Acrylamide Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2030
Market Forecast Global Acrylamide Market Share is expected to exhibit a CAGR of around 4% during the forecast period and cross USD 4.5 Billion in value by 2027. Acrylamide is an organic compound with the chemical formula C3H5NO. It is a white, odorless solid, soluble in water and several organic solvents, which is extensively used as a precursor of polyacrylamide and acrylamide copolymers. Regulatory Framework Regulatory bodies such as The European Union and FDA regulate the use of acrylamide in food products by setting lower benchmark values of acrylamide. Regulation 2017/2158 establishes best practices, mitigation measures, and benchmark levels for the reduction of the presence of acrylamide in food. In the year 2016, the FDA developed Guidance for Industry that outlines strategies to help growers, manufacturers, and foodservice operators reduce acrylamide in the food supply. Segmentation By Application This segment is further segmented into water &a