Fumaric Acid Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Rosin Paper Sizes, Unsaturated Polyester Resins, Alkyd Resins), By Region, And Segment Forecasts, 2024 - 2030
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Frozen Fruit Bar Market Growth & Trends
The global frozen fruit bar market size is expected to reach USD 29.2 million by 2030, registering to grow at a CAGR of 9.5% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising demand for innovative flavors coupled with the tendency of impulse buying among consumers is expected to drive the growth.
Asia Pacific is expected to witness the fastest growth in near future, owing to supportive government policies and growing population. North America frozen fruit bar market dominated the global frozen fruit bar market with a revenue share of 24.9% in 2023. As a result of growing demand for tropical fruits in U.S. and European countries, many large scale manufacturers are getting into the market, especially in developed regions like Europe and U.S., among others.
Frozen fruit bars are available in various flavors. The citrus segment in flavors dominated the frozen fruit bar market with a revenue share of 11.9% in 2023. Availability of variety of flavors and rising consumption of frozen fruit bars as snack are some of the major market drivers.
Manufacturers are introducing innovative new products by including exotic organic flavors, functional ingredients, and herbal fillings, in product formulations to meet the consumer demand. For instance, companies are making other exotic flavors such as lemons, coconuts, and tropical fruits to bring variety. Companies are making low-fat and low-calorie bars to cater to high demand from health-conscious consumers, which is expected to further drive the product demand.
Frozen Fruit Bar Market Report Highlights
Frozen Fruit Bar Market Growth & Trends
The global frozen fruit bar market size is expected to reach USD 29.2 million by 2030, registering to grow at a CAGR of 9.5% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising demand for innovative flavors coupled with the tendency of impulse buying among consumers is expected to drive the growth.
Asia Pacific is expected to witness the fastest growth in near future, owing to supportive government policies and growing population. North America frozen fruit bar market dominated the global frozen fruit bar market with a revenue share of 24.9% in 2023. As a result of growing demand for tropical fruits in U.S. and European countries, many large scale manufacturers are getting into the market, especially in developed regions like Europe and U.S., among others.
Frozen fruit bars are available in various flavors. The citrus segment in flavors dominated the frozen fruit bar market with a revenue share of 11.9% in 2023. Availability of variety of flavors and rising consumption of frozen fruit bars as snack are some of the major market drivers.
Manufacturers are introducing innovative new products by including exotic organic flavors, functional ingredients, and herbal fillings, in product formulations to meet the consumer demand. For instance, companies are making other exotic flavors such as lemons, coconuts, and tropical fruits to bring variety. Companies are making low-fat and low-calorie bars to cater to high demand from health-conscious consumers, which is expected to further drive the product demand.
Frozen Fruit Bar Market Report Highlights
- The low-fat segment dominated the market with a revenue share of 53.5% in 2023. The segment’s dominance in the frozen fruit bar market can be attributed to the growing demand for healthy, nutritious snack options. Lactose intolerant consumers and those with dietary restrictions opt for low-fat bars to avoid discomfort and disease.
- The citrus segment in flavors dominated the frozen fruit bar market with a revenue share of 11.9% in 2023. The citrus flavor segment is driven by its digestive benefits, stomach health, and high vitamin C content, positioning it as a healthier alternative to artificial flavors.
- The frozen fruit bar market in Asia Pacific is expected to register the fastest CAGR of 11.4% in the forecast period. The growth can be attributed to factors such as increasing awareness about health, availability of a new variety of fruits, research & innovation in production, increasing disposable income, and better promotional strategies.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. FUMARIC ACID MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Kilotons) (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Fumaric Acid Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1 Bargaining power of the suppliers
3.4.1.2 Bargaining power of the buyers
3.4.1.2.1 Threats of substitution
3.4.1.2.2 Threats from new entrants
3.4.1.2.3 Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1 Political landscape
3.4.2.2 Economic and Social landscape
3.4.2.3 Technological landscape
3.4.2.4 Environmental landscape
3.4.2.5 Legal landscape
CHAPTER 4. FUMARIC ACID MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Fumaric Acid Market: Application Movement Analysis, Kilotons, 2023 & 2030 (USD Million)
4.3. Food & Beverages
4.4. Food & Beverages Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.5. Rosin Paper Sizes
4.5.1. Rosin Paper Sizes Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.6. Unsaturated Polyester Resins (UPR)
4.6.1. Unsaturated Polyester Resins (UPR) Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.7. Alkyd Resins
4.7.1. Alkyd Resins Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.8. Others
4.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5. FUMARIC ACID MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1. Fumaric Acid Market Share, By Region, 2023 & 2030 (Kilotons) (USD Million)
