Report Overview

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

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Tartaric Acid Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Tartaric Acid Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Natural Tartaric Acid
         2. Synthetic Tartaric Acid
      2. By Source
         1. Grapes & Sun-dried Raisins
         2. Maleic Anhydride
         3. Others
      3. By Applications
         1. Food & Beverages
         2. Pharmaceuticals
         3. Cosmetics & Personal Care Products
         4. Others.
      4. By Region
         1. North America
         2. Europe
         3. The Asia Pacific
         4. Latin America
         5. The Middle East and Africa
6. North America Tartaric Acid Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Applications
      4. By Country
         1. United States
         2. Canada
7. Europe Tartaric Acid Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Applications
      4. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. The Asia Pacific Tartaric Acid Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Applications
      4. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Tartaric Acid Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
      2. By Source
      3. By Applications
      4. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. The Middle East &Africa Tartaric Acid Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Type
       2. By Source
       3. By Applications
       4. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership)
12. Impact of COVID-19 on Global Tartaric Acid Market Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Distillerie Mazzari S.p.A
    2. ATP Group
    3. Merck KGaA
    4. Omkar Specialty Chemicals
    5. Changmao Biochemical Engineering
    6. Tarac Technologies
    7. PAHI, S.L.
    8. Distillerie Bonollo
    9. The Chemical Company
    10. U.S. Chemicals LLC
    11. Henriette's Herbal
    12. Derivados Vínicos S.A
    13. Giovanni Randi S.p.A
    14. Industria Chimica Valenzana
    15. Alvinesa Natural Ingredients
    16. Comercial Quimica Sarasa SL
    17. Anhui Hailan Biotechnology Co. Ltd
    18. The Tartaric Chemicals Corporation
    19. Industria Chimica Valenzana I.C.V. SpA
    20. Other Prominent Players
14. 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