有機酸市場規模、シェア、動向、2030年までの世界予測

Organic Acids Market - Global Forecast To 2030

Organic Acids Market by Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid), Application (Food & Beverages, Feed, Industrial, Pharmaceutical, Agriculture), Source, Form, Function, and Region - Global Forecast to 2030

商品番号 : SMB-92095

出版社MarketsandMarkets
出版年月2025年12月
ページ数308
図表数350
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

有機酸市場 – 種類(酢酸、クエン酸、ギ酸、乳酸、プロピオン酸)、用途(食品・飲料、飼料、工業、医薬品、農業)、供給源、形態、機能、地域別 – 2030年までの世界予測

有機酸市場は、2025年には151億5,000万米ドルに達すると推定され、2030年には195億4,000万米ドルに達すると予測されており、予測期間中は年平均成長率(CAGR)5.2%で成長します。市場の拡大は、特に食品、飲料、動物栄養分野における天然、バイオベース、クリーンラベル原料の需要の高まりに牽引されています。消費者の健康と持続可能性に対する意識の高まりと、環境に配慮した製造プロセスへの移行が相まって、世界的な導入を促進しています。さらに、バイオ発酵や循環型生産モデルなどの技術革新、そして欧州や北米などの地域における支援的な規制枠組みが、市場の成長を後押ししています。企業が低炭素で再生可能な生産方法への投資を増やすにつれ、有機酸業界は、より広範なバイオベース化学品市場において、持続可能な成長とイノベーションの重要な推進力として浮上しています。

調査範囲

本調査レポートは、有機酸市場を種類(酢酸、クエン酸、ギ酸、乳酸、プロピオン酸、アスコルビン酸、グルコン酸、フマル酸、リンゴ酸など)、用途(食品・飲料、飼料、医薬品、工業、農業)、原料(バイオベースおよび合成)、形態(乾燥および液体)、機能(酸味料、保存料、風味増強剤、抗酸化剤、pH調整剤)、地域別に分類しています。本レポートは、有機酸市場の成長に影響を与える主要な要因(促進要因、制約要因、課題、機会など)に関する詳細な情報を網羅しています。主要業界プレーヤーの詳細な分析により、各社の事業概要、ソリューション、サービス、主要戦略、契約、パートナーシップ、合意に関する洞察を提供しています。本調査には、新製品・新サービスの発売、合併・買収、有機酸市場に関連する最近の動向も含まれています。また、有機酸市場エコシステムにおける新興スタートアップ企業の競合分析も含まれています。

このレポートを購入する理由

本レポートは、有機酸全体および各サブセグメントの収益数値の近似値に関する情報を提供し、市場リーダーおよび新規参入企業にとって役立ちます。また、ステークホルダーが競争環境を理解し、事業のポジショニングを改善し、適切な市場開拓戦略を策定するための洞察を深めるのに役立ちます。さらに、本レポートは、ステークホルダーが市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのに役立ちます。

本レポートは、以下の点について洞察を提供します。

  • 種類、供給源、用途別の詳細なセグメンテーション:本レポートは、有機酸市場を種類(酢酸、クエン酸、ギ酸、乳酸、プロピオン酸、アスコルビン酸、グルコン酸、フマル酸、リンゴ酸など)、用途(食品・飲料、飼料、医薬品、工業、農業)、供給源(バイオベースおよび合成)、形態(乾燥および液体)、機能(酸味料、保存料、風味増強剤、抗酸化剤、pH調整剤)別に分類し、詳細な分析を提供しています。このような詳細なセグメンテーションにより、関係者は高成長分野を特定し、製品開発を最適化し、サプライチェーン全体にわたって戦略的に製品を位置付けることができます。
  • 新興市場に焦点を当てた地域別インサイト:本レポートは、地域レベルおよび国レベルの詳細な分析を提供し、アジア太平洋地域や南米といった急成長市場における成長機会に焦点を当てています。様々な業界における有機酸の導入に影響を与える地域政策、規制枠組み、需要動向を検証しています。さらに、バイオベース化学品の生産を促進する投資動向や政府の取り組みについても概説しており、これらの潜在的可能性の高い地域における事業拡大、製造の現地化、あるいは市場プレゼンスの強化を目指す企業にとって貴重な知見を提供しています。
  • 競争力情報とイノベーション展望:BASF SE、Corbion N.V.、Cargill Incorporated、Kemin Industriesといった主要企業の包括的なプロファイルを掲載し、各社の戦略的動きと技術革新を詳細に解説しています。本レポートでは、新製品の発売、生産能力の拡大、合併・買収(M&A)、研究開発イニシアチブなどの主要な動向を追跡しており、ステークホルダーが業績をベンチマークし、有機酸市場を形成する新たなイノベーショントレンドを特定するのに役立ちます。
  • データ主導の手法に基づく需要予測:2030年までの市場規模の推定と成長予測は、専門家の助言と公式貿易データによって検証された、堅牢なトップダウンおよびボトムアップ分析アプローチを用いて導き出されています。これらの予測は、世界の有機酸業界における戦略的投資計画、生産拡大、長期的な機会評価のための信頼できる知見を提供します。

Report Description

The organic acids market is estimated to be valued at USD 15.15 billion in 2025 and is projected to reach USD 19.54 billion by 2030, growing at a CAGR of 5.2% during the forecast period. The market’s expansion is driven by rising demand for natural, bio-based, and clean-label ingredients, particularly in the food, beverage, and animal nutrition sectors. Growing consumer awareness of health and sustainability, coupled with the shift toward eco-friendly manufacturing processes, is propelling adoption globally. Moreover, technological innovations, such as bio-fermentation and circular production models, along with supportive regulatory frameworks in regions like Europe and North America, are enhancing market growth. As companies increasingly invest in low-carbon and renewable production methods, the organic acids industry is emerging as a key enabler of sustainable growth and innovation within the broader bio-based chemicals landscape.

有機酸市場規模、シェア、動向、2030年までの世界予測
Organic Acids Market – Global Forecast To 2025

“The livestock application segment is estimated to witness a significant share during the forecast period.”

The livestock segment is projected to have a significant share in the global organic acids market, driven by their extensive use as feed acidifiers, preservatives, and performance enhancers in animal nutrition. Organic acids such as formic, lactic, citric, and propionic acids play a crucial role in maintaining optimal gut health, improving nutrient absorption, and preventing microbial contamination in feed. The market is witnessing strategic advancements and product innovations aimed at supporting antibiotic-free and sustainable animal production. In January 2025, Cargill Incorporated launched a new organic-acid-based feed additive in the Asia Pacific region to enhance poultry gut health and feed efficiency. Similarly, in June 2024, Kemin Industries introduced FORMYL™, an advanced acidifier combining encapsulated calcium formate and citric acid to reduce pathogen load in swine. These developments highlight the pivotal role of organic acids in promoting animal performance, feed quality, and overall livestock productivity.

有機酸市場規模、シェア、動向、2030年までの世界予測 - by type
Organic Acids Market – Global Forecast To 2025 – by type

“The dry formulation segment is estimated to maintain robust growth.”

Dry forms of organic acids are gaining strong preference across food, feed, and agriculture applications due to their extended shelf life, ease of handling, and excellent compatibility with automated manufacturing and feeding systems. Their solid-state stability minimizes contamination risks, making them well-suited for integration into smart and closed-loop production environments. This demand is particularly high in the bakery, confectionery, and processed food industries, where dry organic acids help maintain product freshness, enhance flavor, and ensure microbial stability without the need for synthetic preservatives. Additionally, the dry form supports cost-effective storage and transportation, eliminating the need for specialized cold chains and improving logistical efficiency. As the global shift toward natural, clean-label, and sustainable ingredients accelerates, the dry organic acids segment is poised for steady growth. Technological advancements in encapsulation and controlled-release formulations are further enhancing their effectiveness, driving adoption across diverse sectors seeking efficient, stable, and eco-friendly solutions for food preservation and feed enhancement.

有機酸市場規模、シェア、動向、2030年までの世界予測 - 地域
Organic Acids Market – Global Forecast To 2025 – region

“Europe is estimated to grow at the second-highest CAGR in the organic acids market.”

