Citric Acid Market Size & Share Analysis – Growth Trends & Forecasts (2025 – 2030)

The report covers Global Citric Acid Market by Application and it is segmented by Form (Liquid and Anhydrous), Application (Food and Beverage (Bakery, Confectionery, Dairy, Beverages and Other Food and Beverages), Pharmaceuticals, Personal Care, and Other Applications), and Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

Citric Acid Market Size & Share Analysis – Growth Trends & Forecasts (2025 – 2030)

Citric Acid Market Size

Study Period 2019 – 2030
Market Size (2025) USD 3.77 Billion
Market Size (2030) USD 4.62 Billion
CAGR (2025 – 2030) 4.16 %
Fastest Growing Market Asia Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Citric Acid Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Citric Acid Market Analysis

The Citric Acid Market size is estimated at USD 3.77 billion in 2025, and is expected to reach USD 4.62 billion by 2030, at a CAGR of 4.16% during the forecast period (2025-2030).

  • The versatile nature of citric acid makes it a valuable component in various industries, including food and non-food sectors. It is utilized as an acidulant, preservative, antioxidant, buffering, and binding agent. The applications of citric acid, in both liquid and anhydrous forms, span across different domains, such as food and beverages, pharmaceuticals, personal care, and more. In food products, citric acid is added as an additive to intensify sourness, tartness, and flavor. Moreover, its inclusion suppresses microbial growth, thereby increasing the shelf life of food products and driving the demand for citric acid.
  • The popularity of citric acid in medicines and dietary supplements is on the rise globally. Its use helps preserve and stabilize the active ingredients in medicines and can also enhance the taste of chewable and syrup-based medications. Citric acid is also known to boost the absorption of mineral supplements like magnesium and calcium.
  • Moreover, consumers are increasingly demanding citric acid extraction from natural sources as they prefer vegan sources for their products. This trend has led market players to focus on continuously launching new products with improved application capabilities and high-quality standards. As a result, the market for citric acid is expected to grow significantly in the coming years.

Citric Acid Industry Overview

The global citric acid market is highly competitive and fragmented, with key players such as Archer Daniels Midland (ADM), Cargill Incorporated, Jungbunzlauer Company, Cofco Biochemical, and Gadot Biochemical Industries Ltd. These players dominate the market owing to factors such as the continuous launch of new products with high-quality and versatile applications. To gain a competitive advantage, brands are focusing on differentiating their products in terms of taste and high solubility.

Companies are also investing in research and development (R&D) and marketing while expanding their distribution channels to maintain their position in the market. Furthermore, they are adopting competitive strategies by investing in developing new-generation technologies to produce citric acid ingredients, which can help reduce costs and improve the product’s sustainability. Overall, the market players’ positioning is determined by their ability to innovate and provide high-quality products that cater to the varying demands of the customers.

Citric Acid Market Leaders

  1. Jungbunzlauer Suisse AG
  2. Cofco Biochemical
  3. Cargill, Incorporated
  4. Gadot Biochemical Industries Ltd
  5. Shandong Ensign Industry Co. Ltd
  6. *Disclaimer: Major Players sorted in no particular order

Citric Acid Market News

  • November 2022: Gadot Biochemical Industries launched a new product called Cal2Mg, which is a composition of calcium citrate and magnesium citrate. The product is produced using a unique granulation process with the addition of a binder. This process helps to enhance the product’s texture, making it easier to handle and incorporate into various food applications. With this launch, Gadot Biochemical Industries aims to cater to the growing demand for high-quality, functional food ingredients that can provide additional nutritional benefits to consumers.
  • June 2022: Jungbunzlauer, a key player in the citric acid market, has recently introduced a new product named Monomagnesium citrate. It is a monobasic magnesium salt with a molar ratio of 1:1, and it is primarily used as a mineral source in functional foods, beverages, and food supplements. Due to its pleasantly sour taste and high solubility, Monomagnesium citrate is the preferred magnesium salt for mineral-fortified beverage powders. With this new product, Jungbunzlauer aims to cater to the growing demand for functional food ingredients that offer additional nutritional benefits while also providing an enjoyable taste experience to consumers.
  • April 2021: Jungbunzlauer, a leading producer of citric acid and citrate-based ingredients, has announced plans for the expansion of its Citric plant in Port Colborne, Canada. The expansion is aimed at meeting the growing global demand for citric acid and citrate-based functional and bio-based ingredients. The move is a response to the consistently strong demand for these ingredients and is expected to provide the company with greater production capacity to meet the growing needs of its customers. With this expansion plan, Jungbunzlauer aims to strengthen its position as a key player in the citric acid market and provide high-quality citric acid and citrate-based ingredients to meet the diverse needs of the food, beverage, pharmaceutical, and personal care industries.

