Global Malic Acid Market 2017-2021
- Published: Sep 2017
- Pages: 83
- SKU: IRTNTR14306
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This industry research report identifies Bartek, Changmao Biochem, FUSO CHEMICAL, Polynt, and Thirumalai Chemicals as the key vendors in the global malic acid market. This industry research report also presents a comprehensive analysis of the market by product type (L-malic acid, D-malic acid, and DL-malic acid), by application (beverages, confectionaries and food, personal care and cosmetics, and others), and by geography (Americas, APAC, Europe, and ROW).
Overview of the global malic acid market
Technavio’s market study identifies the growing demand for processed food to be one of the primary growth factors for the malic acid market. Increasingly busy lifestyles and development of new business models have increased the demand for ready meals and processed food and beverage products. Malic acid is a key organic acid that is extensively used as a flavor enhancer in manufacturing processed food and beverage products. The market analysts estimate that the market will grow steadily at a CAGR of more than 5% by 2021.
Food and beverage industry extensively uses malic acid as an acidulant and taste enhancer in ready-to-eat food products and carbonated drinks. Additionally, malic acid is extensively used in chocolate manufacturing, both hard candies and soft jellies. Support provided by various government and regulatory authorities influence the growth of malic acid consumption and application in various food and beverage industries. The evolution of malic acid in food and beverages industry is identified to be one of the key trends contributing towards the growth of the malic acid market.
Competitive landscape and key vendors
The malic acid market is highly fragmented due to the presence of several international and regional players focusing on expanding their geographical presence. Vendors in the DL-malic acid market compete based on the distribution network and featured applications of malic acid. Increasing demand for malic acid and the growing food and beverage industry will contribute to the expansion of the vendors operations.
The leading vendors in the market are -
- Changmao Biochem
- FUSO CHEMICAL
- Thirumalai Chemicals
The other prominent vendors in the market are Anhui Sealong Biotechnology, Yongsan Chemicals, Miles Chemical, The Chemical Company, Spectrum Chemical, Isegen South Africa, Corbion, Mitsubishi Chemical, Tate & Lyle, and Mubychem Group.
Segmentation by product and analysis of the malic acid market
- L-malic acid
- D-malic acid
- DL-malic acid
L-malic acid occurs naturally and provides various benefits after infusing in food products by acting as an acidity regulator, antioxidant, and taste additive. Additionally, L-malic acid enhances the flavor and improves the taste infused in beverage while, increase the absorption rate of amino acid in medicines.
Segmentation by application and analysis of the malic acid market
- Confectionaries and food
- Personal care and cosmetics
Malic acid is utilized as a flavor blender and fruit flavor enhancer by prolonging their release. Additionally, malic acid provides high level of sourness due to which, it is infused in low-calorie drinks and in apple drinks to enhance the flavor and stabilize the color.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global malic acid market?
- What are the key market trends impacting the growth of the global malic acid market?
- What are the challenges to market growth?
- Who are the key vendors in the global malic acid market?
- What are the market opportunities and threats faced by the vendors in the global malic acid market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW.
- What are the key outcomes of the five forces analysis of the global malic acid market?
Technavio also offers customization on reports based on specific client requirement.
Malic acid is a type of organic compound that exists in the form of a dicarboxylic acid which is made up of living organisms. It has a sour taste of fruits and is used as a food additive. Our market research reports for the chemicals and materials industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like specialty chemicals. This upcoming industry research report on the global malic acid market offers insights into the major trends and evolving drivers inducing the growth of the specialty chemicals industry.
Our market research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various specialty chemicals products and services to offer an all-inclusive picture of the global malic acid market for the estimated period of 2017-2021.
To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global malic acid market also covers geographies like the Americas, APAC, and Europe. This upcoming market research report on the global malic acid market also covers vendors like Novozymes, U.S. Chemicals LLC, and Prinova LLC, Thirumalai Chemicals Ltd, and the Chemical Company
The upcoming industry report on the global malic acid market also offers insights into fast-growing segments within the specialty chemicals industry, including sectors like agrochemicals and fertilizers and textile, fiber, and composites. Furthermore, this report also presents visions into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.
Our market research methodology for the malic acid market
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Global malic acid market
- Five forces analysis
PART 06: Market segmentation by product
- Global malic acid market by product
- Global L-malic acid market
- Global D-malic acid market
- Global DL-malic acid market
PART 07: Market segmentation by application
- Global malic acid market by application
- Global malic acid market in beverages industry
- Global malic acid market in confectioneries and food industry
- Global malic acid market in personal care and cosmetics industry
- Global malic acid market in other industries
PART 08: Geographical segmentation
- Global malic acid market by geography
- Malic acid market in APAC
- Malic acid market in Americas
- Malic acid market in Europe
- Malic acid market in ROW
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Evolution of malic acid in food and beverages industry
- Increased consumption of nutritional bars in the US
- Rising awareness of health issues
PART 12: Vendor landscape
- Competitive Landscape
- Key vendors in global malic acid market
- Other prominent vendors
PART 13: Key vendor analysis
- Changmao Biochem
- FUSO CHEMICAL
- Thirumalai Chemicals
PART 14: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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