Stratview Research has published a report on the Fumaric Acid Market Segmented by Product Type (Food Grade, Technical Grade), by Application Type (Food and Beverage Processing, Rosin Paper Sizing, Unsaturated Polyester Resin, Alkyd Resin, Personal Care & Cosmetics, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
According to the presented report, the fumaric acid market is likely to witness a healthy CAGR of 4% during the forecast period. The constantly growing applications of fumaric acid in the food and beverage industry, the rising standard of living of people, and economic development, especially in countries such as India and China are likely to contribute towards the market growth over the forecast period.
Fumaric acid is an organic compound which has fruit-like taste. Fumaric acid is extensively used as a food additive. It is also known as trans-butenedioic acid.
Market Segments' Analysis
The market researchers have studied the Fumaric Acid Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
Based on the application type, the market is segmented as food and beverage processing, rosin paper sizing, unsaturated polyester resin, alkyd resin, personal care & cosmetics, and others. The food and beverage processing segment is likely to dominate the market, as fumaric acid is the majorly used food additive for keeping processed food stable. Also, this additive decreases the pH value with minimum additional sourness.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for fumaric acid market during the forecast period, driven by China. Also, high demand for packed foods, increasing per-capita income, and growing population to also contribute towards the region’s growth over the next five years.
What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
Key Players
Anmol Chemicals
Bartek Ingredients Inc.
ESIM Chemicals
FUSO CHEMICAL CO. LTD
Merck KGaA
Polynt
Shanghai Changmao Biochemical Engineering Co., Ltd..
Thirumalai Chemicals Ltd,
UPC Group
Yongsan Chemicals Inc.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
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