South America organic acid market stood at $ 276.80 million in 2016, and the market is projected to reach $ 427.62 million by 2026, exhibiting a CAGR of 4.45%, in value terms, during forecast period. Increasing urbanization coupled with growing agriculture sector to meet the rising demand of expanding population is aiding South America organic acid market. Moreover, shifting consumer preference towards high price, premium quality and eco-friendly cosmetic and food & beverage products is forecast to aid South America organic acid market during forecast period.
Years considered for this report
Historical Years2012 – 2015
Base Year2016
Estimated Year2017
Forecast Period2017 – 2026
Objective of the Study
- To analyze and forecast the market size of South America organic
acid market, in terms of value and volume
- To define, classify and forecast South America organic acid market
on the basis of type, end use, country, and company
- To project the size of South America organic acid market, in terms
of value and volume, with respect to key types such as acetic acid, citric
acid, formic acid, lactic acid and others
- To understand the country wise market structure of South America organic
acid market
- To identify the detailed information about the prime factors
affecting South America organic acid market
- To evaluate competitor pricing, average market selling prices and
margins in South America organic acid market.
- To examine competitive developments such as expansions, new
production facility setup, new entrants, mergers & acquisitions,
government policies and expected investments in South America organic acid
market.
- To strategically profile the leading players which are involved in
manufacturing and supply of organic acids in South America
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Some of the major players operating in South America organic acid market are Elekeiroz S.A., The Dow Chemical Company, Cargill Inc. etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of leading organic acid manufacturers across South America. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were asked about their key products, manufacturing plant location, prices of products and competitors. Through this technique, Market Insights Research was able to include manufacturers which could not be identified due to limitations of secondary research. Market Insights Research analyzed product offerings, distribution network, and country-wise presence of major organic acid manufacturers across South America.
Market Insights Research calculated the market size for South America organic acid market using a bottom-up approach, where manufacturers’ value sales data for standard types (acetic acid, citric acid, formic acid, lactic acid and others) were recorded as well as forecast for the future years was done. Market Insights Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports
Key Target Audience
- Organic acid manufacturers and suppliers
- End Users of organic acid
- Manufacturers and suppliers of Acetic Acid, Citric
Acid, Formic Acid, Lactic Acid and other types of organic acid
- Research organizations and consulting companies
- Trade associations, organizations, forums and alliances related to organic
acid
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as organic acid manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
