Malic acid exists as a dicarboxylic natural corrosive in nature. It is basically incorporated in every single living being. Malic corrosive bestows a charmingly harsh taste to products of the soil. It exists in two stereoisomeric structures: D-malic corrosive and L-malic corrosive. L-malic corrosive exists in its common structure while a blend of D-and L-malic corrosive is created artificially. Malic corrosive discovers significant application in nourishment added substance and it is fundamentally used for different purposes, for example, season upgrade, conservation, and as an acidulant for pH control. Malic corrosive has transcendently double functionalities and consequently, it is to a great extent utilized as a flavor enhancer and additive in the nourishment and refreshments industry.
MARKET DYNAMICS
Malic acid is fundamentally utilized as a nourishment added substance to upgrade season (poignancy/harshness). It gives a more drawn out time span of usability to the items with its antimicrobial properties and pH controlling capacity; and along these lines, it is utilized to protect nourishment and refreshments. Expanding reception of comfort nourishment and drink items because of the developing urban populace is driving the malic acid market. Besides, malic acid is consistently supplanting anti-microbials in creature feed and thus, the interest from creature feed applications is additionally expanding. Besides, development of new inventive fixings in the nourishment and drinks industry is opening up new open doors for flavorings and additives, for example, malic acid. Malic acid promptly substitutes citrus extract in the cleanser business and consequently, cleanser and cleaner application fragment gives a rising open door in the malic acid market.
MARKET SCOPE
The "Global Malic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the malic acid market with detailed market segmentation by type, end-use industry and geography. The global malic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading malic acid market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global malic acid market is segmented on the basis of type and end-use industry. By type the global malic acid market is segmented into L-Malic Acid, DL-Malic Acid, D(+) Malic Acid. Based on end-use industry, the market is bifurcated into food and beverages, personal care and cosmetics, pharmaceuticals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global malic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The malic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the malic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the malic acid market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global malic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The malic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the malic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the malic acid market in these regions.
MARKET PLAYERS
The reports cover key developments in the malic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from malic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for malic acid in the global market. Below mentioned is the list of few companies engaged in the malic acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the malic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Anhui Sealong Biotechnology Co. Ltd.
- Bartek Ingredients Inc.
- Changmao Biochemical Engineering Company Limited
- Fuso Che
- Isegen South Africa (Pty) Ltd.
- Miles Chemical
- Polynt SpA
- Taiyuan Qiaoyou Chemical Industrial Co. Ltd.
- Thirumalai Chemicals Ltd. (TCL)
- Wego Chemical & Mineral Corp.mical Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Malic Acid - By Type
1.3.2 Malic Acid - By End-Use Industry
1.3.3 Malic Acid - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MALIC ACID LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. MALIC ACID - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MALIC ACID - GLOBAL MARKET ANALYSIS
6.1. MALIC ACID - GLOBAL MARKET OVERVIEW
6.2. MALIC ACID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MALIC ACID - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. L-MALIC ACID
7.3.1. Overview
7.3.2. L-Malic Acid Market Forecast and Analysis
7.4. DL-MALIC ACID
7.4.1. Overview
7.4.2. DL-Malic Acid Market Forecast and Analysis
7.5. D(+) MALIC ACID
7.5.1. Overview
7.5.2. D(+) Malic Acid Market Forecast and Analysis
8. MALIC ACID - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
8.1. OVERVIEW
8.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. PERSONAL CARE AND COSMETICS
8.4.1. Overview
8.4.2. Personal Care and Cosmetics Market Forecast and Analysis
8.5. PHARMACEUTICALS
8.5.1. Overview
8.5.2. Pharmaceuticals Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. MALIC ACID REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Malic Acid Overview
9.1.2 North America Malic Acid Forecasts and Analysis
9.1.3 North America Malic Acid Forecasts and Analysis - By Type
9.1.4 North America Malic Acid Forecasts and Analysis - By End-Use Industry
9.1.5 North America Malic Acid Forecasts and Analysis - By Countries
9.1.5.1 United States Malic Acid
9.1.5.1.1 United States Malic Acid by Type
