Summary:

• The global organic acids market size reached US$ 26.7 Billion in 2023.
• The market is expected to reach US$ 50.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
• Acetic acid leads the market, accounting for the majority of the market share owing to its versatile applications in food, pharmaceuticals, and chemicals.
• Chemical synthesis represents the largest segment due to the high demand for consistency and scalability in production processes.
• Chemical and industrial remain a dominant end user in the market because of their extensive utilization of organic acids in various manufacturing operations.
• Asia-Pacific leads the market with its rapid economic growth and increasing investments in industrial sectors.  
• The growth of the organic acids market is driven by the increasing adoption of organic acids in the agriculture sector as bio-based fertilizers and pesticides.
• The rising consumer awareness regarding health and nutrition is boosting the demand for organic acids in dietary supplements, as they are known to have various health benefits.