Mallic Acid Market By Product (L-Malic Acid, D-Malic Acid), Application (Beverages, Confectionery And Food, Personal Care And Cosmetics), & Region for 2024-2031
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Mallic Acid Market By Product (L-Malic Acid, D-Malic Acid), Application (Beverages, Confectionery And Food, Personal Care And Cosmetics), & Region for 2024-2031
Malic Acid Market Valuation – 2024-2031
Using microorganisms in fermentation processes, advancements in fermentation techniques offer a viable path toward the manufacture of malic acid. Advances in fermentation technology, such as the incorporation of genetically modified organisms and the modification of fermentation conditions, have the capacity to augment the efficacy and economic viability of malic acid production, therefore propelling the expansion of the market. Thus, the advancements in fermentation techniques are surging the growth of market size surpassing USD 227.5 Million in 2024 to reach valuation of USD 341.2 Million by 2031.
Malic acid is also becoming more well-known due to its possible health advantages, which include reducing muscular soreness and improving athletic performance. Further investigation into these suggested advantages might highlight the usefulness of malic acid as a component of dietary supplements. If these health benefits are confirmed by science, there might be a significant increase in the demand for malic acid in the dietary supplement sector, which would lead to market diversification and expansion. Thus, the potential in dairy supplements is enabling the market to grow at a CAGR of 5% from 2024 to 2031.
Malic Acid MarketDefinition/ Overview
Alpha-hydroxy acid malic acid is found naturally in a variety of fruits, including apples, grapes, and cherries. It is also produced by the body as it converts carbohydrates to energy. Due to its many uses in skincare products, including exfoliation, moisturizing, anti-aging, and skin tone enhancement, it is a highly sought-after component. In addition, malic acid is an essential food ingredient in the food and beverage sector, where it is used for flavor enhancement, preservation, and pH control.
Malic acid comes in three separate formsracemic, L-, and D-forms. The United States Department of Agriculture (AMS.USDA) describes it as a white, crystalline solid that is odorless and has a tart flavor that lasts a long time. The racemic form has a greater melting point than the D and L forms, which are closer to the boiling point of water point of melting. It is noteworthy that the solubility of malic acid is dependent on both solvent polarity and temperature, with DL-malic acid being easily soluble in water at room temperature.
Both DL- and L-malic acids are FDA-approved food additives that are widely used in a wide range of food and beverage applications, such as candies, fruit juices, dry-mix beverages, bakery goods, and dressings. Malic acid is a versatile ingredient that may be used to add acidity and flavor to a variety of culinary creations. This makes it a popular choice for obtaining desired taste characteristics. However, the D-isomer is not approved for use in infant food formulations because of worries about newborn metabolism. All things considered, malic acid is essential in determining the sensory qualities and shelf life of a broad range of food and drink items.
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How the Increasing Usage of Acidulant in Food and Beverage Goods are Surging the Growth of Malic Acid Market?
The extensive use as an acidulant in food and beverage goods, malic acid is experiencing a boom in demand across several industries. Malic acid is well-known for its sour taste profile and preservation qualities. It improves flavor and lengthens shelf life, which makes it a common component of convenience meals, sports and energy drinks, and sour candies. The malic acid industry is expected to increase significantly as consumer preferences shift toward these tasty and convenient options.
Furthermore, malic acid is establishing a name for itself in the pharmaceutical sector by showing up in drugs for ailments like chronic fatigue syndrome, fibromyalgia, and renal disease. It is projected that growing awareness of these therapeutic uses and the incidence of chronic illnesses will drive market growth within the pharmaceutical industry.
The desire for sustainable and biodegradable substitutes is being driven by the environmental movement, which has elevated malic acid to the status of a desirable option because of its natural origin and eco-friendly qualities. The market for malic acid made from organic sources is expected to develop as the organic food sector continues to thrive due to customer demand for natural and organic ingredients. This demand is shared by both producers and discriminating consumers.
Regarding personal hygiene, malic acid’s gentle exfoliating characteristics make it appropriate for use in lotions and creams, in line with consumer inclinations toward all-natural skincare products. In the personal care sector, malic acid has new commercial prospects due to consumers’ growing interest in natural components. Malic acid finds uses in a variety of industrial fields outside of the traditional domains, acting as a cleaning agent in metal polishing and a plasticizer in the manufacture of polyester. The demand for malic acid is expected to rise in tandem with the expansion of the industrial sector.
Additionally, as efforts to increase crop output gain traction, research into malic acid’s potential use as a fertilizer or biostimulant in agriculture highlights its versatility and creates new commercial opportunities. There is a noticeable increase in the desire for processed foods and beverages that contain malic acid in emerging nations where disposable incomes are expanding. The rise of the malic acid market in these regions is expected to be facilitated by this trend and the growing industrial activity, which will accelerate the market’s global growth trajectory.
How the Volatility in Prices of Raw Materials, and Low Awareness are Limiting the Growth of Mallic Acid Market?
