Tartaric Acid Market
Tartaric Acid Market- Global Industry Size, Share, Growth, Opportunity and Forecast, 2018-2028, Segmented By Type (Natural Tartaric Acid And Synthetic Tartaric Acid); By Source (Grapes & Sun-Dried Raisins, Maleic Anhydride And Others); By Applications (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products And Others); By Region (North America, Europe, The Asia Pacific, Latin America, The Middle East, And Africa);
- Published Date: March 2022
- Report ID: BWC22078
- Available Format: PDF
- Page: 210
Report Overview
The growth in the tartaric acid market can be primarily attributed to the increasing demand for tartaric acid as one of the key ingredients in several products like wine, pharmaceuticals, and others.
Global Tartaric Acid Market - Industry Trends & Forecast Report 2028
The global tartaric acid market was worth USD 262.7 million in 2021, and it is further projected to reach USD 387.5 million by 2028. The growth in the tartaric acid market can be primarily attributed to the increasing demand for tartaric acid as it is one of the main constituents for many manufacturing units such as wine, pharmaceuticals, etc. Moreover, the demand for tartaric acid has evolved in the food industry in recent years as food manufacturers prefer tartaric acid due to its natural properties. Additionally, rising urban population and western standard of living across countries such as India and China are also the main reasons for the high utilization of wine, which is fueling the growth of the tartaric acid market. Besides rising investments in research & development for sourcing tartaric acid from other sources fueling the growth of the global tartaric acid market during the forecast period.
Tartaric Acid Overview
Tartaric acid is a natural substance derived from different fruits, such as grapes, apples, apricots, avocados, bananas, and tamarinds. Tartaric acid is rich in anti-oxidant and anti-inflammatory properties, which offers benefits to the immune system. Furthermore, sufficient consumption of tartaric acid helps in recovering digestion and intestinal functions. However, it is mainly produced via and natural raw materials that can also be produced synthetically from maleic anhydride.
Tartaric Acid Market Trends
Growth Drivers
Rising Consumption Of Wine Around The World Driving The Tartaric Acid Market Growth.
The wine industry is booming over the globe. Wine is consumed by a huge portion of the world's population, which increases the demand for tartaric acid, which is used to balance wine's acidity. When consumed in moderation, wine is advantageous to human health, and wine drinking lowers the risk of cardiovascular disease. As a result, customer preferences shift toward homemade wine, resulting in increased use of wine concentrates. Wine is also utilized for beauty purposes, as it has been discovered that wine is beneficial to the skin. In 2020, the world's wine consumption was 234 million hectoliters, according to OIV (International Organisation of Vine and Wine) estimates. Hence the factors mentioned above significantly contribute to the growth of the global tartaric acid market.
Growing Food Industry Supporting Market Expansion of Tartaric Acid Market
The food industry is considered one of the fastest-growing industries across the world. The tartaric acid market is a consolidated market space, with limited producers and recognized players focusing on increasing their production capacities. Tartaric acid is in tremendous demand from the confectionery industry to produce biscuits & snacks and as a leavening agent in baking and dessert preparation. Furthermore, a project called "Food4Neuron was initiated by the Biomedical Research Centre of La Rioja with top leading companies like Alvinesa Corporate, which is likely to create an evolution to the world of alcohol. The project is based on the creation of alcohol-free products with improvements in different anti-oxidants, which functions as a protector of neurons. Hence, it will increase the demand for the tartaric acid market globally in the upcoming years.
Restraints
The Stringent Government Regulations Hampering the Growth Of The Tartaric Acid Market
The stringent food safety rules are a key roadblock for the tartaric acid sector. Synthetic tartaric acid's use in food and pharmaceutical applications is restricted by many government laws in various countries, which could limit tartaric acid's market expansion. Governments in several countries have enacted laws to avoid the negative effects of synthetic tartaric acid in food and medicinal uses. Such as tartaric acid is GRAS for miscellaneous and general-purpose usage in the USA with no limitation other than good manufacturing practices. In the United States, potassium acid tartrate (cream of tartar) is GRAS generally recognized as safe for various and general-purpose usage, with no restrictions other than acceptable manufacturing procedures.
