Global DL Malic Acid Market Growth 2023-2029

Global DL Malic Acid Market Growth 2023-2029

Malic Acid, the natural acid constituent of apple, finds wide application in the food industry. Due to its compatibility with all types of flavour, the flavour enhancing property, the sharp, lingering acid taste and the high water solubility nature, it is ideally suited for the preparation of Juices, Soft drinks, Cider and Wines. DL-Malic acid is an organic compound with the molecular formula C4H6O5. It is a dicarboxylic acid that is made by all living organisms, contributes to the pleasantly sour taste of fruits, and is used as a food additive.

DL Malic acid (2-hydroxy butanedioic acid) is manufactured through the hydration of Fumaric acid (trans-1, 2-ethylenedicarboxylic acid). A water molecule is added to each molecule of Fumaric acid. This is done under heat with high pressure. The duration of reaction determines the completeness of hydration.

LPI (LP Information)' newest research report, the “DL Malic Acid Industry Forecast” looks at past sales and reviews total world DL Malic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected DL Malic Acid sales for 2023 through 2029. With DL Malic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world DL Malic Acid industry.

This Insight Report provides a comprehensive analysis of the global DL Malic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on DL Malic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global DL Malic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for DL Malic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global DL Malic Acid.

The global DL Malic Acid market size is projected to grow from US$ 319.9 million in 2022 to US$ 372 million in 2029; it is expected to grow at a CAGR of 372 from 2023 to 2029.

Global DL-Malic Acid key players include FUSO, Isegen South Africa, Polynt, Bartek, etc.

USA is the largest market, with a share about 20%, followed by Europe, and Japan, both have a share about 30 percent.

In terms of product, White crystalline powder is the largest segment, with a share over 75%. And in terms of application, the largest application is Beverages, followed by Confectionary, Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of DL Malic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Dl-Malic Acid Solution
Granular Dl-Malic Acid
Crystalline Powder

Segmentation by application
Food and Beverages
Confectionary
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thirumalai Chemicals
Polynt
Fuso Chemical
Bartek
Changmao Biochem
Isegen South
Anhui Sealong
Changmao Biochemical
Jinhu Lile

Key Questions Addressed in this Report

What is the 10-year outlook for the global DL Malic Acid market?

What factors are driving DL Malic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do DL Malic Acid market opportunities vary by end market size?

How does DL Malic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.