South America Organic Acid Market to Cross $427 million by 2026
Increasing agricultural activities coupled with easy
availability of raw materials are expected to drive South America organic acid market
through 2026
According to a recently published TechSci Research report, “South America Organic Acid Market By
Type, By End Use, By Country, Competition Forecast and Opportunities, 2012 – 2026”, the region’s organic acid market is
anticipated to cross USD427 million by 2026. Backed by expanding population and growing demand for food,
the region’s agriculture sector is growing at a robust pace, and positively
influencing South America organic acid market. Moreover, increasing investments
by major international players in for the development of organic acid is expected
to aid the region’s market during forecast period.
Browse 2 market data Tables and 43
Figures spread through 63 Pages and an in-depth TOC on "South
America Organic Acid Market"
https://www.techsciresearch.com/report/south-america-organic-acid-market-by-type-acetic-acid-citric-acid-formic-acid-lactic-acid-others-by-end-use-industrial-food-beverage-pharmaceutical-personal-care-others-by-country-competition-forecast-and-opportunities/1168.html
In
2016, Brazil accounted for the largest share in South America organic acid market
owing to increasing urbanization, expanding middle class and upper-class
population and changing eating habits. Moreover, growing applications
of organic acid in meat, dairy, bakery, beverages, etc., coupled with
increasing consumption of these food products in the country is expected to aid
Brazil organic acids market during forecast period. Colombia is the second
largest market for organic acids in South America.
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“Citric Acid was the most consumed type of organic acids in
South America during 2012 - 2016, and the same trend is expected to continue
through 2026 as well owing to increasing demand for additives of natural origin
in food & beverage and cosmetic industries. Additionally, stringent
government regulations and restrictions on the usage of chemicals in
agriculture, feed and food industries are positively influencing South America
citric acid market.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“South
America Organic Acid Market By Type, By End Use, By Country, Competition
Forecast and Opportunities, 2012 – 2026” has evaluated the
future growth potential of South
America organic acid market and provides statistics and information on
market structure and trends. The report is intended to provide cutting-edge
market intelligence and help decision makers take sound investment evaluation.
Besides, the report also identifies and analyzes emerging trends along with
essential drivers, challenges and opportunities available in South America organic acid market.
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