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Global Malic Acid Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

The global malic acid market attained a value of USD 224.50 million in 2023, driven by the rising demand from the developing regions. Aided by the increasing demand from the food and beverage sector, the market is expected to witness a further growth in the forecast period of 2024-2032, expanding at a CAGR of 5.4%. The market is projected to reach USD 359.13 million by 2032.

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