Product Code: OMR2023494
Fumaric Acid Market Size, Share & Trends Analysis Report by Type (Food Grade and Technical Grade), and by Applications (Food & Beverage Additives, Personal Care & Cosmetics, Rosin Paper Sizing, Unsaturated Polyester Resin, Alkyd Resin, and Others), Forecast Period (2025-2035)
Industry Overview
Fumaric acid market was valued at $581.3 million in 2024 and is projected to reach $939.3 million by 2035, growing at a CAGR of 4.5% during the forecast period (2025-2035). The global fumaric acid market is experiencing notable expansion as industries recognize its diverse functional benefits. Its role as a cost-effective acidulant and stabilizer has encouraged adoption across multiple applications. Increasing demand from food processing, industrial resins, and personal care formulations continues to create growth opportunities. The compound's compatibility with evolving manufacturing requirements strengthens its market presence. Rising investments in advanced chemical solutions further accelerate their utilization across regions.
Market Dynamics
Rising Demand in Food and Beverage Applications
The Fumaric Acid Market is witnessing steady growth as food and beverage manufacturers adopt it as an acidulant and preservative to improve taste and extend shelf life. Its role in enhancing flavor and stability is driving its use in bakery, confectionery, and beverage segments. Increasing consumer preference for packaged food further supports this trend. Companies such as Fuso Chemical Co., Ltd. are actively supplying fumaric acid to meet the rising demand in this sector. The versatility of fumaric acid positions it as a preferred choice for food-grade applications. This expansion highlights its importance as a cost-effective and multifunctional additive.
Expanding Use in Unsaturated Polyester Resin Production
Another key trend shaping the market is the increasing utilization of fumaric acid in the production of unsaturated polyester resins (UPR), which are widely used in automotive, construction, and marine industries. Its chemical properties improve product strength and durability, supporting industrial applications. With rising infrastructure investments, demand for UPR continues to expand globally. Polynt-Reichhold Group has strengthened its portfolio by offering fumaric acid for resin manufacturing, aligning with this industrial shift. The adoption of eco-friendly and durable resin solutions further enhances market growth.
Market Segmentation
-  Based on the type, the market is segmented into food-grade and technical-grade.
-  Based on the applications, the market is segmented into food & beverage additives, personal care & cosmetics, rosin paper sizing, unsaturated polyester resin, alkyd resin, and others.
Food Grade Segment to Lead the Market with the Largest Share
The demand for food-grade fumaric acid is steadily increasing, supported by its role in improving flavor stability and shelf life. It is widely used in the bakery, confectionery, and packaged goods to maintain product quality. With rising consumer preference for convenient and ready-to-eat items, the adoption of fumaric acid in this segment is expanding. Thirumalai Chemicals Ltd. has strengthened its presence by supplying high-quality food-grade fumaric acid to global processors. This trend highlights the compound's importance in ensuring safety and consistency in food applications.
Food & Beverage Additives: A Key Segment in Market Growth
Growth in the fumaric acid market is strongly influenced by its application as a food and beverage additive. It is commonly employed as an acidulant in soft drinks and fruit-flavored beverages, enhancing both taste and stability. The rising consumption of functional and flavored drinks globally continues to drive this demand. Bartek Ingredients Inc. actively caters to beverage producers with fumaric acid solutions that align with modern formulation needs. Its ability to improve product performance while reducing costs is a key factor in adoption.
Regional Outlook
The global fumaric acid market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Increasing Demand for Food Safety Standards in Europe
The fumaric acid market in Europe is advancing as regional industries emphasize sustainable materials and food safety standards. Its increasing use in bakery, beverages, and resin production reflects the region's diversified demand base. Strong regulatory frameworks have further encouraged adoption in food processing and specialty chemicals. BASF SE, headquartered in Germany, continues to play an active role in delivering fumaric acid for industrial and consumer applications. This presence strengthens supply chains and supports local manufacturing.
Asia-Pacific Region Dominates the Market with a Major Share
In the Asia-Pacific, the fumaric acid market is expanding rapidly, driven by rising demand from the food, beverage, and construction sectors. Rapid urbanization and evolving consumer lifestyles have amplified the need for processed food products and durable industrial resins. The region benefits from cost-efficient manufacturing and abundant raw material availability. Nippon Shokubai Co., Ltd. in Japan actively supports this growth with its fumaric acid offerings for both food and chemical applications. Increasing exports from the Asia-Pacific further highlight its growing role in the global supply chain.
Market Players Outlook
The major companies operating in the global fumaric acid market include Bartek Ingredients Inc., Fuso Chemical Co., Ltd., Nippon Shokubai Co., Ltd., Polynt S.p.A., Thirumalai Chemicals Ltd., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
-  In September 2024, Bartek Ingredients started delivering from the global largest malic and fumaric acid facility, dramatically expanding global supply. Bartek is recognized globally for malic and fumaric acid solutions-including new technologies for food modification.
-  In January 2024, Thirumalai Chemicals expanded its fumaric acid operations to boost revenue and supply in early 2024, focusing on food and polymer applications. The company is one of Asia's largest manufacturers and continues to grow its export capacity.
The Report Covers:
-  Market value data analysis of 2024 and forecast to 2035.
-  Annualized market revenues ($ million) for each market segment.
-  Country-wise analysis of major geographical regions.
-  Key companies operating in the global fumaric acid market. Based on the availability of data, information related to new products and relevant news is also available in the report.
-  Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
-  Analysis of market-entry and market expansion strategies.
-  Competitive strategies by identifying 'who-stands-where' in the market.
Table of Contents
1. Report Summary
-  Current Industry Analysis and Growth Potential Outlook
-  Global Fumaric Acid Market Sales Analysis - Type | Application | ($ Million)
-  Fumaric Acid Market Sales Performance of Top Countries
- 1.1. Research Methodology
-  Primary Research Approach
-  Secondary Research Approach
- 1.2. Market Snapshot
2. Market Overview and Insights
- 2.1. Scope of the Study
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Fumaric Acid Market Trends
- 2.2.2. Market Recommendations
 
- 2.3. Porter's Five Forces Analysis for the Fumaric Acid Market
- 2.3.1. Competitive Rivalry
- 2.3.2. Threat of New Entrants
- 2.3.3. Bargaining Power of Suppliers
- 2.3.4. Bargaining Power of Buyers
- 2.3.5. Threat of Substitutes
 
3. Market Determinants
- 3.1. Market Drivers
- 3.1.1. Drivers For Global Fumaric Acid Market: Impact Analysis
 
- 3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Fumaric Acid Market: Impact Analysis
 
- 3.3. Market Opportunities
4. Competitive Landscape
- 4.1. Competitive Dashboard - Fumaric Acid Market Revenue and Share by Manufacturers
-  Fumaric Acid Product Comparison Analysis
-  Top Market Player Ranking Matrix
- 4.2. Key Company Analysis
- 4.2.1. Bartek Ingredients Inc.
- 4.2.1.1. Overview
- 4.2.1.2. Product Portfolio
- 4.2.1.3. Financial Analysis (Subject to Data Availability)
- 4.2.1.4. SWOT Analysis
- 4.2.1.5. Business Strategy
 
- 4.2.2. Fuso Chemical Co., Ltd.
- 4.2.2.1. Overview
- 4.2.2.2. Product Portfolio
- 4.2.2.3. Financial Analysis (Subject to Data Availability)
- 4.2.2.4. SWOT Analysis
- 4.2.2.5. Business Strategy
 
- 4.2.3. Nippon Shokubai Co., Ltd.
- 4.2.3.1. Overview
- 4.2.3.2. Product Portfolio
- 4.2.3.3. Financial Analysis (Subject to Data Availability)
- 4.2.3.4. SWOT Analysis
- 4.2.3.5. Business Strategy
 
