Citric Acid Production Cost Analysis 2020
Citric acid is a weak organic acid. It naturally occurs in citrus fruits. In biochemistry, citric acid is used an intermediate in the citric acid cycle that occurs in the metabolism of all aerobic organisms. More than 2 million tons of citric acid are produced annually. It is utilised mostly as an acidifier, as a flavouring, and a chelating agent. Thus, it finds its applications across food, cosmetics, pharamaceutical industries, among other industries. Citric acid is found in a number of fruits as well as vegetables, most commonly in the citrus fruits. Lemons or limes have particularly high concentrations of this acid. It can make up as much as 8% of the dry weight of these fruits.
Industrial-scale citric acid manufacturing first began in the year 1890, where the juice was treated with hydrated lime to precipitate calcium citrate, which was isolated and converted back to the acid using dilute sulphuric acid.
Procurement Resource provides an in-depth cost analysis of Citric Acid production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer additional analysis of the report with detailed breakdown of all cost components (Capital Investment Details, Production Cost Details, Economics for another Plant Location, Dynamic Cost Model).