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Allied Market Research

Sodium Malate Market Type (Monosodium Malate, Disodium Malate) Application (Flavoring agent, Acidity regulator, Humectant) Industry Vertical (Beauty & Personal Care, Food & Beverage, Pharmaceutical, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08392
Pages: NA
Feb 2021 | 110 Views
 
Author(s) : Jatendu Samal
Tables: NA
Charts: NA
 

COVID-19

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The rapid growth and development in all the industries have led to the demand for more chemical compounds which is making the chemical industry to rise. Sodium Malate is sodium salt of malic acid and malic acid is obtained from the fermentation process of natural sugars. Sodium malate is also found naturally in fruits such as unripe apples, apricots, tomatoes, peaches, pears, cherries, cranberries, plums, and other fruits. It is used as a flavoring agent & pH regulator by the processed food industry which also increases the shelf life of food and used by the beauty & personal industry as an active ingredient in skin lotions and conditioners. Research and development is being carried out by the market leaders to find new uses of sodium malate.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

   Forecast period

  2021–2027

  Forecast units

 Value ($US)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

ChemNet, Penta Manufacturer, Bio-Rad Laboratories, Lonza, Qingdao Twell Sansino Import & Export Co., Sigma-Aldrich Co. LLC., Muby Chemicals, Tokyo Chemical Industry, MP Biomedicals, Shanxi Leda Biochemical, FUSO, Great Wall Biochemical and Xi'an Jiaboying Biotechnology.

 

COVID-19 ScenarioAnalysis:

  • The impact of COVID-19 is minimum in the food & beverage industry which has maintained the demand for sodium malate in the market.
  • The chemical ingredient manufacturers are facing problems such as the unavailability of raw materials and labors for production.
  • The market is expected to experience growth after the lockdown opens due to rise in demand from the food & beverage industry and the pharma industry.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The most important factor that boosts the demand for sodium malate is the use of sodium malate by the food industry in processed food to increase the shelf life of food, regulate pH, use as a flavoring agent, and other uses. In addition, sodium malate is used in most of the confectionery shops as a buffering agent and flavor enhancer, the use of sodium malate as a substitute for sodium chloride for processing low-salt food products and use for skincare by cosmetic items are the driving factors of the growth of the global sodium malate market. However, sodium malate lack in enzyme to metabolize its compounds and is not recommended for children, pregnant and lactic women. Major research in the field is related to the extended use of sodium malate in the pharma industry.

The global Sodium Malate Market trends are as follows:

Surge in usage in Cosmetic and pharma industry

There has been a surge in demand for sodium malate by the cosmetic and beauty care industry in the last couple of years. Sodium Malate is used as a pH regulating agent in cosmetics manufacturing as the pH level of cosmetic impacts the texture of the cosmetic and its overall appearance after applying it. Also, the consumer's demand for high pH cosmetics has increased as they are don’t cause skin problems. In addition, sodium malate is used as in skin care products as a conditioning and anti-aging agent has boosted up the demand for sodium sulfate.

Growth in uses by European and North American countries

The European countries are the largest consumers of sodium malate due to extensive use in the processed food industry and Europe has the highest growing market for confectionery and processed food products. North America has shown a trend in using sodium malate in cooking oils and so as some other countries across the globe. The Asia-Pacific market is growing significantly as there has been a rise in the disposable income of people and the demand for cosmetic products has increased.

Key Segments Covered:

Segments

Sub-segments

Type

  • Monosodium Malate
  • Disodium Malate

Application

  • Flavoring agent
  • Acidity regulator
  • Humectant

Industry Vertical

  • Beauty & Personal Care
  • Food & Beverage
  • Pharmaceutical
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global sodium malate industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global sodium malatemarket share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global sodium malatemarket growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global sodium malatemarket analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Sodium Malate MarketResearch Report:

  • What are the leading market players active in the sodium malatemarket?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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