Europe is estimated to grow at the second-highest CAGR in the global organic acids market during the forecast period, driven by expanding industrial applications, a strong focus on sustainability, and increased investments in bio-based chemical production. Major European players, such as BASF SE and Corbion N.V., are leading this transformation through innovations in low-carbon and circular manufacturing. BASF’s launch of Propionic Acid ZeroPCF in September 2022, featuring a cradle-to-gate carbon footprint of zero, underscores the region’s commitment to renewable raw materials and energy. Similarly, Corbion’s circular lactic acid plant in Thailand, announced by its Netherlands-based parent company, reflects Europe’s technological leadership in developing low-emission production models. The growing demand for organic acids in food, feed, and pharmaceutical industries, coupled with supportive policies under the European Green Deal, is propelling the region’s transition toward sustainable production. Additionally, the shift from petrochemical to fermentation-based processes positions Europe as a hub for eco-efficient organic acid manufacturing, solidifying its role as a key contributor to the market’s global expansion.

In-depth interviews were conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the organic acids market:

  • By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
  • By Designation: Directors – 20%, Managers – 50%, Executives – 30%
  • By Region: North America – 25%, Europe – 30%, Asia Pacific – 20%, South America – 15%, and Rest of the World (Middle East and Africa) – 10%
有機酸市場規模、シェア、動向、2030年までの世界予測 - 対象企業
Organic Acids Market – Global Forecast To 2025 – ecosystem

Prominent companies in the market include BASF SE (Germany), Cargill, Incorporated (US), Archer Daniels Midland Company (US), Celanese Corporation (US), Eastman Chemical Company (US), Corbion (Netherlands), Tate & Lyle PLC (UK), Koninklijke DSM N.V. (Netherlands), Henan Jindan Lactic Acid Technology Co., Ltd. (China), Myriant Corporation (US), Jungbunzlauer Suisse AG (Switzerland), and The Dow Chemical Company (US).

Research Coverage

This research report categorizes the organic acids market by type (acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, malic acid, and others), application (food & beverages, feed, pharmaceutical, industrial, and agriculture), source (bio-based and synthetic), form (dry and liquid), function (acidulant, preservative, flavor enhancer, antioxidants, and pH control agents), and region. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the organic acids market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, and agreements. The study includes new product & service launches, mergers & acquisitions, and recent developments associated with the organic acids market. This report also includes a competitive analysis of emerging startups in the organic acids market ecosystem.

Reasons to buy this report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall organic acids and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following pointers:

  • In-depth Segmentation across Type, Source, and Application: This report offers an in-depth analysis of the organic acids market, categorizing it by type (acetic acid, citric acid, formic acid, lactic acid, propionic acid, ascorbic acid, gluconic acid, fumaric acid, malic acid, and others), application (food & beverages, feed, pharmaceutical, industrial, agriculture), source (bio-based and synthetic), form (dry and liquid), function (acidulant, preservative, flavor enhancer, antioxidants, and pH control agents). Such detailed segmentation enables stakeholders to pinpoint high-growth areas, optimize product development, and strategically position offerings along the supply chain.
  • Region-specific Insights with Focus on Emerging Markets: The report delivers in-depth regional and country-level analysis, highlighting growth opportunities in fast-expanding markets such as the Asia Pacific and South America. It examines regional policies, regulatory frameworks, and demand dynamics influencing the adoption of organic acids across various industries. Additionally, the study outlines investment trends and government initiatives promoting bio-based chemical production, offering valuable insights for companies aiming to expand, localize manufacturing, or strengthen their market presence in these high-potential regions.
  • Competitive Intelligence and Innovation Landscape: Comprehensive profiles of key players such as BASF SE, Corbion N.V., Cargill Incorporated, and Kemin Industries are included, detailing their strategic moves and technological innovations. The report tracks major developments, including new product launches, capacity expansions, mergers & acquisitions, and R&D initiatives, enabling stakeholders to benchmark performance and identify emerging innovation trends shaping the organic acids market.
  • Demand Forecasts Backed by Data-driven Methodologies: Market size estimations and growth projections up to 2030 are derived using robust top-down and bottom-up analytical approaches, validated through expert consultations and official trade data. These forecasts offer reliable insights for strategic investment planning, production expansion, and long-term opportunity assessment within the global organic acids industry.

Table of Contents

1               INTRODUCTION              28

1.1           STUDY OBJECTIVES       28

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   29

1.3.1        MARKET SEGMENTATION AND REGIONS COVERED                 29

1.3.2        INCLUSIONS AND EXCLUSIONS 30

1.3.3        YEARS CONSIDERED      30

1.4           UNITS CONSIDERED      31

1.4.1        CURRENCY CONSIDERED            31

1.5           STAKEHOLDERS               31

1.6           SUMMARY OF CHANGES               32

2               EXECUTIVE SUMMARY  33

3               PREMIUM INSIGHTS       38

3.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ORGANIC ACIDS MARKET            38

