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are some of the major industry participants. These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, they are heavily investing in research & development that will allow them to introduce advanced products and gain the maximum market revenue.
Pharmaceutical-grade sodium malate industry revenue was worth USD 260 million in 2022 and is set to gain prominence from 2023-2032 owing to increasing usage in the preparation and development of pharmaceutical products.
The market size of sodium malate reached USD 610 million in 2022 and is expected to register 4% CAGR during 2023 to 2032 driven by the increasing demand for processed and packaged food items with organic and clean ingredients.
Some of the major sodium malate industry participants include Amway Corporation, Herbalife International of America, Inc., Kraft Heinz, Kellogg
U.S. sodium malate business crossed a valuation of USD 200 million in 2022 and is poised to grow at steady pace till 2032 due to the large consumption of processed food items and carbonated beverages in the country.