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Malic Acid Market Segmented By types such as D-malic acid, L-malic acid, DL-malic acid having application such as Food and Beverages, Personal care products, Pharmaceuticals, Paints and Soaps, Construction, Electroplating, Others
Malic acid is a dicarboxylic acid which is used an active ingredient in many tart foods. Malic acid are found naturally in fruits such as apples and cherries. Malic acid is produced in the cell of animals and plants by metabolic cycles. Malic acid exhibits the properties such as flavour enhancement, controlling the growth of microorganisms and also adjusting pH which makes it more preferable for use in the food and beverage industry.
Malic acid imparts a very pleasant flavour when added in the food and beverages. Hence, it finds the largest application in the food and beverage industry where it is used in carbonated beverages, bakery products, desserts, fruit juices, frozen specialities and sports drinks.
The growing consumption of the protein drinks and fruit flavoured drinks is witnessing the highest demand in the malic acid market. However, the global malic acid market is expected to showcase a moderate single-digit growth in the forecast period.
The growing demand for the added flavours from the food and beverage industry is expected to fuel the malic acid market. The use of malic acid as a preservative is increasing due to the embracement of convenience food products such as ready to drink beverages and the processed foods, thus driving the malic acid market. The growing demand for personal care products is anticipated to be a major demand driver for the malic acid market.
The shift of trend to bio based products is expected to fuel bio-based malic acid market. Also, the growth in the construction industry due to the rapid urbanization in the developing countries is expected to fuel the malic acid market. Stringent government regulations pertaining to its use in the food and beverages is expected to restrain the global malic acid market.
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