Natural Segment is Projected to be the Fastest-Growing in Tartaric Acid Market

The global tartaric acid market is projected to reach USD 285.6 million by 2022, at a CAGR of 5.77%; in terms of volume, it is projected to reach 91.2 KT by 2022, at a CAGR of 4.50% during the forecast period. The major driver of the tartaric acid industry is its multifunctionality across different industries such as food & beverages, pharmaceutical, and cosmetics. Tartaric acid, as an ingredient, has immense usage in the pharmaceutical industry, especially after technological innovations such as micro-encapsulation.

Download PDF Brochure

The natural tartaric acid segment is projected to be the fastest-growing during the forecast period, due to its high usage in applications such food & beverages, especially in the wine industry, resulting in an exponential increase in the consumption and production. Tartaric acid is mostly used in the wine industry due to the major role it plays in maintaining the chemical stability of the wine, controlling the acidity of wine and its color, and finally in influencing the taste of the finished wine.

Make an Inquiry

The key players include Caviro Group (Italy), ATP Group (US), Merck (Germany), Omkar Specialty Chemicals (India), Changmao Biochemical Engineering (China), Tarac Technologies (Australia), PAHI (Spain), Distillerie Mazzari (Italy), Distillerie Bonollo (Italy), Derivados Vinicos (Argentina), Industrias Vinicas (US), and Tártaros Gonzalo Castelló (Spain).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441