Authored By: Sarah
11 Jul 2024

 Malic Acid Market Size to grow by 85.67 thousand t between 2023-2027

According to a research report “ Malic Acid Market” by Product (L-malic acid, D-malic acid, DL-malic acid) Application (Beverages, Confectionaries and food, Personal care and cosmetics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by 85.67 thousand t, at a CAGR of  7.33% during the forecast period. The global market for malic acid has experienced significant growth due to the increasing demand for packaged and processed food products in both developed and developing countries. Malic acid, a key ingredient in the food industry, is primarily used as a flavor enhancer in processed and ready-to-eat food items. The rise in disposable income levels and improving economic conditions have fueled the consumption of these food types, leading to an increased demand for food processing and packaging solutions. In order to differentiate their offerings and remain competitive, processed food manufacturers are increasingly focusing on the use of malic acid to enhance the taste and appeal of their products.

Browse market data tables, figures, and in-depth TOC on “Malic Acid Market” by Product (L-malic acid, D-malic acid, DL-malic acid) Application (Beverages, Confectionaries and food, Personal care and cosmetics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2027. Download Free Sample

 

By Product, the L-malic acid segment is projected to dominate the market size in 2024

The beverages segment dominates the global malic acid market, accounting for the largest share during the forecast period. Malic acid plays a crucial role in enhancing fruit flavors in beverages, particularly in carbonated drinks, by prolonging their release. acting as a flavor blender, it creates a smoother and more natural-tasting profile. Malic acid's sourness exceeds that of other acidulants, making it a preferred choice in low-calorie beverages and apple drinks for flavor enhancement and color stabilization over extended periods.

By Application, Beverages  segment is expected to hold the largest market size for the year 2024

In the global malic acid market, L-malic acid emerged as the leading segment in 2022, accounting for the largest market share. This dominance is attributed to the significant demand for L-malic acid in various industries, particularly in food production. L-malic acid, an naturally occurring enantiomer, is valued for its role as an acidity regulator, antioxidant, and taste enhancer in food products containing fruit ingredients. Its natural presence helps maintain the authentic color of juices and offers health benefits, including liver, kidney, and heart protection. The market trend is expected to continue during the forecast period, with L-malic acid's versatile applications and health benefits driving its demand.

APAC is forecasted to hold the largest market size by region in 2024

The Asia Pacific (APAC) region emerged as the largest geographical segment of the global malic acid market in 2022, accounting for a significant market share. This trend is anticipated to persist throughout the forecast period, with the APAC malic acid market exhibiting a robust growth rate. The burgeoning demand for processed food products in the region, driven by the rapidly expanding food processing industry, is a key factor fueling market expansion. For instance, India's food processing industry, which is one of the largest in APAC, is projected to reach a value of USD535 billion by 2025, as per the India Brand Equity Foundation (IBEF).

The Malic Acid Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Anhui Sealong Biotechnology Co. Ltd.
  • Bartek Ingredients Inc.
  • Corbion NV
  • Fuso Chemical Co. Ltd.
  • Huntsman Corp.
  • Isegan South Africa Pty Ltd.
  • Kraft Chemical
  • Lonza Group Ltd.
  • Miles Chemical Co. Inc.
  • Mitsubishi Chemical Corp.
  • Muby Chemicals
  • Penta Manufacturing Co.
  • Polynt Spa
  • Spectrum Laboratory Products
  • Tate and Lyle Plc
  • The Chemical Co.
  • Thirumalai Chemicals Ltd.
  • YONGSAN CHEMICALS
  • Zhonglan Industry Co. Ltd.
  • Changmao Biochemical Engineering Co. Ltd.
.

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Research Analysis Overview

The Malic Acid market is a significant segment of the specialty chemicals industry, under the umbrella of Diversified Materials. Malic acid, a naturally occurring organic acid, is widely used in various industries, including food processing, personal care, and confectionery. It is commonly found in apples and other fruits and is used as a souring agent in food and beverages, such as apple juice, soft drinks, and wine. Two primary forms of malic acid are DL-malic acid and D-malic acid, with DL-malic acid being the most commonly used form. Malic acid is also used as a sour conditioner in the production of ethanol. In the personal care industry, it is used as an antioxidant and a pH adjuster in cosmetics and toiletries. Malic acid is also used as a substitute for lactic acid and citric acid in certain applications. It is produced through various methods, including fermentation and chemical synthesis using butane and benzene. The European Food Safety Authority (EFSA) has approved the use of malic acid as a food additive. Other organic acids, such as L-malic acid, are also used in specific applications. In summary, the Malic Acid market is a dynamic and diverse sector of the specialty chemicals industry, with applications ranging from food processing and personal care to the production of ethanol and other industrial applications. Its unique properties and versatility make it an essential ingredient in various industries, and its production methods continue to evolve to meet the changing demands of consumers and markets.

Market Research Overview

Malic Acid, a specialty chemical with the molecular formula C4H6H6O5, is a key ingredient in various industries under Diversified Materials. It is a naturally occurring organic acid found in apples and other fruits. Malic acid is widely used as a food additive, particularly in food processing for enhancing sourness in non-alcoholic beverages like lemonades, energy drinks, and even in some types of wine. It is also used in the production of tablets and syrups as a dietary supplement. In the Cosmetic industry, Malic Acid finds extensive applications in skincare products and personal care due to its exfoliating properties, which help remove dead skin cells. Malic acid is also used in the production of biodegradable plastics, making it an eco-friendly alternative. Malic acid is used in the production of DL-malic acid, D-malic acid, and L-malic acid. DL-malic acid is used as a food additive, while D-malic acid is used in the production of infants' foods. L-malic acid is used in the pharmaceutical industry for treating chronic fatigue syndrome, fibromyalgia, muscle fatigue, and improving exercise performance. Malic acid is produced through various methods, including fermentation, oxidation, and synthesis using ethers like methanol and ethanol, or other chemicals like butane, benzene, lactic acid, citric acid, and antioxidants. The European Food Safety Authority (EFSA) has approved the use of Malic acid in food, beverages, confectionery, and other retail outlets. Malic acid is also used as a sour conditioner in various industries and has a molecular weight of approximately 134.1 g/mol.

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Email: media@technavio.com
Website: www.technavio.com/

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