U.S. Acids Market Size, Share & Trends Report, 2022-2030
The U.S. Acids market size was valued at US$ 6.45 billion in 2021 and is expected to hit US$ 11.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030.
Growth Factors:
The growth is attributed to increasing demand for convenience food along with technological innovations for the production of cost-effective products in the country.
The demand for organic acids is growing in the animal feed industry due to their ability to improve the performance of aqua, poultry, swine, and other feeds. Numerous research initiatives and investments have been made in the microbial fermentation process to increase productivity and yield through the selection of new strains. This can be achieved by improving the recovery and process of purification, optimizing the fermentation process, and employing genetically modified microorganisms.
Antibiotics are shown to improve weight gain in animals by reduction of clinical and subclinical infection by eliminating the presence of bacteria in GIT and consistently reducing immune stimulation and enhancing nutrient digestibility. These factors, among others, are considered as quality parameters desired in an effective antibiotic alternative. Despite the availability of numerous alternatives in the market, organic acids are the most effective alternatives that can increase nutrient digestibility and reduce pathogenic bacteria through their effect on pH in the GIT.
Phosphoric acid is used in wastewater treatment to remove the discharge of contaminants to the environment. It is used to prevent scale formation and corrosion in the water distribution system. In textiles, it is used as an oxidizing agent. With the increasing market growth of the textile industry in the U.S. due to the changing lifestyle and high living standards, the demand for phosphoric acid is likely to grow.
The rise in the number of pets in North America, especially in the U.S., has led to a surge in the consumption of pet food, pet medicines, and veterinary products. The mounting consumption of sodium amino acids in pet food, pet medicine, and veterinary supplements is expected to further drive the market.
Report Scope of the U.S. Acids Market
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Report Coverage |
Details |
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Market Size in 2021 |
USD 6.45 Billion |
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Revenue Projection By 2030 |
USD 11.6 Billion |
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Growth Rate |
CAGR of 7.2% from 2022 to 2030 |
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Base Year |
2021 |
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Historical data |
2017 - 2020 |
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Forecast Period |
2022 to 2030 |
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Segments Covered |
Type |
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Companies Mentioned |
Polynt Group; Cargill Inc.; BASF SE; Archer Daniels Midland (ADM) Company; PVS Chemicals Inc.; General Chemical USA; Akzo Nobel N.V. |
Type Insights
The organic type segment dominated the market and accounted for a revenue share of over 73.0% in 2021. This is attributed to the rising use of organic acids in animal feed as well as a substitute in several end-use industries. The demand for food and beverages is expected to increase due to its growing penetration in the meat, poultry, and seafood industries.
Organic acids, mainly produced using microbial pathways, are gaining more importance due to their rising demand in the biotechnology market. The microbial pathways are, however, less preferred in comparison to the chemical synthesis method as the latter can be produced more economically by synthetic rather than fermentation processes. This trend is expected to change over the coming years with the discovery of new applications and rising costs of petrochemicals.
Major application areas of organic acids comprise agriculture, animal feed, and food & beverage, among others, which have gained significant recognition over the past years. Benzoic, butyric, myristic, malic, mid-chain fatty, sorbic, lactic, and fumaric acids are used as feed preservatives for animal nutrition.
Organic acids and their derivatives are predominantly used in feed production and food and beverages in the U.S. The analysis of organic acids is carried out by gas chromatography-mass spectrometry for the separation of derivatives. Organic acid salts are the acidifying substances that are added to the feed to improve the feed conversion efficiency and inhibit the development of pathogenic microorganisms in the intestine.
An inorganic acid is derived from one or more inorganic compounds. The commonly used inorganic acids are sulfuric, hydrochloric, hydrofluoric, and nitric acid. The rising U.S. population has led to an increase in local food manufacturing, thus driving the fertilizers production, and further triggering the product demand. These types of acids are also incorporated during the metal extraction process. Thus, expansion in end-use industries is anticipated to drive the market over the forecast period.
The food and beverages application segment dominated the U.S. inorganic acids market and accounted for the largest revenue share of over 30.65% in 2021. This is attributed to the growing demand for functional food products in the country. Additionally, surging demand from several end-use industries such as animal feed, and pharmaceuticals among others are likely to drive the market over the forecast period.
