How Large Will The Acidity Regulators Market Be By 2025?
The market size of acidity regulators has seen robust growth over the past few years. Its growth is projected to rise from $7.79 billion in 2024 to $8.23 billion in 2025, with a compounded annual growth rate (CAGR) of 5.7%. The growth observed in the historic period is mostly due to the expansion of the food and beverage sector, a surge in processed food consumption, shifts in consumer trends, worldwide population increase, as well as health and safety regulations.
The market for acidity regulators is projected to experience significant expansion in the upcoming years. The market is estimated to escalate to $11.51 billion in 2029, proliferating at a compound annual growth rate (CAGR) of 8.7%. The anticipated growth during the forecasted period can be credited to the increasing awareness of health, demand for ingredients that are natural and organic, government norms and regulation, an uptick in the consumption of convenience food, and the influence of international trade and globalization. Some key trends expected during the forecast period encompass innovation in the functional beverages sector, technological progression in production, considerations for health and wellness, emphasis on clean labels and natural ingredients, and product innovation.
What Are The Major Driving Forces Influencing The Acidity Regulators Market Landscape?
The growth of the acidity regulators market is projected to escalate due to the rising demand within the food and beverage sector.
This sector encompasses all enterprises involved in the processing, packaging, and dispersal of raw food items. Acidity regulators, crucial for food processing, flavor, and safety, are employed to modify and maintain a specific pH or alkalinity level in the food. For instance, the British Soft Drinks Association, in their 2024 ANNUAL REPORT, disclosed that the UK’s total consumption of soft drinks rose from 14,114 million liters in 2021 to 14,912 million liters in 2022, finally reaching 15,343 million liters in 2023. Thus, the heightened demand for food and beverages is propelling the expansion of the acidity regulators market.
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