Asia Pacific Acidity Regulators Market By Types (Citric Acid, Phosphoric Acid, Acetic Acid, Maleic Acid, Lactic Acid), Applications (Beverages, Bakery & Confectionery, Sauces, Condiments, & Dressings)
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The Asia Pacific Acidity Regulators Market is expected to register a CAGR of 8.6% during the forecast period (2017 - 2023). Growth in food & beverages industry in countries such as China and India has been driving the demand for acidity regulators in these countries. The primary use of acidity regulators is in the food & beverages industry. These regulators are mainly used to give sour flavor to the food.
The product has its wide adoption in bakery items, confectioneries, processed foods, salad dressings, condiments, sauces, and beverages. Acidity regulators are used in bulk in the production of food and related items. Increase in the income level of consumers has allowed them to spend on buying food & beverages. Additionally, innovation of new products with nutritious ingredients is also contributing to the growth of acidity regulators market.
The market has been segmented on the basis of products, applications, and Country. Based on Products, the market is segmented into citric acid, phosphoric acid, acetic acid, maleic acid, and lactic acid. Based on Application, the market is segmented into Confectionery, Bakery, Processed Food, Sauces, Condiments, and Dressings, and Beverages.
Based on Country, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific. The key players operating in the acidity regulator market are Archer Daniels Midland Company (Wild Flavors), Junbunzlauer, ATP Group, Celrich Products Pvt Ltd, Chemelco International B.V., F.B.C Industries Inc., Fuerst Day Lawson Ltd., and Mylan N.V. (Bertek Ingredient Incorporation).