The global organic acid market stood at $ 6.94 billion in 2016, and is projected to grow at a CAGR of 6.11% in value terms to reach $ 12.54 billion by the end of 2026,
Years considered for this report
- Historical Years2012-2015
- Base Year2016
- Estimated Year2017
- Forecast Period2017–2026
Objective of the Study
- To outline, categories
and forecast global organic acid market on the basis of type, end use and
regional distribution
- To evaluate and
forecast global market size of organic acid, in terms of value and volume
- To project the size of
organic acid market, in terms of volume, with respect to key end use
industries such as Food & beverage,
Pharmaceutical, Personal Care, Industrial, Agriculture and Animal Feed
- To understand the regional
market structure of organic acid market, global organic acid market is
segmented in five regions, namely Asia-Pacific, North America, Europe,
Middle East & Africa and South America and forecast the market size,
in terms of volume
- To identify the
detailed information about the prime factors affecting global organic acid
market
- To scrutinize strategic
developments such as new product launches, facility expansions and mergers
& acquisitions by various organic acid manufacturers across the global
- To evaluate competitor
pricing, average market selling prices and margins in the global organic
acid market
- To get an idea about
the consumer behavior towards organic acid product awareness, brand
satisfaction, brand switching behavior, frequency of buying and evaluate
major factors impacting the buying decision
- To strategically
profile the key players in the market, which are involved in the production
and sales of organic acid globally
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Global organic acid market is controlled by these major players, namely– BASF SE (Germany), Dow Chemical (U.S.), BP Plc(U.K.), BioAmber Inc. (Canada), Tate and Lyle Plc (U.K.), Archer Daniels Midland (U.S.), Corbion NV (Netherlands), Elekeiroz S.A (Brazil), Cargill Inc. (U.S.), Henan Jindan Lactic Acid Technology Co., Ltd. (China), Myriant Corporation (U.S.), Jungbunzlauer Suisse AG (Switzerland), Nature Works LLC (U.S.), Celanese corporation (U.S.), and Eastman Chemicals Company (U.S.) among others.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of organic acid manufacturers, suppliers and influencing factors such as drivers, challenges and trends across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were enquired about their key organic acid types, end use industries, prices and competitors. Through this technique, Market Insights Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the product offerings, distribution channels, and regional presence of all major organic acid suppliers across the globe.
Market Insights Research arrived at the market size for global organic acid using a bottom-up approach. Initially, the volume sales data of manufacturers catering to
Key Target Audience
- End users of organic acid such as industrial,
food & beverages, pharmaceuticals and personal care.
- Acetic acid, Citric acid, Formic acid, Lactic
acid and other types of organic acid manufacturers and suppliers.
- Research organizations and consulting
companies
- New entrants company of the global organic
acid market.
- 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