Exfoliants Is Fastest Growing Segment Fueling The Growth Of Global Fumaric Acid Market
Fumaric Acid Market The global Fumaric Acid Market is estimated to be valued at US$ 278.65 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Fumaric acid is an white crystalline unsaturated dicarboxylic acid. It has great chemical and physical properties such as low toxicity and corrosion resistance. Due to these properties it is majorly used as an acidulant and food additive in various food products and beverages. Market key trends: The major key trend driving the growth of global fumaric acid market is its increasing demand from food and beverage industry as an acidulant and flavoring agent. Fumaric acid helps improve the taste and shelf life of various food and beverages. Additionally, the skin care industry is increasingly adopting fumaric acid based exfoliants owing to its efficacy and minimal side effects. Fumaric acid exfoliants help remove de...