What is Sodium Malate?
Sodium malate is known as sodium salt. It is derived from malic acid. It is obtained by fermentation of sugars. It is available in both organic and inorganic form. It can be obtained from the fermentation of natural sugars. It is used as functional agents in number of food processing’s. It is mainly used as flavoring agent & pH regulator. It helps to increase shelf life of food. Thus, demand for sodium malate has been increased in personal care products, bakery & confectionary products.
The market study is broken down by Type (Monosodium Malate and Disodium Malate), by Application (Flavouring Agent, Acidity regulator and Others) and major geographies with country level break-up.
The market of sodium malate is expected to grow with rising demand from end use industry. Several companies are operating in the market to provide sodium malate. The market is highly fragmented with the presence of number of market players. They are taking certain strategic initiatives with new entrants to expand their existing portfolio. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merck KGaA (Germany), Parchem fine & specialty chemicals. (United States), Fuso Chemical Co., Ltd. (Japan), Haihang Industry (China), LG Chem (South Korea), Carbosynth Ltd. (China), Trademill Technologies Private Limited. (India), Zhengzhou Ruipu Biological Engineering Co. (China), Finar Chemicals (India), ChemNet (China), Muby Chemicals (India) and Avanscure Lifesciences Pvt. Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sodium Malate market by Type, Application and Region.
On the basis of geography, the market of Sodium Malate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Sodium Malate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Cosmetics & Personal Care will boost the Sodium Malate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Plants will boost the Sodium Malate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In March 2018, Fuso Chemical Co., Ltd. has obtained FSSC 22000 certification for the international food safety management system for the production of DL-Malic Acid. Company has obtained its certification at their Osaka Factory. With this certification, Company has strengthen its portfolio.
Market Trend
- Growing Preference for Low Salt Consumption leads to Demand for Sodium Malate
Market Drivers
- Rising Demand for Sodium Malate in Food & Beverages, Personnel Care and Pharmaceutical Industry
- Increasing applicability in Food Processing’s as Functional Agents like Addictive’s
Opportunities
- Rising Demand Personal Care Products
- Increasing Role of Functional Agents in Bakery & Confectionary Products has Created Growth Opportunity
Restraints
- High Production Cost of Sodium Malate may Restrains its Demand
Challenges
- Availability of Alternatives
- Side Effects Associated with Over Use in Food Processing’s
Key Target Audience
Sodium Malate Manufacturers, Sodium Malate Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.