3.2           ORGANIC ACIDS MARKET: SHARE OF MAJOR REGIONAL SUBMARKETS    39

3.3           ASIA PACIFIC: ORGANIC ACIDS MARKET, BY APPLICATION AND COUNTRY   39

3.4           ORGANIC ACIDS MARKET, BY APPLICATION AND REGION                40

3.5           ORGANIC ACIDS MARKET, BY FORM       41

3.6           ORGANIC ACIDS MARKET, BY SOURCE  41

3.7           ORGANIC ACIDS MARKET, BY TYPE         42

4               MARKET OVERVIEW       43

4.1           INTRODUCTION              43

4.2           MARKET DYNAMICS       44

4.2.1        DRIVERS               44

4.2.1.1    Multifunctional roles and applications of organic acids in food safety and quality 44

4.2.1.2    Rising health consciousness                45

4.2.1.3    Growing use of sustainable formic acid in animal feed preservation           45

4.2.2        RESTRAINTS      45

4.2.2.1    Regulatory compliance and labeling requirements          45

4.2.2.2    Increased transportation and logistics expenses              46

4.2.3        OPPORTUNITIES              46

4.2.3.1    Emergence of organic acids in personal care and cosmetic formulations          46

4.2.3.2    Innovations in technologies and wide industry scope     46

4.2.4        CHALLENGES    47

4.2.4.1    Maintaining consistent product quality due to fermentation variability               47

4.2.4.2    Intense competition from large-scale chemical manufacturers offering low-cost synthetic acids        47

4.3           UNMET NEEDS AND WHITE SPACES       47

4.3.1        INTRODUCTION              47

4.3.2        EMERGING GAPS AND INNOVATION WHITE SPACES                 48

4.3.2.1    Inconsistent fermentation performance at commercial scale                 48

4.3.2.2    Overdependence on food-grade feedstocks and limited alternative inputs 48

4.3.2.3    High cost and energy intensity of downstream purification                 49

4.4           INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES              49

4.4.1        AGRICULTURE AND FOOD PROCESSING              49

4.4.2        PHARMACEUTICALS AND HEALTHCARE               50

4.4.3        INDUSTRIAL CHEMICALS AND MATERIALS         50

4.5           STRATEGIC MOVES BY TIER-1/2/3 PLAYERS        50

4.5.1        STRATEGIC MOVES BY KEY PLAYERS      51

5               INDUSTRY TRENDS         52

5.1           INTRODUCTION              52

5.2           PORTER’S FIVE FORCES ANALYSIS           52

5.2.1        INTENSITY OF COMPETITIVE RIVALRY 54

5.2.2        BARGAINING POWER OF SUPPLIERS       54

5.2.3        BARGAINING POWER OF BUYERS             54

5.2.4        THREAT OF SUBSTITUTES          54

5.2.5        THREAT OF NEW ENTRANTS      55

5.3           MACROECONOMIC INDICATORS              55

5.3.1        GROWTH IN GLOBAL POPULATION AND FOOD DEMAND             55

5.3.2        STABLE GLOBAL GDP GROWTH AND MACRO PROJECTIONS   56

5.4           SUPPLY CHAIN ANALYSIS             56

5.5           VALUE CHAIN ANALYSIS               57

5.6           ECOSYSTEM ANALYSIS  59

5.6.1        DEMAND SIDE  59

5.6.2        SUPPLY SIDE     59

5.7           PRICING ANALYSIS          60

5.7.1        AVERAGE SELLING PRICE TREND OF ORGANIC ACIDS, BY TYPE               62

5.7.2        AVERAGE SELLING PRICE TREND OF ORGANIC ACIDS, BY REGION         63

5.8           TRADE ANALYSIS             64

5.8.1        TRADE ANALYSIS OF ORGANIC ACIDS   64

5.8.1.1    Export trends of acetic acids under HS code 291521 (2020–2024)                 64

5.8.1.2    Import trends of acetic acids under HS code 291521 (2020–2024)                 65

5.8.1.3    Export trends of formic acids under HS code 291511 (2020–2024)      67

5.8.1.4    Import trends of formic acids under HS code 291511 (2020–2024)      68

5.9           KEY CONFERENCES AND EVENTS, 2026  70

5.10         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            71

5.11         INVESTMENT AND FUNDING SCENARIO               72

5.12         CASE STUDY ANALYSIS 72

5.12.1      JUNGBUNZLAUER INSTALLED LARGE-SCALE INDUSTRIAL HEAT PUMPS THAT CAPTURE EXCESS HEAT FROM FERMENTATION              72

5.12.2      DOW PARTNERED WITH KEMIN INDUSTRIES AND ADESCO NUTRICINES TO CONDUCT GATE-TO-GATE LIFE CYCLE ASSESSMENT      73

5.13         IMPACT OF 2025 US TARIFF – ORGANIC ACIDS MARKET                 73

5.13.1      INTRODUCTION              73

5.13.2      KEY TARIFF RATES          74

5.13.3      PRICE IMPACT ANALYSIS             74

5.13.4      IMPACT ON COUNTRY/REGION                75

5.13.4.1  US           75

5.13.4.2  European Union   75

5.13.4.3  China      76

5.13.5      IMPACT ON END-USE INDUSTRIES          76

6               TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS 77

6.1           INTRODUCTION              77

6.2           KEY EMERGING TECHNOLOGIES              77

6.3           COMPLEMENTARY TECHNOLOGIES       78

6.4           TECHNOLOGY/PRODUCT ROADMAP    78

6.5           PATENT ANALYSIS          78

6.5.1        LIST OF MAJOR PATENTS             80

6.6           FUTURE APPLICATIONS               83

6.7           IMPACT OF AI/GEN AI ON ORGANIC ACIDS MARKET                 83

6.7.1        TOP USE CASES AND MARKET POTENTIAL          84

6.7.2        CASE STUDIES ON AI IMPLEMENTATION IN ORGANIC ACIDS MARKET 85

6.7.2.1    Using Gen AI to enable proper extraction conditions    85

6.7.2.2    AI transforms bioreactor sensor data into dynamic videos showing microbial growth   85

6.7.3        INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS  86

6.7.4        CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN ORGANIC ACIDS MARKET            86

6.8           SUCCESS STORIES AND REAL-WORLD APPLICATIONS                 87

7               SUSTAINABILITY AND REGULATORY LANDSCAPE                 88

7.1           INTRODUCTION              88

7.2           REGIONAL REGULATIONS AND COMPLIANCE   88

7.2.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             88

7.2.2        INDUSTRY STANDARDS                91

7.3           SUSTAINABILITY INITIATIVES   92

7.3.1        CORBION’S BIO-BASED LACTIC ACID & CIRCULAR FERMENTATION MODEL              92

7.4           IMPACT OF REGULATORY POLICIES ON SUSTAINABILITY INITIATIVES   93

7.5           CERTIFICATIONS, LABELING, AND ECO-STANDARDS                 93

8               CUSTOMER LANDSCAPE AND BUYER BEHAVIOR                 95

8.1           INTRODUCTION              95

8.2           DECISION-MAKING PROCESS     95

8.3           KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND THEIR EVALUATION CRITERIA       96

8.3.1        KEY STAKEHOLDERS IN BUYING PROCESS           96

8.3.2        BUYING CRITERIA           97

8.4           ADOPTION BARRIERS AND INTERNAL CHALLENGES                 98

8.5           UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES                 99

8.6           MARKET PROFITABILITY             99

9               ORGANIC ACIDS MARKET, BY SOURCE  100

9.1           INTRODUCTION              101

9.2           BIO-BASED         102

9.2.1        COST-EFFECTIVENESS AND HIGH STABILITY PROPERTIES TO PROPEL DEMAND         102

9.3           SYNTHETIC        103

9.3.1        EASY AVAILABILITY AND CONSISTENT QUALITY TO DRIVE MARKET 103

10            ORGANIC ACIDS MARKET, BY TYPE         105

10.1         INTRODUCTION              106

10.2         ACETIC ACID     109

10.2.1      EXTENSIVE APPLICATIONS IN VARIOUS INDUSTRIES TO BOOST MARKET               109

10.3         CITRIC ACID      110

10.3.1      INCREASING ROLE IN FEED FORMULATIONS AND FEED PRESERVATION TO DRIVE MARKET        110

10.4         FORMIC ACID    112

10.4.1      INNOVATIONS BY MARKET PLAYERS TO DRIVE DEMAND             112

10.5         LACTIC ACID     114

10.5.1      BIODEGRADABILITY AND VERSATILITY TO DRIVE DEMAND             114

10.6         PROPIONIC ACID             115

10.6.1      GROWING USE IN VARIOUS INDUSTRIES TO DRIVE DEMAND             115

10.7         ASCORBIC ACID                117

10.7.1      RISING AWARENESS ABOUT NUTRITIONAL VALUE AND IMMUNE-BOOSTING PROPERTIES TO DRIVE MARKET   117

10.8         GLUCONIC ACID              119

10.8.1      GROWING RELEVANCE IN PROMOTING ENVIRONMENTAL SUSTAINABILITY AND PRODUCT INNOVATION TO DRIVE DEMAND           119

10.9         FUMARIC ACID 120

10.9.1      RISING DEMAND FOR PROCESSED FOOD AND FUNCTIONAL INGREDIENTS TO FUEL MARKET 120

10.10       MALIC ACID       122

10.10.1   MULTIFUNCTIONAL PROPERTIES TO DRIVE DEMAND                 122

10.11       OTHER TYPES   124

11            ORGANIC ACIDS MARKET, BY FORM       126

11.1         INTRODUCTION              127

11.2         DRY        128

11.2.1      CONVENIENCE IN STORAGE, HANDLING, AND TRANSPORTATION

TO DRIVE DEMAND        128

11.3         LIQUID 128

11.3.1      UNIFORM MIXING AND PRECISE DOSING OF LIQUID ORGANIC

ACIDS TO PROPEL DEMAND      128

12            ORGANIC ACIDS MARKET, BY APPLICATION      129

12.1         INTRODUCTION              130

12.2         FOOD & BEVERAGES      131

12.2.1      DEMAND FOR CLEAN-LABEL AND NATURAL INGREDIENTS TO DRIVE MARKET            131

12.2.1.1  Beverages               133

12.2.1.2  Dairy products      134

12.2.1.3  Bakery and confectionery    134

12.2.1.4  Meat and processed meat    134

12.2.1.5  Canned and processed foods               134

12.2.1.6  Nutritional and dietary supplements 134

12.2.1.7  Others    134

12.3         PHARMACEUTICALS       135

12.3.1      GROWING NEED FOR FORMULATION STABILITY AND FUNCTIONAL

EXCIPIENTS TO DRIVE MARKET                135

12.4         INDUSTRIAL      136

12.4.1      INCREASING USE OF BIO-BASED INTERMEDIATES AND PROCESS CHEMICALS TO DRIVE MARKET            136

12.5         OTHERS                137

13            ORGANIC ACIDS MARKET, BY FUNCTION             139

13.1         INTRODUCTION              139

13.2         ACIDULANTS     139

13.2.1      IMPROVING FLAVOR PROFILE OF BEVERAGES, CONFECTIONERY, AND BAKERY PRODUCTS       139

13.3         PRESERVATIVES               139

13.3.1      PREVENTING SPOILAGE AND EXTENDING SHELF LIFE IN BAKERY ITEMS, BEVERAGES, AND DAIRY PRODUCTS                 139

