Malonic Acid Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (Flavor Enhancer, Additive, pH Controller, Precurser, Others), By End Use Industry (Food & Beverage, Pharmaceutical, Agriculture, Plastics, Paints & Coatings, Others), By Region and Competition 2018-2028

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 97.45 million

CAGR (2023-2028)

4.11%

Fastest Growing Segment

Food & Beverage

Largest Market

North America

 

Market Overview

Global Malonic Acid Market has valued at USD 97.45 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.11% through 2028. Malonic acid, characterized by the chemical formula C3H4O4, belongs to the class of dicarboxylic acids. It exists in the form of a crystalline powder, possessing a distinct sharp taste, and exhibits solubility in both water and ethanol. This compound finds extensive applications across various industries, including pharmaceuticals, food and beverage, and agriculture. Notably, the market for malonic acid has experienced a surge in demand, primarily attributed to the increasing agricultural needs.

Key Market Drivers

Rising Demand of Malonic Acid in Food & Beverage Industry

Malonic acid, a versatile organic compound, has found a multitude of applications across various industries, and the food and beverage sector is no exception. In recent years, there has been a growing demand for malonic acid in this industry, driven by its unique properties and its ability to meet several critical needs, from enhancing flavor profiles to improving food preservation and safety. One of the key factors driving the demand for malonic acid in the food and beverage sector is its role in enhancing flavors and aromas. Malonic acid derivatives are commonly used as acidulants to impart a tart or sour taste to a wide range of food and beverage products. This tartness can be tailored to specific preferences, making it a valuable tool for flavor modulation in products like candies, beverages, and confectionery.

Moreover, malonic acid derivatives are involved in the formation of various aroma compounds through esterification and condensation reactions. These compounds contribute to the overall sensory experience of food and beverages, influencing taste, smell, and even texture. The ability of malonic acid to create and enhance these aroma compounds has made it an essential ingredient in the formulation of a variety of flavored products, from fruit-flavored beverages to baked goods. In food and beverage manufacturing, maintaining the right pH level is crucial for product safety, stability, and preservation. Malonic acid and its salts are used as acidulants to control and adjust the pH of food and beverage products. This pH control is vital for preventing spoilage, inhibiting bacterial growth, and preserving the shelf life of these products.

Furthermore, malonic acid derivatives are utilized in the preservation of fruits and vegetables. They help maintain the crispness and color of canned and frozen produce, ensuring that consumers receive products with optimal texture and appearance. This preservation aspect extends the availability of fresh-tasting fruits and vegetables throughout the year. Food and beverage manufacturers are increasingly seeking natural alternatives to synthetic preservatives. Malonic acid and its derivatives have emerged as viable options due to their antioxidant properties. These compounds can inhibit the oxidation of fats and oils in food products, extending their shelf life and preventing rancidity. In addition to lipid oxidation control, malonic acid derivatives can help protect the color and flavor of products containing natural pigments and aromas. This preservation effect is particularly valuable in the production of natural and organic foods, where consumer demand for clean labels and minimal synthetic additives is on the rise. Malonic acid serves as a valuable synthetic intermediate to produce various food additives. One notable example is diethyl malonate, which is used to synthesize artificial flavors and fragrances. This compound is instrumental in creating a wide range of flavoring agents, contributing to the diversity of food and beverage products available to consumers, leading to the demand of market in the forecast period.

Increasing Demand of Malonic Acid in Agriculture Sector

In the realm of agriculture, where every harvest counts, the demand for innovative solutions to enhance crop yields, protect plants from pests and diseases, and promote sustainable farming practices is ever-increasing. Malonic acid, a versatile organic compound, has emerged as a key player in meeting these agricultural challenges. One of the most significant drivers of malonic acid's demand in agriculture is its role in the development of agrochemicals, particularly herbicides and pesticides. Malonic acid derivatives serve as essential components in the formulation of these chemicals. These derivatives are prized for their ability to enhance the efficacy and safety of agricultural chemicals, making them indispensable tools for modern farming. Herbicides, which control weed growth, are vital for ensuring that crops receive the nutrients, water, and sunlight they need to thrive. Malonic acid-based herbicides have shown promise in selectively targeting weeds while leaving crops unharmed, thanks to their specific chemical properties. As weed resistance to traditional herbicides becomes increasingly problematic, malonic acid derivatives offer a more precise and sustainable solution.

