According to a recently published report, Global Tartaric Acid Market is expected to grow at the CAGR of 5.9% during 2015-2022 and it estimated to be $450 million by 2022. The global tartaric acid market is segmented on the basis of industry applications and geography. The report on global Tartaric acid market forecast 2015-2022 provides detailed overview and predictive analysis of the market.
In many plants and fruits such as oranges, grapes, bananas and tamarinds tartaric acid is naturally available. Tartaric acid is used in many culinary recipes with baking soda. Tartaric acid is used in many industrial applications in large scale and is manufactured on an industrial level. Tartaric acid is used in pharmaceuticals, food applications, construction industries and cosmetics.
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The key driver of tartaric acid is its extensive use in food and beverages applications. In process of wine manufacturing tartaric acid is widely used, this application caters highest consumption of tartaric acid globally. In wine tartaric acid is used to control acidity and enhances the color of wine. The market of tartaric acid is increasing as the demand for wine market is increasing globally, especially demand from the developing regions is increasing. Tartaric acid is used in various food applications such as in process of jams, pickles, and soft drink and fruit juices. It is also used in bread production as an emulsifying agents also a leaving agent in desserts. Tartaric acid is used in preparation of medicines. In certain pharmaceutical products tartaric acid is used like cardio tonics and antibiotics. However it is also used in oral medications for the medicine taste improvement.
The major players profiled in the report include Caviro Distillerie S.R.L (Caviro), Tarcol SA, Distillerie Mazzari S.p.A., American Tartaric Products Inc. (ATP), The Tartaric Chemicals Corporation, Industria Chimica Valenzana, Changmao Biochemical Engineering Company Ltd, Vinicas Inc., Giovanni Randi S.p.A., Omkar Speciality Chemicals Ltd, Derivados Vinicos S.A., Distillere Mazzari SpA, Comercial Quimica Sarasa SL, Thirumalai Chemicals Ltd.And so on. Innovation and R&D are the key winning strategy of the market.
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Scope of the Report
1. Global Tartaric acid Market by Application 2012-2022 ($ billion)
1.1. Food & Beverages
2. Global Tartaric acid industry regional outlook 2012-2022 ($ billion)
2.1. North America
2.3. Asia Pacific
2.4. Middle East & Africa
2.5. Central & South America
3. Competitive Landscape
3.1. Caviro Distillerie S.R.L (Caviro)
3.2. Tarcol SA
3.3. Distillerie Mazzari S.p.A.
3.4. American Tartaric Products Inc. (ATP)
3.5. The Tartaric Chemicals Corporation
3.6. Industria Chimica Valenzana
3.7. Changmao Biochemical Engineering Company Ltd
3.8. Vinicas Inc.
3.9. Giovanni Randi S.p.A..
3.10. Omkar Speciality Chemicals Ltd.
3.11. Derivados Vinicos S.A.
3.12. Distillere Mazzari SpA
3.13. Comercial Quimica Sarasa SL
3.14. Thirumalai Chemicals Ltd.
3.15. Distillerie Bonollo S.r.l.
3.16. Legre-Mante S.A.
3.17. The Chemical Company
3.18. Henriette’s Herbal
3.19. Alcohlera Vinicola S.A.
3.20. Tartaros Gonzalo Castello TGC
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