13.4         FLAVOR ENHANCERS     140

13.4.1      ENHANCING TASTE, STABILITY, AND CONSUMER APPEAL IN NATURAL AND PROCESSED FOODS 140

13.5         ANTIOXIDANTS                140

13.5.1      EFFECTIVE ROLE IN SUPPORTING BETTER FOOD PRODUCTIVITY                140

13.6         PH CONTROL AGENTS  140

13.6.1      REGULATING ACIDITY, STABILIZING FORMULATIONS, AND MAINTAINING PRODUCT QUALITY              140

14            ORGANIC ACIDS MARKET, BY REGION  141

14.1         INTRODUCTION              142

14.2         NORTH AMERICA             144

14.2.1      US           149

14.2.1.1  Increasing demand for organic acid products to boost market                 149

14.2.2      CANADA               151

14.2.2.1  Increased production of poultry products to boost market                 151

14.2.3      MEXICO                153

14.2.3.1  Expanding food processing industry to drive market      153

14.3         EUROPE               155

14.3.1      GERMANY           159

14.3.1.1  Growing use in biodegradable materials, preservatives, and specialty chemicals to drive demand for organic acids   159

14.3.2      ITALY    161

14.3.2.1  Growing industry demand for renewable organic acid solutions with high purity and lower environmental impact to drive market                 161

14.3.3      FRANCE                163

14.3.3.1  Partnerships among key players and increasing focus on sustainability to drive market              163

14.3.4      SPAIN    165

14.3.4.1  Expanding application areas to drive market   165

14.3.5      UK          167

14.3.5.1  Rising demand for high-performance acids to drive market                 167

14.3.6      REST OF EUROPE             169

14.4         ASIA PACIFIC     171

14.4.1      CHINA  175

14.4.1.1  Robust food, beverage, and biotechnology sectors to drive demand for organic acids    175

14.4.2      INDIA    177

14.4.2.1  Increasing industrial demand and government initiatives to strengthen domestic production to drive market             177

14.4.3      JAPAN   179

14.4.3.1  Increasing industrial demand and advancements in bio-based production technologies to drive market          179

14.4.4      AUSTRALIA & NEW ZEALAND     181

14.4.4.1  Increasing demand for sustainable chemicals to drive market                 181

14.4.5      REST OF ASIA PACIFIC   183

14.5         SOUTH AMERICA             185

14.5.1      BRAZIL 189

14.5.1.1  Growing import of organic acids to create opportunities for domestic producers and international manufacturers    189