Moreover, malonic acid plays a pivotal role in the development of insecticides and pesticides that protect crops from destructive pests and diseases. These derivatives can disrupt the metabolic pathways of harmful organisms, making them highly effective in pest management. Farmers worldwide are increasingly relying on these advanced agrochemicals to safeguard their yields and reduce the environmental impact associated with widespread pesticide use. The shift toward sustainable agriculture practices has led to a growing demand for soil conditioners and enhancers that can improve the quality and fertility of agricultural soils. Malonic acid and its derivatives are instrumental in this regard. They act as chelating agents, binding with essential nutrients like calcium, magnesium, and iron, and making them more available to plants. This helps optimize nutrient uptake, resulting in healthier and more productive crops.

Additionally, malonic acid aids in pH regulation, preventing soil from becoming too acidic or alkaline. Balanced soil pH is critical for nutrient availability and microbial activity in the root zone. By maintaining optimal pH levels, malonic acid derivatives contribute to soil health and long-term sustainability.

Moreover, malonic acid-based fertilizers can be tailored to release nutrients slowly over time, matching the nutrient requirements of different growth stages. This precision in nutrient management not only boosts crop yields but also reduces fertilizer runoff, mitigating environmental concerns associated with nutrient pollution of water bodies.

Rising Demand of Malonic Acid in Pharmaceutical Sector

In the ever-evolving landscape of the pharmaceutical industry, the demand for novel compounds and ingredients is on the rise. One such compound, malonic acid, has been gaining significant attention for its diverse applications in pharmaceuticals. Its unique chemical properties and versatility have positioned it as a valuable component in drug formulation, synthesis, and research. One of the primary drivers of malonic acid's demand in the pharmaceutical sector is its pivotal role in medicinal chemistry and drug synthesis. Malonic acid serves as a key building block for the synthesis of various pharmaceutical compounds, including active pharmaceutical ingredients (APIs) and intermediates. Its chemical structure, containing two carboxylic acid groups, allows for facile derivatization and modification, making it a versatile starting material for drug development. Researchers and pharmaceutical chemists employ malonic acid derivatives as precursors to synthesize a wide range of drugs, from antibiotics and antivirals to anti-inflammatory and cardiovascular medications. These derivatives serve as critical components in the construction of drug molecules, enabling the development of new therapeutic agents to combat various diseases and health conditions.

Malonic acid derivatives have found applications in drug formulation to enhance the solubility, stability, and bioavailability of pharmaceutical products. Poor solubility remains a significant challenge in drug development, as it can hinder the effective delivery of drugs to their target sites. Malonic acid-based derivatives can be employed to create prodrugs, which are inactive compounds that are metabolically converted into the active drug in the body. This approach improves the solubility of poorly soluble drugs, enabling better absorption and therapeutic effects.

Moreover, malonic acid and its derivatives play a role in controlled-release drug delivery systems. These systems are designed to release drugs gradually over an extended period, maintaining therapeutic levels in the bloodstream and reducing the frequency of dosing. By incorporating malonic acid derivatives, pharmaceutical scientists can fine-tune the release kinetics of drugs, ensuring optimal therapeutic outcomes while minimizing side effects.

Furthermore, malonic acid derivatives also find applications as excipients in pharmaceutical formulations. They can function as buffering agents, adjusting the pH of formulations to ensure compatibility with the body's physiological conditions. This pH control is vital for maintaining the stability and efficacy of drugs, particularly those administered orally or parenterally.


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Key Market Challenges

Supply Chain Disruptions and Environmental Concerns Poses a Significant Obstacle to Market Expansion

One of the most significant challenges faced by the malonic acid market in recent times is supply chain disruptions. Global events, such as the COVID-19 pandemic, have highlighted vulnerabilities in the supply chain. Interruptions in the production of key raw materials and logistical bottlenecks can cause shortages and price fluctuations in the malonic acid market. To mitigate these disruptions, diversifying supply sources and adopting resilient supply chain strategies are essential.

Moreover, environmental sustainability is increasingly important in today's markets. Malonic acid production, like many chemical processes, can have environmental impacts. Its synthesis traditionally involved hazardous chemicals. Addressing these concerns requires the adoption of greener and more sustainable production methods, such as bio-based or catalytic processes. Meeting stringent environmental regulations is crucial to ensuring the long-term viability of malonic acid production.

