Growing Utilization Of Malic Acid Market In Food And Beverage Industry To Enhance Flavor Of The Food Is Driving The Market | Reports and Data
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.
Strict government regulations regarding the impact of the acid on the environment and concerns to lower carbon footprint are expected to limit the market growth, although an increase in the research and development for bio-based Malic Acid is expected to provide growth opportunities to the market vendors.
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Key Companies in the market include: 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.
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.
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Market Segmentation:
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:
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global Malic Acid market report:
- What is the expected market size of the global Malic Acid market during the forecast period?
- What factors are expected to hamper global Malic Acid market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Malic Acid market?
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