Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Form (Liquid, Powder), By Application (Pharmaceutical, Food & beverages, Others) And Competitive Landscape
Product Code: ETC079406 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Citric Acid MarketΒ is likely to witness growth over the upcoming years. The Citric acid market in Latin America is driven by factors like the wide applicability of citric acid as an acidulant, emulsifier, preservative, sequestrate, flavouring, and buffering agent in various products of non-food and food industries. Also, the rising applications of citric acid in detergents and cleansers for their biodegradability and other eco-friendly properties are also key driving factors of the market. The increased application of citric acid in manufacturing process is expected to be another growth proliferator for the product market in the coming years owing to the rising growth prospects for candies, softies and other frozen confectioneries.
According to 6Wresearch, Latin America Citric Acid Market is anticipated to register growth during 2021-27. Based on countries, Brazil is expected to hold the Citric Acid Market revenue share in Latin America. Moreover, the global COVID-19 pandemic had a major impact on the citric acid market. The outbreak of the COVID-19 has fuelled the market demand as the virus is infecting individuals with lower immunity, whereas citric acid helps in boosting immunity.
In terms of application, the market is segmented into Food & beverages, Pharmaceuticals, and Others. Out of which, Food & beverages segment is dominating the market with around three-fourths of the share and is also expected to boost in the coming years due to the extensive use of the product. Based on form, the Citric Acid market segmentation is done under Powder and Liquid. Amongst these, the powder segment is holding a major revenue share in the Citric Acid market as it is highly used in beverages and food applications for flavouring and preservation.
Latin America Citric Acid Market report thoroughly covers the market by form, applications, and countries including Brazil, Mexico, Argentina, Chile, Peru and the rest of Latin America. Latin America Citric Acid Market outlook report provides an unbiased and detailed analysis of the ongoing Latin America Citric acid market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Citric Acid Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Citric Acid Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Citric Acid Market - Industry Life Cycle |
3.4 Latin America Citric Acid Market - Porter's Five Forces |
3.5 Latin America Citric Acid Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Citric Acid Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.7 Latin America Citric Acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Latin America Citric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Citric Acid Market Trends |
6 Latin America Citric Acid Market, 2017 - 2027 |
6.1 Latin America Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
6.2 Latin America Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
7 Brazil Citric Acid Market, 2017 - 2027 |
7.1 Brazil Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
7.2 Brazil Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Mexico Citric Acid Market, 2017 - 2027 |
8.1 Mexico Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
8.2 Mexico Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Argentina Citric Acid Market, 2017 - 2027 |
9.1 Argentina Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
9.2 Argentina Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Latin America Citric Acid Market, 2017 - 2027 |
10.1 Rest of Latin America Citric Acid Market, Revenues & Volume, By Form, 2017 - 2027 |
10.2 Rest of Latin America Citric Acid Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Latin America Citric Acid Market Key Performance Indicators |
12 Latin America Citric Acid Market - Opportunity Assessment |
12.1 Latin America Citric Acid Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Citric Acid Market Opportunity Assessment, By Form, 2020 & 2027F |
12.3 Latin America Citric Acid Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Latin America Citric Acid Market - Competitive Landscape |
13.1 Latin America Citric Acid Market Revenue Share, By Companies, 2020 |
13.2 Latin America Citric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |