Topic: fumaric acid market

The latest report by IMARC Group, titled “Fumaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global fumaric acid market size reached US$ 740.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 980.4 Million by 2028, exhibiting a growth rate (CAGR) of 4.71% during 2023-2028. Fumaric acid refers to an organic and white crystalline compound that is used as a flavoring agent in several food products. It is usually...

Market Overview: The global Fumaric Acid market is projected to experience a growth rate of 5.1%, increasing from USD 669.0 million in 2019 to USD 974.4 million in 2027. The market for fumaric acid is expanding due to the growing concern for a healthier lifestyle and the improved living standards in developing nations. The high adoption of convenience foods and ready-to-drink beverages is boosting market demand. Furthermore, the increasing demand for health and sports drinks will also impact ...