In 2023, the import volume of salts and esters of citric acid to the UK stood at approximately 14.2 million kilograms. Forecasted data suggests a steady yearly increase in imports, with a 2.1% year-on-year growth in 2024, reaching 14.489 million kilograms. By 2028, this is projected to rise to 15.667 million kilograms, reflecting a consistent annual growth rate (CAGR) of approximately 2.0% over five years.
Future trends to watch for:
- Shifts in consumer preferences towards more natural food preservatives could boost demand for citric acid derivatives.
- Trade policies and potential post-Brexit trade agreements may influence import volumes and sourcing strategies.
- The rise of sustainable and eco-friendly production practices could impact the supply chain and costs associated with citric acid salts and esters.