Presentation is loading. Please wait.

Presentation is loading. Please wait.

Malic Acid Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future.

Similar presentations


Presentation on theme: "Malic Acid Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future."— Presentation transcript:

1 Malic Acid Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 Malic Acid Market Research Report- Forecast to 2023 According to the study prepared by Market Research Future Reports, over the next five years, the Global Malic Acid Market will register CAGR of 4.70%, and in terms of revenue, the market size will reach USD 217.8 million till 2023. This report by MRFR presents a detailed study including a comprehensive overview, market shares, and growth opportunities of the Malic Acid Market by key manufacturers and key regions and countries. Malic Acid is mainly known as an organic compound that helps in adding a sour taste to fruits. Naturally occurring, Malic Acid is also most commonly used as a food additive and has applications in several other end-use industries such as pharmaceuticals and personal care products. Eventually, Malic Acid is naturally derived from various fruits such as apple, watermelon, and vegetables. This is also used for enhancing flavor and tartness in many confectionaries, bakery and bakery products. Therefore, the growth of Global Malic Acid is attributed to the increasing demand of Malic Acid in the food & beverages industry owing to its high antimicrobial property, enhancement of flavor, and ability of pH controlling ability. Malic Acid Market - Overview

3 www.marketresearchfuture.com3 Malic Acid Market Research Report- Forecast to 2023 According to the reports of MRFR, the Global Malic Acid Market has been segmented by Type, End-Use, and Region. Types of Malic Acid in the Global Malic Acid Market is characterized into DL-Malic Acid, L-Malic Acid, and D (+)-Malic Acid. Further, it has broadly been segmented as DL-malic acid, L-malic acid, and D(+)-malic acid. Among these, D (+)-malic acid has accounted to hold the strongest track of the market at the time of forecast owing to the mounting applications of this product in the food, beverage, agriculture, animal feed, and others. Even the L-Malic Acid is also another important segment, which is projected to proliferate at a significant CAGR of 18.67% share of the Global Malic Acid Market. By the mode of End-Use Industries, where Malic Acid is used have been segmented into personal care, food & beverage, pharmaceuticals, and others. Out of which, the food & beverage segment is expected to portray the highest revenue in the forecast period and would grow at the fastest pace. Meanwhile, the personal care segment is close to food & beverage and will continue to expand as awareness regarding wellbeing and hygiene increases. View Full Press Release @ https://www.marketresearchfuture.com/reports/malic-acid-market-4170https://www.marketresearchfuture.com/reports/malic-acid-market-4170 Segmental Analysis

4 www.marketresearchfuture.com4 Malic Acid Market Research Report- Forecast to 2023 Regional Outlook On a Geographical Note, the Asia Pacific region got established as the market leader among other regional markets, which is expected to generate revenue at the highest CAGR of 5.82% at the time of review period. This region is proliferating owing to the occurrence of several leading market players operating in the Global Malic Acid Market. Moreover, there is fast growth in the manufacturing sector with various end-user industries that are setting up manufacturing plants in the region. With this, the existence of a large consumer population along with increasing disposable income has resulted in a higher demand for food and beverages, which, in turn, is supporting the Global Malic Acid Market in substantial ways. Whereas, the North American market is considered to stay in the second position market, which is expected to reach a valuation of USD 53.7 Mn in market value by 2023. The U.S is the largest country-level market, and meanwhile, Europe accounts for 20% of the global market share and is probable to grow at a moderate pace.

5 www.marketresearchfuture.com5 Malic Acid Market Research Report- Forecast to 2023 Major Players in this Research Malic Acid Market Prominent Players: Tate & Lyle Corbion NV Polynt S.p.A Fuso Chemical Co., Ltd. (“Fuso”) Thirumalai Chemicals Ltd. (TCL) Changmao Biochemical Engineering Company Limited Bartek Ingredients Inc. Isegen South Africa (Pty) Ltd Anhui Sealong Biotechnology Co. Ltd. Yongsan Chemicals, Inc Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4170https://www.marketresearchfuture.com/sample_request/4170

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


Download ppt "Malic Acid Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future."

Similar presentations


Ads by Google