(PharmaNewsWire.Com, September 29, 2017 ) According to the report “Latin America Acidity Regulators Market by Product Type (Lactic Acid, Citric Acid, Acetic Acid, Malic Acid, Phosphoric Acid), by Application (Sauces, Dressings & Condiments, Beverages, Processed Food, Bakers & Confectionery), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, The Latin America Acidity Regulators Market had a market value of USD 0.54 billion in 2016 and is forecasted to exhibit a CAGR of 8.06% and reach USD 0.8 billion by 2021.
The Latin America Acidity Regulators market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the rise in people’s awareness regarding the health issues related to nutrition deficiency and food safety. Thus, there has been a sudden rise in the market share of acidity regulators recently.
Acidity Regulators are a significant component of the industry of food additives. Food acidity regulators are responsible in providing them with an acidic medium, which helps in increasing the shelf life of the products and also for food flavouring. They are also used like preservative to avoid cases of microbial activity in food products.
Rising demand for food & beverages as well as food safety, among consumers has been the driving force for the market over recent years. Other factors helping the growth of the market include increasing focus on health and nutrition, finally the impact of modern technology, shift of demand towards sauces, dressings and condiments and emerging value added products in the market. On the other side, there are few factors which hinder the growth of the market. These are, the market being flooded by the low cost suppliers and also the possibility of ill effects on health. Such factors have been holding back the market from reaching its potential.
The Latin America Acidity Regulators market is broadly classified on the basis of type and application. The segmentation on the basis of type is done under acetic acid, lactic acid, malic acid, phosphoric acid and citric acid. On the basis of application, the market is categorized into processed foods, beverages, sauces, dressing & condiments as well as bakers & confectionery. Citric acid accounted for almost half of the market share under type whereas based on applications processed foods are expected to show the fastest growth in upcoming years. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Among various big companies in the Acidity Regulators market, the major ones are: • American Tartaric Products Inc. • Brenntag Pacific Inc. • H Plus Ltd. • Cargill Incorporated • Bartek Ingredients Inc. • Fbc Industries Inc. • Fuerst Day Lawson Ltd. • Fosfa Chemicals • Hawkins Watts Ltd. • Merko Group LLC.
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