14.5.2      ARGENTINA       191

14.5.2.1  Rising agricultural and industrial needs to drive market                 191

14.5.3      REST OF SOUTH AMERICA           193

14.6         REST OF THE WORLD    195

14.6.1      MIDDLE EAST   199

14.6.1.1  Increasing demand for bio-based acids to fuel market   199

14.6.2      AFRICA 201

14.6.2.1  Growing use of organic acids in food applications to propel market    201

15            COMPETITIVE LANDSCAPE         204

15.1         OVERVIEW          204

15.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 205

15.3         REVENUE ANALYSIS, 2022–2024  206

15.4         MARKET SHARE ANALYSIS, 2024                 207

15.5         BRAND/PRODUCT COMPARISON             209

15.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 210

15.6.1      STARS   210

15.6.2      EMERGING LEADERS     210

15.6.3      PERVASIVE PLAYERS      210

15.6.4      PARTICIPANTS 210

15.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         212

15.6.5.1  Company footprint               212

15.6.5.2  Regional footprint                 213

15.6.5.3  Type footprint       214

15.6.5.4  Application footprint            215

15.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        216

15.7.1      PROGRESSIVE COMPANIES         216

15.7.2      RESPONSIVE COMPANIES            216

15.7.3      DYNAMIC COMPANIES  216

15.7.4      STARTING BLOCKS         216

15.7.5      COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2024                 218

15.7.5.1  Detailed list of key startups/SMEs    218

15.7.5.2  Competitive benchmarking of key startups/SMEs          219

15.8         COMPETITIVE SCENARIO             220

15.8.1      PRODUCT LAUNCHES   220

15.8.2      DEALS  221

15.8.3      EXPANSIONS     221

16            COMPANY PROFILES      222

16.1         KEY PLAYERS     222

16.1.1      BASF SE                 222

16.1.1.1  Business overview 222

16.1.1.2  Products/Solutions/Services offered 223

16.1.1.3  Recent developments           224

16.1.1.3.1                Product launches  224

16.1.1.4  MnM view              225

16.1.1.4.1                Key strengths        225

16.1.1.4.2                Strategic choices   225

16.1.1.4.3                Weaknesses and competitive threats 225

16.1.2      ADM      226

16.1.2.1  Business overview 226

16.1.2.2  Products/Solutions/Services offered 227

16.1.2.3  Recent developments           228

16.1.2.3.1                Deals      228

16.1.2.4  MnM view              228

16.1.2.4.1                Key strengths        228

16.1.2.4.2                Strategic choices   228

16.1.2.4.3                Weaknesses and competitive threats 229

16.1.3      CARGILL, INCORPORATED          230

16.1.3.1  Business overview 230

16.1.3.2  Products/Solutions/Services offered 231

16.1.3.3  MnM view              231

16.1.3.3.1                Key strengths        231

16.1.3.3.2                Strategic choices   231

16.1.3.3.3                Weaknesses and competitive threats 231

16.1.4      CORBION             232

16.1.4.1  Business overview 232

16.1.4.2  Products/Solutions/Services offered 233

16.1.4.3  Recent developments           234

16.1.4.3.1                Expansions             234

16.1.4.4  MnM view              234

16.1.4.4.1                Key strengths        234

16.1.4.4.2                Strategic choices   234

16.1.4.4.3                Weaknesses and competitive threats 235

16.1.5      JUNGBUNZLAUER SUISSE AG     236

16.1.5.1  Business overview 236

16.1.5.2  Products/Solutions/Services offered 236

16.1.5.3  MnM view              237

16.1.5.3.1                Key strengths        237

16.1.5.3.2                Strategic choices   237

16.1.5.3.3                Weaknesses and competitive threats 237

16.1.6      THE DOW CHEMICAL COMPANY              238

16.1.6.1  Business overview 238

16.1.6.2  Products/Solutions/Services offered 239

16.1.6.3  MnM view              240

16.1.6.3.1                Key strengths        240

16.1.6.3.2                Strategic choices   240

16.1.6.3.3                Weaknesses and competitive threats 240

16.1.7      EASTMAN CHEMICAL COMPANY              241

16.1.7.1  Business overview 241

16.1.7.2  Products/Solutions/Services offered 242

16.1.7.3  MnM view              243

16.1.7.3.1                Key strengths        243

16.1.7.3.2                Strategic choices   243

16.1.7.3.3                Weaknesses and competitive threats 243

16.1.8      DSM-FIRMENICH              244

16.1.8.1  Business overview 244

16.1.8.2  Products/Solutions/Services offered 245

16.1.8.3  MnM view              246

16.1.8.3.1                Key strengths        246

16.1.8.3.2                Strategic choices   246

16.1.8.3.3                Weaknesses and competitive threats 246

16.1.9      POLYNT S.P.A.  247

16.1.9.1  Business overview 247

16.1.9.2  Products/Solutions/Services offered 248

16.1.9.3  MnM view              249

16.1.9.3.1                Key strengths        249

16.1.9.3.2                Strategic choices   249

16.1.9.3.3                Weaknesses and competitive threats 249

16.1.10   CELANESE CORPORATION          250

16.1.10.1                 Business overview 250

16.1.10.2                 Products/Solutions/Services offered 251

16.1.10.3                 MnM view              252

16.1.10.3.1             Key strengths        252

16.1.10.3.2             Strategic choices   252

16.1.10.3.3             Weaknesses and competitive threats 252

16.1.11   TATE & LYLE      253

16.1.11.1                 Business overview 253

16.1.11.2                 Products/Solutions/Services offered 254

16.1.11.3                 MnM view              255

16.1.11.3.1             Key strengths        255

16.1.11.3.2             Strategic choices   255

16.1.11.3.3             Weaknesses and competitive threats 255

16.1.12   HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD.                 256

16.1.12.1                 Business overview 256

16.1.12.2                 Products/Solutions/Services offered 257

16.1.12.3                 MnM view              258

16.1.12.3.1             Key strengths        258

16.1.12.3.2             Strategic choices   258

16.1.12.3.3             Weaknesses and competitive threats 258

16.1.13   SHANDONG ENSIGN INDUSTRY CO., LTD.            259

16.1.13.1                 Business overview 259

16.1.13.2                 Products/Solutions/Services offered 259

16.1.13.3                 MnM view              260

16.1.13.3.1             Key strengths        260

16.1.13.3.2             Strategic choices   260

16.1.13.3.3             Weaknesses and competitive threats 260

16.1.14   FOODCHEM INTERNATIONAL CORPORATION  261

16.1.14.1                 Business overview 261

16.1.14.2                 Products/Solutions/Services offered 261

16.1.14.3                 MnM view              262

16.1.14.3.1             Key strengths        262

16.1.14.3.2             Strategic choices   262

16.1.14.3.3             Weaknesses and competitive threats 262

16.1.15   AFYREN                263

16.1.15.1                 Business overview 263

16.1.15.2                 Products/Solutions/Services offered 264

16.1.15.3                 MnM view              264

16.1.15.3.1             Key strengths        264

16.1.15.3.2             Strategic choices   264

16.1.15.3.3             Weaknesses and competitive threats 265

16.1.16   GALACTIC           266

16.1.16.1                 Business overview 266

16.1.16.2                 Products/Solutions/Services offered 266

16.1.16.3                 MnM view              266

16.1.16.3.1             Key strengths        266

16.1.16.3.2             Strategic choices   267

16.1.16.3.3             Weaknesses and competitive threats 267

16.2         OTHER PLAYERS              268

16.2.1      HAWKINS             268

16.2.1.1  Business overview 268

16.2.1.2  Products/Solutions/Services offered 269

16.2.1.3  MnM view              270

16.2.1.3.1                Key strengths        270

16.2.1.3.2                Strategic choices   270

16.2.1.3.3                Weaknesses and competitive threats 270

16.2.2      BBCA BIOCHEMICAL      271

16.2.2.1  Business overview 271

16.2.2.2  Products/Solutions/Services offered 271

16.2.2.3  MnM view              272

16.2.2.3.1                Key strengths        272

16.2.2.3.2                Strategic choices   272

16.2.2.3.3                Weaknesses and competitive threats 272

16.2.3      RZBC GROUP CO., LTD. 273

16.2.3.1  Business overview 273

16.2.3.2  Products/Solutions/Services offered 273

16.2.3.3  MnM view              274

16.2.3.3.1                Key strengths        274

16.2.3.3.2                Strategic choices   274

16.2.3.3.3                Weaknesses and competitive threats 274

16.2.4      BARTEK INGREDIENTS INC.        275

16.2.4.1  Business overview 275

16.2.4.2  Products/Solutions/Services offered 275

16.2.4.3  MnM view              276

16.2.4.3.1                Key strengths        276

16.2.4.3.2                Strategic choices   276

16.2.4.3.3                Weaknesses and competitive threats 276

16.2.5      FUSO CHEMICAL CO., LTD.         277

16.2.5.1  Business overview 277

16.2.5.2  Products/Solutions/Services offered 277

16.2.5.3  MnM view              278

16.2.5.3.1                Key strengths        278

16.2.5.3.2                Strategic choices   278

16.2.5.3.3                Weaknesses and competitive threats 278

16.2.6      VINIPUL CHEMICALS PRIVATE LIMITED               279

16.2.6.1  Business overview 279

16.2.6.2  Products/Solutions/Services offered 279

16.2.6.3  MnM view              280

16.2.6.3.1                Key strengths        280

16.2.6.3.2                Strategic choices   280

16.2.6.3.3                Weaknesses and competitive threats 280

16.2.7      GEOCON PRODUCTS     281

16.2.8      LOBA CHEMIE PVT. LTD.              282

16.2.9      CITNVBEL NV    283

16.2.10   PEER CHEMICAL INDUSTRIES   284

16.2.11   SHANDONG ACID TECHNOLOGY CO., LTD.        285

17            RESEARCH METHODOLOGY       286

17.1         RESEARCH DATA              286

17.1.1      SECONDARY DATA          287

17.1.1.1  Key data from secondary sources       287

17.1.2      PRIMARY DATA 287

17.1.2.1  Key data from primary sources           288

17.1.2.2  Key primary participants     288

17.1.2.3  Breakdown of primary interviews      289

17.1.2.4  Key industry insights           289

17.2         MARKET SIZE ESTIMATION         290

17.2.1      BOTTOM-UP APPROACH              290

17.2.2      TOP-DOWN APPROACH                290

17.2.3      BASE NUMBER CALCULATION   291

17.3         MARKET SIZE ESTIMATION         292

17.3.1      BOTTOM-UP APPROACH              292

17.3.2      APPROACH TWO (TOP-DOWN APPROACH)         293

17.4         MARKET FORECAST APPROACH                294

17.4.1      SUPPLY SIDE     294

17.4.2      DEMAND SIDE  294

17.5         DATA TRIANGULATION                295

17.6         FACTOR ANALYSIS          296

17.7         RESEARCH ASSUMPTIONS           296

17.8         RESEARCH LIMITATIONS AND RISK ASSESSMENT                 297

18            ADJACENT AND RELATED MARKETS      298

18.1         INTRODUCTION              298

18.2         LIMITATIONS    298

18.3         LACTIC ACID AND POLYLACTIC ACID MARKET 298

18.3.1      MARKET DEFINITION   298

18.3.2      MARKET OVERVIEW       298

19            APPENDIX           300

19.1         DISCUSSION GUIDE        300

19.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                304

19.3         CUSTOMIZATION OPTIONS        306

19.4         RELATED REPORTS         306

19.5         AUTHOR DETAILS           307

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2020–2024            31

TABLE 2                ORGANIC ACIDS MARKET SNAPSHOT, 2025 VS. 2030        33

TABLE 3                IMPACT OF PORTER’S FIVE FORCES ON ORGANIC ACIDS MARKET            53

TABLE 4                AVERAGE SELLING PRICE OF CITRIC ACID, BY KEY PLAYER, 2025 (USD/KG)       60

TABLE 5                AVERAGE SELLING PRICE OF LACTIC ACID, BY KEY PLAYER, 2025 (USD/KG)       60

TABLE 6                AVERAGE SELLING PRICE OF ACETIC ACID, BY KEY PLAYER, 2025 (USD/KG)       61

TABLE 7                AVERAGE SELLING PRICE OF FORMIC ACID, BY KEY PLATER, 2025 (USD/KG)       61

TABLE 8                AVERAGE SELLING PRICE OF PROPIONIC ACID, BY KEY PLAYER, 2025 (USD/KG) 61

TABLE 9                AVERAGE SELLING PRICE TREND OF ORGANIC ACIDS, BY TYPE,

2020–2024 (USD/KG)        62

TABLE 10              AVERAGE SELLING PRICE OF ORGANIC ACIDS, BY REGION, 2020–2024 (USD/KG)               63

TABLE 11              TOP 10 EXPORTERS OF HS CODE 291521, 2020–2024 (USD THOUSAND) 66

TABLE 12              TOP 10 IMPORTERS OF HS CODE 291521, 2020–2024 (USD THOUSAND) 67

TABLE 13              TOP 10 EXPORTERS OF HS CODE 291511, 2020–2024 (USD THOUSAND) 69

TABLE 14              TOP 10 IMPORTERS OF HS CODE 291511, 2020–2024 (USD THOUSAND) 70

TABLE 15              ORGANIC ACIDS MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2026           70

