The global citric acid market is undergoing a period of steady expansion driven by increasing demand across food & beverages, pharmaceuticals, personal care, and industrial sectors. As a versatile organic acid, citric acid is widely used for its pH regulation, preservative, and chelating properties, making it a key ingredient in a variety of consumer and industrial applications.
Market Size and Outlook
The global demand for citric acid has witnessed consistent growth since 2018, supported by its increasing use in natural preservatives, flavoring agents, eco-friendly cleaning products, and pharmaceutical excipients. With a growing preference for clean-label and bio-based ingredients, the market is projected to maintain a healthy CAGR throughout the 2025-2034 forecast period.
Application Landscape
The largest end-use segment remains Food & Beverages, accounting for the bulk of global demand. Detergents & Cleaners and Personal Care Products are also fast-growing applications due to increased demand for biodegradable and non-toxic ingredients.
Regional Market Insights
Asia-Pacific dominates global demand and supply, led by China, India, and other Southeast Asian countries. Western Europe and North America maintain steady demand, mainly for food grade and pharmaceutical grade citric acid. Central & Eastern Europe, Latin America, and Middle East & Africa are estimated to see moderate growth due to expanding industrial and food processing bases.
Pricing Overview
Citric acid pricing is influenced by several factors, including the cost of raw materials such as corn and sugar, energy prices, environmental regulations, and regional supply-demand dynamics. Recent trends indicate moderate price fluctuations, with medium-term price stability anticipated due to improved supply chain efficiency and planned capacity expansions.
Competitive Landscape
The citric acid industry is moderately consolidated, comprising a mix of global players and regional producers. Key companies operating in the market includes:
Archer-Daniels-Midland Company
Cargill, Incorporated
Tate & Lyle PLC
Jungbunzlauer Suisse
COFCO Biochemical Co., Ltd.
Weifang Ensign Industry Co., Ltd.
Huangshi Xinghua Biochemical Co., Ltd.
Gadot Biochemical Industries Ltd.
Table of Contents
1. Introduction
Scope
Market Coverage
Application
Regions
Countries
Years Considered
Historical - 2018 - 2023
Base - 2024
Forecast Period - 2025 - 2034
Research Methodology
Approach
Research Methodology
Prismane Consulting Market Models
Assumptions & Limitations
Abbreviations & Definitions
Conversion Factors
Data Sources
2. Market Synopsis
Market Evolution
Demand-Supply Overview
Industry Structure
Strategic Issues
End-use Trends
Growth Forecast
3. Economic & Energy Outlook
GDP and Demographics
Monetary & Fiscal Policies
Crude Oil Production and prices
Natural Gas
Electricity Prices
4. End-use Sector Performance
Personal Care
Food & Beverages
Pharmaceuticals
Chemical
Others
5. Capacity (Plants & Projects) Analysis
Capacity, by Company
Capacity, by Country and by Region
Capacity Overview, By Region and Country
6. Introduction to Citric Acid and Market Overview
Product Description
Grades & Properties
Raw Material
Manufacturing Process
Environmental Issues
Value Chain
Applications
7. Market Dynamics and Industry Trends
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
8. Global Citric Acid Demand-Supply Analysis, By Application (Volume, Value) (2018 - 2034)
Strategic Issues
Demand-Supply Analysis and Forecast (2018 - 2034)
Capacity
Capacity Utilization (%)
Production
Imports
Exports
Net Exports
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Citric Acid Market, By Application
Food & Beverages
Detergents & Cleaners
Personal Care Products
Pharmaceuticals
Industrial
Others
9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018 - 2034)
Strategic Issues
Capacity
Capacity Utilization (%)
Production
Imports
Exports
Net Exports
Demand
Demand Growth Rate (%)
Citric Acid Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by application has been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).
North America
USA
Canada
Mexico
Western Europe
Germany
France
Italy
United Kingdom
Spain
Rest of Western Europe
Central & Eastern Europe
Russia
Poland
Rest of Central & Eastern Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Central & South America
Middle East & Africa
Note: CAGR will be calculated for all application to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)
10. Pricing Analysis
Average Citric Acid Prices, USD/Kg
Average prices, by region
Price Forecast
11. Key Strategic Issues
12. Business Opportunity Assessment
Market Attractiveness Assessment
Prospective & Target Market Study
13. Strategic Recommendation & Suggestions
14. Company Analysis
Citric Acid Manufacturers Profiles/ Company Analysis
Basic Details
Headquarter, Key Markets
Ownership
Company Financial
Manufacturing Bases
Global Turnover
Total Employee
Product Portfolio / Services / Solutions
Key Business Strategies adopted and Prismane Consulting Overview
Recent Developments
Companies Covered -
Archer-Daniels-Midland Company
Cargill Incorporated
Tate & Lyle PLC
Jungbunzlauer Suisse
COFCO Biochemical Co., Ltd.
Huangshi Xinghua Biochemical Co.Ltd
Weifang Ensign Industry Co., Ltd.
Gadot Biochemical Industries Limited
Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.