Global Tartaric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Tartaric Acid market size was valued at US$ 516 million in 2023 and is forecast to a readjusted size of USD 626 million by 2030 with a CAGR of 2.8% during review period.
Global key players of tartaric acid include Bioking, Distillerie Mazzari, Changmao Biochemical, Showakako Chem, Regin Biotech, etc. The top five players hold a share about 44%. China is the largest producer, has a share about 69%, followed by Europe and Japan, with share 22% and 4%, respectively. The largest market is Europe, with a share about 37%, followed by China and North America, with share 22% and 17%, separately.
This report is a detailed and comprehensive analysis for global Tartaric Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Tartaric Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030
Global Tartaric Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030
Global Tartaric Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030
Global Tartaric Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (K USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tartaric Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tartaric Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bioking, Changmao Biochemical, Regin Biotech, Jinzhan Biochemical, Hailan Biotechnology, Anhui Aibo Biotechnology, Yantai Taroke, Showakako Chem, Distillerie Mazzari, Caviro Extra, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
L-Tartaric Acid
DL-Tartaric Acid
D-Tartaric Acid
Market segment by Application
Construction
Food & Beverage
Industry
Pharmaceutical
Others
Major players covered
Bioking
Changmao Biochemical
Regin Biotech
Jinzhan Biochemical
Hailan Biotechnology
Anhui Aibo Biotechnology
Yantai Taroke
Showakako Chem
Distillerie Mazzari
Caviro Extra
Randi Group
Industria Chimica Valenzana (ICV)
Distillerie Bonollo
Alvinesa
Comercial Química Sarasa
Tártaros Gonzalo Castelló
Pahi
Grap'Sud
Tarac Technologies
Vinicas
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 Tartaric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tartaric Acid, with price, sales quantity, revenue, and global market share of Tartaric Acid from 2019 to 2024.
Chapter 3, the Tartaric Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Tartaric Acid market forecast, by regions, by Type, and by 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 Tartaric Acid.
Chapter 14 and 15, to describe Tartaric Acid sales channel, distributors, customers, research findings and conclusion.