Fumeric acid is a chemical compound that occurs in a wide range of nature and has a fruity taste.  Fumeric acid and its salts are also known as fumarates or fumarate esters. The name "fumarate" may also refer to a C2 compound. Fumeric acid is used in baking and desserts. This acid is highly acidic and will give desserts a more intense aftertaste. It is used in puddings, gelatin desserts, condensed milk products, and pie filling. It can be used in place of citric acid. Despite the sourness it adds, fumaric acid is still considered safe by the Food and Drug Administration.

Market Dynamics:

Growing application in food and beverage industry is primarily fueling growth of the fumeric acid market. Increasing demand from pharmaceutical industry where it is used in as a food additive is again fostering market growth. Additionally, growing automobile production where it is used in the fabrication of body panel for heavy and light duty vehicle is further anticipated to augment the market growth.

On the other, health hazards associated with fumeric acid is projected to hinder the market growth.

Key features of the study:

• This report provides in-depth analysis of the global fumeric acid market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global fumeric acid market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Anmol Chemicals, Bartek Ingredients Inc., Changmao Biochemm, ESIM Chemicals, Fuso Chemical Co. Ltd, Merck KGaA, Polynt, Thirumalai Chemicals Ltd, UPC Group, Yongsan Chemicals Inc., and XST Biological Co. Ltd
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global fumeric acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fumeric acid market

Detailed Segmentation:

• Global Fumaric Acid Market, By Type:
• • Food Grade
  • Technical Grade
• Global Fumaric Acid Market, By Application:
• • Food & beverage Processing
  • Rosin Paper Sizing
  • Unsaturated Polyester Resin
  • Alkyd Resin
  • Personal Care & Cosmetics
  • Other Applications
• Global Fumaric Acid Market, By End-User Industry:
• • Food and Beverage
  • Cosmetics
  • Pharmaceutical
  • Chemical
  • Other End-user Industries
• Global Fumaric Acid Market, By Geography:
• • Asia-Pacific
  • North America
  • Europe
  • South America
  • Middle-East and Africa