Report overview
An organic acid is an organic compound with acidic properties. Bio based organic acid refers to acid that produced from renewable sources. Organic Acid Product is a broad category with a lot of product types. Key product under the segment include Acetic Acid, Citric Acid, Lactic Acid, Ascorbic Acid, Gluconic Acid, Succinic Acid etc.
This report aims to provide a comprehensive presentation of the global market for Bio-Based Organic Acids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Based Organic Acids. This report contains market size and forecasts of Bio-Based Organic Acids in global, including the following market information:
Global Bio-Based Organic Acids Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Bio-Based Organic Acids Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Bio-Based Organic Acids companies in 2022 (%)
The global Bio-Based Organic Acids market was valued at US$ 5790.6 million in 2022 and is projected to reach US$ 7245.5 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Bio-Organic Acid includes Corbion, NatureWorks, Henan Jindan Lactic Acid Technology, Galactic and BBCA Group, etc. Global top 5 companies hold a share over 34%. Asia-Pacific is the largest market, with a share about 44%, followed by North America and Europe with the share about 24% and 23%.
We surveyed the Bio-Based Organic Acids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-Based Organic Acids Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Based Organic Acids Market Segment Percentages, by Type, 2022 (%)
Acetic Acid
Formic Acid
Citric Acid
Lactic Acid
Succinic Acid
Ascorbic Acid
Fumaric Acid
Gluconic Acid
Other
Global Bio-Based Organic Acids Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Based Organic Acids Market Segment Percentages, by Application, 2022 (%)
Chemical products
Food Products
Coatings
Lubricating Oils
Pharmaceuticals
Cosmetics
Other
Global Bio-Based Organic Acids Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Based Organic Acids Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-Based Organic Acids revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bio-Based Organic Acids revenues share in global market, 2022 (%)
Key companies Bio-Based Organic Acids sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bio-Based Organic Acids sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Abengoa
BASF SE
Cargill
Corbion NV
Zhejiang Hisun
Novozymes A / S
Methanex
Mitsubishi Chemical
Mitsui?Co.Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio-Based Organic Acids, market overview.
Chapter 2: Global Bio-Based Organic Acids market size in revenue and volume.
Chapter 3: Detailed analysis of Bio-Based Organic Acids manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bio-Based Organic Acids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bio-Based Organic Acids capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
