Middle East & Africa organic acid market is projected to exhibit a CAGR of 6.8%, in value terms, during 2017 – 2026, and thereby grow from $ 368 million in 2016 to $ 712 million by 2026. Growth in the market is expected on account of shifting consumer preference towards organic beverages and natural drinks as compared to alcoholic drinks. Moreover, the ability of organic acids to impart anti-oxidants and anti-bacterial effects to food additives and power drinks is expected to aid the region’s organic acids market in coming years.
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 MEA organic acid market, in terms
of value and volume
- To
define, classify and forecast MEA organic acid market on the basis of
type, end use, country, and company
- To
project the size of MEA 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 MEA organic acid market
- To
identify the detailed information about the prime factors affecting MEA
organic acid market
- To
evaluate competitor pricing, average market selling prices and margins in MEA
organic acid market.
- To
examine competitive developments such as expansions, new production
facility setup, new entrants, mergers & acquisitions, government policies
and expected investments in MEA organic acid market.
- To
strategically profile the leading players which are involved in
manufacturing and supply of organic acids in Middle
East & Africa
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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 Middle East & Africa. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired 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 the limitations of secondary research. Market Insights Research analyzed the type, end use, distribution network, and country wise presence of all major organic acid manufacturers across Middle East & Africa.
Market Insights Research calculated the market size for Middle East & Africa 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 and forecast for the future years. Market Insights Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary source 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 firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as organic acid manufacturers, distributors and dealers, customers and policy makers.
