India Malic Acid Market Size & Outlook, 2022-2030

The malic acid market in India is expected to reach a projected revenue of US$ 24.6 million by 2030. A compound annual growth rate of 6.9% is expected of India malic acid market from 2023 to 2030.
Revenue, 2022 (US$M)
$14.4
Forecast, 2030 (US$M)
$24.6
CAGR, 2023 - 2030
6.9%
Report Coverage
India

India malic acid market highlights

  • An overview of the India malic acid market trends heading towards 2030. The market in India generated a revenue of USD 14.4 million in 2022 and is expected to reach USD 24.6 million by 2030.
  • The overall growth of the India market from 2022 to 2030. The India market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • A look at the India 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.


Malic acid market data book summary

Market revenue in 2022USD 14.4 million
Market revenue in 2030USD 24.6 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentL-malic acid
Fastest growing segmentDL-Malic Acid
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationL-Malic Acid, D-Malic Acid, DL-Malic Acid
Key market players worldwidePerfect 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, India accounted for 6.7% of the global malic acid market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China malic acid market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 24.6 million by 2030.

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Malic Acid Market Companies

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India 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 52.78% in 2022. Horizon Databook has segmented the India 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.


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Horizon Databook provides a detailed overview of country-level data and insights on the India malic acid market , including forecasts for subscribers. This country databook contains high-level insights into India malic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India malic acid market size, by product, 2018-2030 (US$M)

India Malic Acid Market Outlook Share, 2022 & 2030 (US$M)

India malic acid market size, by product, 2018-2030 (US$M)

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