China Citric Acid Market Report by Application (Food and Beverages, Household Detergents and Cleaners, Pharmaceuticals, and Others), Form (Anhydrous, Liquid), and Region 2024-2032

China Citric Acid Market Report by Application (Food and Beverages, Household Detergents and Cleaners, Pharmaceuticals, and Others), Form (Anhydrous, Liquid), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4563
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Market Overview:

The China citric acid market size reached 348,000 Tons in 2023. Looking forward, IMARC Group expects the market to reach 486,000 Tons by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
348,000 Tons
Market Forecast in 2032
486,000 Tons
Market Growth Rate 2024-2032 3.7%


Citric acid is a weak organic tricarboxylic acid that is generally found in citrus fruits, such as lemon, oranges, grapefruits, and pomelos. Soluble in water, dimethyl sulfoxide, alcohol and ethyl acetate, it is commonly utilized in the food industry as a flavoring and preserving agent. It is also utilized for a vast array of industrial purposes, such as providing pH adjustment, controlling the growth of microorganisms, and manufacturing medicines, personal care products, and cosmetics. Additionally, it is also used in the formulation of numerous medicines and health supplements as it aids in improving metabolism and enhancing nutrient absorption in the body.

The market in China is primarily driven by significant growth in the pharmaceutical industry. Along with this, multiple key players across the region are engaging in merger and acquisitions (M&A) activities to create numerous growth opportunities in the market. Apart from this, the widespread adoption of citric acid in the manufacturing of household cleaners, including detergents, dish soaps, and rust remover products, is also creating a positive outlook for the market across the country. Some of the other factors contributing to the market growth include significant growth in the food and beverage industry and extensive research and development (R&D) activities.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the China citric acid market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on application and form.

Breakup by Application:

  • Food and Beverages
  • Household Detergents and Cleaners
  • Pharmaceuticals
  • Others
     

Breakup by Form:

  • Anhydrous
  • Liquid
     

Breakup by Region:

  • North and Northeast
  • Northwest
  • East
  • South Central
  • Southwest


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units ‘000 Tons
Segment Coverage Application, Form, Region
Region Covered North and Northeast, Northwest, East, South Central, Southwest
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The China citric acid market reached a volume of 348,000 Tons in 2023.

We expect the China citric acid market to exhibit a CAGR of 3.7% during 2024-2032.

The expanding pharmaceutical industry, along with the growing utilization of citric acid in the formulation of numerous medicines and health supplements, is primarily driving the China citric acid market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across China, resulting in the temporary closure of numerous end-use industries for citric acid.

Based on the application, the China citric acid market can be segmented into food and beverages, household detergents and cleaners, pharmaceuticals, and others. Among these, the food and beverage sector currently accounts for the majority of the total market share.

Based on the form, the China citric acid market can be categorized into anhydrous and liquid. Currently, anhydrous form represents the largest market share.

On a regional level, the market has been classified into North and Northeast, Northwest, East, South Central, and Southwest, where Southwest currently dominates the China citric acid market.

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China Citric Acid Market Report by Application (Food and Beverages, Household Detergents and Cleaners, Pharmaceuticals, and Others), Form (Anhydrous, Liquid), and Region 2024-2032
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