Global Malic Acid Market to Witness Impressive Growth, Revenue to Surge to USD 315.1 Million By 2028

20-Jul-2021 | Zion Market Research

The global Malic Acid market accounted for USD 213.1 Million in 2020 and is expected to reach USD 315.1 Million by 2028, growing at a CAGR of around 4.9% between 2021 and 2028.          

The report covers forecast and analysis for the Malic Acid market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD Million) on both volume (Kilo Tons) . The study includes drivers and restraints for the Malic Acid market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Malic Acid market on a global level.

This report offers comprehensive coverage on global Malic Acid market along with, market trends, drivers, and restraints of Malic Acid market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the Malic Acid market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, secondary and primary research team of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data exists in this report.

The study provides a significant view on the global Malic Acid market by classifying it into product, application and region segmentation. These segments have been estimated and forecasted with the future and past trends. The regional segmentation includes Middle East & Africa, Asia-Pacific, Europe, Latin America and North America.

Geographically, Asia Pacific has been leading the worldwide malic acid market and is anticipated to continue on the dominant position in the years to come. For the record, the region contributed more than 40% towards overall malic acid market share in 2018. The high presence of food & beverages industry in countries such as India, China, and Malaysia is the main factor behind the dominance of the Asia Pacific malic acid market. The large number of market players being headquartered in Asia Pacific and rapidly exploding population base is yet another significant factor that is supporting the growth of malic acid market in the region.

Some of the major companies comprised in the global Malic Acid market are Novozymes, FUSO Chemical Co. Ltd, Bartek Ingredients Inc., Thirumalai Chemicals Ltd, and U.S. Chemicals LLC are some of the key vendors of malic acid across the world

Browse the full Malic Acid Market (L-Malic Acid, D-Malic Acid And DL-Malic Acid) For Food & Beverages, Chemical Industry, Cosmetics Industry And Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/malic-acid-market

The global Malic Acid market is segmented as follows:

By Type

  • L-Malic Acid
  • D-Malic Acid
  • DL-Malic Acid

By Applications    

  • Food & Beverages
  • Cosmetics Industry
  • Chemical Industry
  • Others

 By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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