The Europe fumaric acid market is currently witnessing moderate growth. Fumaric acid is a colorless chemical compound with a fruit-like taste. It is also known as trans-butenedioic acid and is commonly used as a food acidulant and preservative. The acid is biologically sourced from lichen, moss, and mushrooms, and is also naturally synthesized by human skin when exposed to the sunlight. It is majorly used in the food and beverage industry as a flavor enhancer and pH adjusting agent in products, such as energy drinks, desserts and baked goods. In addition to this, it is also used in the manufacturing of cosmetics, pharmaceutical drugs and construction materials.
In European, countries, such as Germany, Italy, France and the United Kingdom (UK) are among the primary consumers of fumaric acid. The hectic work schedules and sedentary habits of the masses have led to the development of various lifestyle disorders. However, the growing health-consciousness, in turn, has resulted in the rising demand for nutrient-rich food, which use fumaric acid to stabilize and enhance the flavor of food and beverages. Furthermore, extensive infrastructural development in the region, such as reconstruction and remodeling activities, is favoring the market growth. Fumaric acid is widely utilized in the manufacturing of unsaturated polyester resins, alkyd resins and paints, which are further used for various construction activities. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe fumaric acid market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, application and end use industry.
Breakup End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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