Malic Acid Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The Malic Acid Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Bordeaux Mixture industry targeted at helping in business decisions. Global Malic Acid Market Size is likely to register a healthy CAGR from 2017 to 2024 owing to its wide range of uses in several industries such as food, pharmaceutical, and personal care. The product is mainly used as a food additive to augment flavors such as sourness or tartness. Due to its antimicrobial properties and pH controlling ability, it is used as a preservative in packaged food items to increase their shelf life. Changing lifestyle, increasing disposable income of consumers, working women population, and growing urban population is leading to the adoption of convenience and ready-to-eat food products, which in turn is driving the malic acid market demand.
The product is also gradually replacing antibiotics in animal feed which in turn is driving the malic acid market demand further. Moreover, evolution of new and innovative ingredients in the food and beverages industry is creating new opportunities for preservatives and flavorings. Being a food additive, the product induces a pleasant taste to food and beverages it is added to. It uniformly helps in the masking any unpleasant after-tastes of vitamins, plant extracts, amino acids, nutraceuticals, or antioxidants in several health drinks. Increasing consumption of protein drinks and nutritional bars has led to a rise in malic acid market demand. Moreover, the demand for functional food and sports nutrition is accelerating at a prominent rate in developed economies such as the U.S., France, Japan and the UK. Developing personal care product industry, on the account of increasing awareness about personal hygiene and cleanliness, will also have a positive influence on the global malic acid market in coming years. It is used in various toothpastes and mouthwashes as it stimulates the flow of saliva in the mouth. Increasing demand for flavored soaps and detergents in the hospitality sector will further augment the growth. The product is available in two forms, mainly dry powder form and solid crystalline form. On the basis of source, malic acid market can be segmented into fruits and 1|Page