Malic Acid Market: In-Depth Analysis
on Size and Market Challenges |
Global Foreseen Till 2023
BusinessIndustryReports have new report on “Global Malic Acid Market
2019-2023”. The report provides the newest industry data and industry future
trends. The industry report lists the leading competitors and provides the
insights strategic industry Analysis of the key factors influencing the market.
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview
record, business distribution etc., these data help the consumer know about the competitors’ better.
This report also covers all the regions and countries of the world, which shows a regional
development status, including market size.
Get Sample Copy of this Report @ https://www.businessindustryreports.com/sample-
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Malic Acid market size to maintain the average annual growth rate of 0.0149319789454 from 260.0
million $ in 2014 to 280.0 million $ in 2018, market analysts believe that in the next few years, Malic
Acid market size will be further expanded, we expect that by 2023, The market size of the Malic Acid
will reach 300.0 million $.
Malic Acid is a colourless, white crystalline powder with the molecular formula C4H6O5. It belongs
to a group of dicarboxylic acids and is soluble in various alcohols as well as water. Malic Acid can be
naturally derived from various fruits like apple, watermelon and vegetables. Malic Acid is used to
enhance flavor and tartness in many confectioneries, beverage and bakery products
Moreover, malic acid is steadily replacing antibiotics in animal feed and as a result, the demand from
animal feed applications is also increasing. Furthermore, evolution of new innovative ingredients in
the food and beverages industry is opening up new opportunities for flavorings and preservatives
such as malic acid. Malic acid readily substitutes citric acid in the detergent industry and hence,
detergent and cleaner application segment provides an emerging opportunity in the malic acid
market.