Global Tartaric Acid Market Overview 2018, Demand by Regions, Share and Forecast to 2023

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    Global Tartaric Acid Market Stimulated by
Flourishing Food and Beverage Industry

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Report Description and Highlights
Report Description
Global Tartaric Acid Market Stimulated by
Flourishing Food and Beverage Industry The global
tartaric acid market has been witnessing a
positive growth over the past few years. This can
be accredited to various factors such as health
benefits offered by tartaric acid, thriving food
and beverage industry, and rising consumption of
wine across the globe. According to the latest
report by IMARC Group, titled Tartaric Acid
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
the global tartaric acid market reached a value
of more than US 289 Million in 2017, growing at
a CAGR of nearly 6 during 2010-2017. Tartaric
acid is a naturally occurring white carboxylic
acid which is present in different types of
plants such as bananas, apricots, apples, grapes
and tamarinds. Apart from this, it can also be
synthetically manufactured from maleic anhydride.
Tartaric acid first came into recognition in the
late 1760s, when it was isolated by Carl Wilhelm
Scheele who boiled tartar with chalk and then
decomposed it with sulfuric acid. With time, it
also played a vital role in the discovery of
chemical chirality which later helped in the
production of a pure sample of levotartaric acid.
At present, tartaric acid along with its salts
are also used as preservative, flavour enhancer,
acidulant, stabiliser, chelating agent and
emulsifier. One of the major factors which is
driving the growth of the tartaric acid market is
the rising awareness among consumers regarding
the health benefits offered by tartaric acid such
as increasing production of collagen, enhancement
of energy generation in the body as well as
boosting of metabolism.
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Report Description and Highlights
Report Description
In addition to this, tartaric acid acts as a
primary raw material in the process of winemaking
which has consequently propelled the overall
demand for tartaric acid across the globe. Other
than this, tartaric acid is also used in the in
the processing of gypsum as an anti-caking agent
as well as in the production of cement in the
form of a set-retardant and anti-solidifying
agent. These are some of the other forces which
are contributing towards the overall market
growth. However, the feedstock for natural
tartaric acid is available seasonally and the
consumers are reluctant to use synthetic tartaric
acid in pharmaceuticals, and wine. This remains a
primary obstacle which is hindering the growth of
the global tartaric acid market. Looking forward,
the market value is projected to reach a value of
around US 377 Million by 2023. Read
more here https//www.imarcgroup.com/tartaric-aci
d-technical-material-market-report-2
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Report Description and Highlights
Report Description

•  
• Market Summary
• On the basis of end-use, the global tartaric acid
  market has been segmented into food and beverage,
  and non-food applications. Amongst these, food
  and beverage applications account for the
  majority of the market share owing to the usage
  of tartaric acid for enhancing the flavour of
  carbonated beverages and in bakery in the form of
  a preservative and emulsifier.
• On a geographical front, Europe represents the
  largest market for tartaric acid. This is due to
  a rapid rise in the wine production across
  various European countries such as France, Italy,
  Germany and Spain. Europe is followed by the
  United States, Middle East/Africa, China, and
  Central/South America.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Caviro, Changmao Biochemical Engineering Company
  Ltd., Hangzhou Bioking Chemical Engineering
  Company Ltd., Industrias Vinicas and Legre Mante.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  432flagB

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Report Description and Highlights
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