Report ID: SQMIG30C2125
Report ID:
SQMIG30C2125 |
Region:
Global |
Published Date: December, 2024
Pages:
260
|
Tables:
77 |
Figures:
75
Organic Acid Market size was valued at USD 12.3 Billion in 2023 and is poised to grow from USD 13.01 Billion in 2024 to USD 19.31 Billion by 2032, growing at a CAGR of 5.80% during the forecast period (2025-2032).
Organic acid is a type of organic compound that typically has acidic properties. A common example of organic acids is called carboxylic acids, which are generally known as weak acids. acids and do not completely dissociate in a medium such as water, unlike strong minerals. The simplest form of organic acids, such as acetic and formic, are generally used in anti-stimulation treatment corrosion for gas and oil, as these are less reactive than hydrochloric acids and other strong acids.
The prevention of microbiological and fungal deterioration of animal feed is another benefit of dietary acidification with organic acid for environmental hygiene. Organic acids are widely used to both control the amount of acid in food and to improve flavour. The compounds are highly valued for their antioxidant and preservation qualities, which has a positive impact on the organic acid market. During the forecast period, it is expected that rising global population and GDP development in developing economies will fuel demand for organic acids. Due to their use in numerous medications like phenacetin and aspirin, the pharmaceutical industry is also anticipated to have a strong need for organic acids.
US Organic Acid Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30C2125