Regional Analysis
Global Citric Acid Market Regional Insights:
- Europe is expected to be the largest market for citric acid, accounting for 45% of the market share in 2023. The growth of the global citric acid market in Europe can be attributed to the increasing demand for citric acid in countries such as France, Germany, the Netherlands, and Russia.
- Asia Pacific is expected to account for 25% of the market share in 2023. The growth of the global citric acid market in Asia Pacific is due to the increasing demand for citric acid in countries such as India and China.
- North America is expected to account for 15% of the market share in 2023. The growth of the global citric acid market in North America is due to the growing food and beverage industry, pharmaceuticals, and personal care products.
Geographies covered:
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, and Mexico
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, and Rest of Middle East