Description
The global Fumaric Acid market was valued at USD 671.2 million in 2021, and it is expected to reach USD 894.7 million by 2028, growing at a CAGR of 4.9%during the forecast period of 2022-2028. The rising food processing industry, mainly in the developing world, is driving the demand for fumaric acid. The market for canned fish and seafood has noticed a steady growth over the past few years owing to consumer attention regarding the nutritional benefits of fish and seafood associated with the amenity in consumption it provides and the long shelf life it possesses.
What is Fumaric Acid?
Fumaric acid combines white or colorless crystalline chemicals with a fruit-like taste. Also known as trans-butanediol acid, it is naturally found in eukaryotes, bolete mushrooms, lichens and Iceland moss. It is also created by humans when the skin is exposed to sunlight. Like malic acid, fumaric acid helps create energy from food in the form of ATP. It is the strongest organic food acid as it has a higher relative sourness than other acidulants. Consequently, when used as a food additive, it offers long-lasting sourness and flavor and reduces the pH with minimal added sourness. Commercially available in dry powder, liquid or large pellet crystals, fumaric acid is also used in manufacturing medicines, animal feed, unsaturated polyester, cleaning agents, and printing inks.
