Sodium malate refers to a sodium salt that is derived from malic acid. It can be obtained from the fermentation of natural sugars. It is also present naturally in unripe apples and other fruits like cranberries, cherries, plums, peaches, apricots, and others. Sodium malate finds its application as an acidity regulator, flavoring agent, and as a skin-conditioning agent in the cosmetics industry. The molecular formula of sodium malate is C4H4Na2O5.
MARKET DYNAMICS
An upsurge in demand for processed food owing to the presence of different flavor and taste drives the growth of sodium malate market. Besides this, the use of sodium malate as a substitute for sodium chloride that leads to the reduction in salt consumption also drives the market growth. However, the threat of lowering blood pressure due to excess consumption of sodium malate restricts market growth. The increase in the demand for skincare products is expected to boost the demand for sodium malate in the near future.
MARKET SCOPE
The "Global Sodium Malate Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium malate market with detailed market segmentation by product type, end use industry, application and geography. The global sodium malate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium malate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sodium malate market is segmented on the basis of product type, end use industry and application. On the basis of product type, the sodium malate market is segmented into monosodium malate and disodium malate. As per end use industry the market is bifurcated into food & beverage and personal care. On the basis of application, the sodium malate market is broken into flavoring agent, acidity regulator, humectant and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium malate market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium malate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sodium malate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sodium malate market in these regions.
MARKET PLAYERS
The reports cover key developments in the sodium malate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium malate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium malate market in the global market. Below mentioned is the list of few companies engaged in the sodium malate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium malate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Bio-Rad Laboratories Inc.
? BOC Sciences
? Carbosynth Ltd.
? ChemNet
? Fuso Chemical Co. Ltd.
? Muby Chemicals
? Penta Manufacturer Company
? Qingdao Twell Sansino Import & Export Co., Ltd
? Sigma-Aldrich Co. LLC.
? Zhengzhou Ruipu Biological Engineering Co.
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