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Tartaric Acid Market length is predicted to grow at a CAGR of 4.8% during the forecast length 2021-2028

(Entertainment-NewsWire.com, August 13, 2021 )



Market Overview:

Tartaric acid is an organic white crystalline diprotic acid. The compound occurs naturally in various plants, particularly in tamarinds, bananas, and grapes. Tartaric acid used in many foods when a sour taste is anticipated. Tartaric acid is one of the primary acids that is found in wine, and it is also used as an antioxidant. Tartaric acid is used in the food industry as a flavoring agent and additive, and it is also used in industries such as pharmaceuticals, textile photography, tanning, printing, and ceramics. Multiple functions of tartaric acid across different industries are expected to remain the dominant force driving the demand for the tartaric acid market. Furthermore, growth in the wine industry across the globe is also projected to influence the tartaric acid market significantly. Emerging production of tartaric acid through cost-effective methods, which in turn are expected to generate untapped opportunities for the tartaric acid market.



View full report: https://www.datamintelligence.com/research-report/tartaric-acid-market



Market Dynamics:



Consumption of tartaric acid in food & beverages is expected to drive the global tartaric acid market

Tartaric acid is an essential additive in bakery items where it functions as a leavening agent when mixed with baking powder. It also enhances fruit flavors and stabilizes batter systems and color in baked foods. During winemaking, tartaric acid extracts act as buffers to regulate antioxidants, acidity, and as preservatives; in other food items, it acts as natural flavor enhancers, and food emulsifiers. Now-a-days, there is a trend among consumers toward opting for natural ingredients in food & beverage products, which leads to growth in the demand of naturally extracted tartaric acid.



Moreover, the demand for tartaric acid is supported by the growing consumption of sports and protein drinks and nutritional bars, as well as the introduction of fruit-flavored beverages, where it is used as an acidulant to give a sour taste and to stabilize the color properties of the respective beverage. Tartaric acid is also used in several medical applications, including the manufacture of solutions that are used to determine glucose levels. For the purpose of providing coatings in the manufacturing of capsules and pellets, tartaric acids are used as cores. It aids in providing better accuracy and consistency to drug layering and coating.



On the other hand, the major restraining factor for the tartaric acid market is the stringent food safety regulations. The increase in government regulations in various countries is restricting the use of synthetic tartaric acid in food grade and pharmaceutical grade applications. This may restrict the market growth of tartaric acid. Governments in various countries have framed regulations related to the use of synthetic tartaric acid in food grade and pharmaceutical applications to avoid its side effects.



Market Segmentation:



By Source

Grapes and Sun-Dried Raisins

Maleic Anhydride

Others



By Type

Natural

Synthetic



By Application

Food & Beverages

Pharmaceuticals

Cosmetics & Personal Care Products

Others



Download free sample: https://www.datamintelligence.com/download-sample/tartaric-acid-market



Geographical Penetration:



The Asia Pacific is expected to dominate the global tartaric acid market

Asia-Pacific region accounted for the largest share of the regional tartaric acid Market. Consumption of tartaric acid in foods and beverages in developing markets is expected to grow, along with the increasing demand for processed food and beverages. Owing to the presence of the largest consuming countries such as China and India, the demand for tartaric acid in the region is growing at a significant rate. The consumption of cosmetics has been increasing among Indian teens, as well as middle-aged people, primarily driven by an increasing focus on self-care. The cosmetics and personal care industry is one of the fastest-growing consumer product markets in India, with a strong market entry potential for US companies.

Moreover, increasing wine production in China coupled with growing consumption in Southeast Asia and the Australian continent is propelled to favorably impact the demand over the forecast period. Increasing tartaric acid demand as an anti-oxidant in functional foods and nutritional beverages coupled with the application sector growth is anticipated to further complement the market growth



Competitive Landscape:



The global tartaric acid market is highly fragmented due to the dominance of several local and global players present in the market. The market exhibits a strong presence of global key players, such as Distillerie Mazzari SpA, Australian Tartaric Products, Anhui Hailan Biotechnology Co. Ltd and Industria Chimica Valenzana SpA among others. Players in this market are following various strategies to occupy a significant position in the market. For instance, a renowned cosmetics brand in U.S., Sephora, announced that it would start its operations in U.K. to anticipate the rising demand of tartaric acid-based cosmetics.



Related Topic's



Natural Flavours Market, Natural Food Colorants Market, Food Additives Market, Food Colorants Market, Food Sweeteners Market

DataM Intelligence

Sai Kiran

+1 877 441 4866

pr@datamintelligence.com

Source: EmailWire.Com

Source: EmailWire.com

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