Malic Acid Market Analysis By Application (Beverages, Confectionery & Food) And Segment Forecasts To 2020
Global malic acid market is expected to reach USD 0.20 billion by 2020. Increasing acidulant and artificial flavorant demand in food & beverage industries is expected to drive the global malic acid market over the forecast period. Increasing requirement for citric acid substitutes as natural flavorant coupled with increasing penetration in powdered fruit flavored beverages is also expected to have a positive influence on the market growth. Regulatory approval of malic acid for food processing from FDA, FSSAI and EFSA is further estimated to augment market growth over the next six years.
Beverages were the largest application segment and accounted for 52.6% of total market volume in 2013. Increasing fruit flavored beverages demand coupled with rising disposable income level particularly in BRIC nations is expected to drive this segment over the forecast period. Confectionery & food is poised to witness the highest growth on account of escalating acidity regulators and acidulants demand in bakeries. Rising consumption of confectionery products such as gum, fruit butters, jams, jellies, and hard candies is also expected to contribute to the market growth. Confectioneries & food application is poised to grow at an estimated CAGR of 4.6% over the next six years.
Further key findings from the study suggest:
Global malic acid demand was 66.3 kilo tons in 2013 and is expected to reach 88.7 kilo tons by 2020, growing at an estimated CAGR of 4.3% from 2014 to 2020.
Asia Pacific was the leading malic acid consumer and accounted for 43.7% of total market volume in 2013. Rapid industrialization coupled with positive outlook on food & beverage industry in India, China and Indonesia is expected to drive the regional malic acid demand. Asia Pacific is also expected to witness the highest growth of 5.3% from 2014 to 2020. China emerged as a major malic acid consumer owing to high demand from processed food preservation.
Europe and North America were other significant regional malic acid market. High demand of powdered fruit flavored and low calorie beverages primarily in U.S., UK, Mexico, France and Italy may be attributed for market penetration. Stringent regulatory scenario may negatively impact malic acid market growth in these regions over the next few years. North American malic acid market is expected to exceed USD 50 million by 2020.
Global malic acid market is moderately fragmented on account of large number of regional players. Major companies operating in the global market have been investing heavily on R&D and capacity expansion to cater the growing niche application segments. Key players in global malic acid market comprise Polynt, FUSO, Bartek, Thirumalai Chemicals, U.S. Chemicals LLC and Prinova LLC.
For the purpose of this study, Grand View Research has segmented the malic acid market on the basis of application and region:
Global Malic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2007 - 2020)
Beverages were the largest application segment and accounted for 52.6% of total market volume in 2013. Increasing fruit flavored beverages demand coupled with rising disposable income level particularly in BRIC nations is expected to drive this segment over the forecast period. Confectionery & food is poised to witness the highest growth on account of escalating acidity regulators and acidulants demand in bakeries. Rising consumption of confectionery products such as gum, fruit butters, jams, jellies, and hard candies is also expected to contribute to the market growth. Confectioneries & food application is poised to grow at an estimated CAGR of 4.6% over the next six years.
Further key findings from the study suggest:
Global malic acid demand was 66.3 kilo tons in 2013 and is expected to reach 88.7 kilo tons by 2020, growing at an estimated CAGR of 4.3% from 2014 to 2020.
Asia Pacific was the leading malic acid consumer and accounted for 43.7% of total market volume in 2013. Rapid industrialization coupled with positive outlook on food & beverage industry in India, China and Indonesia is expected to drive the regional malic acid demand. Asia Pacific is also expected to witness the highest growth of 5.3% from 2014 to 2020. China emerged as a major malic acid consumer owing to high demand from processed food preservation.
Europe and North America were other significant regional malic acid market. High demand of powdered fruit flavored and low calorie beverages primarily in U.S., UK, Mexico, France and Italy may be attributed for market penetration. Stringent regulatory scenario may negatively impact malic acid market growth in these regions over the next few years. North American malic acid market is expected to exceed USD 50 million by 2020.
