| Product Name | Citric Acid |
| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Citric Acid Prices: https://www.procurementresource.com/resource-center/citric-acid-price-trends/pricerequest
The citric acid (citrate) is basically a weak acid, which is formed in the tricarboxylic acid cycle. Citric acid is utilised as an excipient in pharmaceutical preparations simply because of its antioxidant properties. In addition, it is found in citrus fruits and is known for the stability of its active ingredients, and thus, is widely utilised as a preservative. The chemical formula of citric acid is C6H8O7, and its molecular weight is 192.12 g/mol. Citric acid is produced through submerged fermentation, surface fermentation, and solid-state fermentation.
The leading exporters in the market of citric acid are Austria, Belgium, Thailand, and China. On the other hand, the top importers are the United States, Mexico, Italy, and India.
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 prices, 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:
The major Industrial uses of Citric Acid that are impacting the price trend are the manufacturing of detergent, leather tanning, electroplating, and as a preservative in various food products. Citric acid is also employed in pharmaceuticals, dietary supplements, reducing agents, antioxidants, and in the cosmetic and personal care industry.
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
News and Events:
- April 2021: Jungbunzlauer’s current citric acid plant in Port Colborne, Canada, was substantially expanded further. The expansion strategy intended to satisfy the continually high and rising global demand for citric acid and citrates as biodegradable components.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
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 track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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