Tartaric Acid Market Size, Share, Opportunities, And Trends By Type (Natural, Synthetic), By Application (Wine, Food & Beverages, Excipient, Antacids, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061612879
- Pages : 140
The tartaric acid market is estimated to foresee significant growth with a CAGR of 5.34% and is anticipated to grow from a market size of US$323.360 million in 2025 to reach a market size of US$419.490 billion in 2030.
The worldwide market for tartaric acid is growing steadily because of its varied applications in industries. Since this is a natural organic acid, tartaric acid has broad applications in the food and beverage sectors as a flavoring agent, acidity regulator, and antioxidant. It is particularly crucial in wine making, where it helps to stabilize the wine and remove excess tartaric acid crystals.
Beyond the food and beverages industry, tartaric acid also finds application in the drug industry as an effervescing agent, buffer, and complexing agent in various products. In the cosmetics industry, it is used as an exfoliant and pH balancer in skincare products.
One of the growth factors in the market are rising demand for natural and organic products. The natural origin of tartaric acid goes along with this trend.
Other aspects are growing health and wellness consciousness, where tartaric acid has a prospect for helping in digestion and metabolism. The continuous innovation in the formulations of food and beverages creates opportunities for the inclusion of tartaric acid.
Markets would witness growth, but fluctuations in grape produce as well as possible supply chain disruption might be a major factor in the dynamics involved. However, the overall outlook for tartaric acid remains positive, driven by its versatility and increasing applications across many industries.
What are the drivers of the tartaric acid market?
- Growing use of tartaric acid in various industries
Tartaric acid is used in wine manufacturing and is also gaining a rise in demand, for its application in the food and beverage industry, due to its antioxidant properties. It is also used in the pharmaceutical industry for medicine preparation and to improve the taste of oral medicines. Furthermore, taking into consideration the rising living standards and health care concerns, there is a growth in the consumption of sports & protein drinks, and nutritional bars; which also aids demand for tartaric acid, for its application as a food preservative and flavor enhancer. It also finds its use in the cement and construction industries, because of its anti-solidifying and set-retardant agent characteristics. These factors boost the tartaric acid industry’s growth at a steady pace. The other uses include the use of the acid as a pH adjuster in the cosmetics and personal care industry and as a chelating agent in soil, fertilizers, and metal cleaning.
However, the increase in government regulations related to the use of synthetic tartaric acid in the food and pharmaceutical industries is expected to impede market growth in the forecast period. Industry players are adopting strategies for increasing their market share in the global tartaric acid market. Acquisitions act as the key strategy adopted by players in the tartaric acid market to expand their geographical outreach.
Tartaric acid is used as a pH adjuster in personal care products to control the pH of the finished beauty products. With the growing interest in cosmetics among many women at the international level, the market is further poised to grow at a significant pace in the forecast period. This is majorly attributed to the fact that these women are highly interested in the exploration of a wide range of beauty products available in the market, further leading to the high market demand for cosmetics and personal care commodities.
Additionally, the introduction of many independent brands along with new and innovative ideas in the field of cosmetics to remain beautiful or become beautiful is adding to industrial growth. The increasing craze for cosmetics is not limited to the younger population only, but it is being widely experienced among older adults as well. Hence, the vendors or suppliers in the cosmetic industry have been provided with immense opportunities to produce a variety of cosmetic goods for this group of society as well. Furthermore, big brands are adopting certain strategies where these are involved in the acquisition of smaller brands to enhance their product outreach and bolster their brand value. The main reason is that young companies with innovative products are known to pose a threat to the bigger brands, hence, through acquisition at a high valuation, big companies can expand their product portfolio as per the consumers’ demands and are capable of providing a huge range of cosmetic products coupled with unique and appealing packaging, triggering the impulse buying behavior of these customers.
The tartaric acid market is segmented into five regions worldwide:
Geography-wise, the market of tartaric acids is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Tartaric acid finds solid markets in North America and Europe and has a presence in significant industries concerning food and beverages. The market is gaining importance due to increased demand in these regions for natural organic products.
The growing middle-class population is contributing to boosting cosmetic sales, especially from the emerging economies of the world, providing a huge consumer base. According to the OECD stats, the global middle class is projected to increase from a size of 1.8 billion in 2009 to a size of 4.9 billion in 2030.
By the end of 2030, the Asian region is estimated to hold the maximum middle-class population, where it is expected to represent more than 60% of the global middle-class population, and over 50% share the basis of middle-class consumption. China and India are expected to account for the maximum share of the middle-class population and consumption in the forecast period. According to the National Bureau of Statistics, the middle-class population in China is projected to grow at a rapid rate, especially in the big cities, and at the same time, is expected to contain the most active consumer group for the purchase of cosmetic products, further creating a high market demand for tartaric acid during the manufacturing process.
Tartaric Acid Market Key Developments:
- In August 2023, SPI Pharma, Inc. made waves in the pharmaceutical industry with the announcement of securing sole distribution rights for CELLETS MCC pellets and TAP tartaric acid pellets from ingredientpharm.
The tartaric acid market is segmented and analyzed as follows:
- By Type
- Natural
- Synthetic
- By Application
- Wine
- Food & Beverages
- Excipient
- Antacids
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Rest of Asia-Pacific
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. TARTARIC ACID DERIVATIVES MARKET BY TYPE
5.1. Introduction
5.2. Natural
5.3. Synthetic
6. TARTARIC ACID DERIVATIVES MARKET BY APPLICATION
6.1. Introduction
6.2. Wine
6.3. Food & Beverages
6.4. Excipient
6.5. Antacids
6.6. Others
7. TARTARIC ACID DERIVATIVES MARKET BY GEOGRAPHY
7.1. Global Overview
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Rest of South America
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Rest of Europe
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. United Arab Emirates
7.5.3. Rest of Middle East and Africa
7.6. Asia-Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Indonesia
7.6.8. Rest of Asia-Pacific
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Alvinesa Natural Ingredients S.A.
9.2. Tártaros Gonzalo Castelló, S.L.
9.3. Derivados Vínicos SA
9.4. Distillerie Mazzari S.p.A.
9.5. Tarac Technologies
9.6. Omkar Speciality Chemicals Ltd.
9.7. Sigma-Aldrich, Inc. (Merck KGaA)
9.8. Meru Chem Pvt. Ltd.
9.9. CDH Fine Chemical
9.10. Australian Tartaric Products
Alvinesa Natural Ingredients S.A.
Tártaros Gonzalo Castelló, S.L.
Derivados Vínicos SA
Distillerie Mazzari S.p.A.
Tarac Technologies
Omkar Speciality Chemicals Ltd.
Sigma-Aldrich, Inc. (Merck KGaA)
Meru Chem Pvt. Ltd.
CDH Fine Chemical
Australian Tartaric Products
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