Malic Acid Market Size To Hit USD 257.7 Million By 2025 : Grand View Research Inc.
San Francisco, 12 December 2019: The Report Malic Acid Market Size, Share & Trends Analysis Report By End Use (Beverages, Confectionery & Food, Personal Care & Cosmetics), By Region, And Segment Forecasts, 2019 – 2025 The global malic acid market size is expected to reach USD 257.7 million by 2025, according to a new report by Grand View Research, Inc., registering a 5.0% CAGR during the forecast period. Developing global food and beverage industry, growing demand for bakery and confectionery products, and shift in consumer and product trends in the personal care industry are factors estimated to drive the market during the forecast period. The average prices of malic acid have been stable over the last few years owing to steady supply and demand regime and this trend is expected to continue through 2025. Furthermore, developing food and beverage processing industries, particularly in emerging countries like China, India, Brazil, and Thailand, is expected to