-2021. 

According to IMARC Group’s latest report, “Citric Acid Market – Industry Trends, Manufacturing 

Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” the global citric acid market 

reached a volume of around 2.2 Million Tons in 2015 exhibiting a CAGR of more than 3.2% during 

2008-2015. IMARC Group expects the global production of citric acid to reach nearly 2.7 Million Tons 

by 2021 growing at a CAGR of 3.1%. One of the major factors driving the global demand for citric 

acid is its increasing usage in end-use industries. Furthermore, emerging markets such as Asia, Africa 

and Middle East are expected to exhibit above-average growth rates as a result of increase in 

population and improving living standards which will result in higher per capita consumption of 

beverages and convenience foods.

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Used in a variety of industries, citric acid is one of the most important organic acids. The major end-use 

industries of citric acid include – food and beverage, pharmaceuticals, household cleaners, animal feed, 

lubricants, chelating agents, plasticizers, metal cleaners, etc. The food and beverage industry currently 

accounts for three-quarters of the total global consumption of citric acid. In this industry it is used in 

carbonated drinks as acidulant which accounts for the majority of use. In food products, it competes 

with phosphoric, tartaric, DL-malic, fumaric, and lactic acids and is used to enhance flavour, provide 

sourness and tartness, adjust pH and control the growth of micro-organisms. The household cleaners 

and detergents industry is the second largest consumer of citric acid where it is mainly used as a 

replacement for phosphates in concentrated liquid detergents as it does not contribute to the 

eutrophication of water systems. The third largest consumer of citric acid is the pharmaceutical and 

cosmetics industry. It is used in pharmaceutical products as result of its safe and nontoxic nature, 

pleasant acidic taste, buffering and chelating properties and high water solubility. The major 

applications include prescription pharmaceuticals, antacids, dentifrices, etc. In the cosmetics and 

toiletries segment, shampoos and conditioners account for most of the consumption. 

Browse press release: http://www.imarcgroup.com/global-citric-acid-market

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The report has analysed and segmented the market geographically. On the basis of production, China 

represents the largest producer of citric acid, accounting for almost 60% of the total global production. 

China is followed by United States, Western Europe and others. On the basis of consumption, Europe 

represents the largest consumer of citric acid, followed by United States, China, Middle East and 

Central/Eastern Europe. On the basis of export and import trends, China is the largest exporter while 

Germany is the leading importer of citric acid. The report also finds that 4 of the top 5 global citric acid 

manufacturers are based in China with Weifang Ying Xuan being the biggest producer. Other key global 

players include – Jungbunzlauer, Tate and Lyle, COFCO Biochemical, Luxin Jinhe, etc. 

The report gives a detailed roadmap for starting a citric acid manufacturing plant. The study, done by 

one of the leading research and advisory firms, covers all the requirements of the global citric acid 

market. This ranges from a comprehensive view of the market to minute details of the industry 

performance, processing & manufacturing requirements, project cost, project funding, project 

economics, expected returns on investment, profit margins, etc. This report is a must-read for 

entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning 

to foray into the citric acid market in any manner. 

Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/

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Table of Contents 


1 Research Methodology 

2 Executive Summary 

3 Introduction to the Citric Acid Industry 

4 Citric Acid Industry Analysis 

4.1 Citric Acid Industry: Key Success and Risk Factors 

4.2 Citric Acid Industry: Overall Market Performance 

4.2.1 Current, Historical and Future Market Trends 

4.2.2 Market Breakup by Region 

4.2.3 Market Breakup by Application 

4.3 Major Players 

5 Citric Acid Manufacturing Process 

5.1 Citric Acid Manufacturing Plant: Detailed Process Flow 

5.2 Citric Acid Manufacturing Plant: Various Types of Unit Operations Involved 

6 Project Details, Requirements and Costs Involved 

6.1 Land, Location and Site Development 

6.2 Plant and Machinery 

6.3 Raw Materials 

6.4 Utilities 

6.5 Manpower

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6.6 Other Capital Investments 

7 Loans and Financial Assistance 

8 Project Economics 

8.1 Capital Cost of the Project 

8.2 Techno-Economic Parameters 

8.3 Product Pricing 

8.4 Income Projections 

8.5 Expenditure Projections 

8.6 Financial Analysis 

List of Figures 


Figure 4 1: Global: Citric Acid Production (in Million Tons), 2008-2015 

Figure 4 2: Global: Citric Acid Production Forecast (in Million Tons), 2016-2021 

Figure 4 3: Global: Citric Acid Market: Production Breakup by Region (in %), 2015 

Figure 4 4: Global: Citric Acid Market: Consumption Breakup by Country (in %), 2015 

Figure 4 5: Global: Citric Acid Market: Breakup by Application (in %), 2015 

Figure 5 1: Citric Acid Manufacturing Process: Conversion Rates of Products 

Figure 5 2: Citric Acid Manufacturing Process: Detailed Process Flow 

Figure 8 1: Citric Acid Manufacturing Plant: Breakup of Capital Costs (in %) 

Figure 8 2: Citric Acid Manufacturing Plant: Breakup of Operating Costs (in %)

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List of Tables 


Table 4 1: Global: Citric Acid Market: Key Players 

Table 6 1: Citric Acid Manufacturing Costs Related to Land and Site Development 

Table 6 2: Citric Acid Manufacturing Costs Related to Civil Works (in US$) 

Table 6 3: Machinery Costs (in US$) 

Table 6 4: Costs Related to Raw Materials (in US$) 

Table 6 5: Costs Related to Salaries and Wages (in US$) 

Table 6 6: Costs Related to Other Capital Investments (in US$) 

Table 7 1: Details of Financial Assistance Offered by Financial Institutions 

Table 8 1: Capital Costs (in US$) 

Table 8 2: Techno-Economic Parameters 

Table 8 3: Income Projections (in US$) 

Table 8 4: Expenditure Projections (in US$) 

Table 8 5: Cash Flow Analysis Without Considering the Income Tax Liability 

Table 8 6: Cash Flow Analysis on Considering the Income Tax Liability

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To buy the complete report or to get a free sample, please contact: 

IMARC Group Asia: 

Email: apac@imarcgroup.com 

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IMARC Group Europe, Middle East & Africa: 

Email: ema@imarcgroup.com 

Phone: +44-702-409-7331 

To know more please visit: http://www.imarcgroup.com/citric-acid-manufacturing-plant

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Citric Acid Market Analysis, Share, Size & Forecast 2016 - 2021

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