Food Additive Acetic Acid Market

The food additive acetic acid market refers to the market for acetic acid used as a preservative, flavoring agent, and acidulant in the food and beverage industry. Acetic acid is a clear, odorless liquid used extensively in the food industry to preserve and enhance the flavor of a variety of foods.

The market for food additive acetic acid is growing due to the rising demand for processed and convenience foods, the rising population, and the increase in disposable incomes. As acetic acid is regarded as a natural food preservative, the market is also driven by the increasing demand for natural and organic food products.

Risks: The availability of substitutes such as citric acid, lactic acid, and phosphoric acid poses the greatest threat to the growth of the acetic acid market for food additives. Additionally, excessive consumption of acetic acid can cause stomach problems, dental erosion, and other health problems.

The rising demand for natural and organic food products is anticipated to create opportunities for the acetic acid food additive market. The growing demand for acetic acid in emerging markets, such as Asia-Pacific and Latin America, is also anticipated to drive market expansion.

In 2018, the Asia-Pacific region dominated the market for acetic acid as a food additive, accounting for over 40% of the global market share. Europe and North America came in second and third, respectively. The growth of the market in the Asia-Pacific region can be attributed to the rising population, increasing disposable income, and shifting lifestyles, which are driving the demand for processed food products.

Among others, BASF SE, Celanese Corporation, Eastman Chemical Company, LyondellBasell Industries Holdings B.V., Mitsubishi Chemical Corporation, and Wacker Chemie AG are the key players in the food additive acetic acid market.