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Acidity Regulators Market (Phosphoric, Lactic & Citric Acid) Worth $ 5.2 Billion by 2018 - New Report by MarketsandMarkets
Date:9/15/2013

re followed for the production of acids which in turn gave a moderate production of certain acids. Initially, almost all the acids were extracted by natural fermentation but with an increasing demand this scenario has changed with a use of various modern technologies (namely methanol carbonylation, oxidative fermentation, acetaldehyde oxidation). Keeping in view this increasing demand, manufacturers are reviving investments in capacity and facility expansions. As a competitive need, manufacturers are not only adopting innovative and path breaking technologies but also are providing competitive edge to the companies to enhance their profit margins.

Consumer Acceptance for Processed Foods

Rise in demand for processed products and increasing consumer fondness for convenience foods and ready-to-drink beverages have aided the food acidity regulators market for a favorable growth. The increasing levels of disposable income of the consumers, and the time saved while preparing the meals necessitates a growing demand for food grade acetic and citric acid, both of which find application in the manufacture of processed foods. Acidity regulators provide stability and add to the shelf life of the chilled, frozen, dried, and canned foods. Improved availability of such foods and the growing purchasing power of consumers in the developing countries have further augmented the growth of food acidity regulators market. Growing popularity of western foods will also continue to boost this categorys performance over the forecasted period. In 1982, U.S. consumers spent 11% of grocery budget on drinks and 5.3% on other foods, according to the governments figures whereas current market data shows drinks are up slightly to 11.1% with a little less spending of 5.1% on the latter.

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