Global Malic Acid Market 2022 - Industry Briefing
Malic acid is an organic compound with the molecular formula C₄H₆O₅. It is also known by the name of apple acid and fruit acid, and it is contained in many prepared foods. Malic acid has three stereoisomeric forms (L-, D- and DL-enantiomers), though only the L-isomer exists naturally. Malic Acid finds many applications as a food preservative and flavor enhancing compound, such as in the manufacture of low calorie drinks. The global malic acid market market is projected to rise by USD 53 million by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 4.1 percent during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, end user, and region. The global market data on malic acid can be segmented by product: DL-malic acid, D-malic acid, L-malic acid. Malic acid market is further segmented by end user: food & beverages, personal care & cosmetics, pharmaceuticals, others. Globally, the food & beverages segment made up the largest share of the malic acid market. Based on region, the malic acid market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
The global malic acid market is highly competitive. The leading players in the building automation and controls market include Anhui Sealong Biotechnology Co. Ltd., Bartek Ingredients Inc., Changmao Biochemical Engineering Company Limited, China BBCA Group Corp., Fuso Chemical Co. Ltd., Isegen S.A., Jinhu Lile Biotechnology Industry Co. Ltd., Polynt S.p.A., Sucroal S.A., Tate & Lyle PLC, Thirumalai Chemicals Limited (TCL), Yongsan Chemicals Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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