TABLE 16              US-ADJUSTED RECIPROCAL TARIFF RATES                 74

TABLE 17              EXPECTED IMPACT LEVEL ON TARGET PRODUCTS WITH RELEVANT

HS CODES DUE TO US TARIFF IMPACT  75

TABLE 18              ORGANIC ACIDS MARKET: EXPECTED TARIFF IMPACT ON END-USE INDUSTRIES          76

TABLE 19              LIST OF MAJOR PATENTS, 2015–2025        80

TABLE 20              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           88

TABLE 21              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  89

TABLE 22              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  90

TABLE 23              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  91

TABLE 24              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             91

TABLE 25              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP APPLICATIONS          97

TABLE 26              KEY BUYING CRITERIA FOR TOP APPLICATIONS                 98

TABLE 27              ORGANIC ACIDS MARKET, BY SOURCE, 2020–2024 (USD MILLION)       101

TABLE 28              ORGANIC ACIDS MARKET, BY SOURCE, 2025–2030 (USD MILLION)       102

TABLE 29              BIO-BASED: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          102

TABLE 30              BIO-BASED: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          103

TABLE 31              SYNTHETIC: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          103

TABLE 32              SYNTHETIC: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          104

TABLE 33              ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION) 107

TABLE 34              ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION) 107

TABLE 35              ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (KILO TONS)      108

TABLE 36              ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (KILO TONS)      108

TABLE 37              ACETIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          109

TABLE 38              ACETIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          109

TABLE 39              ACETIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               110

TABLE 40              ACETIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               110

TABLE 41              CITRIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          111

TABLE 42              CITRIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          111

TABLE 43              CITRIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               111

TABLE 44              CITRIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               112

TABLE 45              FORMIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          112

TABLE 46              FORMIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          113

TABLE 47              FORMIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               113

TABLE 48              FORMIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               113

TABLE 49              LACTIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          114

TABLE 50              LACTIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          114

TABLE 51              LACTIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               115

TABLE 52              LACTIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               115

TABLE 53              PROPIONIC ACID: ORGANIC ACIDS MARKET, BY REGION,

2020–2024 (USD MILLION)            116

TABLE 54              PROPIONIC ACID: ORGANIC ACIDS MARKET, BY REGION,

2025–2030 (USD MILLION)            116

TABLE 55              PROPIONIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               116

TABLE 56              PROPIONIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               117

TABLE 57              ASCORBIC ACID ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          117

TABLE 58              ASCORBIC ACID: ORGANIC ACIDS MARKET, BY REGION,

2025–2030 (USD MILLION)            118

TABLE 59              ASCORBIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               118

TABLE 60              ASCORBIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               118

TABLE 61              GLUCONIC ACID: ORGANIC ACIDS MARKET, BY REGION,

2020–2024 (USD MILLION)            119

TABLE 62              GLUCONIC ACID: ORGANIC ACIDS MARKET, BY REGION,

2025–2030 (USD MILLION)            119

TABLE 63              GLUCONIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               120

TABLE 64              GLUCONIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               120

TABLE 65              FUMARIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          121

TABLE 66              FUMARIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          121

TABLE 67              FUMARIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               121

TABLE 68              FUMARIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               122

TABLE 69              MALIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          122

TABLE 70              MALIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          123

TABLE 71              MALIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               123

TABLE 72              MALIC ACID: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               123

TABLE 73              OTHER TYPES: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          124

TABLE 74              OTHER TYPES: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          124

TABLE 75              OTHER TYPES: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)               125

TABLE 76              OTHER TYPES: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)               125

TABLE 77              ORGANIC ACIDS MARKET, BY FORM, 2020–2024 (USD MILLION) 127

TABLE 78              ORGANIC ACIDS MARKET, BY FORM, 2025–2030 (USD MILLION) 127

TABLE 79              ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)            131

TABLE 80              ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            131

TABLE 81              FOOD & BEVERAGES: ORGANIC ACIDS MARKET, BY REGION,

2020–2024 (USD MILLION)            132

TABLE 82              FOOD & BEVERAGES: ORGANIC ACIDS MARKET, BY REGION,

2025–2030 (USD MILLION)            132

TABLE 83              FOOD & BEVERAGES: ORGANIC ACIDS MARKET, BY SUBTYPE,

2020–2024 (USD MILLION)            133

TABLE 84              FOOD & BEVERAGES: ORGANIC ACIDS MARKET, BY SUBTYPE,

2025–2030 (USD MILLION)            133

TABLE 85              PHARMACEUTICALS: ORGANIC ACIDS MARKET, BY REGION,

2020–2024 (USD MILLION)            135

TABLE 86              PHARMACEUTICALS: ORGANIC ACIDS MARKET, BY REGION,

2025–2030 (USD MILLION)            136

TABLE 87              INDUSTRIAL: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)          137

TABLE 88              INDUSTRIAL: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)          137

TABLE 89              OTHERS: ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)            138

TABLE 90              OTHERS: ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)            138

TABLE 91              ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (USD MILLION)       143

TABLE 92              ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (USD MILLION)       143

TABLE 93              ORGANIC ACIDS MARKET, BY REGION, 2020–2024 (KILO TONS)            143

TABLE 94              ORGANIC ACIDS MARKET, BY REGION, 2025–2030 (KILO TONS)            144

TABLE 95              NORTH AMERICA: ORGANIC ACIDS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            145

TABLE 96              NORTH AMERICA: ORGANIC ACIDS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            145

TABLE 97              NORTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                146

TABLE 98              NORTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                146

TABLE 99              NORTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (KILO TONS)    147

TABLE 100            NORTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (KILO TONS)    147

TABLE 101            NORTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            148

TABLE 102            NORTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            148

TABLE 103            NORTH AMERICA: ORGANIC ACIDS MARKET, BY SOURCE,

2020–2024 (USD MILLION)            148

TABLE 104            NORTH AMERICA: ORGANIC ACIDS MARKET, BY SOURCE,

2025–2030 (USD MILLION)            148

TABLE 105            US: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)       149

TABLE 106            US: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)       150

TABLE 107            US: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)            150

TABLE 108            US: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            150

TABLE 109            CANADA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            151

TABLE 110            CANADA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            152

TABLE 111            CANADA: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              152

TABLE 112            CANADA: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              152

TABLE 113            MEXICO: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            153

TABLE 114            MEXICO: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            154

TABLE 115            MEXICO: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              154

TABLE 116            MEXICO: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              154

TABLE 117            EUROPE: ORGANIC ACIDS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)     155

TABLE 118            EUROPE: ORGANIC ACIDS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     155

TABLE 119            EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            156

TABLE 120            EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            156

TABLE 121            EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (KILO TONS) 157

TABLE 122            EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (KILO TONS) 157

TABLE 123            EUROPE: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              158

TABLE 124            EUROPE: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              158

TABLE 125            EUROPE: ORGANIC ACIDS MARKET, BY SOURCE, 2020–2024 (USD MILLION)            158

TABLE 126            EUROPE: ORGANIC ACIDS MARKET, BY SOURCE, 2025–2030 (USD MILLION)            158

TABLE 127            GERMANY: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            159

TABLE 128            GERMANY: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            160

TABLE 129            GERMANY: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            160

TABLE 130            GERMANY: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            160

TABLE 131            ITALY: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            161

TABLE 132            ITALY: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            162

TABLE 133            ITALY: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              162

TABLE 134            ITALY: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              162

TABLE 135            FRANCE: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            163

TABLE 136            FRANCE: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            164

TABLE 137            FRANCE: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              164

TABLE 138            FRANCE: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              164

TABLE 139            SPAIN: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            165

TABLE 140            SPAIN: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            166

TABLE 141            SPAIN: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              166

TABLE 142            SPAIN: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              166

TABLE 143            UK: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)       167

TABLE 144            UK: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)       168

TABLE 145          UK: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)            168

TABLE 146          UK: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            168

TABLE 147            REST OF EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                169

TABLE 148            REST OF EUROPE: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                170

TABLE 149            REST OF EUROPE: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            170

TABLE 150            REST OF EUROPE: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            170

TABLE 151            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)     172

TABLE 152            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     172

TABLE 153            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                172

TABLE 154            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                173

TABLE 155            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (KILO TONS)    173

TABLE 156            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (KILO TONS)    174

