Malic Acid Market in China 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 malic acid market in China, in terms of revenue, is expected to grow by 5.1 percent annually through 2028, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the China market, followed by a detailed analysis of the product, and end user. The China 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. According to the research, the food & beverages segment had the largest share in the malic acid market in China.
As of 2021, the major players in the China malic acid market were Anhui Sealong Biotechnology Co. Ltd., Changmao Biochemical Engineering Company Limited, China BBCA Group Corp., Jinhu Lile Biotechnology Industry Co. Ltd., Yongsan Chemicals Inc.
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