D-Malic Acid Market Impact of Covid-19
Description
Data Bridge Market Research analyses that the
d-malic acids market was valued at USD 576.18 million in 2021 and is
expected to reach USD 838.39 million by 2029, registering a CAGR of 4.80 %
during the forecast period of 2022 to 2029. The market report curated by the
Data Bridge Market Research team includes in-depth expert analysis,
import/export analysis, pricing analysis, production consumption analysis,
patent analysis and technological advancements.
Market
Analysis and Size Report Scope and Market Segmentation
Nowadays,
D-malic acid is extensively used in the food and beverage sector. It is used as
a natural flavoring agent and preservative agent. It’s also used to bind the
compounds in supplements and drugs and in certain cosmetic products. In
1785, the scientist Carl Wilhem Scheele discovered the malic acid in apple
juice. Two years later, the scientist French chemist Antoine Lavoisier called
it “acide malique,” which is French for malic acid. D-malic is one form of
malic acid formed naturally in plants, but can’t be extracted in a
cost-effective way.
D-malic acid is also known as
d-malate. It belongs to the class of organic compounds which has known as beta
hydroxy acids and their derivatives. Beta hydroxy acids and their derivatives
are those compounds which is containing a carboxylic acid substituted with a
hydroxyl group on the third carbon atom. D-Malic acid occurs in all living
organisms which is ranging from bacteria to human being. D-malic acid is a
primary metabolite. Primary metabolites are physiologically or metabolically
important metabolites. They are directly involved in an organism’s development,
growth, or reproduction.
D-Malic Acid Market Dynamics
Drivers
·
Increased the usage in health supplement
D-malic
acid is mainly used in health supplements, normally in the form of d-malic acid
due to which increase the demand of d-malic acid in the market. It is used to
increase the performance of sports when it has taken in the form of supplement.
It is sometimes mixed with creatine supplements in order to increase the
absorption of creatine in the body.
·
Highly used in food and beverages
D-malic
acid has antimicrobial properties which is used as a common food
preservative. Both salad dressing and mayonnaise, for example, often contain
increase the shelf life of food and add acidity in the food. Low-calorie
beverages also contain either d-malic acid. They trick the brain into thinking
the fruit flavor more than there really is. So due to high demand of d-malic
acid food and beverages sector are expected to drive the growth of the market.
·
Rise the demand in cosmetic industry
D-malic
acid is not just used in food, it is also an Alpha-Hydroxy Acids (AHA) which is
used in a lot of cosmetic products including body lotions, shampoos, and
more. Alpha-Hydroxy Acids are very helpful compound in cosmetics products.
The main reasons for using d-malic acid in cosmetics is to exfoliate and remove
dead skin cells, hydrate the skin, and usually improve the condition of skin.
Malic Acid also helps to balance the pH and hydrate the skin and it is normally
used with lactic acid and glycolic acid.
Opportunities
Growing
demand for protein drinks and nutritional bars and the increasing inclination
towards healthier functional beverages with large nutrient flavours are
projected to drive the market in the upcoming years. Also, support from other
regulatory authorities for example, the Food Safety and Standards Authority of
India (FSSAI) and European Food Safety Authority (EFSA) is projected to give
the market a significant increase during upcoming years.
Challenges
The common symptom is discomfort, and
they are faced by only some people who use supplements. The most common
symptoms are nausea, swollen skin, itching, muscle aches, chest pain, redness,
and constipation. These symptoms generally vanish after some days. Most of the
side effects are minor. They can hardly be major. These risky side effects are
more serious forms of smaller colleagues, for example extreme chest tension. It
can also the reason of shortness of breath, which needs instant medical
attention.
This d-malic acid market report
provides details of new recent developments, trade regulations, import-export
analysis, production analysis, value chain optimization, market share, impact
of domestic and localized market players, analyses opportunities in terms of
emerging revenue pockets, changes in market regulations, strategic market
growth analysis, market size, category market growths, application niches and
dominance, product approvals, product launches, geographic expansions,
technological innovations in the market. To gain more info on the d-malic acid
market contact Data Bridge Market Research for an Analyst Brief, our team will
help you take an informed market decision to achieve market growth.
Global D-Malic Acid Market Scope
The growth amongst these
segments will help you analyze meagre growth segments in the industries and
provide the users with a valuable market overview and market insights to help
them make strategic decisions for identifying core market applications.
Type
· Powder
· Liquid
Size
· Fine
· Dust
· Granular
· Special fine
Distribution
Channel
· Direct Sales
· Distributor
End-User
· Beverages
· Confectionery and Food
· Personal Care and Cosmetics
· Others
D-Malic Acid Market Regional Analysis
The countries covered in the d-malic
acid market report are U.S., Canada and Mexico in North America, Germany,
France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey,
Rest of Europe in Europe, China, Japan, India, South Korea, Singapore,
Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
(APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt,
Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and
Africa (MEA), Brazil, Argentina and Rest of South America as part of South
America.
During the projected period, Europe
is expected to be the fastest developing region due to the increase in demand
from the food and beverage industry in this region.
North America dominates the d-malic
acid market in terms of revenue and market share during the forecast period.
This is due to the increasing demand for d-malic acid in this region. North
America region leads the d-malic acid market because of the growing number of
consumers focus on cosmetic end uses and specialty personal care within this
region.
The country section of the report
also provides individual market impacting factors and changes in market
regulation that impact the current and future trends of the market. Data points
like down-stream and upstream value chain analysis, technical trends and
porter's five forces analysis, case studies are some of the pointers used to
forecast the market scenario for individual countries. Also, the presence and
availability of global brands and their challenges faced due to large or scarce
competition from local and domestic brands, impact of domestic tariffs and
trade routes are considered while providing forecast analysis of the country
data.
Competitive Landscape and D-Malic Acid Market Share Analysis
Details included are company
overview, company financials, revenue generated, market potential, investment
in research and development, new market initiatives, global presence,
production sites and facilities, production capacities, company strengths and
weaknesses, product launch, product width and breadth, application dominance.
The above data points provided are only related to the companies' focus related
to d-malic acid market.
Some of the major players operating in the d-malic acid market are:
·
Bartek Ingredients Inc. (Canada)
·
Yongsan Chemical Co., Ltd. (South
Korea)
·
Changmao Biochemical Engineering
Company Limited (China)
·
Fuso Chemical Co.Ltd. (Japan)
·
Thirumalai Chemicals Ltd. (India)
·
Polynt SpA. (Italy)
·
Novozymes, (Denmark)
·
FINORIC LLC (US)
·
Prinova Group LLC, (US)
·
Miles Chemical (US)
·
Isegen South Africa(Pty) Ltd (south
Africa)
·
Spectrum Chemical (US)
·
Corbion (Netherlands)
·
Muby Chemicals (India)
·
Zhonglan Industry Co.,Ltd. (China)
·
Qiaoyou Chemicai (China)
·
Wego Chemical Group (US)
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