D-Malic Acid Market Growth rate, Key Players, Forecast Period
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 2023 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.
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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.
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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.
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.
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, 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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