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Citric Acid is basically a weak organic acid. It is primarily found in lemons, limes, oranges, and grapefruits. It is soluble in both water and alcohol.
The chemical formula of citric acid is C6H8O7, and its molecular weight is 192.12g/mol. It is a white crystalline powder and has a sour flavour.
The density of citric acid is 1.66 g/cm3. It has a little citrus aroma. It is produced through surface fermentation, submerged fermentation, and solid-state fermentation.
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China, Australia, Thailand, Belgium, and Canada are the leading citric acid-producing countries around the world.
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 primarily employed as a food additive in the food and beverage industries as it helps in improving the tartness, flavour, and acidity of food products. It also helps in keeping the food fresh and enhances its shelf life.
It is utilised in various cleaning products such as dishwasher detergents, toilet bowl cleaners, and descalers. It is also used as a buffering agent in the pharmaceutical industries.
It also finds its application as a PH adjuster and helps in boosting efficiency in personal care products and cosmetics.
Additionally, it is employed in the production of 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
- Ing. Petr Švec - PENTA s.r.o, Hemadri Chemicals
Recent News
- 28 February 2023: Due to the absence of imports of citric acid, the prices of citric acid are predicted to increase. The United States market is expanding prices because the product has been failing for the previous months.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
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