Citric Acid Market to witness steady growth over the long-term...

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2023-11-14 12:22:30 -

Citric Acid Market to witness steady growth over the long-term horizon fueled by rising demand from food & beverages industry

SWOT Analysis Strength: Citric acid is a natural organic acid and is classified as a food additive that is generally recognized as safe (GRAS) by regulatory authorities. It has wide applications as a flavoring agent and preservative.Weakness: Fluctuations in raw material prices can impact the overall production cost of citric acid. Bio-based production of citric acid requires high capital...

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