5.2. North America
5.2.1. North America Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.2. U.S.
5.2.2.1 U.S. Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.3. Canada
5.2.3.1 Canada Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.4. Mexico
5.2.4.1 Mexico Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3. Europe
5.3.1. Europe Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.2. UK
5.3.2.1 UK Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.3. Germany
5.3.3.1 Germany Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.4. France
5.3.4.1 France Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.5. Italy
5.3.5.1 Italy Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.6. Spain
5.3.6.1 Spain Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.7. Russia
5.3.7.1 Russia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4. Asia Pacific
5.4.1. Asia Pacific Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.2. China
5.4.2.1 China Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.3. India
5.4.3.1 India Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.4. Japan
5.4.4.1 Japan Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.5. South Korea
5.4.5.1 South Korea Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.6. Thailand
5.4.6.1 Thailand Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.7. Indonesia
5.4.7.1 Indonesia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.8. Australia
5.4.8.1 Australia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5. Latin America
5.5.1. Latin America Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5.2. Brazil
5.5.2.1 Brazil Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5.3. Argentina
5.5.3.1 Argentina Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6. Middle East and Africa
5.6.1. Middle East and Africa Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.2. South Africa
5.6.2 South Africa Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.3. Saudi Arabia
5.6.3 Saudi Arabia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.4. UAE
5.6.4 UAE Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
6.4.1. Anmol Chemicals Private Limited
6.4.1.1 Participant’s Overview
6.4.1.2 Financial Performance
6.4.1.3 Product Benchmarking
6.4.1.4 Recent Developments/ Strategic Initiatives
6.4.2. Bartek Ingredients Inc.
6.4.2.1 Participant’s Overview
6.4.2.2 Financial Performance
6.4.2.3 Product Benchmarking
6.4.2.4 Recent Developments/ Strategic Initiatives
6.4.3. Changmao Biochem Engineering Company Limited
6.4.3.1 Participant’s Overview
6.4.3.2 Financial Performance
6.4.3.3 Product Benchmarking
6.4.3.3 Recent Developments/ Strategic Initiatives
6.4.4. ESIM Chemicals GmbH
6.4.4.1 Participant’s Overview
6.4.4.2 Financial Performance
6.4.4.3 Product Benchmarking
6.4.4.3 Recent Developments/ Strategic Initiatives
6.4.5. Fuso Chemicals Co. Ltd
6.4.5.1 Participant’s Overview
6.4.5.2 Financial Performance
6.4.5.3 Product Benchmarking
6.4.5.4 Recent Developments/ Strategic Initiatives
6.4.6. Merck KGaA
6.4.6.1 Participant’s Overview
6.4.6.2 Financial Performance
6.4.6.3 Product Benchmarking
6.4.6.4 Recent Developments/ Strategic Initiatives
6.4.7. Polynt
6.4.7.1 Participant’s Overview
6.4.7.2 Financial Performance
6.4.7.3 Product Benchmarking
6.4.7.4 Recent Developments/ Strategic Initiatives
6.4.8. Thirumalai Chemicals
6.4.8.1 Participant’s Overview
6.4.8.2 Financial Performance
6.4.8.3 Product Benchmarking
6.4.8.4 Recent Developments/ Strategic Initiatives
6.4.9. UPC Group of Companies
6.4.9.1 Participant’s Overview
6.4.9.2 Financial Performance
6.4.9.3 Product Benchmarking
6.4.9.4 Recent Developments/ Strategic Initiatives
6.4.10. Yongsan Chemicals Inc.
6.4.10.1 Participant’s Overview
6.4.10.2 Financial Performance
6.4.10.3 Product Benchmarking
6.4.10.4 Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. FUMARIC ACID MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Kilotons) (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Fumaric Acid Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1 Bargaining power of the suppliers
3.4.1.2 Bargaining power of the buyers
3.4.1.2.1 Threats of substitution
3.4.1.2.2 Threats from new entrants
3.4.1.2.3 Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1 Political landscape
3.4.2.2 Economic and Social landscape
3.4.2.3 Technological landscape
3.4.2.4 Environmental landscape
3.4.2.5 Legal landscape
CHAPTER 4. FUMARIC ACID MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Fumaric Acid Market: Application Movement Analysis, Kilotons, 2023 & 2030 (USD Million)
4.3. Food & Beverages
4.4. Food & Beverages Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.5. Rosin Paper Sizes
4.5.1. Rosin Paper Sizes Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.6. Unsaturated Polyester Resins (UPR)
4.6.1. Unsaturated Polyester Resins (UPR) Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.7. Alkyd Resins
4.7.1. Alkyd Resins Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.8. Others
4.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5. FUMARIC ACID MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1. Fumaric Acid Market Share, By Region, 2023 & 2030 (Kilotons) (USD Million)
5.2. North America
5.2.1. North America Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.2. U.S.
5.2.2.1 U.S. Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.3. Canada
5.2.3.1 Canada Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.4. Mexico
5.2.4.1 Mexico Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3. Europe
5.3.1. Europe Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.2. UK
5.3.2.1 UK Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.3. Germany
5.3.3.1 Germany Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.4. France
5.3.4.1 France Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.5. Italy
5.3.5.1 Italy Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.6. Spain
5.3.6.1 Spain Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.7. Russia
5.3.7.1 Russia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4. Asia Pacific
5.4.1. Asia Pacific Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.2. China
5.4.2.1 China Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.3. India
5.4.3.1 India Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.4. Japan
5.4.4.1 Japan Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.5. South Korea
5.4.5.1 South Korea Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.6. Thailand
5.4.6.1 Thailand Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.7. Indonesia
5.4.7.1 Indonesia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.8. Australia
5.4.8.1 Australia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5. Latin America
5.5.1. Latin America Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5.2. Brazil
5.5.2.1 Brazil Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5.3. Argentina
5.5.3.1 Argentina Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6. Middle East and Africa
5.6.1. Middle East and Africa Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.2. South Africa
5.6.2 South Africa Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.3. Saudi Arabia
5.6.3 Saudi Arabia Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.4. UAE
5.6.4 UAE Fumaric Acid Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
6.4.1. Anmol Chemicals Private Limited
6.4.1.1 Participant’s Overview
6.4.1.2 Financial Performance
6.4.1.3 Product Benchmarking
6.4.1.4 Recent Developments/ Strategic Initiatives
6.4.2. Bartek Ingredients Inc.
6.4.2.1 Participant’s Overview
6.4.2.2 Financial Performance
6.4.2.3 Product Benchmarking
6.4.2.4 Recent Developments/ Strategic Initiatives
6.4.3. Changmao Biochem Engineering Company Limited
6.4.3.1 Participant’s Overview
6.4.3.2 Financial Performance
6.4.3.3 Product Benchmarking
6.4.3.3 Recent Developments/ Strategic Initiatives
6.4.4. ESIM Chemicals GmbH
6.4.4.1 Participant’s Overview
6.4.4.2 Financial Performance
6.4.4.3 Product Benchmarking
6.4.4.3 Recent Developments/ Strategic Initiatives
6.4.5. Fuso Chemicals Co. Ltd
6.4.5.1 Participant’s Overview
6.4.5.2 Financial Performance
6.4.5.3 Product Benchmarking
6.4.5.4 Recent Developments/ Strategic Initiatives
6.4.6. Merck KGaA
6.4.6.1 Participant’s Overview
6.4.6.2 Financial Performance
6.4.6.3 Product Benchmarking
6.4.6.4 Recent Developments/ Strategic Initiatives
6.4.7. Polynt
6.4.7.1 Participant’s Overview
6.4.7.2 Financial Performance
6.4.7.3 Product Benchmarking
6.4.7.4 Recent Developments/ Strategic Initiatives
6.4.8. Thirumalai Chemicals
6.4.8.1 Participant’s Overview
6.4.8.2 Financial Performance
6.4.8.3 Product Benchmarking
6.4.8.4 Recent Developments/ Strategic Initiatives
6.4.9. UPC Group of Companies
6.4.9.1 Participant’s Overview
6.4.9.2 Financial Performance
6.4.9.3 Product Benchmarking
6.4.9.4 Recent Developments/ Strategic Initiatives
6.4.10. Yongsan Chemicals Inc.
6.4.10.1 Participant’s Overview
6.4.10.2 Financial Performance
6.4.10.3 Product Benchmarking
6.4.10.4 Recent Developments/ Strategic Initiatives
