Malic Acid Market Trends, Competitive Analysis, Research Report 2024

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Malic Acid Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Malic Acid Market

• In terms of geography, Asia Pacific region has
  rapidly expanding malic acid markets in countries
  such as India and China.
• These regions will boost the product demand in
  the forecast period.
• Moreover, increasing health awareness to fight
  obesity in countries like the U.S., UK, France,
  and Japan are demanding more of healthy products
  and food supplements.
• Due to stagnation, the malic acid market in
  Europe will grow at a steady and slower rate than
  the other regions.
• Also, the significant demand for the product in
  the food processing industry is likely to drive
  the malic acid market in the Middle East.

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Application Analysis of Malic Acid Market

• Based on the application, the malic acid market
  is segmented into food and beverages, medical and
  pharmaceutical, personal care, animal feed and
  oil field applications to mention a few.
• In food and beverages, it is used in carbonated
  and non-carbonated beverages, powdered mixes,
  supplements, low calorie beverages, ciders, and
  wines, acidified dairy products, confectionaries,
  soft and hard candy, sugarless confections,
  chewing gums, fruit preparations, preservatives,
  desserts, and bakery products.
• In medical and pharmaceuticals, malic acid is
  generally used in effervescent powdered
  preparations and cough syrups to add a fruity
  flavor and diminish the impact of active
  components.
• In personal care, the product is used in soaps,
  mouthwashes, toothpaste and skin care products in
  order to impart a fruity flavor.

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Competitive Market Share of Malic Acid Market

• Primary players operating in the malic acid
  market include The Chemical Company (TCC), Wego
  Chemical Mineral Corp., Polynt SpA, Thirumalai
  Chemicals Ltd. (TCL), Taiyuan Qiaoyou Chemical
  Industrial Co., Ltd, Isegen South Africa (Pty),
  Ltd, Changmao Biochemical Engineering Company
  Limited, Lonza, U.S. Chemicals LLC, Prinova,
  Yongsan Chemicals, Anhui Sealong Biotechnology
  Co., Ltd, Miles Chemical, Fuso Chemical Co., Ltd,
  and Bartek Ingredients, Inc.

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