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Sodium Malate Market Trends

Report ID: GMI6099
Published Date: Jun 2023
Report Format: PDF

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Sodium Malate Market Trends

Leading players have shifted away from synthetic additives and are increasingly utilizing sodium malate as an additive & preservative in various food and beverage products. The expanding food processing industry that employs sodium malate as an acidulant, flavor enhancer, and buffering agent in several products is driving market growth. The growing intake of ready-to-eat foods, beverages, and snacks will also stimulate the sodium malate demand. The flourishing consumer demand for organic personal care products will also hammer the integration of sodium malate into formulations. These factors are said to foster the sodium malate market outlook.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

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.

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.

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.

Some of the major sodium malate industry participants include Amway Corporation, Herbalife International of America, Inc., Kraft Heinz, Kellogg