Functional Beverage Market Size, Share & Trends Analysis Report By Ingredient, By Product, By Application, By Region, And Segment Forecasts, 2023 - 2033

 

Market Overview:

The global Functional Acids market was valued at USD 3.56 billion in 2022 and expected to grow at a CAGR of 7.7% during the forecast period.

Functional acids are a type of organic compounds that contain a carboxylic acid functional group (-COOH) which gives them their acidic properties. These compounds have a wide range of applications in various fields such as food, pharmaceuticals, and polymers.

Some common examples of functional acids include acetic acid (found in vinegar), formic acid (used as a preservative and pesticide), citric acid (used as a flavour enhancer and preservative in food), and salicylic acid (used in skincare products to treat acne and exfoliate skin).

Functional acids are also important in organic synthesis as they can be used as building blocks to create more complex molecules. They can be reacted with alcohols to form esters, which are commonly used in fragrances and flavourings.

In addition, functional acids play a crucial role in biochemistry as they are involved in various metabolic processes in living organisms. For example, fatty acids are used to build cell membranes and are also a source of energy for the body.

Overall, functional acids are versatile compounds with a wide range of applications in various industries and fields.

 

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