Tartaric Acid Market is Anticipated to Reach Around US$ 395 Million by 2024

1. Global Tartaric Acid Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Tartaric Acid Market Overview: According to the latest report by IMARC Group, titled “Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global tartaric acid market reached a value of nearly US$ 303 Million in 2018, growing at a CAGR of around 6% during 2011-2018. Tartaric acid is a naturally occurring white carboxylic acid which is present in different types of plants such as bananas, apricots, apples, grapes and tamarinds. Apart from this, it can also be synthetically manufactured from maleic anhydride. Tartaric acid first came into recognition in the late 1760s, when it was isolated by Carl Wilhelm Scheele who boiled tartar with chalk and then decomposed it with sulfuric acid. With time, it also played a vital role in the discovery of chemical chirality which later helped in the production of a pure sample of levotartaric acid. At present, tartaric acid along with its salts are also used as preservative, flavour enhancer, acidulant, stabiliser, chelating agent and emulsifier. One of the major factors which is driving the growth of the tartaric acid market is the rising awareness among consumers regarding the health benefits offered by tartaric acid such as increasing production of collagen, enhancement of energy generation in the body as well as boosting of metabolism. These are some of the other forces which are contributing towards the overall market growth.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ In Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 This remains a primary obstacle which is hindering the growth of the global tartaric acid market. Looking forward, the market value is projected to reach a value of more than US$ 395 Million by 2024. Request for a free sample report: https://www.imarcgroup.com/tartaric-acid-technical-material- market-report-2/requestsample

5. Report Description and Highlights Report Description In addition to this, tartaric acid acts as a primary raw material in the process of winemaking which has consequently propelled the overall demand for tartaric acid across the globe. Other than this, tartaric acid is also used in the in the processing of gypsum as an anti-caking agent as well as in the production of cement in the form of a set-retardant and anti-solidifying agent. However, the feedstock for natural tartaric acid is available seasonally and the consumers are reluctant to use synthetic tartaric acid in pharmaceuticals, and wine. For more information, click here: https://www.imarcgroup.com/tartaric-acid-technical-material- market-report-2 Key Market Segmentation: Market Segmentation by End-Use • • Food and Beverages Non-Food Applications On the basis of end-use, the global tartaric acid market has been segmented into food and beverage, and non-food applications.

6. Report Description and Highlights Report Description Amongst these, food and beverage applications account for the majority of the market share owing to the usage of tartaric acid for enhancing the flavour of carbonated beverages and in bakery in the form of a preservative and emulsifier. Market Segmentation by Region • • • • • Europe North America Asia Pacific Middle East and Africa Latin America On a geographical front, Europe represents the largest market for tartaric acid. This is due to a rapid rise in the wine production across various European countries such as France, Italy, Germany and Spain. Europe is followed by the United States, Middle East/Africa, China, and Central/South America. Competitive Landscape:

7. Report Description and Highlights Report Description The competitive landscape of the market has also been examined with some of the key players. • • • • • Caviro Changmao Biochemical Engineering Company Ltd Hangzhou Bioking Chemical Engineering Company Ltd Industrias Vinicas Legre Mante Browse Related Report Acetic Acid Market: https://www.imarcgroup.com/acetic-acid-technical-material-market-report Citric Acid Market Report: https://www.imarcgroup.com/citric-acid-manufacturing-plant

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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