Impact of COVID-19 on The Global Tartaric Acid Market
The COVID-19 pandemic has impacted nearly every industry in each and every region, with the majority of manufacturing enterprises either shutting down or functioning with minimal production and staff. Despite this, there was a considerable demand for food and beverages, prompting manufacturers to adapt their sales strategies and transfer to online platforms. On the other hand, manufacturers will have to restructure their supply chains. They are altering their sourcing patterns and may choose to source from local sources rather than from other places. The COVID-19 outbreak has slowed down various businesses in most regions. The Asia Pacific has been highly impacted by the coronavirus, which may moderate impact the tartaric acid market.
Global Tartaric Acid – By Type
Based on types of tartaric acid, the market has been divided into natural tartaric acid and synthetic tartaric acid. Natural tartaric acid generates the highest revenue in the market as it is derived from fruits such as grapes and sun-dried raisins and other sources such as bananas, tamarind, and apricots. The growing food and pharmaceutical industries impose a high demand for tartaric acid. Natural tartaric acid is majorly used in food and pharmaceuticals and is labeled as food-grade tartaric acid.
Global Tartaric Acid Market- By Source
On the basis of the source, the global tartaric acid market fragmented into grapes & sun-dried raisins, maleic anhydride, and others. Amidst the segmentation, grapes & sun-dried raisins hold the highest share in the global market, and it can be attributed to them being derived from natural sources. Moreover, there has been a general inclination of people towards natural products. Thus, grapes and sundried raisins are widely used in the winemaking process and boost the market growth.
Global Tartaric Acid Market- By Applications
On the basis of application, tartaric acid has been segmented into food & beverages, pharmaceuticals, cosmetics & personal care products, and others. In 2021, the cosmetics and personal care segment held the largest market share. Tartaric acid and its salts are also utilized as pH adjusters in cosmetics and personal care products. It is regarded to be a low-risk and safe component for use in skincare. It's also used in the cosmetics industry as an anti-oxidant. Additionally, food and beverages also hold a significant position in the market as tartaric acids are widely used in food items, drinks, bakeries, and others.
Global Tartaric Acid Market- Regional Insights
In terms of regional analysis, the tartaric acid market is segmented into North America, Europe, The Asia Pacific, Latin America, The Middle East, and Africa. Amidst the segmentation, the Asia-Pacific region catered the largest share of the global tartaric acid market in 2021. Tartaric acid consumption in foods and beverages is predicted to rise in developing economies, in tandem with rising demand for processed foods and beverages. Due to the presence of the largest consuming countries of the world, such as China and India, tartaric acid demand is on the rise. Furthermore, cosmetics use is on the rise among Indian teenagers and middle-aged people. The factors listed above are responsible for the worldwide tartaric acid market's expansion.
Competitive Landscape
The global tartaric acid market is consolidated with a few major players. The key players operating in the global tartaric acid market are Distillerie Mazzari S.p.A, ATP Group, Merck KGaA, Omkar Specialty Chemicals, Changmao Biochemical Engineering, Tarac Technologies, PAHI, S.L., Distillerie Bonollo, The Chemical Company, U.S. Chemicals LLC, Henriette's Herbal, Derivados Vínicos S.A, Giovanni Randi S.p.A, Industria Chimica Valenzana, Alvinesa Natural Ingredients, Comercial Quimica Sarasa SL, Anhui Hailan Biotechnology Co. Ltd, The Tartaric Chemicals Corporation, Industria Chimica Valenzana I.C.V. SpA, and Other Prominent Players.
Recent Development
- Feb 2022: Upcycled ingredient manufacturer Alvinesa Natural Ingredients has acquired Cades Penedes: Cades Penedes, a Catalonian processor of grape-derived sustainable ingredient, has been acquired by Alvinesa Natural Ingredients. The move will increase Alvinesa's production capacity by up to 20% while bolstering the company’s footprint in functional ingredients from winemaking.
