Functional acids have a positive effect on body function and condition. Functional acids play an important role in the regulation of the digestive, cardiovascular, nervous and immune systems.
The global market for Functional Acids was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for Functional Acids was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Functional Acids was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for Functional Acids was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies of Functional Acids include Ajinomoto, ADM, Kao, Ashland, Cargill, CJ CheilJedang, Evonik Industries, Sumitomo Chemical and Permata Hijau Group, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Functional Acids, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Functional Acids by region & country, by Type, and by Application.
The Functional Acids market size, estimations, and forecasts are provided in terms of sales volume (Ton) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Functional Acids.
Market Segmentation
By Company
Ajinomoto
ADM
Kao
Ashland
Cargill
CJ CheilJedang
Evonik Industries
Sumitomo Chemical
Permata Hijau Group
Alltech
Wilmar
Klk
Ioi
Musim Mas
Oleon
Teck Guan
Segment by Type:
Amino Acids
Fatty Acids
Other
Segment by Application
Food & Beverage
Pharmaceutical
Cosmetic & Personal Care
Dietary Supplements & Nutraceuticals
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Functional Acids manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Functional Acids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Functional Acids in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Functional Acids Product Introduction
1.2 Global Functional Acids Market Size Forecast
1.2.1 Global Functional Acids Sales Value (2019-2030)
1.2.2 Global Functional Acids Sales Volume (2019-2030)
1.2.3 Global Functional Acids Sales Price (2019-2030)
1.3 Functional Acids Market Trends & Drivers
1.3.1 Functional Acids Industry Trends
1.3.2 Functional Acids Market Drivers & Opportunity
1.3.3 Functional Acids Market Challenges
1.3.4 Functional Acids Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Functional Acids Players Revenue Ranking (2023)
2.2 Global Functional Acids Revenue by Company (2019-2024)
2.3 Global Functional Acids Players Sales Volume Ranking (2023)
2.4 Global Functional Acids Sales Volume by Company Players (2019-2024)
2.5 Global Functional Acids Average Price by Company (2019-2024)
2.6 Key Manufacturers Functional Acids Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Functional Acids Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Functional Acids
2.9 Functional Acids Market Competitive Analysis
2.9.1 Functional Acids Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Functional Acids Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Functional Acids as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Amino Acids
3.1.2 Fatty Acids
3.1.3 Other
3.2 Global Functional Acids Sales Value by Type
3.2.1 Global Functional Acids Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Functional Acids Sales Value, by Type (2019-2030)
3.2.3 Global Functional Acids Sales Value, by Type (%) (2019-2030)
3.3 Global Functional Acids Sales Volume by Type
3.3.1 Global Functional Acids Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Functional Acids Sales Volume, by Type (2019-2030)
3.3.3 Global Functional Acids Sales Volume, by Type (%) (2019-2030)
3.4 Global Functional Acids Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food & Beverage
4.1.2 Pharmaceutical
4.1.3 Cosmetic & Personal Care
4.1.4 Dietary Supplements & Nutraceuticals
4.1.5 Others
4.2 Global Functional Acids Sales Value by Application
4.2.1 Global Functional Acids Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Functional Acids Sales Value, by Application (2019-2030)
4.2.3 Global Functional Acids Sales Value, by Application (%) (2019-2030)
4.3 Global Functional Acids Sales Volume by Application
4.3.1 Global Functional Acids Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Functional Acids Sales Volume, by Application (2019-2030)
4.3.3 Global Functional Acids Sales Volume, by Application (%) (2019-2030)
4.4 Global Functional Acids Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Functional Acids Sales Value by Region
5.1.1 Global Functional Acids Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Functional Acids Sales Value by Region (2019-2024)
5.1.3 Global Functional Acids Sales Value by Region (2025-2030)
5.1.4 Global Functional Acids Sales Value by Region (%), (2019-2030)
5.2 Global Functional Acids Sales Volume by Region
5.2.1 Global Functional Acids Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Functional Acids Sales Volume by Region (2019-2024)
5.2.3 Global Functional Acids Sales Volume by Region (2025-2030)
5.2.4 Global Functional Acids Sales Volume by Region (%), (2019-2030)
5.3 Global Functional Acids Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Functional Acids Sales Value, 2019-2030
5.4.2 North America Functional Acids Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Functional Acids Sales Value, 2019-2030
5.5.2 Europe Functional Acids Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Functional Acids Sales Value, 2019-2030
5.6.2 Asia Pacific Functional Acids Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Functional Acids Sales Value, 2019-2030
5.7.2 South America Functional Acids Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Functional Acids Sales Value, 2019-2030
5.8.2 Middle East & Africa Functional Acids Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Functional Acids Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Functional Acids Sales Value
6.2.1 Key Countries/Regions Functional Acids Sales Value, 2019-2030
