[email protected]   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Citric Acid Market Share

ID: MRFR//1211-CR | 132 Pages | Author: Snehal Singh| July 2023

Introduction: Navigating the Competitive Landscape of Citric Acid

The citric acid market is experiencing a period of unprecedented competition, thanks to the rapid development of new technology and the changing regulatory framework. The leading players, from established producers to innovating start-ups and sustainable suppliers, are pursuing their own individual strategies. The major players are using big data and automation to optimize their production processes. Green supply chains are reshaping the supply chain to meet the rising demand for sustainability. IoT applications are improving production efficiency and product traceability, which will have a significant impact on the market position. In 2024–2025, the most promising growth opportunities are in Asia–Pacific and Latin America, where demand for citric acid in food and beverage applications is growing rapidly. The strategic trends of localized production and cooperation will help the leading players to take advantage of these favorable market conditions and gain a competitive advantage.

Competitive Positioning

Full-Suite Integrators

These vendors offer comprehensive solutions across the citric acid value chain, from production to distribution.

VendorCompetitive EdgeSolution FocusRegional Focus
ADM (Archer-Daniels-Midland Company) Extensive supply chain capabilities Food and beverage applications North America, Europe
Cargill, Incorporated Diverse product portfolio Food ingredients and industrial applications Global
Tate & Lyle Strong focus on innovation Food and beverage solutions North America, Europe, Asia

Specialized Technology Vendors

These companies focus on specific technologies or processes related to citric acid production.

VendorCompetitive EdgeSolution FocusRegional Focus
Jungbunzlauer Sustainable production methods Biochemical solutions Europe, Asia
Citribel nv High-quality citric acid production Food and pharmaceutical applications Europe

Infrastructure & Equipment Providers

These vendors supply the necessary equipment and infrastructure for citric acid production.

VendorCompetitive EdgeSolution FocusRegional Focus
RZBC GROUP CO., LTD. Large-scale production capacity Citric acid manufacturing Asia, Europe
SHANDONG ENSIGN INDUSTRY CO., LTD. Cost-effective production solutions Chemical manufacturing Asia
Huangshi Xinghua Biochemical Co.Ltd. Focus on quality and safety Biochemical products Asia
Gadot Biochemical Industries Ltd. Expertise in specialty chemicals Food and industrial applications Global

Emerging Players & Regional Champions

  • Jungbunzlauer, Switzerland: The Jungbunzlauer company specializes in the production of natural citric acid from fermentation. Recently, they won a contract to supply a major soft drink manufacturer with a sustainable citric acid, thereby challenging the established suppliers and emphasizing their eco-friendly production methods.
  • Citrique Belge (Belgium): Specializes in the production of pure citric acid for the food and pharmaceutical industry. It has recently increased its production capacity to meet the growing demand in Europe, offering specialized solutions for the needs of niche markets.
  • Shandong Qilu Biotechnology Co., Ltd. (China): Its citric acid derived from corn, with its high price and its high cost, will compete with the citric acid produced by other companies, and will be a new competitor in the Asian market.
  • Kraton, Inc., (US): Innovator in the field of bio-based citric acid derivatives for special applications, recently launched a new product line aimed at the cosmetics industry, thereby expanding the horizons of the citric acid suppliers by diversifying the application areas.

Regional Trends: In 2023, there is a strong trend towards sustainable and eco-friendly production in the citric acid market, especially in Europe and North America. The fermentation technology and the bio-based process have been developed by newcomers to meet the increasing demand for natural ingredients. The focus on the specialized applications in food, pharmaceuticals and cosmetics is driving the regional champions to focus on high-purity and tailored solutions.

Collaborations & M&A Movements

  • Cargill and Archer Daniels Midland Company (ADM) entered into a partnership to enhance the production efficiency of citric acid, aiming to capture a larger share of the growing demand in the food and beverage sector.
  • Nexira acquired the citric acid business of the French company, Lesaffre, to expand its product portfolio and strengthen its position in the natural ingredients market.
  • BASF and Tate & Lyle announced a collaboration to develop sustainable citric acid production methods, responding to increasing regulatory pressures for environmentally friendly manufacturing practices.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Sustainability Cargill, Archer Daniels Midland Company (ADM) The sustainable exploitation of citric acid is a fact of the present, and Cargill has introduced a system of production, which is based on the use of renewable sources, and has reduced the amount of CO2 emitted. ADM has introduced green chemistry into its citric acid production process.
Production Efficiency Jungbunzlauer, Soda Biotech Jungbunzlauer has optimized its fermentation processes, leading to higher yields and lower production costs. Soda Biotech employs advanced bioprocessing techniques that significantly enhance production efficiency and reduce waste.
Product Quality Nexira, Kraton Corporation Nexira focuses on high-purity citric acid for food applications, ensuring compliance with stringent quality standards. Kraton Corporation leverages innovative purification methods to deliver superior product quality for industrial applications.
Market Reach Nutraceutical Corporation, Tate & Lyle Nutraceutical Corporation has established a strong distribution network across North America, enhancing market penetration. Tate & Lyle has a global presence, allowing them to cater to diverse markets and customer needs effectively.
Innovation in Applications BASF, DuPont BASF is actively developing new applications for citric acid in bioplastics and pharmaceuticals, showcasing their commitment to innovation. DuPont has introduced citric acid derivatives that expand its use in various industrial applications.

Conclusion: Navigating Citric Acid Market Dynamics

Citrate of lime in 2023 will be characterized by intense competition and significant fragmentation. Both established and newcomers will compete for market share. Strategic suppliers will be forced to change their strategies. Regional trends point to increased demand in the Asia-Pacific and North American regions. Competition will be mainly between established and newcomers. The latter will rely on innovation and sustainable development to take advantage of niche segments. In order to gain a foothold in the market, suppliers must have the ability to integrate advanced capabilities such as artificial intelligence for process optimization, automation for cost savings, and sustainable practices. As the landscape changes, managers will be forced to rely on flexibility to quickly respond to changing preferences and regulatory requirements.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Forecast Period 2024-2030
Growth Rate 4.12 % (2024-2030)
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.