Food Grade Acetic Acid Market - Forecast(2023 - 2028)

Food Grade Acetic Acid Market size is estimated to reach $4.9 billion by 2027, growing at a CAGR of 6.5% during the forecast period 2022-2027. Food Grade Acetic Acid is utilized as an acidity regulator under code E260 in the food industry. The fermentation of acetic acid may be anaerobic fermentation or aerobic fermentation. Industrial grade dyeing glacial acetic acid is a typical chemical product. The acetic acid food additive is commonly utilized in food flavoring. The fascinating solvent characteristics of acetic acid, together with its capability to form miscible mixtures with both polar and non-polar compounds, make it a very vital industrial solvent. The surging inclination towards ready-to-eat and packaged foods is set to drive the Food Grade Acetic Acid Market. The typical application of Food Grade Acetic Acid as a food additive in home cooking is set to propel the growth of the Food Grade Acetic Acid Industry during the forecast period 2022-2027. This represents the Food Grade Acetic Acid Industry Outlook.

Food Grade Acetic Acid Market Report Coverage

The “Food Grade Acetic Acid Market Report - Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Food Grade Acetic Acid Market.

By Fermentation Type: Aerobic Fermentation, Anaerobic Fermentation and Others.
By Application: Household, Commercial and Others.
By Geography: North America (the U.S., Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest Of The World (the Middle East and Africa).

Key Takeaways

• Geographically, Asia-Pacific (Food Grade Acetic Acid market share) accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to accelerated growth of the food industry in the Asia-Pacific region.
• The growth of the Food Grade Acetic Acid Market is being driven by the extensive application of white vinegar for the descaling and surging delivery of food including food grade acetic acid by online platforms to consumers. However, great concentrations of acetic acid can bring about irritation and serious skin injuries like skin burns or allergic responses. This is one of the major factors hampering the growth of the Food Grade Acetic Acid Market.
• Food Grade Acetic Acid Market Detailed Analysis of the Strengths, Weaknesses and Opportunities of the prominent players operating in the market would be provided in the Food Grade Acetic Acid Market report. 

Food Grade Acetic Acid Market Segment Analysis - by Fermentation Type

The Food Grade Acetic Acid Market, based on fermentation type, can be further segmented into Aerobic Fermentation, Anaerobic Fermentation and Others. The Aerobic Fermentation Segment held the largest share of the Food Grade Acetic Acid market in 2021. This growth is due to the soaring application of aerobic fermentation in the microbial oxidation of ethanol to acetic acid. Aerobic fermentation is principally performed by the yeasts (Saccharomyces cerevisiae) and secondly by the bacteria (Acetobacter aceti). The vital role of Gluconobacter in oxidizing ethanol to acetic acid is further propelling the growth of the Aerobic Fermentation segment.

Furthermore, the Anaerobic Fermentation segment is estimated to grow at the fastest CAGR of 7.2% during the forecast period 2022-2027 due to the soaring performance of anaerobic fermentation by clostridium sp. of bacteria in the absence of oxygen.

Food Grade Acetic Acid Market Segment Analysis - by Application

The Food Grade Acetic Acid Market, based on the application, can be further segmented into Household, Commercial and Others. The Commercial Segment held the largest share of the Food Grade Acetic Acid market in 2021. This growth is fueled by the growing application of food grade acetic acid in commercial pickling operations and condiments like mustard and ketchup in the food industry. The reaction of vinegar with alkaline chemicals like baking soda discharges a gas that helps in puffing up baked goods. This is further propelling the growth of this segment. Furthermore, the Household segment is estimated to grow at the fastest CAGR of 8.3% during the forecast period 2022-2027 due to the snowballing application of Food Grade Acetic Acid in household applications like being a food constituent in mustard and as a food additive.

Food Grade Acetic Acid Market Segment Analysis - by Geography

Asia-Pacific (Food Grade Acetic Acid Market) dominated the Food Grade Acetic Acid market with a 35% share of the overall market in 2021. The growth of this region is driven by soaring health awareness among consumers in Asia-Pacific. The rising inclination towards premium products is further propelling the growth of the Food Grade Acetic Acid Industry, thereby contributing to the Food Grade Acetic Acid Industry Outlook, in the Asia-Pacific region.

