Key Trends Shaping the Organic Acids Market
The global organic acids market was valued at USD 8.27 billion in 2016 and is projected to reach USD 11.39 billion by 2022, at a CAGR of 5.5% during the forecast period. The market is growing due to wide scale usage of organic acids in various applications such as food & beverages, personal care products, and pharmaceuticals. Growing demand for convenience food and technological innovations,...
Organic Acids Market: Growth, Trends, Analysis, and Forecast to 2022
The organic acids market is estimated to be valued at USD 8.72 billion in 2017 and is projected to reach USD 11.39 billion by 2022, at a CAGR of 5.48%. The organic acids market is experiencing strong growth, which is mainly attributed to the rise in demand from its end-user applications in the biodegradable polymer, pharmaceutical, and personal care industries. Organic acids act as antioxidants, emulsifiers,...