Europe Malic Acid Market Size & Outlook, 2022-2030
Europe malic acid market, 2018-2030 (US$M)
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Europe malic acid market highlights
- An overview of the Europe malic acid market trends heading towards 2030. The Europe market generated a revenue of USD 40.5 million in 2022.
- The overall growth of the Europe market from 2022 to 2030. The market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- A look at the Europe market revenues per segment in 2022. In terms of segment, l-malic acid was the largest revenue generating product in 2022.
- The segment witnessing the fastest revenue growth within the market. DL-Malic Acid is the most lucrative product segment registering the fastest growth during the forecast period.
- An overview of Europe market per country. Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 40.5 million |
| Market revenue in 2030 | USD 53.5 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | L-malic acid |
| Fastest growing segment | DL-Malic Acid |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | L-Malic Acid, D-Malic Acid, DL-Malic Acid |
| Key market players worldwide | Perfect Moment Ltd, Lonza Group Ltd, Thirumalai Chemicals, Bartek Ingredients, Fuso Chemical, Isegen South Africa, Anhui Anke Biotechnology (Group), Puyang Yongan Chemical Co., Prinova Group, Nacalai Tesque, Guangzhou Jointas Chemical |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.7% of the global malic acid market in 2022.
- 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 147.4 million by 2030.
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Malic Acid Market Scope
Malic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe malic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to malic acid market will help companies and investors design strategic landscapes.
L-malic acid was the largest segment with a revenue share of 53.33% in 2022. Horizon Databook has segmented the Europe malic acid market based on l-malic acid, d-malic acid, dl-malic acid covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is run by major industrial economies, such as the UK, Germany, France, Italy, Spain, Russia, and others with an increasing number of manufacturers and various market suppliers of cosmetics and pharmaceutical products penetrating the regional ecosystem.
The presence of major cosmetic manufacturing units drives the demand for malic acid in the European region. Malic acid is used in manufacturing cosmetic products such as anti-aging creams, body moisturizers, face creams, hair treatment products, and nail creams, among others.
There are 5900 Small and Medium Enterprises (SMEs) player present in the market & are continuously involved in launching new and innovative cosmetics products to cater the growing demand of the consumer. Changing consumer lifestyles and increased awareness of self-care products have increased the demand for cosmetic products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe malic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Europe malic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe malic acid market size, by country, 2018-2030 (US$M)
Europe Malic Acid Market Outlook Share, 2022 & 2030 (US$M)
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