Global Organic Acids Market 2018-2019 & 2024 - Growing Consumption of Organic Acids Among Different End-Users is Driving the Market Growt

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Dublin, March 15, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The organic acids market is projected to grow at a CAGR of 6.41% to reach US$21.524 billion by 2024, from US$14.827 billion in 2018. Organic acids are the compounds that posses acidic properties. Growing consumption of organic acids among different end-users is driving the market growth. These acids are widely used in food and beverage, healthcare, and textile industry as they are used as preservative, solvent, washing agent, pH buffers and quenchers. The market is expected to grow at a steady pace owing to increasing propensity towards bio-based organic acids and burgeoning use of these acids in the animal feed. Geographically, Asia Pacific holds a significant share in the market owing to growing chemical industry. This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Major industry players profiled as part of the report are Cargill, Incorporated, BASF SE, The Dow Chemical Company, Eastman Chemical Company, GC Innovation America, Corbion, and Henan Jindan Lactic Acid Technology Co., Ltd., DSM GLOBAL, ACTAGRO, and Merck KGaA. 1.1. Market Overview1.2. Market Definition1.3. Scope of the Study1.4. Currency1.5. Assumptions1.6. Base and Forecast Years Timeline2.1. Research Design2.2. Secondary Sources4.1. Market Segmentation4.2. Market Drivers4.3. Market Restraints4.4. Market Opportunities4.5. Porter's Five Force Analysis4.6. Life Cycle Analysis - Regional Snapshot4.7. Market Attractiveness5.1. Acetic Acid5.2. Formic Acid5.3. Lactic Acid5.4. Propionic Acid5.5. Others6.1. Food & Beverages6.2. Healthcare6.3. Feed6.4. Textile6.5. Others7.1. North America7.1.1. USA7.1.2. Canada7.1.3. Mexico7.1.4. Others7.2. South America7.2.1. Brazil7.2.2. Argentina7.2.3. Others7.3. Europe7.3.1. Germany7.3.2. France7.3.3. United Kingdom7.3.4. Others7.4. Middle East and Africa7.4.1. Saudi Arabia7.4.2. Israel7.4.3. Others7.5. Asia Pacific7.5.1. China7.5.2. Japan7.5.3. India7.5.4. Others8.1. Competition and Offerings Analysis of Key Vendors8.2. Recent Investment and Deals8.3. Strategies of Key Players9.1. Cargill, Incorporated9.2. BASF SE9.3. the Dow Chemical Company9.4. Eastman Chemical Company9.5. GC Innovation America9.6. Corbion9.7. Henan Jindan Lactic Acid Technology Co., Ltd.9.8. Dsm Global9.9. Actagro9.10. Merck For more information about this report visit

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Globe Newswire: 09:57 GMT Friday 15th March 2019

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