The global demand for Sodium Malate Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Sodium malate is a sodium salt of malic acid, where malic acid is a tart-tasting organic dicarboxylic acid that contributes to the taste of many sour or tart food including apples. The molecular formula of Sodium malate is C4H4Na2O5. It is used in food and beverages as an acidity regulator and also used in cosmetics.
The rising demand for processed food, coupled with the rapidly growing food and beverage industry is primarily driving the market growth. Sodium malate acts as a skin conditioning agent in the form of humectant, which is again stimulating the market value. However, sodium malate is not recommended to pregnant women and children, also its excessive use may lead to an increased risk of lowering of blood pressure in patients, which is expected to hamper the market growth. Whereas, the market is also expected to gain growth over the forecast period, owing to the rising preference of sodium malate over sodium chloride by manufacturers for low-salt containing food products.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of sodium malate.
The entire sodium malate market has been sub-categorized into application, and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End-Use Industry
- Flavoring agent
- Acidity regulator
- Food & Beverages
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for sodium malate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Sodium Malate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sodium malate market include Bio-Rad Laboratories, ChemNet, Lonza, Penta Manufacturer, Qingdao Twell Sansino Import & Export Co., Sigma-Aldrich Co. LLC. and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.