Tartaric Acid Market by Source, Type - Global Forecast 2022

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MarketsandMarkets Presents
Tartaric Acid Market - Forecast to 2022
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artaric-acid-market-59894738.html
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The report "Tartaric Acid Market by Source
(Grapes Sun-dried Raisins, Maleic Anhydride),
Type (Natural, Synthetic), Application (Food
Beverages, Pharmaceuticals, Cosmetics Personal
Care Products), and Region - Global Forecast to
2022", The tartaric acid market is estimated to
be valued at USD 215.7 Million in 2017 and is
projected to reach USD 285.6 Million by 2022, at
a CAGR of 5.77. The market is driven by multiple
functionalities across different industries, RD
and technological innovations, and growth in the
wine industry. The major driver of the tartaric
acid industry is its multifunctionality across
different industries such as food beverages,
pharmaceutical, and cosmetics. Tartaric acid, as
an ingredient, has immense usage in the
pharmaceutical industry, especially after
technological innovations such as
micro-encapsulation. Browse 94 market data
Tables and 28 Figures spread through 119 Pages
and in-depth TOC on "Tartaric Acid Market -
Global Forecast to 2022 Asia Pacific is
projected to be the fastest-growing market during
the forecast period The market in the Asia
Pacific region is driven by China and Japan, the
two economic giants. The relatively low
operational costs in this region enable
manufacturers to have competitive pricing on a
global platform. In this region, less stringent
regulations are in place regarding the trade and
domestic marketing of tartaric acid. The rising
disposable incomes and the growing demand for
processed and packaged food have impacted the
overall food beverages industry in the Asia
Pacific region. Tartaric acid is used as an
acidulant and preservative in food products
hence, the growth of the food beverage industry
has a direct impact on the demand for tartaric
acid. Download PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id59894738
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• Multiple functionalities of tartaric acid across
  different industries is acting as a catalyst to
  stimulate the demand to cross the mark of USD
  285.6 million by 2022
• Tartaric acid is an odourless white crystalline
  powder, and can be extracted from fruits such as
  grapes, bananas, apricots, and tamarind. The
  major applications of tartaric acid include wine,
  fruit juices, baked food, pharmaceutical, which
  has garnered significant attention in the last
  few years. Tartaric acid is largely used in the
  wine industry to maintain the pH level in wines
  and in bakery industry as a raw material for the
  manufacturing of food emulsifiers used for bread
  improvement. Tartaric acid also finds application
  as a food preservatives and flavor enhancer in
  the food beverage industry.
• Restricted use of synthetic tartaric acid by
  government in various countries, act as the major
  restraining factor for the market     
• Governments in various countries have framed
  regulations related to the use of synthetic
  tartaric acid in food-grade and pharmaceutical
  applications in order to eliminate its side
  effects. The excessive use of tartaric acid in
  food-grade applications is harmful hence, the
  government restricts the use of synthetic
  tartaric acid to eliminate side effects such as
  vomiting, diarrhea, abdominal pain, increased
  thirst, and gastrointestinal inflammation. The
  increase in government regulations in various
  countries may restrict the market growth of
  tartaric acid.
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• Key players in the tartaric acid industry are
  investing in research and development of new cost
  effective method of extraction
•   
• 1. Food beverage Consumption of tartaric acid
  in food beverages is expected to grow,
  alongside increasing the demand for bakery
  products and RTD beverages
• 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 flavours and stabilizes batter systems and
  colour 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.
• 2. Cosmetics and personal care products Tartaric
  acid is used as a base compound in many of the
  body creams soaps
• In cosmetics and personal care products such as
  soaps, skin care products, suntan creams, and
  hair care products, tartaric acid and its salts
  are used as pH adjusters. Tartaric acid acts as a
  skin coolant and also as an effective cleansing
  agent. Strict regulations on the usage of
  synthetic tartaric acid in cosmetics and food
  beverages, along with its declining production
  (mainly in North America and Europe), pose a
  challenge in the growth of the tartaric acid
  market.
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•  

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• 3. Pharmaceuticals Act as pharmacologically
  inactive substance in pharmaceuticals
• It is 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. The
  North American region is projected to grow at the
  highest CAGR during the forecast period.
• This report includes a study of marketing and
  development strategies, along with the product
  portfolios of leading companies. It includes the
  profiles of leading service companies such as
  Caviro Group (Italy), ATP Group (US), Merck
  (Germany), Omkar Specialty Chemicals (India),
  Changmao Biochemical Engineering (China), Tarac
  Technologies (Australia), PAHI (Spain),
  Distillerie Mazzari (Italy), Distillerie Bonollo
  (Italy), Derivados Vinicos (Argentina),
  Industrias Vinicas (US), and Tártaros Gonzalo
  Castelló (Spain).
• Key questions
• What are the upcoming extraction technologies
  that are cost effective and will have a
  significant impact on the market in the future?  
• Natural tartaric is getting traction in the
  market how will this impact the bakery industry
  in the next five years?
• What will be the prominent revenue-generating
  pockets for the market in the next five years?
• Most of the suppliers have chosen expansions and
  acquisitions as their key strategies, as could be
  seen from the recent developments. Where will it
  take the industry in the mid to long term?
• Speak to Analyst https//www.marketsandmarkets.c
  om/speaktoanalystNew.asp?id59894738 

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