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

Brazil Malic Acid Market Growth

Fibromyalgia affects nearly 2% of Brazil’s population. It is a chronic disorder that leads to widespread musculoskeletal pain, apart from fatigue and cognitive difficulties. Since Brazil’s female population has surged to 50.9% from 50.1% over 50 years, there is an increasing need for medications that improve muscle performance, reduce pain, and facilitate energy production within the body. Medicines formulated with malic acid are expected to play a critical role in preventing and tackling the incidence of such diseases.

Brazil is the world’s largest orange juice producer and exports 75% of its domestic production. In 2022-23, it exported nearly 1.04 MMT of frozen concentrated orange juice. The European Union is a leading export destination for Brazil’s orange juice and accounted for nearly 70% of its exports. The overall demand for orange juice surged by 26,622 MMT in foreign countries, reaching 388.022 MMT. This can be attributed to the increased demand for NFC orange juice. From July to October 2022, orange juice exports to the United States recorded a year-on-year growth of 60%, reaching 112,432 MT. In 2021-2022, NFC exports of orange juice surged by 15% year-on-year, indicating the presence of substantial demand from the US market. Since malic acid is extensively used as an acidity regulator in orange juice production, its demand is expected to drive Brazil malic acid market expansion.

Key Trends and Developments

Brazil Malic Acid Market Trends

Malic acid is used in developing personal care products for sensitive skin, since it’s gentler than other alpha-hydroxy acids (AHA) such as glycolic acid. It maintains the pH balance of different cosmetic formulations, thereby enhancing its safety and efficacy of application. Regular use of moisturisers enriched with malic acid can significantly improve skin texture, fade discolouration, and promote cell turnover, which can prevent the appearance of wrinkles. This is expected to drive its demand over the forecast period.

Brazil Malic Acid Industry Segmentation

Brazil Malic Acid Market Share

Based on region, the market is segmented into São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul. Minas Gerais is projected to dominate the market, representing 21% of the overall market share. Over the forecast period, São Paulo is expected to grow at a CAGR of 4.7%, as the demand for malic acid enriched personal care products soars.

Leading Companies in the Brazil Malic Acid Market

Major players are capitalising on the increasing applications of malic acid, such as in the production of electronics’ cleaning products, pharmaceuticals, and skin care products. This is also driving Brazil malic acid market share.

Enologica Vason S.p.A

Enologica Vason S.p.A is a family-owned company based in Verona, Italy. Founded in 1981, it offers biotechnologies, adjuvants, clarifying agents, stabilisers, and natural preservatives. The company also collaborates with universities and research institutes to enhance its offerings.

POLYNT SPA

POLYNT SPA is a global manufacturer of speciality chemicals with its headquarters located in Scanzorosciate, I...

Merck KGaA

Merck KGaA, based in Darmstadt, Germany is a leading science and technology company founded in 1668. It operat...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*