Competition and Pricing Pressures and Rising Raw Material Costs

The malonic acid market is competitive, with multiple suppliers vying for market share. Competition can result in pricing pressures, making it challenging for manufacturers to maintain profitability. Differentiating products through quality, reliability, and added services can help mitigate these pricing pressures. Additionally, exploring niche or specialized markets can be a strategic move to avoid direct price competition.

Moreover, the cost of raw materials used in malonic acid production can fluctuate significantly. Raw materials like acetic acid and chloroacetic acid are subject to market price variations. Manufacturers need to develop strategies to manage these cost fluctuations effectively. Long-term supply contracts or the exploration of alternative, more stable sources can help in this regard.

In addition, the chemical industry, including malonic acid production, is heavily regulated. Ensuring compliance with local and international regulations is a challenge, especially for manufacturers operating in multiple regions. Navigating complex regulatory landscapes requires dedicated resources and expertise. Staying informed about evolving regulations and proactively adapting processes and products is vital.

Key Market Trends

Demand from Agriculture and Crop Protection

In agriculture, malonic acid-based pesticides and herbicides are gaining prominence. These agrochemicals help in protecting crops by inhibiting the growth of unwanted weeds and pests. As the global population continues to grow, ensuring food security becomes paramount, and malonic acid's role in crop protection is a growing trend.

Furthermore, malonic acid derivatives are utilized in the synthesis of agrochemicals, including herbicides and pesticides. With the global demand for food rising, the need for effective crop protection solutions is also increasing. Malonic acid's role in agrochemicals is expected to expand further as new and more environmentally friendly formulations are developed. These factors are anticipated to drive the growth of the global malonic acid market during the forecast period.

Green Chemistry and Sustainable Production

Environmental sustainability is a driving force in today's chemical industry. Manufacturers are increasingly focusing on sustainable production methods for malonic acid. Traditional processes used hazardous reagents and generated substantial waste. However, green chemistry approaches, including bio-based production methods and catalytic processes, are gaining traction. These methods not only reduce the environmental impact but also enhance the marketability of malonic acid in eco-conscious industries.

Moreover, advancements in biotechnology and genetic engineering have opened new avenues for malonic acid utilization. Researchers are exploring the genetic modification of microorganisms to produce malonic acid efficiently. This bio-based approach aligns with the growing demand for sustainable and renewable chemical feedstocks. As biotechnology continues to evolve, it is likely to play a pivotal role in the malonic acid market.

Expanding Applications in Polymers and Resins

Malonic acid and its derivatives are gaining prominence in the polymer and resin industry. These compounds serve as cross-linking agents and modifiers in the production of various polymers and resins. Their use enhances the mechanical and thermal properties of polymers, making them suitable for a broader range of applications. This trend is expected to continue as industries seek advanced materials with improved performance characteristics.

Moreover, the cosmetics and personal care industry is increasingly turning to malonic acid for its beneficial properties. Malonic acid derivatives are utilized in skincare products for their ability to promote skin exfoliation, reducing the appearance of fine lines and blemishes. As consumers prioritize skincare and anti-aging solutions, the demand for malonic acid in cosmetics is likely to grow.

Segmental Insights

Application Insights

Based on the category of application insights, flavor enhancer emerged as the dominant player in the global market for malonic acid in 2022. The dominant market share of malonic acid can be ascribed to its widespread utilization as both a flavoring agent and an acidulant within the food and beverage sector. This usage pattern has led to a significant upsurge in demand, a trend anticipated to endure throughout the forecasted period. The escalating adoption of malonic acid as a flavoring agent and acidulant in the food and beverage industry has unlocked substantial growth avenues for manufacturers. Furthermore, it finds application as an acidity regulator, food preservative, and pharmaceutical excipient, along with serving as a precursor to polyesters and playing an active role in the composition of alkyd resins.

End Use Industry Insights

Based on the category of end use industry, food & beverage emerged as the dominant player in the global market for Malonic Acid in 2022. The increased demand for malonic acid can be attributed to the burgeoning production of food additives and flavoring agents, particularly malonates. These substances find widespread use in the food and beverage sector, where they serve to enhance flavors and preserve product freshness. Malonic acid holds a prestigious position as an acidulant and flavoring agent within the food processing industry. Its appeal lies in its remarkable blending capabilities and its capacity to elevate and enrich various flavors.

