Tartaric Acid Market to Reach Valuation of USD 306.03 Million by 2028 - Rising Wine Industry is Generating Huge demand the Tartaric Acid Market
In terms of revenue, the Global Tartaric Acid Market is expected to reach by 2028, growing at a CAGR of from 2022 to 2028. Wine industries are growing globally due to high demand from the market. Tartaric acid is the main component as it influences the tastes, color, and odor of the wine. Tartaric acid is also used in the pharmaceutical industry for manufacturing oral medications. These are some of the essential benefits from tartaric acid which are expected to generate revenue from the Tartaric Acid Market.
- Under the source segment grapes & sun-dries resin, the sub-segment is anticipated to dominate the segment for the tartaric acid market and grow at a significant CAGR.
- Synthetic sub-segment held a significant market share in 2021. This is the fastest segment growing in the tartaric acid market, as synthetic tartaric acid is required in huge volumes for manufacturing wine.
- Europe is expected to grow at a substantial CAGR from 2022 to 2028. This region is growing at a rapid phase due to growing population and high demand.
Some of the key players dominating the tartaric acid market include - .
Tartaric Acid has a stronger, sharper taste than citric acid. Although it is renowned for its natural occurrence in grapes, it also occurs in apples, cherries, papaya, peach, pear, pineapple, strawberries, mangos, and citrus fruits. Tartaric acid is used preferentially in foods containing cranberries or grapes, notably wines, jellies, and confectioneries. Commercially, tartaric acid is prepared from the waste products of the wine industry and is more expensive than most acidic, including citric and malic acids. Tartaric acid is one of the least antimicrobials of the organic acids known to inactivate fewer microorganisms and inhibit less microbial growth in comparison with most other organic acids (including acetic, ascorbic, benzoic, citric, formic, fumaric, lactic, levulinic, malic, and propionic acids) in the published scientific literature. Furthermore, when dissolved in hard water, undesirable insoluble precipitates of calcium tartrate can form.
is expected to grow at the fastest CAGR in the coming years due to the high demand for tartaric acid in the wine industry. Major the population in European countries likes drinking wine, due to this there is a huge demand for tartaric acid. It gives wine products good odor, color, and taste. The Asia Pacific is the second fastest-growing market of tartaric acid. Major wine manufacturers in this region have started manufacturing tartaric acid rather than exporting from the European region. Due to this Asia Pacific in coming years is also expected to be one of the prominent manufacturers of tartaric acid.
The Tartaric Acid is segmented as follows:
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Pages and in-depth TOC on "Tartaric Acid Market by Source (Grapes & Sun-dried Raisins, Maleic Anhydride), by Type (Natural, Synthetic), by Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products, Others), by Regions (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)"
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
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