Category: Art

Global Capric Acid Market: Industry Analysis and Forecast (2020-2027) By End-User of peracetic acid, food and beverages sector was highest propelling segment, accounting for over 43% of the market share in 2019. Beverages industry is constantly recording significant growth owing to increasing demand from developing countries such as India and China. Major application of capric acid in food and beverages includes, stabilization, flavour enhancement, flavour fixation, adjustment of acid levels and bacterial sterilization. Thus, widely used in canned, sauces, ice creams, cake mixes, desserts, baked goods, puddings, packaged vegetables, frozen fruits and fish and cheese products. It also highly demanded by wine and fruit juice manufacturing industries as they are they are massively consumed beverages category will further drive the market growth during forecasted period.