The food and beverage industry has experienced a notable surge in demand for its products, with a special focus on burgeoning markets in Asia and the Middle East. This upswing in domestic consumption of food and beverage items can be attributed to multiple factors. These factors include population growth, the introduction of new products to diversify offerings, and the establishment of an extensive network of retail outlets that facilitates product accessibility and distribution.

Furthermore, the escalating utilization of malonic acid derivatives within the pharmaceutical sector is anticipated to contribute significantly to market demand. In pharmaceuticals, malonic acid serves as a pivotal precursor for the synthesis of various essential drugs. These drugs encompass a range of medications, including barbiturates, vitamin B1, and non-steroidal anti-inflammatory drugs (NSAIDs).

The significance of malonic acid extends to the production of plant growth regulators, which possess the unique ability to either inhibit or stimulate plant growth. These regulators play a critical role in enhancing crop yield, improving overall crop quality, and bolstering resilience against environmental stressors. The formulation of malonic acid can further optimize the delivery of essential micronutrients such as zinc, manganese, and iron to crops, resulting in comprehensive improvements in plant growth and augmented yield. These advancements hold profound implications for the cultivation of food crops within the market, ultimately contributing to increased food production. drug release, among others. These coatings significantly contribute to the extension of the lifespan and performance of medical devices, culminating in improved patient outcomes.


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Regional Insights

North America emerged as the dominant player in the global Malonic Acid market in 2022. The presence of numerous end-use industries, encompassing sectors such as food and beverage, pharmaceuticals, agriculture, plastics, paints and coatings, and various other applications, is anticipated to act as a driving force behind the increasing demand for this product. In developed nations, the product finds extensive use across various sectors, including food and beverages, pharmaceuticals, personal care, and cosmetics. This prevalence is expected to be a driving factor for the North American market in the coming years. North America is noteworthy for its robust food and beverage and pharmaceutical industries, with key players like Abbott, Pfizer Inc., Merck Sharp & Dohme Corp., and Bristol-Myers Squibb Company operating in the region. Additionally, the thriving pharmaceutical sector in countries such as Mexico and the United States is poised to boost demand for these products.

Recent Developments

  • In May 2021, Thirumalai Chemicals USA proposes to build a plant in the United States to produce Maleic Anhydride and Food Ingredients (Malic acid, Fumaric acid).
  • In November 2022, Lygos Inc. has unveiled a collaborative research and development initiative with Ginkgo Bioworks. This partnership will amalgamate the efforts of two research and development programs over an approximate two-year period, with the aim of creating biodegradable polymer-based formulations and products.
  • In February 2019, Lygos Inc. announced a new partnership with the Center for University of Massachusetts-Industry Research on Polymers, to expand bio-malonic acid product family applications.

Key Market Players

  • Lonza Group
  • Thirumalai Chemicals Ltd.
  • Central Drug House (P) Ltd.
  • Columbus Chemical Industries, Inc.
  • Tokyo Chemical Industry Co., Ltd.
  • Trace Zero LLC
  • Merck KGaA
  • J&K Scientific Ltd.
  • Lygos Inc.
  • Hefei TNJ Chemical Industry Co., Ltd.

By Application

By End Use Industry

 By Region
  • Flavor Enhancer
  • Additive
  • pH Controller
  • Precurser
  • Others
  • Food & Beverage
  • Pharmaceutical
  • Agriculture
  • Plastics
  • Paints & Coatings
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Malonic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Malonic Acid Market, By Application:

o   Flavor Enhancer

o   Additive

o   pH Controller

o   Precurser

o   Others

  • Malonic Acid Market, By End Use Industry:

o   Food & Beverage

o   Pharmaceutical

o   Agriculture

o   Plastics

o   Paints & Coatings

o   Others

  • Malonic Acid Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Australia

§  Japan

§  South Korea

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   North America

§  United States

§  Mexico

§  Canada

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Malonic Acid Market.

