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Tartaric Acid Market Share

Report ID: GMI1673
Published Date: Feb 2018
Report Format: PDF

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Tartaric Acid Market Share

Global tartaric acid industry is highly fragmented. Some of the major players are

ALVINESA ALCOHOLERA VINICOLA S.A.
Tártaros Gonzalo Castelló
Vinicas
Derivados Vinicos
Distillerie Mazzari
Distillerie Bonollo
Tarac Technologies
Omkar Speciality Chemicals Ltd
Changmao Biochemical Engineering
Merck KGaA
Caviro
PAHI, S.L.

Players in this market are following various strategies to occupy a significant position in the market. For instance, a renowned cosmetics brand in U.S., Sephora, announced that it would start its operations in U.K. to anticipate the rising demand of tartaric acid based cosmetics.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Tartaric acid industry size had reached USD 450 million in 2016 and will record a CAGR of 4.4% up to 2024.

The demand for natural tartaric acid will increase at a 3% CAGR up to 2024 with wide application in production of wine and other beverages.

The consumption of tartaric acid in wine production will grow at a steady 3% CAGR through 2024 with consistent rise in the demand for different wine brands globally.

The market for tartaric acid in Asia Pacific will expand at a 4% CAGR up to 2024 with consistent demand across construction, cosmetics, personal care, and pharmaceutical products.

Tartaric acid consumption in Europe will be primarily driven by increased wine production activities in the region.