Price fluctuations of raw materials might affect the synthesis of malic acid using both synthetic and fermentation methods. Changes in the cost of petrochemical feedstocks for synthetic synthesis or sugar for fermentation can have a big impact on production costs, which can be difficult for manufacturers and could limit market expansion. Further obstacles to market expansion are safety concerns and strict restrictions. Strict safety regulations enforced by regulatory agencies on pharmaceutical and food additives result in protracted and expensive approval procedures for novel uses of malic acid. Any concerns about the safety of using malic acid could also erode consumer trust and depress sales request. Furthermore, other acidulants like citric acid and tartaric acid, which provide comparable functions in food and beverage applications, pose a serious threat to malic acid. Malic acid’s market share may be reduced by the established presence and cost-effectiveness of these substitutes, which would restrict its potential for expansion.
Further limiting market expansion in the pharmaceutical, nutritional supplement, and personal care industries is a lack of knowledge about malic acid’s potential uses. Malic acid’s acceptance and market penetration may be hampered by manufacturers’ and customers’ incomplete understanding of the substance’s advantages and applications in these fields.
In addition, environmental effect factors are quite important in today’s industry. Malic acid is biodegradable in and of itself but worries about the effects of its manufacturing process—especially the use of synthetic methods—on the environment may impede the expansion of the industry. Customers are placing a higher priority on environmentally friendly items Any alleged adverse effects of malic acid manufacturing on the environment could discourage sales and restrict market growth.
Proactive steps are needed to address these issues, include creating plans to reduce changes in the price of raw materials, optimizing regulatory procedures, raising awareness of the many uses for malic acid, and putting sustainable manufacturing methods into place. Stakeholders may fully realize the potential of the malic acid industry and promote long-term, sustainable growth by skillfully navigating these challenges.
Category-Wise Acumens
How the Increasing Consumer Preference for Sour Candies and Convenience Food is Surging the Growth of Beverages Segment in the Malic Acid Market?
Beverage’s segment is showing significant dominance in the malic acid market owing to the growing consumer preference for sour candies and rising popularity for convenience food. Malic acid is widely used in many different types of beverages, such as fruit juices, sports drinks, energy drinks, and carbonated soft drinks. It is well-known for its many uses and advantageous qualities. Malic acid enhances the acidic flavor character, counteracts sweetness, and functions as a moderate preservative in these drinks, improving overall flavor and prolonging shelf life. The market for malic acid is expected to increase rapidly as consumer preferences shift toward convenience beverages, flavored drinks, and functional beverages with apparent health benefits.
The beverage industry’s propensity for large volume consumption highlights the substantial need for malic acid. Volumes of beverage production have surpassed those of other industry sectors, where there is still a significant need for malic acid, are propelling innovation and market growth. Malic acid’s ability to be used in a variety of beverage-related applications is one of its main advantages. Because of its versatility and capacity to enhance and preserve flavor in a wide range of beverages, malic acid is a highly sought-after ingredient among manufacturers who are trying to keep up with changing consumer demands.
Furthermore, malic acid has a proven track record of safety and history in beverage applications, which gives manufacturers and customers alike trust. Its extensive use and ongoing market expansion are facilitated by its reputation as a dependable and trustworthy substance, which is highlighted by its lengthy history of use. Malic acid will continue to be essential as the beverage industry develops and innovates in forming taste profiles, improving the quality of the product, and satisfying consumer demands for tasty and practical beverages.
How the Pharmaceuticals and Dietary Supplements are Surging the Growth of L-Malic Segment in the Malic Acid Market?
L-malic acid segment is showing significant growth in the malic acid market owing to the use of L-malic acids in medications and dietary supplements is expected to increase as more study is done on its possible health advantages. Owing to its unique biological characteristics, L-malic acid, the naturally occurring isomer found in fruits like apples, has potential in several fields. L-malic acid has potential therapeutic uses in medicine, especially in drugs and dietary supplements intended to promote general health and muscle rehabilitation. Because of its distinct biological action, it’s a fascinating option for formulations meant to address a range of health issues.
Furthermore, customers are becoming more and more interested in natural components when it comes to food and drink. Because of its unique flavor and natural fruit content, L-malic acid is a good choice for producers looking to comply with Natural product preferences among consumers. When compared to DL-Malic Acid, its use can provide a more genuine and natural taste, which will appeal to health-conscious consumers looking for full, less processed food and drink options. L-malic acid has benefits related to both its unique biological characteristics and its ability to improve food and drink goods’ flavor profiles. Manufacturers can capitalize on the increasing demand for natural and wholesome products by adding L-Malic Acid to their formulations. This will help them stand out in the market and satisfy changing consumer tastes.
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Country/Region-wise Acumens
How the Increasing Disposal Income and Increasing Population is Surging the Growth of Asia Pacific Malic Acid Market?