Citric Acid Market Report – Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter’s Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Form
    • 5.1.1 Liquid
    • 5.1.2 Anhydrous
  • 5.2 Application
    • 5.2.1 Food and Beverage
    • 5.2.1.1 Bakery
    • 5.2.1.2 Confectionery
    • 5.2.1.3 Dairy
    • 5.2.1.4 Beverages
    • 5.2.1.5 Other Foods and Beverages
    • 5.2.2 Pharmaceutical
    • 5.2.3 Personal Care
    • 5.2.4 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Russia
    • 5.3.2.5 Spain
    • 5.3.2.6 Italy
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 India
    • 5.3.3.2 China
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Jungbunzlauer Suisse AG
    • 6.3.2 Cargill Incorporated
    • 6.3.3 Merck KGaA
    • 6.3.4 Gadot Biochemical Industries
    • 6.3.5 Archer Daniels Midland Company
    • 6.3.6 Foodchem International Corporation
    • 6.3.7 Cofco Biochemical
    • 6.3.8 Posy Pharmachem Pvt Ltd
    • 6.3.9 Hawkins Pharmaceutical Group
    • 6.3.10 Saudi Bio-Acids Company

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Citric Acid Industry Segmentation

Citric acid is a weak organic acid naturally found in several citrus fruits such as lemons, limes, etc.

The citric acid market is segmented by form, application, and geography. By form, the market is segmented into liquid and anhydrous. By application, it is segmented into food and beverage, pharmaceuticals, personal care, and other applications. The food and beverage segment is further sub-segmented into the bakery, confectionery, dairy drinks, and other foods and beverages. By geography, the market studied is segmented into North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

For each segment, the market sizing and forecasts have been done based on value (in USD).

Form Liquid
Anhydrous
Application Food and Beverage Bakery
Confectionery
Dairy
Beverages
Other Foods and Beverages
Application Pharmaceutical
Personal Care
Other Applications
Geography North America United States
Canada
Mexico
Rest of North America
Geography Europe Germany
United Kingdom
France
Russia
Spain
Italy
Rest of Europe
Geography Asia-Pacific India
China
Japan
Australia
Rest of Asia-Pacific
Geography South America Brazil
Argentina
Rest of South America
Geography Middle-East and Africa South Africa
United Arab Emirates
Rest of Middle-East and Africa

Citric Acid Market Research FAQs

How big is the Citric Acid Market?

The Citric Acid Market size is expected to reach USD 3.77 billion in 2025 and grow at a CAGR of 4.16% to reach USD 4.62 billion by 2030.

What is the current Citric Acid Market size?

In 2025, the Citric Acid Market size is expected to reach USD 3.77 billion.

Who are the key players in Citric Acid Market?

Jungbunzlauer Suisse AG, Cofco Biochemical, Cargill, Incorporated, Gadot Biochemical Industries Ltd and Shandong Ensign Industry Co. Ltd are the major companies operating in the Citric Acid Market.

Which is the fastest growing region in Citric Acid Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Citric Acid Market?

In 2025, the Asia-Pacific accounts for the largest market share in Citric Acid Market.

What years does this Citric Acid Market cover, and what was the market size in 2024?

In 2024, the Citric Acid Market size was estimated at USD 3.61 billion. The report covers the Citric Acid Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Citric Acid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.