TABLE 157            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            174

TABLE 158            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            174

TABLE 159            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY SOURCE, 2020–2024 (USD MILLION)         175

TABLE 160            ASIA PACIFIC: ORGANIC ACIDS MARKET, BY SOURCE, 2025–2030 (USD MILLION)         175

TABLE 161            CHINA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            176

TABLE 162            CHINA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            176

TABLE 163            CHINA: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              177

TABLE 164            CHINA: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              177

TABLE 165            INDIA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            178

TABLE 166            INDIA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            178

TABLE 167            INDIA: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              179

TABLE 168            INDIA: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              179

TABLE 169            JAPAN: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            180

TABLE 170            JAPAN: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            180

TABLE 171            JAPAN: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              181

TABLE 172            JAPAN: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              181

TABLE 173            AUSTRALIA & NEW ZEALAND: ORGANIC ACIDS MARKET, BY TYPE,

2020–2024 (USD MILLION)            182

TABLE 174            AUSTRALIA & NEW ZEALAND: ORGANIC ACIDS MARKET, BY TYPE,

2025–2030 (USD MILLION)            182

TABLE 175            AUSTRALIA & NEW ZEALAND: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            183

TABLE 176            AUSTRALIA & NEW ZEALAND: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          183

TABLE 177            REST OF ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE,

2020–2024 (USD MILLION)            184

TABLE 178            REST OF ASIA PACIFIC: ORGANIC ACIDS MARKET, BY TYPE,

2025–2030 (USD MILLION)            184

TABLE 179            REST OF ASIA PACIFIC: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            185

TABLE 180            REST OF ASIA PACIFIC: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            185

TABLE 181            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            186

TABLE 182            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            186

TABLE 183            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                186

TABLE 184            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                187

TABLE 185            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (KILO TONS)    187

TABLE 186            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (KILO TONS)    188

TABLE 187            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            188

TABLE 188            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            188

TABLE 189            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY SOURCE,

2020–2024 (USD MILLION)            189

TABLE 190            SOUTH AMERICA: ORGANIC ACIDS MARKET, BY SOURCE,

2025–2030 (USD MILLION)            189

TABLE 191            BRAZIL: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            190

TABLE 192            BRAZIL: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            190

TABLE 193            BRAZIL: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              191

TABLE 194            BRAZIL: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              191

TABLE 195            ARGENTINA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                192

TABLE 196            ARGENTINA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                192

TABLE 197            ARGENTINA: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            193

TABLE 198            ARGENTINA: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            193

TABLE 199            REST OF SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE,

2020–2024 (USD MILLION)            194

TABLE 200            REST OF SOUTH AMERICA: ORGANIC ACIDS MARKET, BY TYPE,

2025–2030 (USD MILLION)            194

TABLE 201            REST OF SOUTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            195

TABLE 202            REST OF SOUTH AMERICA: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            195

TABLE 203          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            196

TABLE 204          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            196

TABLE 205          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY TYPE,

2020–2024 (USD MILLION)            196

TABLE 206          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY TYPE,

2025–2030 (USD MILLION)            197

TABLE 207          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY TYPE,

2020–2024 (KILO TONS) 197

TABLE 208          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY TYPE,

2025–2030 (KILO TONS) 198

TABLE 209          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            198

TABLE 210          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            198

TABLE 211          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY SOURCE,

2020–2024 (USD MILLION)            199

TABLE 212          REST OF THE WORLD: ORGANIC ACIDS MARKET, BY SOURCE,

2025–2030 (USD MILLION)            199

TABLE 213            MIDDLE EAST: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)                200

TABLE 214            MIDDLE EAST: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)                200

TABLE 215            MIDDLE EAST: ORGANIC ACIDS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            201

TABLE 216            MIDDLE EAST: ORGANIC ACIDS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            201

TABLE 217            AFRICA: ORGANIC ACIDS MARKET, BY TYPE, 2020–2024 (USD MILLION)            202

TABLE 218            AFRICA: ORGANIC ACIDS MARKET, BY TYPE, 2025–2030 (USD MILLION)            202

TABLE 219            AFRICA: ORGANIC ACIDS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)              203

TABLE 220            AFRICA: ORGANIC ACIDS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              203

TABLE 221            OVERVIEW OF STRATEGIES DEPLOYED BY KEY MARKET PLAYERS, 2021–2024      205

TABLE 222            ORGANIC ACIDS MARKET: DEGREE OF COMPETITION, 2024       208

TABLE 223            ORGANIC ACIDS MARKET: REGIONAL FOOTPRINT       213

TABLE 224            ORGANIC ACIDS MARKET: TYPE FOOTPRINT                 214

TABLE 225            ORGANIC ACIDS MARKET: APPLICATION FOOTPRINT       215

TABLE 226            ORGANIC ACIDS MARKET: KEY STARTUPS/SMES                 218

TABLE 227            ORGANIC ACIDS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              219

TABLE 228            ORGANIC ACIDS MARKET: PRODUCT LAUNCHES, 2020–NOVEMBER 2025            220

TABLE 229            ORGANIC ACIDS MARKET: DEALS, 2020–NOVEMBER 2025               221

TABLE 230            ORGANIC ACIDS MARKET: EXPANSIONS, 2020–NOVEMBER 2025               221

TABLE 231            BASF SE: COMPANY OVERVIEW 222

TABLE 232            BASF SE: PRODUCTS OFFERED  223

TABLE 233            BASF SE: PRODUCT LAUNCHES 224

TABLE 234            ADM: COMPANY OVERVIEW       226

TABLE 235            ADM: PRODUCTS OFFERED        227

TABLE 236            ADM: DEALS      228

TABLE 237            CARGILL, INCORPORATED: COMPANY OVERVIEW          230

TABLE 238            CARGILL, INCORPORATED: PRODUCTS OFFERED             231

TABLE 239            CORBION: COMPANY OVERVIEW             232

TABLE 240            CORBION: PRODUCTS OFFERED              233

TABLE 241            CORBION: EXPANSIONS                234

TABLE 242            JUNGBUNZLAUER SUISSE AG: COMPANY OVERVIEW          236

TABLE 243            JUNGBUNZLAUER SUISSE AG: PRODUCTS OFFERED             236

TABLE 244            THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW          238

TABLE 245            THE DOW CHEMICAL COMPANY: PRODUCTS OFFERED             239

TABLE 246            EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW          241

TABLE 247            EASTMAN CHEMICAL COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    242

TABLE 248            DSM-FIRMENICH: COMPANY OVERVIEW                 244

TABLE 249            DSM-FIRMENICH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 250            POLYNT S.P.A.: COMPANY OVERVIEW   247

TABLE 251            POLYNT S.P.A.: PRODUCTS OFFERED    248

TABLE 252            CELANESE CORPORATION: COMPANY OVERVIEW          250

TABLE 253            CELANESE CORPORATION: PRODUCTS OFFERED             251

TABLE 254            TATE & LYLE: COMPANY OVERVIEW      253

TABLE 255            TATE & LYLE: PRODUCTS OFFERED       254

TABLE 256            HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD.: COMPANY OVERVIEW              256

TABLE 257            HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD.: PRODUCTS OFFERED               257

