Citric Acid Monohydrate(CAS 5949-29-1)
Market
Citric Acid Monohydrate(CAS 5949-29-1) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Citric Acid Monohydrate(CAS 5949-29-1) Market Size and Growth
The Citric Acid Monohydrate market is witnessing steady growth, driven by demand across food, beverage, and pharmaceutical sectors. In 2023, the market size is estimated at approximately $2.5 billion, with expectations of continued expansion due to increasing applications and rising consumer awareness of health benefits associated with citric acid.
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Companies Covered
(Covid 19 Impact Covered)
◍ Jungbunzlauer
◍ Huangshi Xinghua Biochemical
◍ Weifang Ensign Industry
◍ Foodchem
◍ TTCA
◍ Prakash Chemicals
◍ Paras Chemical Industries
◍ Jiangsu Guoxin Union Energy
◍ Zeenish Pharma
◍ Cambodia Wangkang Biochemical
◍ SRI SAIBABA CHEMICAL
◍ RZBC Group
The Citric Acid Monohydrate market features key players like Jungbunzlauer, Huangshi Xinghua Biochemical, and Weifang Ensign, driving growth through diverse applications in food, pharmaceuticals, and cosmetics. These companies enhance market presence with innovative production methods, contributing to overall industry expansion and increasing sales revenue significantly.
- Jungbunzlauer: Approx. $1 billion
- RZBC Group: Approx. $700 million
- Prakash Chemicals: Approx. $250 million
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Market Segmentation
By Application
◍ Food & Beverages
◍ Personal Care & Cosmetics
◍ Cleaners & Detergents
◍ Feed & Pet Food ◍ Textile Industry ◍ Pharmaceutical ◍ Others
By Product
◍ Food Grade Citric Acid
Monohydrate
Pharma Grade Citric Acid
Monohydrate
Industrial Grade Citric Acid
Monohydrate
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Market Growth
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$ X Billion USD
