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Malic Acid Market Overview - Key Futuristic Trends and Opportunities

The expanding food and beverage industry globally is anticipated to be a major factor for substantial industry growth over the next few years. Growing consumer awareness towards obesity issues has led to increased consumption of low-calorie beverages which is expected to positively impact the product demand.

The Global Malic Acid Market is expected to reach USD 244.0 million by 2024, according to a new report by Grand View Research, Inc.


Beverages accounted for 49.3% of the global malic acid market in 2015. Growing liquid and powdered beverages consumption along with surging artificial flavorant demand in carbonated drinks are estimated to drive the product demand in beverages over the next few years. The increasing confectionery and food processing facilities, especially in Asia Pacific, North America, and Europe, is yet another factor anticipated to steer the product demand in the near future.

Asia Pacific is anticipated to experience the highest growth over the foreseeable future. The region is estimated to grow at a CAGR of 5.2% over the next eight years.

To Know More About Malic Acid Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/malic-acid-market

China malic acid demand is expected to witness high growth on account of expanding personal care & cosmetics and processed food production facilities in the region. The product demand in confectionery and food sector is expected to reach a net worth exceeding USD 14 million by 2024.

Top Players of Malic Acid Market:

Some of the leading industry participants include Bartek Ingredients, Inc. Fuso Chemicals Co., Ltd, Miles Chemicals, Thirumalai Chemicals Ltd. (TCL), Lonza, and Polynt. The other key players include Changmao Biochemical Engineering Company Limited, Isegen South Africa (Pty), Ltd., Yongsan Chemicals, Prinova, The Chemical Company (TCC), and Anhui Sealong Biotechnology Co., Ltd.

Market Segmentation of Malic Acid Market:

The Global Malic Acid Market segmented on the basis of End-Use, And Region.

By End-Use:

    Beverage
    Confectionery
    Personal care

By Region:

    North America
        US
        Canada
        Mexico
    Europe
        France
        UK
        Germany
    Asia Pacific
        China
        Japan
        India
    Central & South America
        Brazil
    Middle East & Africa

Inquire about Malic Acid Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1395
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