Report Detail
Global Fumaric Acid Market Report 2018-2029
- RnM4160706 |
- 22 August, 2023 |
- Global |
- 138 Pages |
- HJResearch |
- Other
Fumaric Acid is a white crystalline compound that occurs naturally in many fruits and vegetables, including apples, mushrooms, and carrots. It is also produced synthetically for various industrial applications. Fumaric Acid is commonly used as an acidulant in the food and beverage industry to enhance the flavor and preservation of products, such as carbonated drinks, fruit juices, and confectionery items.
The global Fumaric Acid industry has been growing steadily in recent years. According to market research, the market size for Fumaric Acid is expected to reach US$510 million by 2022, with a compound annual growth rate of 6.8%. The growing demand for processed food and beverages, coupled with the increasing use of Fumaric Acid in cosmetic and pharmaceutical products, is driving the industry's growth.
The Food and Beverage sector is the largest end-user of Fumaric Acid, accounting for almost half of the total demand. There is a rising demand for processed food and beverages worldwide, and the use of Fumaric Acid in these products aids in the preservation of flavor and shelf life. Other applications of Fumaric Acid include its use as a drying agent in Rosin Paper Sizes, and as a cross-linking agent in Unsaturated Polyester Resins and Alkyd Resins.
The Asia-Pacific region is the largest market for Fumaric Acid, with China and India being the major consumers. The increase in disposable income and changing lifestyle preferences have resulted in a rise in the consumption of processed food and beverages in these regions, driving the market growth. North America and Europe also have significant shares in the Fumaric Acid market due to the high consumption of packaged food products.
The key players in the industry are Yantai Hengyuan Bioengineering, Bartek Ingredients, Polynt, Thirumalai Chemical, Isegen, Fuso Chemicals, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, NIPPON SHOKUBAI, Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, and XST Biological.
In conclusion, the Fumaric Acid industry is experiencing steady growth and is expected to continue on this upward trend due to the increasing demand for processed food and beverages, as well as the expanding use of Fumaric Acid in pharmaceutical and cosmetic products. The Asia-Pacific region is the primary market for the industry, and companies need to stay competitive by innovating their product lines and expanding their distribution channels.
The SWOT analysis of the Fumaric Acid industry is as follows:
Strengths:
1. Growing demand for natural and organic food products has increased the demand for fumaric acid as a food additive.
2. Fumaric acid is a cost-effective alternative to traditional synthetic acids, replacing malic and citric acid in many applications.
3. Fumaric acid is a safe and non-toxic substance, and the FDA has approved its use in food production.
4. Increase in urbanization and income levels has led to a rise in the consumption of processed food products, which has boosted the demand for fumaric acid.
Weaknesses:
1. Competition from substitute products such as citric acid and malic acid is high.
2. A lack of awareness about the benefits and applications of fumaric acid in emerging markets is limiting its growth potential.
3. Fumaric acid production is highly dependent on the availability of raw materials, such as maleic anhydride and butane.
Opportunities:
1. The growing demand for plant-based protein products is driving the demand for fumaric acid in the food and beverage industry.
2. Increasing adoption of fumaric acid as a feed additive to enhance animal growth and health is creating opportunities for manufacturers.
3. Technological advancements leading to an increase in the production efficiency and cost-effectiveness of fumaric acid production.
Threats:
1. Stringent government regulations and safety concerns associated with the use of fumaric acid in food and beverage production may limit its growth potential.
2. Fluctuation in the prices of raw materials and volatility in oil prices can impact the price and availability of fumaric acid.
3. The emergence of cheaper alternative products may lead to a decline in demand for fumaric acid.
Key players in global Fumaric Acid market include:
Yantai Hengyuan Bioengineering
Bartek Ingredients
Polynt
Thirumalai Chemical
Isegen
Fuso Chemicals
Jiangsu Jiecheng Bioengineering
Changzhou Yabang Chemical
NIPPON SHOKUBAI
Sealong Biotechnology
Changmao Biochemical Engineering
Suzhou Youhe Science and Technology
XST Biological
Market segmentation, by product types:
Food-Grade
Technical-Grade
Market segmentation, by applications:
Food & Beverages
Rosin Paper Sizes
Unsaturated Polyester Resin
Alkyd Resins
Others
1 Industry Overview of Fumaric Acid
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Fumaric Acid
- 1.3 Market Segmentation by End Users of Fumaric Acid
- 1.4 Market Dynamics Analysis of Fumaric Acid
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Fumaric Acid Industry
- 2.1 Yantai Hengyuan Bioengineering
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Bartek Ingredients
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Polynt
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Thirumalai Chemical
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Isegen
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Fuso Chemicals
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Jiangsu Jiecheng Bioengineering
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Changzhou Yabang Chemical
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 NIPPON SHOKUBAI
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Sealong Biotechnology
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 Changmao Biochemical Engineering
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 Suzhou Youhe Science and Technology
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 XST Biological
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Fumaric Acid Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
3 Global Fumaric Acid Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Fumaric Acid by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Fumaric Acid by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Fumaric Acid by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Fumaric Acid by End Users (2018-2023)
- 3.5 Selling Price Analysis of Fumaric Acid by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Fumaric Acid Market Analysis by Countries, Types and End Users
- 4.1 Northern America Fumaric Acid Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Fumaric Acid Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Fumaric Acid Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Fumaric Acid Market Analysis by Countries, Types and End Users
- 5.1 Europe Fumaric Acid Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Fumaric Acid Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Fumaric Acid Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Fumaric Acid Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Fumaric Acid Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Fumaric Acid Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Fumaric Acid Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Fumaric Acid Market Analysis by Countries, Types and End Users
- 7.1 Latin America Fumaric Acid Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Fumaric Acid Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Fumaric Acid Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Fumaric Acid Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Fumaric Acid Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Fumaric Acid Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Fumaric Acid Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Fumaric Acid Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Fumaric Acid Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Fumaric Acid by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Fumaric Acid by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Fumaric Acid by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Fumaric Acid by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Fumaric Acid
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Fumaric Acid
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Fumaric Acid
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Fumaric Acid
- 11.2 Downstream Major Consumers Analysis of Fumaric Acid
- 11.3 Major Suppliers of Fumaric Acid with Contact Information
- 11.4 Supply Chain Relationship Analysis of Fumaric Acid
12 Fumaric Acid New Project Investment Feasibility Analysis
- 12.1 Fumaric Acid New Project SWOT Analysis
- 12.2 Fumaric Acid New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Fumaric Acid Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Fumaric Acid. Industry analysis & Market Report on Fumaric Acid is a syndicated market report, published as Global Fumaric Acid Market Report 2018-2029. It is complete Research Study and Industry Analysis of Fumaric Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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