TABLE 258            SHANDONG ENSIGN INDUSTRY CO., LTD.: COMPANY OVERVIEW   259

TABLE 259            SHANDONG ENSIGN INDUSTRY CO., LTD.: PRODUCTS OFFERED    259

TABLE 260            FOODCHEM INTERNATIONAL CORPORATION: COMPANY OVERVIEW   261

TABLE 261            FOODCHEM INTERNATIONAL CORPORATION: PRODUCTS OFFERED    261

TABLE 262            AFYREN: COMPANY OVERVIEW 263

TABLE 263            AFYREN: PRODUCTS OFFERED 264

TABLE 264            GALACTIC: COMPANY OVERVIEW            266

TABLE 265            GALACTIC: PRODUCTS OFFERED             266

TABLE 266            HAWKINS: COMPANY OVERVIEW             268

TABLE 267            HAWKINS: PRODUCTS OFFERED              269

TABLE 268            BBCA BIOCHEMICAL: COMPANY OVERVIEW                 271

TABLE 269            BBCA BIOCHEMICAL: PRODUCTS OFFERED                 271

TABLE 270            RZBC GROUP: COMPANY OVERVIEW      273

TABLE 271            RZBC GROUP: PRODUCTS OFFERED       273

TABLE 272            BARTEK INGREDIENTS INC.: COMPANY OVERVIEW          275

TABLE 273            BARTEK INGREDIENTS INC.: PRODUCTS OFFERED             275

TABLE 274            FUSO CHEMICAL CO., LTD.: COMPANY OVERVIEW          277

TABLE 275            FUSO CHEMICAL CO., LTD.: PRODUCTS OFFERED             277

TABLE 276            VINIPUL CHEMICALS PRIVATE LIMITED: COMPANY OVERVIEW   279

TABLE 277            VINIPUL CHEMICALS PRIVATE LIMITED: PRODUCTS OFFERED    279

TABLE 278            GEOCON PRODUCTS: COMPANY OVERVIEW                 281

TABLE 279            LOBA CHEMIE PVT. LTD.: COMPANY OVERVIEW                 282

TABLE 280            CITRIBEL NV: COMPANY OVERVIEW      283

TABLE 281            PEER CHEMICAL INDUSTRIES: COMPANY OVERVIEW          284

TABLE 282            SHANDONG ACID TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   285

TABLE 283            ADJACENT MARKETS TO ORGANIC ACIDS MARKET               298

TABLE 284            LACTIC ACID AND POLYLACTIC ACID MARKET, BY FORM,

2018–2022 (USD MILLION)            299

TABLE 285            LACTIC ACID AND POLYLACTIC ACID MARKET, BY FORM,

2023–2028 (USD MILLION)            299

LIST OF FIGURES

FIGURE 1              ORGANIC ACIDS MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION)      34

FIGURE 2              ORGANIC ACIDS MARKET, BY FORM, 2025 VS. 2030 (USD MILLION)       35

FIGURE 3              ORGANIC ACIDS MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION)       35

FIGURE 4              ORGANIC ACIDS MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)       36

FIGURE 5              ORGANIC ACIDS MARKET, BY REGION  37

FIGURE 6              RISING HEALTH AWARENESS AND GOVERNMENT SUPPORT FOR

ORGANIC ACIDS ADOPTION TO DRIVE MARKET               38

FIGURE 7              CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024   39

FIGURE 8              INDUSTRIAL SEGMENT AND CHINA TO ACCOUNT FOR LARGEST

MARKET SHARES IN ASIA PACIFIC IN 2025             39

FIGURE 9              INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 40

FIGURE 10            LIQUID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       41

FIGURE 11            SYNTHETIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       41

FIGURE 12            ACETIC ACID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    42

FIGURE 13            ORGANIC ACIDS MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     44

FIGURE 14            ORGANIC ACIDS MARKET: PORTER’S FIVE FORCES ANALYSIS           53

FIGURE 15            GLOBAL POPULATION GROWTH, 1950–2050 (BILLION)            55

FIGURE 16            GDP GROWTH, 2016–2024 (TRILLION)    56

FIGURE 17            ORGANIC ACIDS MARKET: SUPPLY CHAIN ANALYSIS            57

FIGURE 18            ORGANIC ACIDS MARKET: VALUE CHAIN ANALYSIS            58

FIGURE 19            ORGANIC ACIDS MARKET: ECOSYSTEM ANALYSIS            59

FIGURE 20            AVERAGE SELLING PRICE TREND OF ORGANIC ACIDS, BY TYPE,

2020–2024 (USD/KG)        63

FIGURE 21            AVERAGE SELLING PRICE TREND OF ORGANIC ACIDS, BY REGION,

2020–2024 (USD/KG)        64

FIGURE 22            EXPORT VALUE OF ACETIC ACIDS UNDER HS CODE 291521 FOR KEY COUNTRIES, 2020–2024 (USD THOUSAND)                 65

FIGURE 23            IMPORT VALUE OF ACETIC ACIDS UNDER HS CODE 291521 FOR KEY COUNTRIES, 2020–2024 (USD THOUSAND)                 66

FIGURE 24            EXPORT VALUE OF FORMIC UNDER HS CODE 291511 FOR KEY COUNTRIES, 2020–2024 (USD THOUSAND)                 68

FIGURE 25            IMPORT VALUE OF FORMIC ACIDS UNDER HS CODE 291511 FOR KEY COUNTRIES, 2020–2024 (USD THOUSAND)                 69

FIGURE 26            TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS                71

FIGURE 27            INVESTMENT AND FUNDING SCENARIO, 2020–2025 (USD MILLION)       72

FIGURE 28            NUMBER OF PATENTS APPLIED AND GRANTED FOR ORGANIC

ACIDS MARKET, 2015–2025            79

FIGURE 29            REGIONAL ANALYSIS OF PATENTS GRANTED FOR ORGANIC ACIDS MARKET,

2015–2025              79

FIGURE 30            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP APPLICATIONS          97

FIGURE 31            KEY BUYING CRITERIA FOR TOP APPLICATIONS                 98

FIGURE 32            ORGANIC ACIDS MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION)       101

FIGURE 33            ORGANIC ACIDS MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)       106

FIGURE 34            ORGANIC ACIDS MARKET, BY FORM, 2025 VS. 2030 (USD MILLION)       127

FIGURE 35            ORGANIC ACIDS MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION)      130

FIGURE 36            ORGANIC ACIDS MARKET, BY KEY COUNTRY, 2025–2030 (CAGR)             142

FIGURE 37            NORTH AMERICA: ORGANIC ACIDS MARKET SNAPSHOT          145

FIGURE 38            ASIA PACIFIC: ORGANIC ACIDS MARKET SNAPSHOT          171

FIGURE 39            REVENUE ANALYSIS FOR KEY COMPANIES, 2022–2024 (USD BILLION)        206

FIGURE 40            SHARE ANALYSIS OF LEADING PLAYERS IN ORGANIC ACIDS MARKET, 2024 207

FIGURE 41            ORGANIC ACIDS MARKET: BRAND/PRODUCT COMPARISON   209

FIGURE 42            ORGANIC ACIDS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024         211

FIGURE 43            ORGANIC ACIDS MARKET: COMPANY FOOTPRINT       212

FIGURE 44            ORGANIC ACIDS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                217

FIGURE 45            BASF SE: COMPANY SNAPSHOT 223

FIGURE 46            ADM: COMPANY SNAPSHOT       227

FIGURE 47            CARGILL, INCORPORATED: COMPANY SNAPSHOT          230

FIGURE 48            CORBION: COMPANY SNAPSHOT             233

FIGURE 49            THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT          239

FIGURE 50            EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT          242

FIGURE 51            DSM-FIRMENICH: COMPANY SNAPSHOT                 245

FIGURE 52            POLYNT S.P.A.: COMPANY SNAPSHOT   248

FIGURE 53            CELANESE CORPORATION: COMPANY SNAPSHOT          251

FIGURE 54            TATE & LYLE: COMPANY SNAPSHOT      254

FIGURE 55            HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT              257

FIGURE 56            AFYREN: COMPANY SNAPSHOT 263

FIGURE 57            HAWKINS: COMPANY SNAPSHOT             269

FIGURE 58            ORGANIC ACIDS MARKET: RESEARCH DESIGN                 286

FIGURE 59            ORGANIC ACIDS MARKET: BOTTOM-UP APPROACH         290

FIGURE 60            ORGANIC ACIDS MARKET: TOP-DOWN APPROACH         291

FIGURE 61            APPROACH 1: SUPPLY-SIDE ANALYSIS   291

FIGURE 62            APPROACH 2: DEMAND-SIDE ANALYSIS                 292

FIGURE 63            ORGANIC ACIDS MARKET SIZE ESTIMATION – BOTTOM-UP APPROACH              293

FIGURE 64            ORGANIC ACIDS MARKET SIZE ESTIMATION – TOP-DOWN APPROACH                294

FIGURE 65            ORGANIC ACIDS MARKET: DATA TRIANGULATION             295