9.1.5.1.2 United States Malic Acid by End-Use Industry
9.1.5.2 Canada Malic Acid
9.1.5.2.1 Canada Malic Acid by Type
9.1.5.2.2 Canada Malic Acid by End-Use Industry
9.1.5.3 Mexico Malic Acid
9.1.5.3.1 Mexico Malic Acid by Type
9.1.5.3.2 Mexico Malic Acid by End-Use Industry
9.2. EUROPE
9.2.1 Europe Malic Acid Overview
9.2.2 Europe Malic Acid Forecasts and Analysis
9.2.3 Europe Malic Acid Forecasts and Analysis - By Type
9.2.4 Europe Malic Acid Forecasts and Analysis - By End-Use Industry
9.2.5 Europe Malic Acid Forecasts and Analysis - By Countries
9.2.5.1 Germany Malic Acid
9.2.5.1.1 Germany Malic Acid by Type
9.2.5.1.2 Germany Malic Acid by End-Use Industry
9.2.5.2 France Malic Acid
9.2.5.2.1 France Malic Acid by Type
9.2.5.2.2 France Malic Acid by End-Use Industry
9.2.5.3 Italy Malic Acid
9.2.5.3.1 Italy Malic Acid by Type
9.2.5.3.2 Italy Malic Acid by End-Use Industry
9.2.5.4 United Kingdom Malic Acid
9.2.5.4.1 United Kingdom Malic Acid by Type
9.2.5.4.2 United Kingdom Malic Acid by End-Use Industry
9.2.5.5 Russia Malic Acid
9.2.5.5.1 Russia Malic Acid by Type
9.2.5.5.2 Russia Malic Acid by End-Use Industry
9.2.5.6 Rest of Europe Malic Acid
9.2.5.6.1 Rest of Europe Malic Acid by Type
9.2.5.6.2 Rest of Europe Malic Acid by End-Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Malic Acid Overview
9.3.2 Asia-Pacific Malic Acid Forecasts and Analysis
9.3.3 Asia-Pacific Malic Acid Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Malic Acid Forecasts and Analysis - By End-Use Industry
9.3.5 Asia-Pacific Malic Acid Forecasts and Analysis - By Countries
9.3.5.1 Australia Malic Acid
9.3.5.1.1 Australia Malic Acid by Type
9.3.5.1.2 Australia Malic Acid by End-Use Industry
9.3.5.2 China Malic Acid
9.3.5.2.1 China Malic Acid by Type
9.3.5.2.2 China Malic Acid by End-Use Industry
9.3.5.3 India Malic Acid
9.3.5.3.1 India Malic Acid by Type
9.3.5.3.2 India Malic Acid by End-Use Industry
9.3.5.4 Japan Malic Acid
9.3.5.4.1 Japan Malic Acid by Type
9.3.5.4.2 Japan Malic Acid by End-Use Industry
9.3.5.5 South Korea Malic Acid
9.3.5.5.1 South Korea Malic Acid by Type
9.3.5.5.2 South Korea Malic Acid by End-Use Industry
9.3.5.6 Rest of Asia-Pacific Malic Acid
9.3.5.6.1 Rest of Asia-Pacific Malic Acid by Type
9.3.5.6.2 Rest of Asia-Pacific Malic Acid by End-Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Malic Acid Overview
9.4.2 Middle East and Africa Malic Acid Forecasts and Analysis
9.4.3 Middle East and Africa Malic Acid Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Malic Acid Forecasts and Analysis - By End-Use Industry
9.4.5 Middle East and Africa Malic Acid Forecasts and Analysis - By Countries
9.4.5.1 South Africa Malic Acid
9.4.5.1.1 South Africa Malic Acid by Type
9.4.5.1.2 South Africa Malic Acid by End-Use Industry
9.4.5.2 Saudi Arabia Malic Acid
9.4.5.2.1 Saudi Arabia Malic Acid by Type
9.4.5.2.2 Saudi Arabia Malic Acid by End-Use Industry
9.4.5.3 U.A.E Malic Acid
9.4.5.3.1 U.A.E Malic Acid by Type
9.4.5.3.2 U.A.E Malic Acid by End-Use Industry
9.4.5.4 Rest of Middle East and Africa Malic Acid
9.4.5.4.1 Rest of Middle East and Africa Malic Acid by Type
9.4.5.4.2 Rest of Middle East and Africa Malic Acid by End-Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Malic Acid Overview
9.5.2 South and Central America Malic Acid Forecasts and Analysis
9.5.3 South and Central America Malic Acid Forecasts and Analysis - By Type
9.5.4 South and Central America Malic Acid Forecasts and Analysis - By End-Use Industry
9.5.5 South and Central America Malic Acid Forecasts and Analysis - By Countries
9.5.5.1 Brazil Malic Acid
9.5.5.1.1 Brazil Malic Acid by Type
9.5.5.1.2 Brazil Malic Acid by End-Use Industry
9.5.5.2 Argentina Malic Acid
9.5.5.2.1 Argentina Malic Acid by Type
9.5.5.2.2 Argentina Malic Acid by End-Use Industry
9.5.5.3 Rest of South and Central America Malic Acid
9.5.5.3.1 Rest of South and Central America Malic Acid by Type
9.5.5.3.2 Rest of South and Central America Malic Acid by End-Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MALIC ACID, KEY COMPANY PROFILES
11.1. ANHUI SEALONG BIOTECHNOLOGY CO. LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BARTEK INGREDIENTS INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHANGMAO BIOCHEMICAL ENGINEERING COMPANY LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FUSO CHE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ISEGEN SOUTH AFRICA (PTY) LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MILES CHEMICAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. POLYNT SPA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TAIYUAN QIAOYOU CHEMICAL INDUSTRIAL CO. LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THIRUMALAI CHEMICALS LTD. (TCL)
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WEGO CHEMICAL AND MINERAL CORP.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Anhui Sealong Biotechnology Co. Ltd.
2. Bartek Ingredients Inc.
3. Changmao Biochemical Engineering Company Limited
4. Fuso Che
5. Isegen South Africa (Pty) Ltd.
6. Miles Chemical
7. Polynt SpA
8. Taiyuan Qiaoyou Chemical Industrial Co. Ltd.
9. Thirumalai Chemicals Ltd. (TCL)
10. Wego Chemical and Mineral Corp.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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