Global malic acid market is moderately fragmented on account of large number of regional players. Major companies operating in the global market have been investing heavily on R&D and capacity expansion to cater the growing niche application segments. Key players in global malic acid market comprise Polynt, FUSO, Bartek, Thirumalai Chemicals, U.S. Chemicals LLC and Prinova LLC.
For the purpose of this study, Grand View Research has segmented the malic acid market on the basis of application and region:
Global Malic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2007 - 2020)
- Beverages
- Confectionary & food
- Others
- North America
- U.S.
- Canada
- Europe
- Asia Pacific
- Middle East & Africa
- Central & South America
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Malic Acid– Industry Summary & Critical Success Factors (CSFs)
CHAPTER 3 MALIC ACID INDUSTRY OUTLOOK
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Malic Acid Production Cost Analysis
3.4 Malic Acid Pricing Analysis
3.5 Value Chain Analysis
3.6 Malic Acid Market Dynamics
3.6.1 Market driver analysis
3.6.1.1 Growth of food and beverage industry
3.6.1.2 Approval from regulatory bodies
3.6.2 Market restraint analysis
3.6.2.1 Volatile raw material prices
3.7 Key Opportunities Prioritized
3.8 Industry Analysis - Porter's
3.9 Malic Acid- Company Market Share Analysis
3.10 Malic Acid- PESTEL Analysis
CHAPTER 4 MALIC ACID APPLICATION OUTLOOK
4.1 Global Malic Acid Market Share by Application, 2013 & 2020
4.2 Beverages
4.2.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.2.1 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
4.3 Confectionery & Food
4.3.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.3.2 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
4.4 Others
4.4.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.4.2 Market estimates and forecast by region, 2007 -2020, (Kilo Tons) (USD Million)
CHAPTER 5 MALIC ACID REGIONAL OUTLOOK
5.1 Global Market Share by Region, 2013 & 2020
5.2 North America
5.2.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.2 Market estimates and forecast by application, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.3 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.3.1 U.S.
5.2.3.1.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.1.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.2 Canada
5.2.3.2.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.2.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.3 Europe
5.3.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.3.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.4.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.5 Central and South America
5.5.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.5.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.6 Middle East And Africa
5.6.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.6.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Bartek Ingredients
6.1.1Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Developments
6.2 Changmao Biochemical
6.2.1Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Developments
6.3 FUSO
6.3.1Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Developments
6.4 Isegen South Africa
6.4.1Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Developments
6.5 Miles Chemical
6.5.1Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Developments
6.6 Qiaoyou Chemical
6.6.1Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Developments
6.7 Sealong Biotechnology
6.7.1Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Developments
6.8 Thirumalai Chemicals
6.8.1Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Developments
6.9 Yongsan Chemicals
6.9.1Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Developments
6.10 Polynt S.p.A
6.10.1Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Developments
6.11 Prinova LLC
6.11.1Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Developments
6.12 Wego Chemicals & Minerals corp.
6.12.1Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Developments
6.13 U.S. Chemicals LLC
6.13.1Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Developments
6.14 The Chemical Company
6.14.1Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Developments
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Malic Acid– Industry Summary & Critical Success Factors (CSFs)
CHAPTER 3 MALIC ACID INDUSTRY OUTLOOK
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Malic Acid Production Cost Analysis
3.4 Malic Acid Pricing Analysis
3.5 Value Chain Analysis
3.6 Malic Acid Market Dynamics
3.6.1 Market driver analysis
3.6.1.1 Growth of food and beverage industry
3.6.1.2 Approval from regulatory bodies
3.6.2 Market restraint analysis
3.6.2.1 Volatile raw material prices
3.7 Key Opportunities Prioritized
3.8 Industry Analysis - Porter's
3.9 Malic Acid- Company Market Share Analysis
3.10 Malic Acid- PESTEL Analysis
CHAPTER 4 MALIC ACID APPLICATION OUTLOOK
4.1 Global Malic Acid Market Share by Application, 2013 & 2020
4.2 Beverages
4.2.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.2.1 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
4.3 Confectionery & Food
4.3.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.3.2 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
4.4 Others
4.4.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
4.4.2 Market estimates and forecast by region, 2007 -2020, (Kilo Tons) (USD Million)
CHAPTER 5 MALIC ACID REGIONAL OUTLOOK
5.1 Global Market Share by Region, 2013 & 2020
5.2 North America
5.2.1 Market estimates and forecast, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.2 Market estimates and forecast by application, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.3 Market estimates and forecast by region, 2007 - 2020, (Kilo Tons) (USD Million)
