Citric Acid is a weak organic tricarboxylic acid with the formula of C6H8O7. I can occur naturally in citrus fruits. In biochemistry it is an intermediate in the citric acid cycle, that emerge in the metabolism of all aerobic organisms. The demand in manufacturing keeps growing because of several reasons:

• It has several uses in the Food and Beverage industry: can be used as an acidifier, as a flavoring agent or as a chelating agent
• The global market of Citric Acid is driven by the extensive usage besides Food and Beverage manufacturing, as well in industrial (Personal Care, Detergent, Cleansers and Textile) and Pharmaceuticals. The expansion of its usage in these industries anticipates a boost in the growth of the demand in the projected 2020-2025 period.
• Citric Acid make it viable solution to several toxic substances used in manufacturing especially for household purposes. The increase of the need of detergents and cleaners will be directly correlated with the increase of manufacturing, thus the increase on Citric Acid demand.

 

• Till this moment Asia Pacific dominated the global capacity accounted for more than 67% of global citric acid market in 2016, but the biggest consumption of the products is Europe and North America. This gives an open opportunity for any new player to target the neighboring countries and increasing the share as a Global Citric Acid supplier.
• Industrialization is rapidly growing in a large-scale for cosmetics and pharmaceuticals this raw material can be an intermediate chemical in several processes.
• The increase of healthcare awareness and the expenditure coupled with the rising number of ailments worldwide is expected to augment the demand for pharmaceuticals and is projected to progress in tandem with the development of the pharmaceutical sector.