Citric Acid Market Size to Reach USD 4.81 Billion by 2031 | Clean Label Demand and Detergent Shift Supporting Steady Growth

AI Briefing

• – Citric acid market is expected to reach USD 4.81 billion by 2031, driven by clean label demand and the shift towards detergents.
• – The global citric acid market is expected to witness significant growth, driven by increasing adoption in the food and beverage industry, particularly in the development of clean label products.
• – The demand for citric acid is also expected to rise in the cosmetics and pharmaceutical industries, driven by its preservative and acidity regulator properties.