Malic Acid Market: Demand for the processed food and confectionaries propel the global industry, finds ZMR

22-May-2017 | Zion Market Research

Malic acid is a crystalline substance found in unripe fruits. It is present in all living organisms. It is also called as malates. It has the bitter taste and is extensively used as a food additive. It is obtainable in the crystalline state and is mostly used as esters and salt. Its vital function is to maintain and monitor the pH level and also assist in preventing the growth of micro-organisms. It has a widespread use in personal care and food industry. As per the report, the worldwide malic acid market stood at 72.12-kilotons in 2015 and is anticipated to make at 96.83-kilo tons in 2021, developing at a 4.3% CAGR between 2016 and 2021. In revenue terms, the worldwide demand is projected to reach USD 220.0 Million in 2021.

According to a study, apple cider vinegar, which is rich in malic acid, may aid in decreasing the signs of fibromyalgia. A primary, double-blind study demonstrated that malic acid, when merged with magnesium, decreases muscular pain in individual suffering from fibromyalgia. Study volunteers who consumed more than 2,400 Mg of malic acid and 600 Mg of magnesium experienced the maximum decrease.

The extreme mounting demand for the processed food, convenience, and confectionaries all around the world is a major factor fueling the growth of the market. Approval by the regulatory authorities such as the Food and Drug Administration (FDA), Food Safety and Standards Authority of India (FSSAI), and European Food Safety Authority (EFSA) are anticipated to boost the market in the near future. Nevertheless, the volatility in the cost of raw material is projected to be a significant restraint for the worldwide market. However, the rising use in the personal care and medical industries is prone to create new avenues for the manufacturer of in the coming period.

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On the basis of type segment, the worldwide market is diversified into D-malic acid, DL-malic acid, and L-malic acid. On the basis of key applications, the market is classified into beverages, food, pharmaceutical, personal care, confectionaries, and others applications.

Few of the prominent players in the worldwide malic acid market include the Chemical Company, Thirumalai Chemicals Ltd, Bartek Ingredients Inc., U.S. Chemicals LLC, Novozymes, Prinova LLC, Polynt, and FUSO Chemical Co. Ltd among others.

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