5.2.3.1 U.S.
5.2.3.1.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.1.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.2 Canada
5.2.3.2.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.2.3.2.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.3 Europe
5.3.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.3.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.4.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.5 Central and South America
5.5.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.5.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
5.6 Middle East And Africa
5.6.1 Market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
5.6.2 Market estimates and forecast by application, 2007 -2020, (Kilo Tons) (USD Million)
CHAPTER 6 COMPETITIVE LANDSCAPE
6.1 Bartek Ingredients
6.1.1Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Developments
6.2 Changmao Biochemical
6.2.1Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Developments
6.3 FUSO
6.3.1Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Developments
6.4 Isegen South Africa
6.4.1Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Developments
6.5 Miles Chemical
6.5.1Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Developments
6.6 Qiaoyou Chemical
6.6.1Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Developments
6.7 Sealong Biotechnology
6.7.1Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Developments
6.8 Thirumalai Chemicals
6.8.1Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Developments
6.9 Yongsan Chemicals
6.9.1Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Developments
6.10 Polynt S.p.A
6.10.1Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Developments
6.11 Prinova LLC
6.11.1Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Developments
6.12 Wego Chemicals & Minerals corp.
6.12.1Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Developments
6.13 U.S. Chemicals LLC
6.13.1Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Developments
6.14 The Chemical Company
6.14.1Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Developments
LIST OF TABLES
1. Malic acid – Industry Summary & Critical Success Factors (CSFs)
2. Global malic acid market estimates and forecast, 2007 – 2020, (Kilo Tons) (USD Million)
3. Global malic acid market estimates and forecast by region, 2007 – 2020, (Kilo Tons)
4. Global malic acid market estimates and forecast by region, 2007 – 2020, (USD Million)
5. Global malic acid market estimates and forecast by application, 2007 – 2020, (Kilo Tons)
6. Global malic acid market estimates and forecast by application, 2007 – 2020, (USD Million)
7. Fixed capital investment components
8. Capital investment components
9. Equipment cost breakdown
10. Operating cost components
11. Global malic acid price trend, 2007 – 2013 (USD/ton)
12. North America malic acid price trend by country, 2007 – 2013 (USD/ton)
13. Global malic acid price forecast by region, 2014 – 2020 (USD/ton)
14. Malic acid– Key market driver analysis
15. Malic acid– Key market restraint analysis
16. Global malic acid market estimates and forecast in beverages, 2007 -2020, (Kilo Tons) (USD Million)
17. Global malic acid market volume estimates and forecast in beverages by region, 2007 -2020, (Kilo Tons)
18. Global malic acid revenue estimates and forecast in beverages by region, 2007 – 2020 (USD Million)
19. Global malic acid market estimates and forecast in confectionery & food, 2007 – 2020 (Kilo Tons) (USD Million)
20. Global malic acid market volume estimates and forecast in confectionery & food by regions, 2007 – 2020 (Kilo Tons)
21. Global malic acid revenue estimates and forecast in confectionery & food by region, 2007 – 2020 (USD Million)
22. Global malic acid market estimates and forecast in other applications, 2007 - 2020, (Kilo Tons) (USD Million)
23. Global malic acid market volume estimates and forecast in other industries by region, 2007 – 2020 (Kilo Tons)
24. Global malic acid revenue estimates and forecast in other industries by region, 2007 – 2020 (USD Million)
25. North America malic acid market estimates and forecast, 2007 -2020 (Kilo Tons) (USD Million)
26. North America malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
27. North America malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
28. Europe malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
29. Europe malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
30. Europe malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
31. Asia Pacific malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
32. Asia Pacific malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
33. Asia Pacific malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
34. Central & South America malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