6.2.2 Key Countries/Regions Functional Acids Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Functional Acids Sales Value, 2019-2030
6.3.2 United States Functional Acids Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Functional Acids Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Functional Acids Sales Value, 2019-2030
6.4.2 Europe Functional Acids Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Functional Acids Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Functional Acids Sales Value, 2019-2030
6.5.2 China Functional Acids Sales Value by Type (%), 2023 VS 2030
6.5.3 China Functional Acids Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Functional Acids Sales Value, 2019-2030
6.6.2 Japan Functional Acids Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Functional Acids Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Functional Acids Sales Value, 2019-2030
6.7.2 South Korea Functional Acids Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Functional Acids Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Functional Acids Sales Value, 2019-2030
6.8.2 Southeast Asia Functional Acids Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Functional Acids Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Functional Acids Sales Value, 2019-2030
6.9.2 India Functional Acids Sales Value by Type (%), 2023 VS 2030
6.9.3 India Functional Acids Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Ajinomoto
7.1.1 Ajinomoto Company Information
7.1.2 Ajinomoto Introduction and Business Overview
7.1.3 Ajinomoto Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Ajinomoto Functional Acids Product Offerings
7.1.5 Ajinomoto Recent Development
7.2 ADM
7.2.1 ADM Company Information
7.2.2 ADM Introduction and Business Overview
7.2.3 ADM Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.2.4 ADM Functional Acids Product Offerings
7.2.5 ADM Recent Development
7.3 Kao
7.3.1 Kao Company Information
7.3.2 Kao Introduction and Business Overview
7.3.3 Kao Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Kao Functional Acids Product Offerings
7.3.5 Kao Recent Development
7.4 Ashland
7.4.1 Ashland Company Information
7.4.2 Ashland Introduction and Business Overview
7.4.3 Ashland Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Ashland Functional Acids Product Offerings
7.4.5 Ashland Recent Development
7.5 Cargill
7.5.1 Cargill Company Information
7.5.2 Cargill Introduction and Business Overview
7.5.3 Cargill Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Cargill Functional Acids Product Offerings
7.5.5 Cargill Recent Development
7.6 CJ CheilJedang
7.6.1 CJ CheilJedang Company Information
7.6.2 CJ CheilJedang Introduction and Business Overview
7.6.3 CJ CheilJedang Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.6.4 CJ CheilJedang Functional Acids Product Offerings
7.6.5 CJ CheilJedang Recent Development
7.7 Evonik Industries
7.7.1 Evonik Industries Company Information
7.7.2 Evonik Industries Introduction and Business Overview
7.7.3 Evonik Industries Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Evonik Industries Functional Acids Product Offerings
7.7.5 Evonik Industries Recent Development
7.8 Sumitomo Chemical
7.8.1 Sumitomo Chemical Company Information
7.8.2 Sumitomo Chemical Introduction and Business Overview
7.8.3 Sumitomo Chemical Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Sumitomo Chemical Functional Acids Product Offerings
7.8.5 Sumitomo Chemical Recent Development
7.9 Permata Hijau Group
7.9.1 Permata Hijau Group Company Information
7.9.2 Permata Hijau Group Introduction and Business Overview
7.9.3 Permata Hijau Group Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Permata Hijau Group Functional Acids Product Offerings
7.9.5 Permata Hijau Group Recent Development
7.10 Alltech
7.10.1 Alltech Company Information
7.10.2 Alltech Introduction and Business Overview
7.10.3 Alltech Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Alltech Functional Acids Product Offerings
7.10.5 Alltech Recent Development
7.11 Wilmar
7.11.1 Wilmar Company Information
7.11.2 Wilmar Introduction and Business Overview
7.11.3 Wilmar Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Wilmar Functional Acids Product Offerings
7.11.5 Wilmar Recent Development
7.12 Klk
7.12.1 Klk Company Information
7.12.2 Klk Introduction and Business Overview
7.12.3 Klk Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Klk Functional Acids Product Offerings
7.12.5 Klk Recent Development
7.13 Ioi
7.13.1 Ioi Company Information
7.13.2 Ioi Introduction and Business Overview
7.13.3 Ioi Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Ioi Functional Acids Product Offerings
7.13.5 Ioi Recent Development
7.14 Musim Mas
7.14.1 Musim Mas Company Information
7.14.2 Musim Mas Introduction and Business Overview
7.14.3 Musim Mas Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Musim Mas Functional Acids Product Offerings
7.14.5 Musim Mas Recent Development
7.15 Oleon
7.15.1 Oleon Company Information
7.15.2 Oleon Introduction and Business Overview
7.15.3 Oleon Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Oleon Functional Acids Product Offerings
7.15.5 Oleon Recent Development
7.16 Teck Guan
7.16.1 Teck Guan Company Information
7.16.2 Teck Guan Introduction and Business Overview
7.16.3 Teck Guan Functional Acids Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Teck Guan Functional Acids Product Offerings
7.16.5 Teck Guan Recent Development
8 Industry Chain Analysis
8.1 Functional Acids Industrial Chain
8.2 Functional Acids Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Functional Acids Sales Model
8.5.2 Sales Channel
8.5.3 Functional Acids Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Ajinomoto
ADM
Kao
Ashland
Cargill
CJ CheilJedang
Evonik Industries
Sumitomo Chemical
Permata Hijau Group
Alltech
Wilmar
Klk
Ioi
Musim Mas
Oleon
Teck Guan
听
听
*If Applicable.