Citric Acid Prices: News, Market Analysis, Historical And Forecast, Database, Chart | Provided by Procurement Resource

 Citric acid is a weak organic acid found in citrus fruits such as lemons, limes, oranges, and grapefruits. It is a white crystalline powder with a sour taste that is often used as a flavour enhancer, preservative, and pH adjuster in food.

It is a white crystalline powder that is water and alcohol-soluble. It has a sour flavour and a little citrus aroma. It melts at around 153°C (307°F). It dissolves easily in water and forms clear solutions.

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It has a density of 1.66 g/cm3. Citric acid has a molecular weight of 192.12 g/mol.

Key Details About the Citric Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Citric Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Citric Acid Price chart, including India’s Citric Acid Price USA’s Citric Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Citric Acid Price Trend:

Citric acid is frequently used as a food additive in the food and beverage industries to improve the flavour, tartness, and acidity of food products. It is also used as a preservative to keep food fresh and extend its shelf life.

It is used as an excipient in the formulation of medicines and as a buffering agent to adjust the pH of drugs in the pharmaceutical industry.

Owing to its propensity to chelate metal ions and dissolve mineral deposits, it is used in a variety of cleaning products, including dishwasher detergents, toilet bowl cleaners, and descalers.

It is utilised as a pH adjuster and to boost the efficiency of other components in cosmetics and personal care products.

It is used in water treatment to lower hardness by chelating metal ions, hence preventing scaling and corrosion in water systems. It is also used as a mordant in the textile industry to increase dye uptake by materials.

It is used as a starting material in the chemical industry to make other compounds such as citrate esters, citral, and acetone citrate.

Key Players:

• Archer Daniels Midland Company (ADM)
• Moellhausen S.P.A
• Cargill
• Incorporated
• Tate & Lyle PLC
• Jungbunzlauer Suisse AG
• COFCO Biochemical (Anhui) Co., Ltd
• S.A. Citrique Belge N.V
• Acros Organics

News and Events:

• June 2022: Jungbunzlauer, a significant leader in the citric acid industry, will launch Mono magnesium citrate, a new product. It is a monobasic magnesium salt with a 1:1 molar ratio that is largely utilised as a mineral source in dietary supplements, functional foods, and beverages. Mono magnesium citrate is the recommended magnesium salt for mineral-fortified beverage powders due to its pleasantly acidic taste and high solubility. With this new product, Jungbunzlauer hopes to meet the rising demand for functional food components that provide consumers with additional nutritional advantages in addition to a delicious taste.

Read Also: https://procurementresource.blogspot.com/2023/05/carboxymethyl-cellulose-manufacturing.html

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