Scope of Report
Attribute | Details |
Years Considered | Historical data – 2018-2021 |
Base Year – 2021 | |
Forecast – 2022 – 2028 | |
Facts Covered | Revenue in USD Million |
Market Coverage | United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa |
Product/Service Segmentation | By type, by source, by applications, by region |
Key Players | The global tartaric acid market is characterized by the presence of many local, regional, and global vendors. The key players operating in the global Tartaric Acid market are Distillerie Mazzari S.p.A, ATP Group, Merck KGaA, Omkar Specialty Chemicals, Changmao Biochemical Engineering, Tarac Technologies, PAHI, S.L., Distillerie Bonollo, The Chemical Company, U.S. Chemicals LLC, Henriette's Herbal, Derivados Vínicos S.A, Giovanni Randi S.p.A, Industria Chimica Valenzana, Alvinesa Natural Ingredients, Comercial Quimica Sarasa SL, Anhui Hailan Biotechnology Co. Ltd, The Tartaric Chemicals Corporation, Industria Chimica Valenzana I.C.V. SpA, and Other Prominent Players. |
By Type
- Natural Tartaric Acid
- Synthetic Tartaric Acid
By Source
- Grapes & Sun-dried Raisins
- Maleic Anhydride
- Others
By Applications
- Synthetic
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care Products
- Others.
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Tartaric Acid Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Landscape/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Tartaric Acid Market Overview
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Natural Tartaric Acid
- Synthetic Tartaric Acid
- By Source
- Grapes & Sun-dried Raisins
- Maleic Anhydride
- Others
- By Applications
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care Products
- Others.
- By Region
- North America
- Europe
- The Asia Pacific
- Latin America
- The Middle East and Africa
- By Type
- Market Size & Forecast by Value, 2018-2028
- North America Tartaric Acid Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Source
- By Applications
- By Country
- United States
- Canada
- Market Size & Forecast by Value, 2018-2028
- Europe Tartaric Acid Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Source
- By Applications
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Market Size & Forecast by Value, 2018-2028
- The Asia Pacific Tartaric Acid Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Source
- By Applications
- By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Market Size & Forecast by Value, 2018-2028
- Latin America Tartaric Acid Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Source
- By Applications
- By Country
- Brazil
- Mexico
- Rest of Latin America
- Market Size & Forecast by Value, 2018-2028
- The Middle East &Africa Tartaric Acid Market
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Source
- By Applications
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Market Size & Forecast by Value, 2018-2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership)
- Impact of COVID-19 on Global Tartaric Acid Market Industry
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- Distillerie Mazzari S.p.A
- ATP Group
- Merck KGaA
- Omkar Specialty Chemicals
- Changmao Biochemical Engineering
- Tarac Technologies
- PAHI, S.L.
- Distillerie Bonollo
- The Chemical Company
- U.S. Chemicals LLC
- Henriette's Herbal
- Derivados Vínicos S.A
- Giovanni Randi S.p.A
- Industria Chimica Valenzana
- Alvinesa Natural Ingredients
- Comercial Quimica Sarasa SL
- Anhui Hailan Biotechnology Co. Ltd
- The Tartaric Chemicals Corporation
- Industria Chimica Valenzana I.C.V. SpA
- Other Prominent Players
- Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Global Tartaric Acid Segmentation
Figure 2 Global Tartaric Acid Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Global Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 5 Global Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 6 Global Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 7 Global Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 8 Global Tartaric Acid Market Share, By Region, By Value, 2018-2028
Figure 9 North America Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 10 North America Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 11 North America Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 12 North America Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 13 North America Tartaric Acid Market Share, By Country, By Value, 2018-2028
Figure 14 Europe Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 15 Europe Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 16 Europe Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 17 Europe Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 18 Europe Tartaric Acid Market Share, By Country, By Value, 2018-2028
