The Brazil Food Acidulants market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the high usage of acidulants as preservatives for processed foods and increasing consumer demand for various soft drinks and juices. Consumers are demanding for processed meat and ready-to-eat food products. The beverage industry is increasing demand for food acidulants for flavored water and energy drinks.
Food acidulants are chemical compounds, which gives a sour, tart, or acidic flavor to foods. It is important ingredient in sharp and zesty food products. Food acidulants helps to reduce spoilage from fungi, air, yeast, and bacteria, which increases the shelf-life of food products. Food acidulants are majorly used in processed foods and beverages to impart sour taste, enhance and modify the flavors and sweetness of sugars, and adjust the pH. It also controls gel formation, perform leavening functions in baked goods, and maintain viscosity of confections and gelatin desserts.
These acids are what give fruit its characteristics tang, and many of these are added to food products are common in nature. Citric acid are found naturally in citrus fruits such as lemons and oranges, malic acids are found in apples, and tartaric acids are found in grapes. Food acidulants performs various beneficial functions such as enhancing fruit flavors, taste, reduce spoilage, synergistic effect with antioxidants, antimicrobial effect, prevents discoloration, and pH control.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for convenience food products is anticipated to fuel the market expansion during the forecast period.
- Rapid growth of food and beverages industry is major factor pushing the market growth in the coming years.
- Availability of alternatives for food acidulants is estimated to hamper the market expansion during the forecast period.
- Side effects due to excessive consumption of food acidulants act as main factor that can hinder the market growth.
- Strict government regulations act as key challenge that can impede the market expansion.
- Innovation and advancement in the food acidulants is expected to create significant opportunities for the market players.
Scope of the Report
The report on the Brazil food acidulants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Brazil Food Acidulants Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Lactic Acid, Phosphoric Acid, Citric Acid, and Others), Applications (Bakery, Dairy and Frozen Products, Meat Industry, Beverages, Confectionery, and Others)
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Country
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Brazil
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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ADM; Cargill Incorporated; Kemin Industries, Inc.; and Tate & Lyle
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Market Segment Insights:
Citric acid segment is projected to hold a key market share
On the basis of types, the Brazil food acidulants market is segmented into lactic acid, phosphoric acid, citric acid, and others. The citric acid segment is expected to represent a key share of the market in the coming years due to high usage in food and beverages. It is flavoring and preservative used in food owing to its acidity and high solubility. It is majorly used in soft drinks to balance sweetness, enhance flavor, and refreshing taste. On the other hand, the lactic acid segment is anticipated to expand at a rapid pace during the forecast period owing to usage in processed foods as a flavoring agent and pH buffering agent. It is majorly found in sour milk products such as yoghurt. It helps to regulate acidity in processed food products and acts as an antioxidant as well as a preservative.
Beverages segment is projected to constitute a major market share
In terms of applications, the market is segregated into bakery, dairy and frozen products, meat industry, beverages, confectionery, and others. The beverages segment is expected to account for a key share of the market during the forecast period owing to food acidulants are majorly used as preservatives in beverage industry. Increasing demand for nutrition and functional enhancing beverages is expected to spur the market expansion. Innovations in the beverage industry and growing health consciousness trend have led to development of ingredients including food acidulants.
Segments
Segments Covered in the Report
The Brazil food acidulants market has been segmented on the basis of
Types
- Lactic Acid
- Phosphoric Acid
- Citric Acid
- Others
Applications
- Bakery
- Dairy and Frozen Products
- Meat Industry
- Beverages
- Confectionery
- Others
Country
Key Players
- ADM
- Cargill Incorporated
- Kemin Industries, Inc.
- Tate & Lyle
Competitive Landscape
Key players competing in the Brazil food acidulants market include ADM; Cargill Incorporated; Kemin Industries, Inc.; and Tate & Lyle. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
- In November 2018, TorQuest Partners published regarding the purchase of Bartek Ingredients Inc. a specialty chemical producer, which offers services in food and drinks industry.
- In June 2019, Acidulant Company Bartek, improved capacity and expanded its management team to take company into maintenance mode to fuel new growth.
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