Malic Acid Market Analysis by Upcoming Challenges and Growth Rate...

Malic Acid Market Analysis by Upcoming Challenges and Growth Rate till 2027

Posted 2023-03-10 07:25:51

The growing utilization of malic acid in food and beverage industry to enhance flavor of the food is driving the market.

Malic Acid Market Size – USD 192.9 Million in 2019, Growth - CAGR of 5.1%, Trends – Shift in trend in Food sector.

The global Malic Acid market is forecast to reach USD 287.5 Million by 2027, according to a new report by Reports and Data. The growing popularity in the energy drinks among athletes and fitness conscious population has spurred the growth of the Malic Acid. The increase in the application of the acid in various end-use industries has encouraged its growth, particularly the boost from the food and beverage industry. The supplement of malic acid, particularly when combined with magnesium, can boost the energy levels in the body.

The rising awareness regarding obesity and other health issues have resulted in a shift in a healthier lifestyle, and consumer preferring healthy food and beverages. Malic acid is a major ingredient in almost all the fruit-flavored liquids and powders used in the food sector. It also plays an important role in regulating animal weight and health by controlling the microbial population in the animal digestive systems, which makes it quite popular in animal feed.

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Top Companies: 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.

Further Key Finding from the Report Suggestion:

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 Features of Malic Acid Market:

Malic acid is a naturally occurring organic acid that is found in many fruits, including apples, grapes, and citrus fruits. It has several key features, including:

Acidic properties: Malic acid is a dicarboxylic acid, meaning it has two carboxyl groups (-COOH) and is therefore able to donate two hydrogen ions (H+) when dissolved in water. This makes it a useful acidulant in food and beverage applications, as well as in cosmetics and pharmaceuticals.
Tart taste: Malic acid has a tart taste and is often used as a flavor enhancer in foods and beverages. It is commonly added to fruit-flavored drinks, candies, and other sweets to provide a sour taste.
Chelating properties: Malic acid has chelating properties, meaning it can bind to and remove metals from solutions. This makes it useful in various industrial applications, such as metal cleaning and water treatment.
Natural preservative: Malic acid has antimicrobial properties and can act as a natural preservative in foods and beverages. It is commonly used in canned fruits and vegetables, jams, and fruit juices to extend their shelf life.
Health benefits: Malic acid has been shown to have various health benefits, including reducing fatigue and improving exercise performance. It is also used in the treatment of certain medical conditions, such as fibromyalgia and chronic fatigue syndrome.

Overall, malic acid's acidic properties, tart taste, chelating properties, natural preservative abilities, and health benefits make it a versatile and useful ingredient in various industries.

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The global Malic Acid market is segmented into:

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:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

What are the dominating factors that are influencing the growth of the industry?
In the forecast period, which market segment is expected to rise the most?
What are the risks and challenges that the industry is facing?
In the coming years, which area is projected to dominate the market?
Who are the major players in the market?
What kind of strategic business plans have they made?

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