Reports
Global Malic Acid Market Size, Share, Analysis, Forecast: By Product: L-Malic Acid, D-Malic Acid, DL-Malic Acid; By Application: Beverages, Confectionery and Food, Personal Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Malic Acid Market Outlook
The global malic acid market attained a value of USD 224.50 million in 2023, driven the rising demand from the developing regions. Aided by the increasing demand from the food and beverage sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.4%. The market is projected to reach USD 359.13 million by 2032.
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Market Segmentation
Malic acid is present in nature as an organic dicarboxylic acid and provides a pleasant sour taste to fruits and vegetables. Malic acid is used in beverages, confectionery and food, and personal care sectors for reasons such as flavour enhancement, acidulant for pH control, and preservation.
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Malic acid is segmented into various product types like:
- L-Malic Acid
- D-Malic Acid
- DL-Malic Acid
The EMR report covers the regional malic acid markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The global malic acid market is being driven by the growing urbanisation and increasing health awareness worldwide. The increasing use of malic acid in animal feed is further fostering the industry. Developed economies like North America and Europe are growing at a faster rate due to increasing demand for sports nutrition and functional foods in the US, the UK, and France. The growth in food and beverages industry is another factor fuelling the industry growth. The availability of malic acid as a substitute for many products is offering a great opportunity for the global malic acid market growth. The growing population in India and China is driving the industry growth for the Asia Pacific region. The Middle East and Africa is expected to drive the industry due to the growing demand for malic acid in the food processing sector.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global malic acid market looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Bartek Ingredients Inc.
- Changmao Biochemical Engineering Company Limited
- Fuso Chemical Co.Ltd.
- Polynt SpA
- Thirumalai Chemicals Ltd.
- Anhui Sealong Biotechnology Co., Ltd.
- Yongsan Chemicals Inc.
- The Chemical Company
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | L-Malic Acid, D-Malic Acid, DL-Malic Acid |
| Breakup by Application | Beverages, Confectionery & Food, Personal Care, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Bartek Ingredients Inc., Changmao Biochemical Engineering Company Limited, Fuso Chemical Co.Ltd., Polynt SpA, Thirumalai Chemicals Ltd., Anhui Sealong Biotechnology Co., Ltd., Yongsan Chemicals Inc., The Chemical Company, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Malic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Malic Acid Historical Market (2018-2023)
8.3 Global Malic Acid Market Forecast (2024-2032)
8.4 Global Malic Acid Market by Product
8.4.1 L-Malic Acid
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 D-Malic Acid
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 DL-Malic Acid
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Malic Acid Market by Application
8.5.1 Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Confectionery and Food
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Personal Care
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Malic Acid Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Malic Acid Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Malic Acid Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Malic Acid Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Malic Acid Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Malic Acid Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Bartek Ingredients Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Changmao Biochemical Engineering Company Limited.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Fuso Chemical Co.Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Polynt SpA
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Thirumalai Chemicals Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Anhui Sealong Biotechnology Co., Ltd.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Yongsan Chemicals, Inc.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 The Chemical Company
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.3.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Malic Acid Market: Key Industry Highlights, 2018 and 2032
2. Global Malic Acid Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Malic Acid Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Malic Acid Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Malic Acid Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Malic Acid Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Malic Acid Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Malic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Malic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Malic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Malic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Malic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Malic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Malic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Malic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Malic Acid Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Malic Acid Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Malic Acid Market Structure
Key Questions Answered in the Report
In 2023, the global malic acid market attained a value of nearly USD 213 million.
The market is projected to grow at a CAGR of 5.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 291 million by 2032.
The major drivers of the market include the rising disposable incomes, increasing population, increasing health awareness, rising demand from the developing regions, and the increasing demand from the food and beverage sector.
The rising use of the product in sports nutrition and functional foods acts as a key trend for the market.
The major regions in the market include North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific.
L, D, and DL-malic acid are the leading products of malic acid in the market.
Malic acid finds significant applications in beverages, confectionery and food, and personal care, among others.
The major players in the market include Bartek Ingredients Inc., Changmao Biochemical Engineering Company Limited, Fuso Chemical Co.Ltd., Polynt SpA, Thirumalai Chemicals Ltd., Anhui Sealong Biotechnology Co., Ltd., Yongsan Chemicals Inc., and The Chemical Company, among others.
Analyst Review
The global malic acid market attained a value of USD 224.50 million in 2023, driven the rising demand from the developing regions. Aided by the increasing demand from the food and beverage sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.4%. The market is projected to reach USD 359.13 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the industry can be segmented into L, D, and DL-malic acid. On the basis of application, the industry is divided into beverages, confectionery and food, and personal care, among others. The major regional markets for malic acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bartek Ingredients Inc., Changmao Biochemical Engineering Company Limited, Fuso Chemical Co.Ltd., Polynt SpA, Thirumalai Chemicals Ltd., Anhui Sealong Biotechnology Co., Ltd., Yongsan Chemicals Inc., The Chemical Company, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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