Reports and Data’s latest report is an exhaustive study of the global Malic Acid market and provides accurate market projections, besides key information on the current and future market trends. The Malic Acid industry analysis report highlights the leading products and services available in this market. Key aspects of the industry including forecast revenue share, sales & distribution, pricing structure, and production and consumption rates of each regional market have been discussed in the report. Furthermore, the report elaborates on the key aspects of the market such as import & export ratios, consumer bases, sales channels, and the most lucrative regional markets.
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Further key findings from the report suggest
- Malic acid has used an acidulant, a buffering agent, a chelating agent, and an antioxidant flavoring agent. In pharmaceutical, it is used as a general-purpose acidulant. The acid possesses a slight apple flavor and is used in medicines as a flavoring agent to mask bitter tastes and also to provide tartness.
- Malic acid is effective in promoting growth and also as feed saving agent for ruminants such as cattle and sheep, and, it is used as an effective milk-promoting agent for female ruminants. The animal feed segment is forecasted to grow with a CAGR of 4.4% during the forecast period.
- It has been seen that biofuel-related coproducts can be used to support the microbial malic acid production, but the level of malic acid produced is dependent on the type of coproduct and the ability of the microbe to tolerate or utilize it. A coproduct that can be used to support the acid production is thin stillage, which is formed during the dry milling of corn to produce ethanol.
- Key participants include Prinova LLC, Changmao Biochemical Engineering Company Limited, Bartek Ingredients, Polynt S.P.A, Thirumalai Chemicals, Fuso Chemicals, Wego Chemical & Mineral Corp., U.S. Chemicals LLC, Lonza, and The Chemical Company, among others.
- In July 2019, the board of Thirumalai Chemicals approved the company’s proposal to set up a subsidiary in the United States to establish and operate a food ingredients manufacturing facility, including malic and fumaric acid. The new plant will have a capacity of about 30,000 tonnes a year, which will address the growing demand in the global market, including North America.
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For the purpose of this report, Reports and Data have segmented into the global Malic Acid market on the basis of production method, type, application, and region:
Production Method Outlook (Revenue, USD Million; 2017-2027)
- From Sugar
- Biofuel-Related Coproducts
- Lignocellulosic Biomass-Based Production
- poly(β-L-malic acid) (PMA) Production
Type Outlook (Revenue, USD Million; 2017-2027)
- D-malic acid
- L-malic acid
- DL-malic acid
Application Outlook (Revenue, USD Million; 2017-2027)
- Food and Beverage
- Personal Care
- Pharmaceutical
- Construction
- Electroplating
- Others
Regional Outlook (Revenue, USD Million; 2017-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Key points covered in the report:
- The report presents a detailed study of the global Malic Acid market
- It specializes in the study of the major market dynamics including driving and restraining market growth, latest product trends, and latest technological advancements
- Includes market classification based on product type, application spectrum, and end-use landscape, and distribution channel
- Major focus on the latest product developments, new techniques incorporated, and company profiles of leading players in the market
Frequently asked questions addressed in the report:
- What is the projected growth rate of the global Malic Acid market over the forecast period?
- What are the latest trending factors influencing market growth?
- What are the major factors driving the growth of the Global Malic Acid Market?
- What are the risks and challenges existing in the industry?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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