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Malic Acid Market Size, Industry Analysis Report, Regional Outlook Competitive Market Share & Forecast, 2017 – 2024
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The product is also gradually replacing antibiotics in animal feed which in turn is driving the malic acid market demand further. Moreover, evolution of new and innovative ingredients in the food and beverages industry is creating new opportunities for preservatives and flavorings.
Being a food additive, the product induces a pleasant taste to food and beverages it is added to. It uniformly helps in the masking any unpleasant after-tastes of vitamins, plant extracts, amino acids, nutraceuticals, or antioxidants in several health drinks. Increasing consumption of protein drinks and nutritional bars has led to a rise in malic acid market demand. Moreover, the demand for functional food and sports nutrition is accelerating at a prominent rate in developed economies such as the U.S., France, Japan and the UK.
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The product is available in two forms, mainly dry powder form and solid crystalline form. On the basis of source, malic acid market can be segmented into fruits and vegetables. It is obtained from fruits such as apples, watermelons, bananas, blackberries, apricots, mangoes, cherries, kiwi, grapes, lychees, strawberries, oranges, nectarines, pears, peaches, etc. In vegetables, malic acid is mainly found in tomatoes, potatoes, broccoli, beans, carrots, peas, and rhubarb.
Developing personal care product industry, on the account of increasing awareness about personal hygiene and cleanliness, will also have a positive influence on the global malic acid market in coming years.
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Reasons to Buy This Report:
1. Malic Acid Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Malic Acid Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Based on the application, the malic acid market is segmented into food and beverages, medical and pharmaceutical, personal care, animal feed and oil field applications to mention a few. In food and beverages, it is used in carbonated and non-carbonated beverages, powdered mixes, supplements, low calorie beverages, ciders, and wines, acidified dairy products, confectionaries, soft and hard candy, sugarless confections, chewing gums, fruit preparations, preservatives, desserts, and bakery products.
The Malic Acid Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Malic Acid Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Malic Acid Product Insights
16. Malic Acid Application Insights
17. Malic Acid Regional Insights
18. Competitor Profiles
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Primary players operating in the malic acid market include The Chemical Company (TCC), Wego Chemical & Mineral Corp., Polynt SpA, Thirumalai Chemicals Ltd. (TCL), Taiyuan Qiaoyou Chemical Industrial Co., Ltd, Isegen South Africa (Pty), Ltd, Changmao Biochemical Engineering Company Limited, Lonza, U.S. Chemicals LLC, Prinova, Yongsan Chemicals, Anhui Sealong Biotechnology Co., Ltd, Miles Chemical, Fuso Chemical Co., Ltd, and Bartek Ingredients, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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