Global Synthetic Tartaric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Synthetic Tartaric Acid market size was valued at USD 376.3 million in 2023 and is forecast to a readjusted size of USD 574.1 million by 2030 with a CAGR of 6.2% during review period.
Tartaric acid is a white, crystalline organic acid that occurs naturally in many fruits. It is commonly mixed with sodium bicarbonate and is sold as baking powder used as a leavening agent in food preparation. The acid itself is added to foods as an antioxidant and to impart its distinctive sour taste.
Tartaric acid is used in many applications, food and beverages, wine, pharmaceutical, construction, cosmetic and chemical industry. For food, beverage and wine, tartaric acid is used for acidifying and enhancing the flavors of them. In pharmaceutical industry, tartaric acid is used as an excipient to prepare antibiotics, pills, tablets and some other medicines for heart disorders. In construction sector, tartaric acid is used in gypsum and cement to retard drying, and as a fluidizer of ceramics. In chemical industry, tartaric acid is used for photography, polishing in electronics and plastics industries. For cosmetic, tartaric acid is used as a basic compound in some natural body creams.
Tartaric acid mainly has three types: L-Tartaric Acid, D-Tartaric Acid, DL-Tartaric Acid. L-Tartaric acid is produced in the largest amount. D(-)-tartaric acid is more and more widely used in pharmaceuticals and food industry. DL-Tartaric Acid is widely used in many fields such as foodstuff, medicine, chemical industry and light industry etc.
The Global Info Research report includes an overview of the development of the Synthetic Tartaric Acid industry chain, the market status of Wine, Food & Beverage (Grapes & sun-dried raisins, Maleic anhydride), Pharmaceutical (Grapes & sun-dried raisins, Maleic anhydride), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Synthetic Tartaric Acid.
Regionally, the report analyzes the Synthetic Tartaric Acid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Synthetic Tartaric Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Synthetic Tartaric Acid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Synthetic Tartaric Acid industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Grapes & sun-dried raisins, Maleic anhydride).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Synthetic Tartaric Acid market.
Regional Analysis: The report involves examining the Synthetic Tartaric Acid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Synthetic Tartaric Acid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Synthetic Tartaric Acid:
Company Analysis: Report covers individual Synthetic Tartaric Acid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Synthetic Tartaric Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wine, Food & Beverage, Pharmaceutical).
Technology Analysis: Report covers specific technologies relevant to Synthetic Tartaric Acid. It assesses the current state, advancements, and potential future developments in Synthetic Tartaric Acid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Synthetic Tartaric Acid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Synthetic Tartaric Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Grapes & sun-dried raisins
Maleic anhydride
Others
Market segment by Application
Wine, Food & Beverage
Pharmaceutical
Cosmetics
Construction
Chemical
Major players covered
Alvinesa
Sagar Chemicals
RANDI GROUP
Caviro Distillerie
Australian Tartaric Products
Tarac Technologies
Tartaric Chemicals
Distillerie Mazzari
Distillerie Bonollo
Pahi
Vinicas
Tártaros Gonzalo Castelló
Omkar Specialty Chemicals
Yantai Taroke Bio-Engineering
Ninghai Organic Chemical Factory
Changmao Biochemical Engineering
Hangzhou Bioking Biochemical Engineering
Hangzhou Regin Bio-tech
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synthetic Tartaric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Synthetic Tartaric Acid, with price, sales, revenue and global market share of Synthetic Tartaric Acid from 2019 to 2024.
Chapter 3, the Synthetic Tartaric Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synthetic Tartaric Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Synthetic Tartaric Acid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Synthetic Tartaric Acid.
Chapter 14 and 15, to describe Synthetic Tartaric Acid sales channel, distributors, customers, research findings and conclusion.