Global Fumaric Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Food Grade and Technical Grade.

By Application;

Food and Beverage Processing, Rosin Paper Sizing, Unsaturated Polyster Resin, Alkyd Resin, Personal Care and Cosmetics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn119470832 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fumaric Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Fumaric Acid Market was valued at USD 756.57 million. The size of this market is expected to increase to USD 1,050.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global fumaric acid market has been experiencing significant growth due to the increasing demand for this versatile compound across various industries. Fumaric acid, a dicarboxylic acid found naturally in plants, is widely used as an acidulant in the food and beverage industry, as well as a key ingredient in the production of resins, polymers, and other industrial products. Its unique chemical properties, such as its high stability and reactivity, make it a valuable component in numerous applications.

In recent years, the market has been driven by the rising consumer preference for processed and convenience foods, which has spurred the need for effective preservatives and acidulants. Fumaric acid is favored for its ability to enhance the flavor and shelf-life of food products, leading to its widespread adoption in the food and beverage sector. Additionally, the compound’s role in the manufacturing of unsaturated polyester resins and other polymers has contributed to its growing industrial demand.

Technological advancements in the production of fumaric acid have also played a crucial role in market expansion. Innovations such as the development of more efficient and cost-effective synthesis methods, including the use of renewable resources and biotechnological processes, have increased the availability and affordability of fumaric acid. These advancements have enabled manufacturers to meet the rising demand while maintaining high quality and sustainability standards.

Despite the positive growth outlook, the global fumaric acid market faces challenges such as fluctuating raw material prices and environmental concerns associated with chemical manufacturing processes. To address these issues, key players in the market are focusing on sustainable practices and exploring alternative production methods. As the market continues to evolve, it is expected that these efforts will drive further growth and innovation in the global fumaric acid industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Fumaric Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing food industry demand
        2. Growing pharmaceutical applications
        3. Rising demand in beverages
        4. Expanding industrial use cases
      2. Restraints
        1. Volatile raw material prices
        2. Regulatory and environmental concerns
        3. High production costs
        4. Limited availability of raw materials
      3. Opportunities
        1. Emerging market expansions
        2. Innovations in production processes
        3. Sustainable product development
        4. Rising consumer health trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fumaric Acid Market, By Type, 2021 - 2031 (USD Million)
      1. Food Grade
      2. Technical Grade
    2. Global Fumaric Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverage Processing
      2. Rosin Paper Sizing
      3. Unsaturated Polyster Resin
      4. Alkyd Resin
      5. Personal Care & Cosmetics
      6. Others
    3. Global Fumaric Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DSM
      2. BASF
      3. Lonza
      4. Bartek Ingredients
      5. Thirumalai Chemicals
      6. Polynt
      7. U.S. Chemicals
      8. Muehrcke
      9. Fuso Chemical
      10. Hangzhou Keying Chemical
  7. Analyst Views
  8. Future Outlook of the Market