Europe Fumaric Acid Market Size & Outlook, 2024-2030
The fumaric acid market in Europe is expected to reach a projected revenue of US$ 49.6 million by 2030. A compound annual growth rate of 3.9% is expected of Europe fumaric acid market from 2025 to 2030.
Revenue, 2024 (US$M)
$39.2
Forecast, 2030 (US$M)
$49.6
CAGR, 2025 - 2030
4%
Report Coverage
Europe
Europe fumaric acid market, 2018-2030 (US$M)
Europe fumaric acid market highlights
- The Europe fumaric acid market generated a revenue of USD 131.8 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, food & beverages was the largest revenue generating product type in 2023.
- Food & Beverages is the most lucrative product type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 131.8 million |
| Market revenue in 2030 | USD 174.2 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Food & Beverages |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.5% of the global fumaric acid market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 344.3 million by 2030.
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Fumaric Acid Market Scope
Fumaric acid market segmentation & scope
Food & Beverages
Pulp & Paper
Unsaturated Polyester Resins (UPR)
Pharmaceuticals
Feed Additives
Cosmetic Manufacturing
Other Products
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
Brazil
Argentina
South Africa
Saudi Arabia
Fumaric Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe fumaric acid market size, by country, 2018-2030 (US$M)
Europe Fumaric Acid Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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