Malic Acid Market is an organic compound whose molecular formula is C4H6O5. It is a dicarboxylic acid produced by all living organisms, which contributes to the sour taste of fruits, and it is also utilized as a food ingredient. Nowadays it is also used to treat most of the diseases. In various industries it is used as a substitute of citric acid. The other applications of malic acid include cosmetics industries, health, pharmaceutical industries, personal care among others.
Global malic acid market is expected to register a substantial CAGR of 5.1% in the forecast period of 2019-2026. The high growth of this market is due to the growing demand of malic acid in pharmaceutical industries. The report contains data of the base year 2018 and historic year 2017.
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Competitive Analysis: Global Malic Acid Market
Few of the major competitors currently working in Global Malic Acid Market are Bartek Ingredients Inc., The Chemical Company, Polynt, Novozymes, Thirumalai Chemicals Ltd, Changmao Biochem, FINORIC LLC, Prinova Group LLC, YONGSAN CHEMICAL., FUSO CHEMICAL CO., LTD., Tate & Lyle, among others. Key Pointers Covered in the Global Malic Acid Market Trends and Forecast to 2026
- Global Malic Acid Market New Sales Volumes
- Global Malic Acid Market Replacement Sales Volumes
- Global Malic Acid Market Installed Base
- Global Malic Acid Market By Brands
- Global Malic Acid Market Size
- Global Malic Acid Market Procedure Volumes
- Global Malic Acid Market Product Price Analysis
- Global Malic Acid Market Healthcare Outcomes
- Global Malic Acid Market Cost of Care Analysis
- Global Malic Acid Market Regulatory Framework and Changes
- Global Malic Acid Market Prices and Reimbursement Analysis
- Global Malic Acid Market Shares in Different Regions
- Recent Developments for Global Malic Acid Market Competitors
- Global Malic Acid Market Upcoming Applications
- Global Malic Acid Market Innovators Study
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Key Developments in the Market:
- In February 2019, Bartek Ingredients Inc. the world’s largest producer of malic acid has expanded its malic acid production capacity by 4,000 ton/year. The main aim for this expansion is to expand their product portfolio by launching new malic acid products in the market in order to meet the market demand
- In October 2018, Thirumalai Chemicals Ltd. has authorised the implementation of the Food Ingredients Project (Malic Acid & Fumaric Acid & others) in the USA to expand their product portfolio in the market
Scope of the Malic Acid Market
- Global Malic Acid Market By Type (D-Malic Acid, L- Malic Acid and DL- Malic Acid), Raw Material (Maleic Anhydride and Fumaric Acid), Form (Fine, Dust, Granular and Special Fine), End-Use (Beverages, Confectionery & Food, Personal Care & Cosmetics, Pharmaceuticals, Paints and Soaps, Construction, Electroplating and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global malic acid market is expected to register a substantial CAGR of 5.1% in the forecast period of 2019-2026. The high growth of this market is due to the growing demand of malic acid in pharmaceutical industries. The report contains data of the base year 2018 and historic year 2017.
- Malic acid is an organic compound whose molecular formula is C4H6O5. It is a dicarboxylic acid produced by all living organisms, which contributes to the sour taste of fruits, and it is also utilized as a food ingredient. Nowadays it is also used to treat most of the diseases. In various industries it is used as a substitute of citric acid. The other applications of malic acid include cosmetics industries, health, pharmaceutical industries, personal care among others.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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