Figure 19 The Asia-Pacific Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 20 The Asia-Pacific Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 21 The Asia-Pacific Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 22 The Asia-Pacific Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 23 The Asia-Pacific Tartaric Acid Market Share, By Country, By Value, 2018-2028
Figure 24 Latin America Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 25 Latin America Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 26 Latin America Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 27 Latin America Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 28 Latin America Tartaric Acid Market Share, By Country, By Value, 2018-2028
Figure 29 The Middle East & Africa Tartaric Acid Market Size, By Value (USD Million), 2018-2028
Figure 30 Middle East & Africa Tartaric Acid Market Share, By Type, By Value, 2018-2028
Figure 31 Middle East & Africa Tartaric Acid Market Share, By Source, By Value, 2018-2028
Figure 32 Middle East & Africa Tartaric Acid Market Share, By Applications, By Value, 2018-2028
Figure 33 The Middle East & Africa Tartaric Acid Market Share, By Country, By Value, 2018-2028
List of Tables
Table 1 Global Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 2 Global Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 3 Global Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 4 Global Tartaric Acid Market Size, By Region, By Value, 2018-2028
Table 5 North America Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 6 North America Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 7 North America Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 8 North America Tartaric Acid Market Size, By Country, By Value, 2018-2028
Table 9 Europe Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 10 Europe Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 11 Europe Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 12 Europe Tartaric Acid Market Size, By Country, By Value, 2018-2028
Table 13 Asia-Pacific Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 14 Asia-Pacific Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 15 Asia-Pacific Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 16 Asia-Pacific Tartaric Acid Market Size, By Country, By Value, 2018-2028
Table 17 Latin America Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 18 Latin America Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 19 Latin America Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 20 Latin America Tartaric Acid Market Size, By Country, By Value, 2018-2028
Table 21 The Middle East & Africa Tartaric Acid Market Size, By Type, By Value, 2018-2028
Table 22 The Middle East & Africa Tartaric Acid Market Size, By Source, By Value, 2018-2028
Table 23 The Middle East & Africa Tartaric Acid Market Size, By Applications, By Value, 2018-2028
Table 24 The Middle East & Africa Tartaric Acid Market Size, By Country, By Value, 2018-2028
Table 25 Distillerie Mazzari S.p.A Company Overview
Table 26 Distillerie Mazzari S.p.A Financial Overview
Table 27 ATP Group Company Overview
Table 28 ATP Group Financial Overview
Table 29 Omkar Specialty Chemicals Company Overview
Table 30 Omkar Specialty Chemicals Financial Overview
Table 31 Changmao Biochemical Engineering Company Overview
Table 32 Changmao Biochemical Engineering Financial Overview
Table 33 PAHI, S.L. Company Overview
Table 34 PAHI, S.L. Financial Overview
Table 35 The Chemical Company Company Overview
Table 36 The Chemical Company Financial Overview
Table 37 U.S. Chemicals LLC Company Overview
Table 38 U.S. Chemicals LLC Financial Overview
Table 39 Henriette's Herbal Company Overview
Table 40 Henriette's Herbal Financial Overview
Table 41 Derivados Vínicos S.A Company Overview
Table 42 Derivados Vínicos S.A Financial Overview
Table 43 Giovanni Randi S.p.A Company Overview
Table 44 Giovanni Randi S.p.A Financial Overview
Table 45 Industria Chimica Valenzana Company Overview
Table 46 Industria Chimica Valenzana Financial Overview
Table 47 Alvinesa Natural Ingredients Company Overview
Table 48 Alvinesa Natural Ingredients Financial Overview
Table 49 Comercial Quimica Sarasa SL Company Overview
Table 50 Comercial Quimica Sarasa SL Financial Overview
Table 51 Anhui Hailan Biotechnology Co. Ltd Company Overview
Table 52 Anhui Hailan Biotechnology Co. Ltd Financial Overview
Table 53 The Tartaric Chemicals Corporation Company Overview
Table 54 The Tartaric Chemicals Corporation Financial Overview
Market Segmentation
By Type
- Natural Tartaric Acid
- Synthetic Tartaric Acid
By Source
- Grapes & Sun-dried Raisins
- Maleic Anhydride
- Others
By Applications
- Synthetic
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care Products
- Others.
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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