Acidity Regulators Market is Gaining Traction as Irish Food Company
Acidity regulators can work effectively in helping you to avoid various problems like heart disease, diabetes, and other related diseases and disorders. It is very much possible to use this product for curing certain diseases since this can be considered as a natural drug, which means that it can be used in the absence of any medical supervision. Acidity regulators are also very helpful in the treatment of acid reflux, gastric ulcers, and ulcerative colitis. If you suffer from any of these conditions, it would be best to seek the help of this product.
Increasing consumer demand for food and beverages and processed foods is expected to drive growth of the global acidity regulators market during the forecast period. The consumption of processed and convenience food has increased significantly over the years with increasing population of working people in both developed and emerging economies. According to the India Brand Equity Foundation (IBEF), the food processing industry contributed 14% of the country’s GDP in 2016. Such a significant rise in the adoption of premium food and beverages has led to increased demand for acidity regulators in the food and beverage industry. Acid regulators help to change acidity or alkalinity in food, which is crucial for its safety, processing, and tasty. Hence, these factors are expected to drive growth of the global acidity regulators market during the forecast period. Furthermore, rising shift towards dressings, sauces, and condiments combined with the emergence of value-added products is expected to boost the global acidity regulators market growth over the forecast period.
However, controversies related to side-effects of these regulators on health combined with the emergence of low-cost suppliers are expected to hamper the global acidity regulators market growth over the forecast period. Besides, the emergence of new product applications can present lucrative growth opportunities in the global acidity regulators market. Among regions, Asia Pacific is expected to witness significant growth in the global acidity regulators market during the forecast period. This is owing to rapid growth of the food & beverage industry in India and China in the region. Furthermore, North America is expected to register a robust growth rate over the forecast period, owing to increasing fruit beverage consumption in the U.S.
Key players operating in the global acidity regulators market are Tate & Lyle plc, Archer Daniels Midland (ADM), Purac Biochem B.V., Cargill Incorporated, Univar, Purac Biochem B.V., Kerry Group, and Innophos Holding Inc.
For instance, in July 2019, Kerry Group, an Ireland-based food company, inaugurated a new facility in India to boost operations.