Available Customizations:

Global Malonic Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Malonic Acid Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Malonic Acid Market

5.    Voice of Customer

6.    Global Malonic Acid Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Application (Flavor Enhancer, Additive, pH Controller, Precurser, Others)

6.2.2.    By End Use Industry (Food & Beverage, Pharmaceutical, Agriculture, Plastics, Paints & Coatings, Others)

6.2.3.    By Region

6.2.4.    By Company (2022)

6.3.  Market Map

7.    Asia Pacific Malonic Acid Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Application

7.2.2.    By End Use Industry

7.2.3.    By Country

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Malonic Acid Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Application

7.3.1.2.2.           By End Use Industry

7.3.2.    India Malonic Acid Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Application

7.3.2.2.2.           By End Use Industry

7.3.3.    Australia Malonic Acid Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Application

7.3.3.2.2.           By End Use Industry

7.3.4.    Japan Malonic Acid Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Application

7.3.4.2.2.           By End Use Industry

7.3.5.    South Korea Malonic Acid Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Application

7.3.5.2.2.           By End Use Industry

8.    Europe Malonic Acid Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Application

8.2.2.    By End Use Industry

8.2.3.    By Country

8.3.  Europe: Country Analysis

8.3.1.    France Malonic Acid Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Application

8.3.1.2.2.           By End Use Industry

8.3.2.    Germany Malonic Acid Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Application

8.3.2.2.2.           By End Use Industry

8.3.3.    Spain Malonic Acid Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Application

8.3.3.2.2.           By End Use Industry

8.3.4.    Italy Malonic Acid Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value & Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Application

8.3.4.2.2.           By End Use Industry

8.3.5.    United Kingdom Malonic Acid Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value & Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Application

8.3.5.2.2.           By End Use Industry

9.    North America Malonic Acid Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Application

9.2.2.    By End Use Industry

9.2.3.    By Country

9.3.  North America: Country Analysis

9.3.1.    United States Malonic Acid Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Application

9.3.1.2.2.           By End Use Industry

9.3.2.    Mexico Malonic Acid Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Application

9.3.2.2.2.           By End Use Industry

9.3.3.    Canada Malonic Acid Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Application

9.3.3.2.2.           By End Use Industry

10. South America Malonic Acid Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Application

10.2.2. By End Use Industry

10.2.3. By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Malonic Acid Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Application

10.3.1.2.2.         By End Use Industry

10.3.2. Argentina Malonic Acid Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Application

10.3.2.2.2.         By End Use Industry

10.3.3. Colombia Malonic Acid Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Application

10.3.3.2.2.         By End Use Industry

11. Middle East and Africa Malonic Acid Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value & Volume

11.2.             Market Share & Forecast

11.2.1. By Application

11.2.2. By End Use Industry

11.2.3. By Country

11.3.             MEA: Country Analysis

11.3.1. South Africa Malonic Acid Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value & Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Application

11.3.1.2.2.         By End Use Industry

11.3.2. Saudi Arabia Malonic Acid Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value & Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Application

11.3.2.2.2.         By End Use Industry

11.3.3. UAE Malonic Acid Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value & Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Application

11.3.3.2.2.         By End Use Industry

12. Market Dynamics

12.1.             Drivers

12.2.             Challenges

13. Market Trends & Developments

13.1.             Recent Developments

13.2.             Product Launches

13.3.             Mergers & Acquisitions

14. Global Malonic Acid Market: SWOT Analysis

15. Porter’s Five Forces Analysis

15.1.             Competition in the Industry

15.2.             Potential of New Entrants

15.3.             Power of Suppliers

15.4.             Power of Customers

15.5.             Threat of Substitute Product

16. Pricing Analysis

17. Competitive Landscape

17.1.             Business Overview

17.2.             Company Snapshot

17.3.             Products & Services

17.4.             Financials (In case of listed companies)

17.5.             Recent Developments

17.5.1. Lonza Group

17.5.2. Thirumalai Chemicals Ltd.

17.5.3. Central Drug House (P) Ltd.

17.5.4. Columbus Chemical Industries, Inc.

17.5.5. Tokyo Chemical Industry Co., Ltd.

17.5.6. Trace Zero LLC

17.5.7. Merck KGaA

17.5.8. J&K Scientific Ltd.

17.5.9. Lygos Inc.

17.5.10.                  Hefei TNJ Chemical Industry Co., Ltd.

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Malonic Acid Market was estimated to be USD 97.45 million in 2022.

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The food & beverage segment demonstrated significant dominance in 2022. Due to increasing utilization of malonic acid as flavoring agent.

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Europe dominated the market with a revenue share in 2022. This is due to presence of several end-use industries.

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Growing utilization in various industries, such as food and beverage, pharmaceuticals, and agriculture are the major drivers for the Global Malonic Acid Market.

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Sakshi Bajaal

Business Consultant
Press Release

Malonic Acid Market to Grow with a CAGR of 4.11% through 2028

Sep, 2023

Growing utilization in various industries, such as food and beverage, pharmaceuticals, and agriculture are factors driving the Global Malonic Acid Market in the forecast period 2024-2028.

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