The global Malic Acid market had reached approximately 105 thousand tonnes in the year 2023 and is expected to grow at a CAGR of 5.88% during the forecast period until 2034.
Malic Acid, an organic dicarboxylic acid, is naturally occurring in all fruits and many vegetables during fruit metabolism, although it is primarily synthesized from maleic anhydride via hydration. This acid crystallizes from aqueous solutions as white, anhydrous, non-volatile crystals with a high melting point of 130 degrees Celsius. It finds application across the chemical, pharmaceutical, and food and beverage industries due to its chelating power, low melting point, and water solubility. Malic Acid serves as a taste enhancer in sweets, beverages, fruit preserves, baked goods, and bread, and is crucial for producing oral care items like toothpaste, mouthwash, and effervescent preparations. With recognition from regulatory bodies like the U.S. Food and Drug Administration (FDA) for its safety, malic acid serves as a widely accepted flavour enhancer and preservative in the food industry, meeting the growing demand for enhanced taste experiences in food and beverages. Additionally, it aids in adjusting beverage pH levels and masking undesirable tastes in pharmaceuticals. Malic acid serves various medicinal and industrial purposes. It aids in mitigating the adverse effects of anti-cancer medications on human cells and is employed in stabilizing pharmaceutical formulations, including amino acid solutions used in treating conditions such as hypertension, liver disease, and anaemia. In the textile sector, malic acid distinguishes itself by its lack of unpleasant odors compared to other chemicals, and it finds application as a finishing agent to confer wrinkle-free properties to fabrics. There are three different types of malic acid: L-Malic acid, D-Malic acid, and DL-Malic acid.
The food and beverage sector serves as a significant driver of economic growth, with notable expansion observed globally in recent years. This growth is propelled by an increased demand for food additives aimed at enhancing taste and flavour in both developed and developing nations. Factors such as urbanization and rising disposable incomes, leading to a preference for diverse culinary experiences, further contribute to this trend. Malic acid stands out as a crucial ingredient utilized for flavor enhancement in various food and beverage products, including juices, confectionery items, desserts, and bakery goods. Its capacity to impart a tart taste and act as a preservative makes it particularly valuable, commonly applied in products like wine and sour sweets as a substitute for citric acid. The global Malic Acid is anticipated to expand and reach approximately 170 thousand tonnes by 2034.
Based on demand across the globe, Asia Pacific is the biggest consumer of Malic Acid. This prominence can be attributed to several factors. Firstly, the Asia Pacific region encompasses populous countries with growing economies such as China and India, where there is a rising demand for processed foods, beverages, and personal care products. Additionally, the food and beverage industry in this region is experiencing rapid growth due to changing consumer preferences, urbanization, and increasing disposable incomes. As a result, there is a greater need for food additives like malic acid, which serves as a flavor enhancer and preservative in various food and beverage products. Furthermore, the pharmaceutical and personal care industries in Asia Pacific also contribute to the demand for malic acid, as it is used in products such as pharmaceuticals, cosmetics, and oral care items. Overall, the combination of growing consumer markets, expanding industrial sectors, and changing lifestyles in the Asia Pacific region drives the significant consumption of malic acid.
Based on end-uses, the global Malic Acid market is segregated into Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, and Others. Although, the Food & Beverages industry is the dominating as a consumer industry for Malic Acid market. It is anticipated to remain the most significant consumer in forecast period. In skincare formulations, Malic Acid is utilized to rejuvenate and improve skin condition.
Major players in the production of Global Malic Acid are Bartek Ingredients Inc., Changmao Biochemical Engineering Co. Ltd, Fuso Chemicals Co., Ltd, Isegen South Africa (Pty) Ltd, Thirumalai Chemicals Co. Ltd, Anhui Sealong Biotechnology Co., Ltd, Prinova Group LLC, YONGSAN CHEMICALS, INC., Polynt SpA, Miles Chemical, Zhonglan Industry Co., Ltd., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Malic Acid which covers production, demand and supply of Malic Acid market in the globe.
• To analyse and forecast the market size of Malic Acid
• To classify and forecast Global Malic Acid market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Malic Acid market in the globe.
To extract data for Global Malic Acid market, primary research surveys were conducted with Malic Acid manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Malic Acid market over the coming years.
ChemAnalyst calculated Malic Acid demand across the globe by analyzing the volume of Malic Acid consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Malic Acid manufacturers and other stakeholders
• Organizations, forums and alliances related to Malic Acid distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Malic Acid s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Malic Acid s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
105 thousand tonnes
Market size Volume by 2034
170 thousand tonnes
Growth Rate
CAGR of 5.88% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Type, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Which region is leading as a consumer of the global Malic Acid market?
Ans:
Asia Pacific is the largest consumer of the global Malic Acid market.
Q2.
Which end-use industry is dominating the Global Malic Acid market?
Ans:
The Food & Beverages industry is dominating the Malic Acid market with a market share of about 73% in 2023.
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