Challenges Facing the Fumaric Acid Market: Navigating a Complex Landscape

The fumaric acid market was estimated at USD 570 million in 2023 and is likely to grow at a CAGR of 4.24% during 2024-2030 to reach USD 765.34 million in 2030.

Fumaric acid is an organic compound that has a fruit-like taste. It is also known as trans-butene-dioic acid. Fumaric acid is used extensively for the production of beverages, bakery products, confectionery, wine, etc. It is added to the dough during the dry blending stage into the recipe preparation process. It is an antioxidant with low toxicity, and it is primarily applied as a flavor and as an active ingredient that makes the medium of the product.