Some of the prominent players in the U.S. Acids Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at U.S. for the period of 2017 to 2030
Key Points Covered in U.S. Acids Market Study:
Chapter 1 Methodology and Scope
1.1 Market segmentation & scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Nova one advisor’s Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.4 Information analysis & Data Analysis Models
1.5 Market Research Approaches
1.6 Research scope and assumptions
1.7 List to Data Source
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 U.S.Acids Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Acids Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material trends
3.3.2 Manufacturing trends
3.3.3 sales channel analysis
3.4 Price Trend Analysis, 2017 - 2030
3.5 Regulatory Framework
3.6 Impact of COVID-19 Pandemic
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.2 Market Restraint Analysis
3.7.3 Industry Challenges
3.7.4 Market Opportunity Analysis
3.8 U.S. Acids Market: Business Environment Analysis
3.8.1 Supplier Power
3.8.2 Buyer Power
3.8.3 SubStitution threat
3.8.4 Threat of New entrant
3.8.5 Competitive rivalry
3.9 U.S. Acids Market: Macro Economic Analysis
Chapter 4 U.S. Acids Market: Type Estimates & Trend Analysis
4.1 Type Movement Analysis & Market Share, 2020 & 2030
4.2 Market Size & Forecasts and Trend Analysis, 2017 to 2030 for the following:
4.2.1 Organic
4.2.1.1 U.S. Organic Acids Market Estimates & Forecasts, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.2 Personal Care & Cosmetics
4.2.1.2.1 U.S. Organic Acids Market Estimates & Forecasts, in personal care & cosmetics, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.3 Food & Beverages
4.2.1.3.1 U.S. Organic Acids Market Estimates & Forecasts, in food & beverages, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.4 Pharmaceutical
4.2.1.4.1 U.S. Organic Acids Market Estimates & Forecasts, in pharmaceuticals, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.5 Animal Feed
4.2.1.5.1 U.S. Organic Acids Market Estimates & Forecasts, in animal feed, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.6 Chemical Manufacturing
4.2.1.6.1 U.S. Organic Acids Market Estimates & Forecasts, in chemical manufacturing, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.7 Agriculture
4.2.1.7.1 U.S. Organic Acids Market Estimates & Forecasts, in agriculture, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.8 Consumer Goods
4.2.1.8.1 U.S. Organic Acids Market Estimates & Forecasts, in consumer goods, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.9 Lubricants
4.2.1.9.1 U.S. Organic Acids Market Estimates & Forecasts, in lubricants, 2017 - 2030 (Million tons) (USD Billion)
4.2.1.10 Others
4.2.1.10.1 U.S. Organic Acids Market Estimates & Forecasts, in others, 2017 - 2030 (Million tons) (USD Billion)
4.2.2 Inorganic
4.2.2.1 U.S. Inorganic Acids Market Estimates & Forecasts, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.2 Agriculture
4.2.2.2.1 U.S. Inorganic Acids Market Estimates & Forecasts, in agriculture, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.3 Paints & Coatings
4.2.2.3.1 U.S. Inorganic Acids Market Estimates & Forecasts, in paints & coatings, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.4 Textiles
4.2.2.4.1 U.S. Inorganic Acids Market Estimates & Forecasts, in textiles, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.5 Petroleum
4.2.2.5.1 U.S. Inorganic Acids Market Estimates & Forecasts, in petroleum, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.6 Metalworking
4.2.2.6.1 U.S. Inorganic Acids Market Estimates & Forecasts, in metalworking, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.7 Wastewater Treatment
4.2.2.7.1 U.S. Inorganic Acids Market Estimates & Forecasts, in wastewater treatment, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.8 Chemical Manufacturing
4.2.2.8.1 U.S. Inorganic Acids Market Estimates & Forecasts, in chemical manufacturing, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.9 Pulp & Paper
4.2.2.9.1 U.S. Inorganic Acids Market Estimates & Forecasts, in pulp & paper, 2017 - 2030 (Million tons) (USD Billion)
4.2.2.10 Others
4.2.2.10.1 U.S. Inorganic Acids Market Estimates & Forecasts, in others, 2017 - 2030 (Million tons) (USD Billion)
Chapter 5 U.S. Acids Market: Competitive Analysis
5.1 Key Global Players & Recent Development
5.2 Vendor Landscape
5.2.1 List of Raw Material Suppliers
5.2.2 List of Key Manufacturers
5.2.3 List of Potential End–users
5.3 Competitive Environment
5.4 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)
Chapter 6 U.S. Acids Market: Company Profile
6.1 Akzo Nobel NV
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product portfolio
6.1.4 Strategic initiative
6.2 Basic Chemical Solutions LLC
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product portfolio
6.2.4 Strategic initiative
6.3 PVS Chemicals, Inc.
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product portfolio
6.3.4 Strategic initiative
6.4 Navin Fluorine International Limited
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product portfolio
6.4.4 Strategic initiative
6.5 Cargill Inc.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product portfolio
6.5.4 Strategic initiatives
6.6 The Dow Chemical Company
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product portfolio
6.6.4 Strategic initiatives
6.7 BASF SE
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product portfolio
6.7.4 Strategic initiatives
6.8 Tate & Lyle Plc
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product portfolio
6.9 AjinomotoCo., Inc.
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product portfolio
6.9.4 Strategic initiatives
6.10 Adisseo
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product portfolio
6.10.4 Strategic initiatives
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers