Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 90 Pages
Report ld: 4205544
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Mandelic Acid Market Size(US$)

CAGR 2025-2031
6%
Market Size,2031
USD 78.9
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Mandelic Acid was valued at US$ 52.9 million in the year 2024 and is projected to reach a revised size of US$ 78.9 million by 2031, growing at a CAGR of 6.0% during the forecast period.
The whole mandelic acid industry is small presently with only a few manufacturers. BASF and Jiangxi Keyuan Biopharm are the major suppliers in the industry. The two suppliers own about 50% sales share totally in the world.
According to its properties, mandelic acid can be divided into DL, D and L types. Each of them has own major applications, such as DL type can produce drugs, cosmetic products and dyes while D and L types are used in drug synthesis.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Mandelic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mandelic Acid.
The Mandelic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Mandelic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Mandelic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Mandelic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Mandelic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Mandelic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Mandelic Acid Market Overview
1.1 Product Definition
1.2 Mandelic Acid by Type
1.2.1 Global Mandelic Acid Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 DL Type
1.2.3 L Type
1.2.4 D Type
1.3 Mandelic Acid by Application
1.3.1 Global Mandelic Acid Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Pharmaceuticals
1.3.3 Cosmetics
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Mandelic Acid Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Mandelic Acid Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Mandelic Acid Production Estimates and Forecasts (2020-2031)
1.4.4 Global Mandelic Acid Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Mandelic Acid Production Market Share by Manufacturers (2020-2025)
2.2 Global Mandelic Acid Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Mandelic Acid, Industry Ranking, 2023 VS 2024
2.4 Global Mandelic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Mandelic Acid Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Mandelic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Mandelic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Mandelic Acid, Date of Enter into This Industry
2.9 Mandelic Acid Market Competitive Situation and Trends
2.9.1 Mandelic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Mandelic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Mandelic Acid Production by Region
3.1 Global Mandelic Acid Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Mandelic Acid Production Value by Region (2020-2031)
3.2.1 Global Mandelic Acid Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Mandelic Acid by Region (2026-2031)
3.3 Global Mandelic Acid Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Mandelic Acid Production Volume by Region (2020-2031)
3.4.1 Global Mandelic Acid Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Mandelic Acid by Region (2026-2031)
3.5 Global Mandelic Acid Market Price Analysis by Region (2020-2025)
3.6 Global Mandelic Acid Production and Value, Year-over-Year Growth
3.6.1 Europe Mandelic Acid Production Value Estimates and Forecasts (2020-2031)
3.6.2 China Mandelic Acid Production Value Estimates and Forecasts (2020-2031)
4 Mandelic Acid Consumption by Region
4.1 Global Mandelic Acid Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Mandelic Acid Consumption by Region (2020-2031)
4.2.1 Global Mandelic Acid Consumption by Region (2020-2025)
4.2.2 Global Mandelic Acid Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Mandelic Acid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Mandelic Acid Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Mandelic Acid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Mandelic Acid Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Mandelic Acid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Mandelic Acid Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Mandelic Acid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Mandelic Acid Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Mandelic Acid Production by Type (2020-2031)
5.1.1 Global Mandelic Acid Production by Type (2020-2025)
5.1.2 Global Mandelic Acid Production by Type (2026-2031)
5.1.3 Global Mandelic Acid Production Market Share by Type (2020-2031)
5.2 Global Mandelic Acid Production Value by Type (2020-2031)
5.2.1 Global Mandelic Acid Production Value by Type (2020-2025)
5.2.2 Global Mandelic Acid Production Value by Type (2026-2031)
5.2.3 Global Mandelic Acid Production Value Market Share by Type (2020-2031)
5.3 Global Mandelic Acid Price by Type (2020-2031)
6 Segment by Application
6.1 Global Mandelic Acid Production by Application (2020-2031)
6.1.1 Global Mandelic Acid Production by Application (2020-2025)
6.1.2 Global Mandelic Acid Production by Application (2026-2031)
6.1.3 Global Mandelic Acid Production Market Share by Application (2020-2031)
6.2 Global Mandelic Acid Production Value by Application (2020-2031)
6.2.1 Global Mandelic Acid Production Value by Application (2020-2025)
6.2.2 Global Mandelic Acid Production Value by Application (2026-2031)
6.2.3 Global Mandelic Acid Production Value Market Share by Application (2020-2031)
6.3 Global Mandelic Acid Price by Application (2020-2031)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Mandelic Acid Company Information
7.1.2 BASF Mandelic Acid Product Portfolio
7.1.3 BASF Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 Jiangxi Keyuan Biopharm
7.2.1 Jiangxi Keyuan Biopharm Mandelic Acid Company Information
7.2.2 Jiangxi Keyuan Biopharm Mandelic Acid Product Portfolio
7.2.3 Jiangxi Keyuan Biopharm Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Jiangxi Keyuan Biopharm Main Business and Markets Served
7.2.5 Jiangxi Keyuan Biopharm Recent Developments/Updates
7.3 RL Chemical
7.3.1 RL Chemical Mandelic Acid Company Information
7.3.2 RL Chemical Mandelic Acid Product Portfolio
7.3.3 RL Chemical Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.3.4 RL Chemical Main Business and Markets Served
7.3.5 RL Chemical Recent Developments/Updates
7.4 Shijiazhuang Hanhong Chemical
7.4.1 Shijiazhuang Hanhong Chemical Mandelic Acid Company Information
7.4.2 Shijiazhuang Hanhong Chemical Mandelic Acid Product Portfolio
7.4.3 Shijiazhuang Hanhong Chemical Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Shijiazhuang Hanhong Chemical Main Business and Markets Served
7.4.5 Shijiazhuang Hanhong Chemical Recent Developments/Updates
7.5 Evonik
7.5.1 Evonik Mandelic Acid Company Information
7.5.2 Evonik Mandelic Acid Product Portfolio
7.5.3 Evonik Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Evonik Main Business and Markets Served
7.5.5 Evonik Recent Developments/Updates
7.6 Shandong Chengxu Chemical
7.6.1 Shandong Chengxu Chemical Mandelic Acid Company Information
7.6.2 Shandong Chengxu Chemical Mandelic Acid Product Portfolio
7.6.3 Shandong Chengxu Chemical Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Shandong Chengxu Chemical Main Business and Markets Served
7.6.5 Shandong Chengxu Chemical Recent Developments/Updates
7.7 Hanhong Scientific
7.7.1 Hanhong Scientific Mandelic Acid Company Information
7.7.2 Hanhong Scientific Mandelic Acid Product Portfolio
7.7.3 Hanhong Scientific Mandelic Acid Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Hanhong Scientific Main Business and Markets Served
7.7.5 Hanhong Scientific Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Mandelic Acid Industry Chain Analysis
8.2 Mandelic Acid Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Mandelic Acid Production Mode & Process Analysis
8.4 Mandelic Acid Sales and Marketing
8.4.1 Mandelic Acid Sales Channels
8.4.2 Mandelic Acid Distributors
8.5 Mandelic Acid Customer Analysis
9 Mandelic Acid Market Dynamics
9.1 Mandelic Acid Industry Trends
9.2 Mandelic Acid Market Drivers
9.3 Mandelic Acid Market Challenges
9.4 Mandelic Acid Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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