- 4.2.4. Polynt S.p.A.
- 4.2.4.1. Overview
- 4.2.4.2. Product Portfolio
- 4.2.4.3. Financial Analysis (Subject to Data Availability)
- 4.2.4.4. SWOT Analysis
- 4.2.4.5. Business Strategy
 
- 4.2.5. Thirumalai Chemicals Ltd.
- 4.2.5.1. Overview
- 4.2.5.2. Product Portfolio
- 4.2.5.3. Financial Analysis (Subject to Data Availability)
- 4.2.5.4. SWOT Analysis
- 4.2.5.5. Business Strategy
 
 
- 4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration
 
5. Global Fumaric Acid Market Sales Analysis by Type ($ Million)
- 5.1. Food Grade
- 5.2. Technical Grade
6. Global Fumaric Acid Market Sales Analysis by Application ($ Million)
- 6.1. Food & Beverage Additives
- 6.2. Personal Care & Cosmetics
- 6.3. Rosin Paper Sizing
- 6.4. Unsaturated Polyester Resin
- 6.5. Alkyd Resin
- 6.6. Others
7. Regional Analysis
- 7.1. North American Fumaric Acid Market Sales Analysis - Type| Application | Country ($ Million)
-  Macroeconomic Factors for North America
- 7.1.1. United States
- 7.1.2. Canada
 
- 7.2. European Fumaric Acid Market Sales Analysis - Type| Application | Country ($ Million)
-  Macroeconomic Factors for Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. Italy
- 7.2.4. Spain
- 7.2.5. France
- 7.2.6. Russia
- 7.2.7. Rest of Europe
 
- 7.3. Asia-Pacific Fumaric Acid Market Sales Analysis - Type| Application | Country ($ Million)
-  Macroeconomic Factors for Asia-Pacific
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. South Korea
- 7.3.4. India
- 7.3.5. Australia & New Zealand
- 7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 7.3.7. Rest of Asia-Pacific
 
- 7.4. Rest of the World Fumaric Acid Market Sales Analysis - Type| Application | Country ($ Million)
-  Macroeconomic Factors for Rest of the World
- 7.4.1. Latin America
- 7.4.2. Middle East and Africa
 
8. Company Profiles
- 8.1. Anhui Sealong Biotechnology Co., Ltd.
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
 
- 8.2. Anmol Chemicals Pvt. Ltd.
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
 
- 8.3. Bartek Ingredients Inc.
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
 
- 8.4. Changmao Biochemical Engineering Co., Ltd.
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
 
- 8.5. Changzhou Yabang Chemical Co., Ltd.
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
 
- 8.6. China BBCA Group
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
 
- 8.7. China Blue Star Harbin Petrochemical Co., Ltd.
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
 
- 8.8. Fuso Chemical Co., Ltd.
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
 
- 8.9. Isegen South Africa (Pty) Ltd.
- 8.9.1. Quick Facts
- 8.9.2. Company Overview
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategies
 
- 8.10. Jiangsu Jiecheng Bioengineering Co., Ltd.
- 8.10.1. Quick Facts
- 8.10.2. Company Overview
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategies
 
- 8.11. Jiangsu Suhua Group
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
 
- 8.12. Jiaoda Rising Weinan Chemical Co., Ltd.
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
 
- 8.13. Nippon Shokubai Co., Ltd.
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
 
- 8.14. Polynt S.p.A.
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
 
- 8.15. Sealong Biotechnology Co., Ltd.
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
 
- 8.16. Suzhou Youhe Science and Technology Co., Ltd.
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
 
- 8.17. Thirumalai Chemicals Ltd.
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
 
- 8.18. XST Biological Co., Ltd.
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
 
- 8.19. Yantai Hengyuan Bioengineering Co., Ltd.
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
 
- 8.20. Zhejiang Dongda Biological Technology Co., Ltd.
- 8.20.1. Quick Facts
- 8.20.2. Company Overview
- 8.20.3. Product Portfolio
- 8.20.4. Business Strategies