Furthermore, the North American region is estimated to be the region with the fastest CAGR over the forecast period 2022-2027. This growth is driven by factors like the surging application of aerobic fermentation in household applications in the North American region. The expanding application of food grade acetic acid in the U.S. is further fueling the progress of the Food Grade Acetic Acid Market in the North American region.

Food Grade Acetic Acid Market Drivers

Surging Significance of Fermentation in the Biological Technique of Acetic Acid Production:

The biological technique is typically engaged for the commercial production of acetic acid by way of microorganisms like yeasts and bacteria. The fermentation of acetic acid may be anaerobic fermentation or aerobic fermentation. The anaerobic fermentation is performed utilizing Clostridium sp. of bacteria (in the absence of oxygen). Aerobic fermentation is principally performed by yeasts (Saccharomyces cerevisiae) and secondly by bacteria (Acetobacter aceti). Currently, greater-yielding strains are engaged in vinegar fermentation which is able to yield 13-14% of acetic acid. The surging significance of fermentation in the biological technique of acetic acid production is therefore fueling the growth of the Food Grade Acetic Acid Market during the forecast period 2022-2027.

Soaring Versatility of Food Grade Acetic Acid:

Food grade acetic acid is a versatile constituent for food and beverage producers. Food grade acetic acid provides great preservative characteristics for pickling. It is also repeatedly discovered in typical household condiments from balsamic vinegar to mayonnaise, mustard and ketchup. Acetic acid is discovered in balsamic glazes, sauces and dressings. Acetic Acid Food Grade is extensively approved for use as a food additive. The price of 15-49 metric tons of food grade 99.8% acetic acid with CAS 64-19-7 is $520.00. The soaring versatility of food grade acetic acid is, therefore, driving the growth of the Food Grade Acetic Acid Industry. This contributes to the Food Grade Acetic Acid Industry Outlook during the forecast period 2022-2027.

Food Grade Acetic Acid Market Challenges

Deceptive Application of Dilute Acetic Acid for Vinegar and Application of Vinegar with Unrecognized Acidity in Pickles:

Acetic acid must not be utilized under conditions that lead to consumer deception like replacing dilute acetic acid for vinegar in pickled products. Vinegar is a preservative and flavoring agent in nearly all pickles. A vinegar with unrecognized acidity must never be utilized. Vinegar should include 5% acetic acid. Unless the recipe specifies, the vinegar must not be diluted. One needs to be certain of the acetic acid content in vinegar. The direct application of vinegar as a drink can generate throat and esophagus wounds due to the caustic aspect of acetic acid. These issues are, thus, hampering the growth of the Food Grade Acetic Acid Market.

Food Grade Acetic Acid Industry Outlook

Numerous initiatives for expansions and collaborations to enhance product portfolio and quality are key strategies adopted by players in the Food Grade Acetic Acid Market. The top 10 companies in the Food Grade Acetic Acid market are:

1. Mitsubishi Chemical Corporation
2. Saudi International Petrochemicals
3. Wacker Chemie
4. Eastman Chemical Company
5. DuPont
6. British Petroleum
7. Celanese Corporation
8. LyondellBasell
9. Daicel Corporation
10. Navin Enterprise

Recent Developments

• In April 2021, Eastman Chemical Company declared that it acquired 3F Feed & Food. 3F's business and assets are anticipated to enhance the continuous worldwide development of Eastman's animal nutrition business. They would become a portion of its Additives & Functional Products segment.
• In June 2020, BP declared that it had consented to market its global petrochemicals business to INEOS. This was performed for a total consideration of $5 billion. This was subject to customary adaptations. 

Relevant Reports:

Acetic Acid Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 0159

Auxins Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 24091

Gallic Acid Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 1007

For more Food and Beverage Market reports, please click here