United States Fumaric Acid Market Report by Application (Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, and Others), End Use Industry (Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, and Others), and Region 2024-2032

United States Fumaric Acid Market Report by Application (Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, and Others), End Use Industry (Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2963
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Market Overview:

The United States fumaric acid market size reached US$ 95.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 162.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.94% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 95.2 Million
Market Forecast in 2032
US$ 162.5 Million
Market Growth Rate 2024-2032 5.94%


Fumaric acid, or trans-butenedioic acid, is an organic, white crystalline compound used as a flavoring agent in various food products. It is commonly found in lichens, mosses and mushrooms and is used as a preservative, acidulant, pH adjusting agent and flavor enhancer in bakery products, confectioneries and beverages. It can also act as a substitute for tartaric acid in drinks and baking powders. In addition to this, fumaric acid also finds extensive application in the production of various pharmaceutical products, cosmetics, synthetic resins, paints and plastics.

The United States is one of the largest consumers of fumaric acid in the North American region. With the increasing sedentary lifestyles and changing dietary patterns, there is a rising demand for ready-to-eat (RTE) and convenience food products that are manufactured using fumaric acid for enhanced stability and flavor. The acid is also added to energy drinks and alcoholic beverages to provide an intense aftertaste to the product. The extensive utilization of the acid in various foods and beverages is creating a positive outlook for the market in the country. Furthermore, fumaric acid is widely used as a stabilizing agent in the manufacturing of paints, alkyd resins and unsaturated polyester resins, which, in turn, is contributing to the market growth. Other factors, including extensive research and development (R&D) activities across the country to produce bio-based fumaric acid, are driving the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States fumaric acid market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on application and end use industry.

Breakup by Application:

  • Food Additives
  • Rosin-Sized Sheathing Paper
  • Unsaturated Polyester Resins
  • Alkyd Resins
  • Others
     

Breakup by End Use Industry:

  • Food and Beverages Industry
  • Cosmetics Industry
  • Pharmaceutical Industry
  • Chemical Industry
  • Others
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Applications Covered Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, Others
End Use Industries Covered Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, Others
Regions Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the United States fumaric acid market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States fumaric acid market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States fumaric acid market and who are the key players?
  • What is the degree of competition in the industry?

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United States Fumaric Acid Market Report by Application (Food Additives, Rosin-Sized Sheathing Paper, Unsaturated Polyester Resins, Alkyd Resins, and Others), End Use Industry (Food and Beverages Industry, Cosmetics Industry, Pharmaceutical Industry, Chemical Industry, and Others), and Region 2024-2032
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