Middle East & Africa Malic Acid Market Size & Outlook
Middle East & Africa malic acid market, 2018-2030 (US$M)
Related Markets
MEA malic acid market highlights
- An overview of the MEA malic acid market trends heading towards 2030. The MEA market generated a revenue of USD 15.9 million in 2022.
- The overall growth of the MEA market from 2022 to 2030. The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- A look at the MEA 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 MEA market per country. Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 15.9 million |
| Market revenue in 2030 | USD 21.7 million |
| Growth rate | 4% (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, MEA region accounted for 7.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Malic Acid Market Scope
Malic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 53.46% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
The South Africa region is one of the prominent cattle feed producers globally. Malic acid is used in cattle feed a to increase the milk production capacity in the animal. There is a growing demand for animal feed particularly in Libya, Morocco, Egypt, Tunisia, and Algeria countries.
High demand for malic acid in the cosmetic industry in countries including the U.A.E., Kuwait, and Saudi Arabia on account of its various properties such as skin-rejuvenation, pH regulation, and anti-acne effects are proposed to stimulate its industry penetration.
A young and dynamic population along with high purchasing power is expected to contribute to the market growth over the forecast period. Additionally, the food & beverage sector in the Middle East region has been ripe with several growth opportunities for international investors.
Reasons to subscribe to Middle East & Africa malic acid market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa malic acid market databook
-
Our clientele includes a mix of malic acid market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa malic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa malic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA malic acid market size, by country, 2018-2030 (US$M)
Middle East & Africa Malic Acid Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
