Fumaric Acid Market To Be Worth $764.8 Million By 2020 | Key Industry Players Prinova LLC, Bartek Ingredients, Polynt S.P.A
San Francisco, 16 October 2018 - Global Fumaric Acid Market is expected to reach USD 764.8 million by 2020, according to a new study by Grand View Research, Inc,. Increasing convenience food demand coupled with growing middle class per capita disposable income in Asia Pacific and Latin America is expected to drive the global fumaric acid market over the forecast period. Introduction of ethnic and exotic flavors by food & beverages manufacturers is also expected to prompt demand growth. Stringent environmental regulations in order to reduce green house gases (GNG) emission is expected to remain a key challenge for market participants. Global fumaric acid market volume by application, 2012 - 2020 (Kilo Tons) Food & beverages was the leading application segment and accounted for 34.3% of the total market volume in 2013. Fumaric acid is used as an acidulant in food & beverages owing to its properties such as micro-organisms growth controller, pH modifi...