Market Share of South America Food Acidulants Industry
Owing to the high demand of citric acid in the south American country, companies like Cargill tapped into the market before its competitors and constructed citric acid plant in the Brazil to gain the competitive edge.
Tate & Lyle and Cargill are few prominent players offering citric acid as a food ingredient in Brazil. Food & beverage, and healthcare are the trending industries in Brazil, it is further expected to increase the consumption of citric acid as a flavoring agent, preservative, binding agent, and acidulants in these industries.
South America Food Acidulants Market Leaders
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Cargill, Incorporated
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Tate & Lyle
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SUCROAL
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Archer Daniels Midland Company
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Corbion NV
*Disclaimer: Major Players sorted in no particular order
