In 2023, global sodium malate sales were approximately USD 611 million. Detailed industry analysis projects that the global sodium malate market will grow at a CAGR of 4.0%, reaching a valuation of USD 898.6 million by 2033.
Sodium malate, a sodium salt derived from malic acid, functions as a food additive by regulating acidity and enhancing flavor. Sodium hydrogen malate, also known as malic acid, is a racemic mixture of L-malic acid and D-malic acid, both of which occur naturally.
Gain Strategic Insights into Industry Trends of Sodium Malate Market Request Your Sample Report
As health consciousness rises and the demand for low-calorie beverages grows, many companies are creating innovative brands, which has boosted the use of sodium malate in soft drinks. Additionally, the market has seen increased demand for sodium malate in the cosmetics industry.
Strict government regulations on the use of sodium malate as a humectant in cosmetics are contributing to market growth. In the food industry, sodium malate is utilized as a food additive to enhance flavors and regulate pH levels, further driving the overall development of the sodium malate market from 2023 to 2033.
Key Takeaways from Market Study
- The sodium malate market is expected to record a CAGR of 4.0% over the forecast period.
- It is estimated that the sodium malate market in the Asia Pacific may remain strong during the forecast period.
- The monosodium malate segment accounted for the highest product share of the sodium malate market with a CAGR of 3.8%.
- The food and beverage segment has the highest revenue share in 2023 and is expected to rise at a CAGR of 3.9% between 2023 and 2033.
- It is expected that the market in the United States demonstrates a high level of growth by the year 2033.
Competitive Landscape:
Leading players in the market focus on a variety of market consolidation activities, including mergers, acquisitions, supply distribution partnerships, and product launches. In order to stay ahead of the curve, manufacturers must expand their market footprint and offer solutions to their customers. A variety of end users can now choose from a wide range of customized solutions offered by leading manufacturers.
Prominent players in the market are as follows
- Sigma-Aldrich Corporation
- Avantor Inc.
- Dr.Paul Lohmann Gmbh KG
- Carbosynth Ltd
- Tokyo Chemical Industry Co Ltd
- BOC Sciences
- MP Biomedicals LLC
- Muby Chemicals
- Penta Manufacturing Company
Recent Developments:
- Febreze, a brand of domestic odor eliminators made by Procter & Gamble, homes can be kept fresh with air-care products. These products contain sodium malate and sodium citrate as active components. Fabreze’s Air Effects is a distinctive air spray that eliminates odors and freshens the air with its unique scent.
- A line of lipsticks by Armani Beauty dubbed Beauty’s Lip Maestro contained diisostearyl malate, a safer alternative to sodium malate. Diisostearyl malate is a type of ester that prevents water loss and provides a smooth and creamy texture, making it an ideal ingredient for lip products.
Gain Exclusive Access to Growth Strategies in Sodium Malate Market Grab Your Essential Report
Market Segmentation by Category
By Product:
- Monosodium Malate
- Disodium Malate
By End Use:
- Cosmetic & Personal Care
- Food & Beverage
- Animal Feed
- Others
By Region:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
