Malic Acid Market Size Estimation, Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023

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Malic Acid Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Malic Acid Market Research Report- Forecast to
2023
Malic Acid Market - Overview
Global Malic Acid Market is witnessing healthy
growth over the last few years mainly due to its
use as fruit additive. It is extensively used to
enhance flavour in food, beverages, and
confectionaries on order top crest distinctive
taste experience. Food and beverages has always
been the key market for malic acid, and majorly
driving global market growth. Massive growth in
FB industry itself has resulted in strong demand
for Malic Acid over the past few years.
Nevertheless, increasing application scope of
Malic Acid in personal care such as anti-ageing
products is expected to positively influence
market growth over the forecast period.
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Malic Acid Market Research Report- Forecast to
2023
Segmental Analysis
The Global Malic Acid Market is majorly segmented
on the basis of Type, End Use and Region. Market
Segmentation Based on Types of Malic Acid
includes L-malic acid, DL-malic acid, and D
()-Malic Acid. Wherein, L-malic acid is the
largest used type of malic acid and occupied
majority of the market share. As compared to
other type, L-malic acid is naturally derived and
is used in the production of healthy juices,
jellies, candies, supplement and skin care
products. DL-malic acid is expected to witness
fastest growing segment with a CAGR of 4.85
during forecast period of 2017 to
2023. Furthermore, on the Basis of End Use,
global market has been segmented into food and
beverages, pharmaceuticals, personal care and
other industries. Food and beverages industry was
the major end-use segment and is set to continue
its dominance over the next seven years. The
industry accounted for almost two third of global
market share and is poised to reach USD 740
million by 2023. Malic Acid mainly performs the
role of fruit additive to enhance flavour and
provide sour taste is extensively used in food
beverages. Personal care applications of Malic
Acid is growing currently, particularly in
anti-aging products due to its ability to control
pH level and higher buffer capacity. This
particular segment is projected to emerge as most
lucrative segment in the years to come due to
increasing personal care application with a CAGR
of 4.30. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/malic
-acid-market-4170
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Malic Acid Market Research Report- Forecast to
2023
Regional Outlook
As of 2016, Asia Pacific emerged as global
leader in the Malic Acid Market followed by North
America and Europe. The region is also a key
consumer of Malic Acid and occupied more than
half of the global market. China and India are
the major regional markets owing to increasing
urban population and changing consumer lifestyles
resulting in significant growth of packaged food
beverages. Factors such as higher adoption of
carbonate beverages, consumer shifting trend
towards processed food have encouraged demand.
Huge investment is underway on research and
development in order to develop new product
formulations from key industry participants.
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Malic Acid Market Research Report- Forecast to
2023
Major Players in this Research

• Malic Acid Market Prominent Players
• Tate Lyle
• Corbion NV
• Polynt S.p.A
• Fuso Chemical Co., Ltd. (Fuso)
• Thirumalai Chemicals Ltd. (TCL)
• Changmao Biochemical Engineering Company Limited
• Bartek Ingredients Inc.
• Isegen South Africa (Pty) Ltd
• Anhui Sealong Biotechnology Co. Ltd.
• Yongsan Chemicals, Inc.

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