Tartaric Acid Market To Hit Value $425.0 Million By 2020 |Grand View Research, Inc.


The global tartaric acid market size is expected to reach USD 425 million by 2020, expanding at a CAGR of 5.3% over the forecast period, according to a new study by Grand View Research, Inc. Increasing wine consumption in Asia Pacific and Latin America is expected to remain a key factor driving market growth over the forecast period. Increasing tartaric acid consumption as anti-oxidant and taste enhancer in food products is also expected to have a positive impact on the market growth. Tartaric acid prices witnessed slump during 2009 to 2010 mainly due to economic recession in U.S. and debt crisis in Europe. The prices recovered there after due to high tartaric acid demand from emerging markets. Tartaric acid prices are projected to remain stable over the forecast period which is expected to benefit the market in terms of revenue.
Wine was the largest application segment and accounted for 33.6% of the total market volume in 2013. Tartaric acid is widely used in wine applications as a preservative, pH level reducer and tartness improver. Increasing wine production in China and with growing per capita consumption in Brazil, China, Italy, Spain and France is expected to drive tartaric acid demand in wineries. Wine is also expected to witness the highest growth rate of 5.7% from 2014 to 2020.
Key players operating in the global market are Distellere Mazzari SpA, Commercial Quimica Sarasa SL, Tartaros Gonazalo Castello TGC, Industria Chimica Valenzana SpA, Thirumalai Chemicals Ltd., Distillerie Bonollo S.r.l., Alcohlera Vinicola S.A., Legre Mante S.A, The Chemical Company and Henriette’s Herbal.
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Tartaric acid’s antioxidant properties have led to its increasing application in functional foods and energy drinks. High demand from food & beverage industry is expected to fuel global market growth. Increasing packaged food popularity coupled with rising living standards is expected to positively impact global market growth. Tartaric acid is used as an excipient to manufacture antibiotics and cardiotonics. Its increasing usage in the construction industry as an ingredient in gypsum is expected to further complement the growth.
Further key findings from the study suggest:
  • Global tartaric acid market demand was 60.56 kilo tons in 2013 and is expected to reach 87.18 kilo tons by 2020, growing at a CAGR of 5.3% from 2014 to 2020.
  • Europe emerged as the largest regional market and accounted for 39.4% of the total market volume in 2013. High tartaric acid demand for wine production in Italy, France and Spain is expected to drive the regional market growth over the forecast period. Increasing tartaric acid penetration in niche applications such as chelating agents is also expected to further complement the regional market growth. Anti-dumping duties established by the European Commission for Chinese tartaric acid imports are anticipated to secure the regional market production scenario.
  • Asia Pacific is expected to witness the highest growth of 6.8% from 2014 to 2020. Increasing tartaric acid demand in wine production particularly in China is expected to drive the regional market. Growth of food & beverages industry in China, India and Indonesia is also expected to drive the regional market. Increasing awareness among consumers regarding health benefits offered by anti-oxidants has also created demand for tartaric acid demand.
  • The global market is moderately concentrated with top companies competing in terms of product innovation. Major companies operating in the global tartaric acid market include Caviro Distillerie SRL, The Chemical Company, Distillerie Bonollo SpA, Distellerie Mazzari SpA, Tartaros Gonzalo Castello SL, Tarac Technologies, Richman Chemical Inc., U.S. Chemicals LLC, American Tartaric Products and The Tartaric Chemical Corp.
Tartaric acid is gaining acceptance as a chelating agent in soil fertilizers, and metal cleaning is expected to strengthen the global market growth. Declining production in Europe and North America has resulted in increased prices and is expected to pose challenges to industry participants. The increasing use of tartaric acid as an emulsifier in bread production is projected to provide lucrative opportunities to industry participants. Increasing demand for convenience food and longer shelf lives in emerging economies is expected to provide further opportunities for market players concerning application development.
Wine emerged as the leading application segment and accounted for over 33% of the total market volume in 2012. Tartaric acid has traditionally been used in the winery to give tartness, reduce the pH value and as a preservative. Increasing wine production in major economies such as Italy, France, Spain, U.S., and China is expected to drive its demand over the forecast period. Food & beverage followed wine as the second largest application segment and accounted for over 28% of the market volume in 2012. Increasing awareness regarding health benefits of anti-oxidants has driven tartaric acid demand in food & beverages application.
The growth of food & beverages industry in emerging markets of Asia Pacific along with developing markets of Africa is expected to drive tartaric acid demand in aforementioned applications. Increasing application in pharmaceutical industry as an expectorant in cough syrups and oral medication is expected to drive global market growth. Growing pharmaceutical industry is estimated to remain a key driver for its demand in pharmaceutical applications.
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Grand View Research has segmented the global tartaric acid market on the basis of application:
Tartaric Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
  • Food & Beverages
  • Wine
  • Pharmaceuticals
  • Antacids
  • Others
Changing lifestyle patterns have resulted in altered food habits. Growing consumption of tartaric acid in effervescent salts for antacids is expected to be the prime driving factor for its growth over the forecast period. In addition, increasing incidences of heartburns and indigestion cases in the region is expected to drive antacids demand. This trend is projected to drive the demand for tartaric acid over the forecast period.
Europe emerged as the leading regional market and accounted for approximately 40% of the total market volume in 2013. Increasing wine production in Italy, France, Spain and Germany coupled with rising per capita consumption in East European countries is expected to drive tartaric acid demand over the forecast period.
Asia Pacific market was USD 42.1 million in 2012. Increasing wine production in China coupled with growing consumption in Southeast Asia and Australian continent is propelled to favorably impact the demand over the forecast period. Increasing tartaric acid demand as an anti-oxidant in functional foods and nutritional beverages coupled with the application sector growth is anticipated to further complement the market growth. On account of the above-stated factors, Asia Pacific is expected to be the fastest growing regional market from 2014 to 2020.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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