35. Central & South America malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
36. Central & South America malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
37. Middle East & Africa malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
38. Middle East & Africa malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
39. Middle East & Africa malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
1. Malic acid – Industry Summary & Critical Success Factors (CSFs)
2. Global malic acid market estimates and forecast, 2007 – 2020, (Kilo Tons) (USD Million)
3. Global malic acid market estimates and forecast by region, 2007 – 2020, (Kilo Tons)
4. Global malic acid market estimates and forecast by region, 2007 – 2020, (USD Million)
5. Global malic acid market estimates and forecast by application, 2007 – 2020, (Kilo Tons)
6. Global malic acid market estimates and forecast by application, 2007 – 2020, (USD Million)
7. Fixed capital investment components
8. Capital investment components
9. Equipment cost breakdown
10. Operating cost components
11. Global malic acid price trend, 2007 – 2013 (USD/ton)
12. North America malic acid price trend by country, 2007 – 2013 (USD/ton)
13. Global malic acid price forecast by region, 2014 – 2020 (USD/ton)
14. Malic acid– Key market driver analysis
15. Malic acid– Key market restraint analysis
16. Global malic acid market estimates and forecast in beverages, 2007 -2020, (Kilo Tons) (USD Million)
17. Global malic acid market volume estimates and forecast in beverages by region, 2007 -2020, (Kilo Tons)
18. Global malic acid revenue estimates and forecast in beverages by region, 2007 – 2020 (USD Million)
19. Global malic acid market estimates and forecast in confectionery & food, 2007 – 2020 (Kilo Tons) (USD Million)
20. Global malic acid market volume estimates and forecast in confectionery & food by regions, 2007 – 2020 (Kilo Tons)
21. Global malic acid revenue estimates and forecast in confectionery & food by region, 2007 – 2020 (USD Million)
22. Global malic acid market estimates and forecast in other applications, 2007 - 2020, (Kilo Tons) (USD Million)
23. Global malic acid market volume estimates and forecast in other industries by region, 2007 – 2020 (Kilo Tons)
24. Global malic acid revenue estimates and forecast in other industries by region, 2007 – 2020 (USD Million)
25. North America malic acid market estimates and forecast, 2007 -2020 (Kilo Tons) (USD Million)
26. North America malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
27. North America malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
28. Europe malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
29. Europe malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
30. Europe malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
31. Asia Pacific malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
32. Asia Pacific malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
33. Asia Pacific malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
34. Central & South America malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
35. Central & South America malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
36. Central & South America malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
37. Middle East & Africa malic acid market estimates and forecast, 2007 -2020, (Kilo Tons) (USD Million)
38. Middle East & Africa malic acid market volume estimates and forecast by application, 2007 -2020 (Kilo Tons)
39. Middle East & Africa malic acid revenue estimates and forecast by application, 2007 -2020 (USD Million)
LIST OF FIGURES
1. Malic acid market segmentation
2. Malic acid total capital investment distribution share
3. Malic acid operating cost distribution share
4. Global malic acid price trends by region, 2007 – 2020, (USD/Ton)
5. U.S. & Canada malic acid price trends by region, 2007 – 2020, (USD/Ton)
6. Malic acid- Value chain analysis
7. Malic acid- Market dynamics
8. Malic acid- Company market share analysis, 2013
9. Key opportunities prioritized
10. Industry analysis - Porter's
11. Malic acid PESTEL analysis, 2013
12. Global malic acid market volume share by application, 2013 & 2020
13. Global malic acid market volume share by region, 2013 & 2020
1. Malic acid market segmentation
2. Malic acid total capital investment distribution share
3. Malic acid operating cost distribution share
4. Global malic acid price trends by region, 2007 – 2020, (USD/Ton)
5. U.S. & Canada malic acid price trends by region, 2007 – 2020, (USD/Ton)
6. Malic acid- Value chain analysis
7. Malic acid- Market dynamics
8. Malic acid- Company market share analysis, 2013
9. Key opportunities prioritized
10. Industry analysis - Porter's
11. Malic acid PESTEL analysis, 2013
12. Global malic acid market volume share by application, 2013 & 2020
13. Global malic acid market volume share by region, 2013 & 2020