Asia Pacific is substantially dominating the malic acid market and is expected to continue its dominance throughout the forecast period. The demand for malic acid is rising rapidly in the Asia Pacific area due to several important variables that highlight the product’s strong growth trajectory. The growing disposable income brought about by strong economic growth in many Asian nations. With higher spending power, consumers can now afford to spend a larger portion of their budget on processed foods and drinks, which often include malic acid as a crucial ingredient for flavor enhancement and preservation.
In addition, the population of the Asia Pacific region is the greatest in the world and is still growing. This demographic trend contributes to a large and growing consumer base for malic acid-containing products, which increases market demand. Consumer preferences are also changing because of Asia’s rapid urbanization, with a noticeable move towards convenience foods and prepared drinks. Malic acid is in high demand since it is frequently used in these items to provide desirable taste profiles and lengthen shelf lives.
Furthermore, consumers in the area are becoming more and more interested in natural and functional components. Consumers are searching more and more for foods and drinks with natural ingredients and purported health advantages as knowledge of wellness and health issues grows. Since malic acid is an organic acid found naturally in fruits, it fits in well with these tastes and has a positive market positioning. The Asia Pacific region’s growing food and beverage industry is driving up demand for malic acid. Malic acid’s demand as a flexible ingredient keeps rising as producers work to satisfy consumers’ changing tastes and preferences stimulating innovation and market expansion.
How the Increasing Consumer Preferences for Convenience Food is Enabling the Growth of North America Malic Acid Market During the Forecast Period?
North America is expected to be the fastest growing region in the malic acid market during the forecast period. Growing consumer preferences for quick and tasty options, convenience foods and beverages are in high demand in North America. These items are in great demand for malic acid, a component that is well-known for improving taste and serving as a preservative. Its capacity to enhance the sensory profile and shelf life of food and beverage products is exactly in line with what North American customers are looking for. Furthermore, functional ingredients are becoming more and more popular in North America, especially when it comes to functional meals and drinks that are thought to have health advantages. This tendency is ideally suited to the prospective uses of malic acid in energy and sports beverages, where it can provide acidity and enhance flavor. As customers place a higher priority on fitness and health, the It is anticipated that consumer demand will increase for goods containing useful components like malic acid.
The food and beverage business in North America is known for its technological sophistication and inventiveness. This setting encourages the investigation and use of novel chemicals, such as malic acid, in the development of new product compositions. The region’s malic acid market is expanding due in part to the industry’s proclivity for innovation, as producers look to set themselves apart from the competition and meet changing customer demands. In North America, strict laws governing food safety are essential to guaranteeing the quality and safety of food additives such as malic acid. These rules are a good thing since they provide consumers’ confidence and support the legitimacy of products that include malic acid. Consequently, the malic acid market has a solid regulatory compliance base, which increases its marketability and customer acceptability.
Competitive Landscape
The malic acid market is a competitive landscape where innovation, cost-effectiveness, and focus on sustainability are crucial for success. Companies that can adapt to evolving market trends and cater to specific application needs will be well-positioned for future growth.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the malic acid market include
- Bartek Ingredients, Inc.
- The Chemical Company
- Fuso Chemicals Co., Ltd.
- AnhuiSealong Biotechnology Co., Ltd.
- Isegen
- Prinova
- Changmao Biochemical Engineering Company Limited
- Thirumalai Chemicals Co. Ltd,
- Polynt SpA, and Yongsan Chemicals, Inc.
Latest Developments
- In May 2021, Thirumalai Chemicals Co. Ltd. has declared intentions to develop a new facility in Dahej, Gujarat, to produce 180,000 tons of Phthalic Anhydride (PA) and 30,000 tons of fine and specialty chemicals per year. The project would be carried out in two parts, one after the other.
- In July 2020, Polynt SpA has announced plans to develop a 50,000-ton Greenfield maleic anhydride facility at its Morris, Illinois, location. Polynt is planned to use the factory to make composites and other malic derivatives that are already made in Europe and Asia.
Report Scope
REPORT ATTRIBUTES | DETAILS |
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STUDY PERIOD | 2021-2031 |
Growth Rate | CAGR of ~5% from 2024 to 2031 |
BASE YEAR | 2024 |
Historical Period | 2021-2023 |
Forecast Period | 2024-2031 |
Quantitative Units | Value in USD Million |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
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Regions Covered |
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Key Players | Bartek Ingredients, Inc., The Chemical Company, Fuso Chemicals Co., Ltd., AnhuiSealong Biotechnology Co., Ltd., Isegen, Prinova, Changmao Biochemical Engineering Company Limited, Thirumalai Chemicals Co. Ltd, Polynt SpA, and Yongsan Chemicals, Inc., among others. |
Customization | Report customization along with purchase available upon request |
Malic Acid Market, By Category
Application
- Beverages
- Confectionery And Food
- Personal Care and Cosmetics
Product
- L-Malic Acid
- D-Malic Acid
Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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