INCI name
Citric Acid
Also listed as: A fruit acid, used to set pH
Citric acid is a weak organic acid found in citrus fruit and produced industrially by fermentation. In cosmetics it is used far more often to adjust pH than as a peeling "fruit acid" treatment. A tiny amount can bring a formula down to a skin-friendly pH so that preservatives work and soaps feel less alkaline.
When you see citric acid near the end of a long list, it is probably a pH adjuster. When it is high on the list of a peel or a powder cleanser, it is there for acidity.