Global Tartaric Acid Market Size study & Forecast, by Type, by Application, by End-User Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Tartaric Acid Market is anticipated to grow with a growth rate of more than 5% over the forecast period 2023-2030. Tartaric acid is a strong dicarboxylic acid of plant origin. It is a naturally occurring white, crystalline organic acid found in a variety of fruits, including grapes, tamarinds, citrus, and others. Wine lees can be used to purify tartaric acid, a chemical molecule that naturally exists in a variety of plants. It is the second most prevalent non-volatile acid in grapes after acetic acid in terms of concentration. Citric and malic acids are the other two main acids that can be detected in wine. The drivers that are boosting the market growth is increasing demand from Cosmetics Industry, growing awareness of people towards Clean Label & Natural Products and the demand of tartaric acid in producing wine.

According to Cosmetic Europe, the personal care association, the cosmetics and personal care industry yearly adds at least EUR 29 billion (USD 34 billion) to the EU economy. One of the biggest markets for cosmetics in Europe is Germany. German body care and cosmetics companies made close to EUR 790 million (USD 920 million) in revenue in 2021. Consumers are increasingly demanding clean label and natural products, free from artificial additives and preservatives. Tartaric acid, being a naturally occurring compound found in many fruits, fits well within the clean label trend. Its use as a natural acidulant and flavor enhancer aligns with consumer preferences for healthier and more natural food and beverage options. The U.S. Food and Drug Administration (FDA) has classified tartaric acid as a Generally Recognized as Safe (GRAS) substance for direct addition to food. Moreover, the growing demand of tartaric acid in the pharmaceutical industry for the formulations of antibiotics, treatments for heart conditions, therapeutic chemicals and other medications along with the rising awareness among individuals about health benefits of tartaric acid may create abundant opportunities in the market in the future. However, the high production cost of Tartaric Acid stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Tartaric Acid Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share attributing to growing demand of tartaric acid as an acidifier for processed food products, well-established food and beverage industry and technological advancements with product innovations in the tartaric acid industry. However, Asia Pacific is expected to be the fastest growing region during the forecast period, owing to the large population. The region's market is expected to be driven by an exponential rise in demand from the food and beverage industry as a result of rising population and consumer spending.

Major market player included in this report are:

ATPGroup
Anhui Hailan Bio-technology Co., Ltd
Changmao Biochemical Engineering Company Limited
Giovanni Randi SpA
Dastech International Inc.
Distillerie Mazzari
Ningbo Jinzhan Biotechnology Co., Ltd.
The Tartaric Chemicals Corporation
Tarac Technologies
Omkar Speciality Chemicals Ltd

Recent Developments in the Market:

In April 2023, Merck & Co. announced that they will acquire Prometheus Biosciences Inc. for $10.8 billion, taking on a potential experimental therapy for Crohn's and ulcerative colitis and expanding its presence in immunology.
In February 2022, Alvinesa Natural Ingredients, a leader in agriculture's circular economy, acquired Cades Penedes, the leading Catalan manufacturer of sustainable ingredients created from grapes.
In February 2022, Arsenal Capital Partners ("Arsenal") acquired ATP Group ("ATP") from Bregal Unternehmerkapital ("BU").

Global Tartaric Acid Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, End-User Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Natural Tartaric Acid
Synthetic Tartaric Acid

By Application:

Preservative & Additive
Laxative
Intermediate
Other Applications

By End-User Industry:

Food & Beverage
Pharmaceutical
Cosmetics
Construction
Other End-User Industries

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Tartaric Acid Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Tartaric Acid Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Tartaric Acid Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Tartaric Acid Market, by End-User Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Tartaric Acid Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Tartaric Acid Market Dynamics

3.1. Tartaric Acid Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand from Cosmetics Industry
  - 3.1.1.2. Growing awareness of clean label & natural products
  - 3.1.1.3. Highly used in wine production
- 3.1.2. Market Challenges
  - 3.1.2.1. High production cost of Tartaric Acid
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing demand in the Pharmaceutical Industry
  - 3.1.3.2. Rising awareness about health benefits of Tartaric Acid

Chapter 4. Global Tartaric Acid Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Tartaric Acid Market, by Type

5.1. Market Snapshot
5.2. Global Tartaric Acid Market by Type, Performance - Potential Analysis
5.3. Global Tartaric Acid Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Tartaric Acid Market, Sub Segment Analysis
- 5.4.1. Natural Tartaric Acid
- 5.4.2. Synthetic Tartaric Acid

