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Citric Acid
Market, Supplier, Risk and
Competitive Intelligence

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Subscription Benefits:

  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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Manage Citric Acid Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Citric Acid related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Citric Acid to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Citric Acid related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Citric Acid to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Check out what’s included in market information for Citric Acid on Beroe LiVE.Ai™

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Report Coverage

  • Market Analysis of Citric Acid
  • Value Chain Analysis
  • Global Market Outlook
  • Industry Analysis

Table of Contents

  1. Executive Summary
  2. Supply–Demand
  3. Price, Demand, and Cost Drivers
  4. Procurement Best Practices
  5. Citric Acid MIP Calculation – Brazil
  6. COVID-19 ImpactActivated Carbon Market Analysis
  1. Market Analysis of Food Preservative
  2. Global Market
  3. Food Acids/Organic Preservative: Global Market Outlook
  4. Preferential Analysis of Food Acidulants
  1. Market Analysis of Citric Acid
  2. Value Chain Analysis
  3. Global Market Outlook
  4. Industry Analysis
  5. Trade Regulations
  6. Supplier Profiling
  1. Purchasing Process
  2. Sample RFP/RFI Questionnaire

Want a more detailed personalised report?

Citric Acid Global Market Outlook:

Market Growth:

  • Global market size: $2.5 billion
  • CAGR: 3.7 percent

Price Drivers:

  • Feedstock price volatility
  • Trade relations between countries and anti-dumping duties

Porter's Analysis on Citric Acid

Supplier Power

  • Corn prices are determined, based on domestic supply–demand and global scenario
  • Prices are indexed to large trading entities, such as CBOT and Euronext
  • Molasses prices move parallel to sugar prices in the EU and prices are determined largely by price movements of sugar #11

Barriers to New Entrants

  • Citric acid producers in China get high subsidies and chances of new entrants are high in the country
  • With strong dominance of Chinese suppliers, chance of new entrants outside China is low

Intensity of Rivalry

  • The number of suppliers of citric acid is considerable, thereby escalating the rivalry
  • Citric acid is largely a commoditized market with major Chinese suppliers competing at price front
  • In order to gain market share, many Chinese suppliers started selling citric acid at a very low price

Threat of Substitutes

  • Acetic acid is the significant replacer of citric acid, since the price of citric acid is two fold of acetic
  • There are major substitutes, like lactic, fumaric, malic and acetic acid, still citric acid is the most widely used food acids for its preservative characteristic and commercial availability

Buyer Power

  • Large buyers from the food & beverage industry hold a slight edge during negotiations
  • There are only few suppliers outside China and these suppliers tend to determine prices
  • These suppliers are protected from cheap dumping from China by the respective governments through ADDs
  • Imported prices and domestic prices tend to be comparable

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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