- The key vendors in the global fumaric acid market 2015-2019 are Bartek, Dastech International, Fuso Chemicals, Polynt, Prinova, Thirumalai Chemicals and Xilong Chemical
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global fumaric acid market 2015-2019. There is high demand for functional foods in countries in APAC and North America due to the growing trend of healthy living and eating habits in these countries. Fumaric acid is used to enhance flavor and alter the pH of the flavor systems.The global fumaric acid market 2015-2019 is expected to grow at a CAGR of 6.66% during 2015-2019.
The growing focus of food and beverage manufacturers toward launching exotic and ethnic flavors, coupled with the extensive use of fumaric acid-based unsaturated polyester resins, is driving market growth.
“As fumaric acid esters do not degrade the texture or flavor of the health drinks or nutritional protein bars due to their high solubility and neutral taste impact, it is added to health drinks and nutritional protein bars,” says Faisal Ghaus, Vice President of Technavio Research.
“Fumaric acid is non-hygroscopic, and hence used in pre-blends. It is extensively used as a flavor blender in ethnic cuisine and is also used widely in dry mix products to prevent moisture absorption and product degradation associated with it.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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