Chapter 6. Global Tartaric Acid Market, by Application

6.1. Market Snapshot
6.2. Global Tartaric Acid Market by Application, Performance - Potential Analysis
6.3. Global Tartaric Acid Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Tartaric Acid Market, Sub Segment Analysis
- 6.4.1. Preservative & Additive
- 6.4.2. Laxative
- 6.4.3. Intermediate
- 6.4.4. Other Applications

Chapter 7. Global Tartaric Acid Market, by End-User Industry

7.1. Market Snapshot
7.2. Global Tartaric Acid Market by End-User Industry, Performance - Potential Analysis
7.3. Global Tartaric Acid Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
7.4. Tartaric Acid Market, Sub Segment Analysis
- 7.4.1. Food & Beverage
- 7.4.2. Pharmaceutical
- 7.4.3. Cosmetics
- 7.4.4. Construction
- 7.4.5. Other End-User Industries

Chapter 8. Global Tartaric Acid Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Tartaric Acid Market, Regional Market Snapshot
8.4. North America Tartaric Acid Market
- 8.4.1. U.S. Tartaric Acid Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-User Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Tartaric Acid Market
8.5. Europe Tartaric Acid Market Snapshot
- 8.5.1. U.K. Tartaric Acid Market
- 8.5.2. Germany Tartaric Acid Market
- 8.5.3. France Tartaric Acid Market
- 8.5.4. Spain Tartaric Acid Market
- 8.5.5. Italy Tartaric Acid Market
- 8.5.6. Rest of Europe Tartaric Acid Market
8.6. Asia-Pacific Tartaric Acid Market Snapshot
- 8.6.1. China Tartaric Acid Market
- 8.6.2. India Tartaric Acid Market
- 8.6.3. Japan Tartaric Acid Market
- 8.6.4. Australia Tartaric Acid Market
- 8.6.5. South Korea Tartaric Acid Market
- 8.6.6. Rest of Asia Pacific Tartaric Acid Market
8.7. Latin America Tartaric Acid Market Snapshot
- 8.7.1. Brazil Tartaric Acid Market
- 8.7.2. Mexico Tartaric Acid Market
8.8. Middle East & Africa Tartaric Acid Market
- 8.8.1. Saudi Arabia Tartaric Acid Market
- 8.8.2. South Africa Tartaric Acid Market
- 8.8.3. Rest of Middle East & Africa Tartaric Acid Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. ATPGroup
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Anhui Hailan Bio-technology Co., Ltd
- 9.3.3. Changmao Biochemical Engineering Company Limited
- 9.3.4. Giovanni Randi SpA
- 9.3.5. Dastech International Inc.
- 9.3.6. Distillerie Mazzari
- 9.3.7. Ningbo Jinzhan Biotechnology Co., Ltd.
- 9.3.8. The Tartaric Chemicals Corporation
- 9.3.9. Tarac Technologies
- 9.3.10. Omkar Speciality Chemicals Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Tartaric Acid Market, report scope
TABLE 2. Global Tartaric Acid Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Tartaric Acid Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Tartaric Acid Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Tartaric Acid Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
TABLE 6. Global Tartaric Acid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Tartaric Acid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Tartaric Acid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Tartaric Acid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Tartaric Acid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Tartaric Acid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Tartaric Acid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Tartaric Acid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Tartaric Acid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Tartaric Acid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Tartaric Acid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Tartaric Acid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Tartaric Acid Market
TABLE 71. List of primary sources, used in the study of global Tartaric Acid Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Tartaric Acid Market, research methodology
FIG 2. Global Tartaric Acid Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Tartaric Acid Market, key trends 2022
FIG 5. Global Tartaric Acid Market, growth prospects 2023-2030
FIG 6. Global Tartaric Acid Market, porters 5 force model
FIG 7. Global Tartaric Acid Market, pest analysis
FIG 8. Global Tartaric Acid Market, value chain analysis
FIG 9. Global Tartaric Acid Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Tartaric Acid Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Tartaric Acid Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Tartaric Acid Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Tartaric Acid Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Tartaric Acid Market, regional snapshot 2020 & 2030
FIG 15. North America Tartaric Acid Market 2020 & 2030 (USD Billion)
FIG 16. Europe Tartaric Acid Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Tartaric Acid Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Tartaric Acid Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Tartaric Acid Market 2020 & 2030 (USD Billion)