Tartaric Acid Market

Tartaric Acid Market Outlook

As per rigorous research by ChemView Consulting, our analysts believe that the global tartaric acid market will grow at a 5.6% CAGR during the period 2023–2033 to reach a valuation of US $707.3 million by 2033.

Key Findings on the Tartaric Acid Market

1. Which is the largest market for tartaric acid?

The biggest market for tartaric acid is Europe. As per our analysis, Europe holds nearly 32.6% share of the tartaric acid market.

2. What is the largest application segment within the tartaric acid market?

As per ChemView Consulting, the largest segment by application is food & beverage. As per our analysis, this segment accounts for nearly 58.9% of total revenues.

3. At what rate is the tartaric acid market expected to grow?

The tartaric acid market is expected to grow at a CAGR of 5.6% during the period 2023–2033.

4. What are the major trends influencing the tartaric acid market?

• Rising Popularity in Wine Production: Tartaric acid is an vital component in winemaking, and as wine consumption grows worldwide, so does the demand for tartaric acid.
• Natural and Clean Label Trends: Consumers are increasingly looking for natural and clean label ingredients. Tartaric acid, obtained from grapes, corresponds to this trend as a natural acidulant.

5. Who are the leading players in the tartaric acid market?

The key companies in the tartaric acid market are Legre-Mante S.A., The Tartaric Chemicals Corporation, Thirumalai Chemicals Limited, Azelis, Distillerie Bonollo, Alvinesa Natural Ingredients, Commercial Qumica Sarasa S.L., Merck & Co., Inc., Tártaros Gonzalo Castello, SL, and Industria Chimica Valenzana I.C.V. SpA.

Key Drivers for Tartaric Acid Demand

• Tartaric acid is used in pharmaceuticals due to its chiral characteristics, making it a key component in drug synthesis. The expansion of the pharmaceutical business, particularly in emerging economies, leads to a rise in tartaric acid demand.
• In addition, tartaric acid is found in cosmetics and personal care products as an exfoliant and pH adjuster. Thus, the demand for tartaric acid is driven by the expanding cosmetics and skincare sectors.
• Furthermore, tartaric acid is widely used in the food and beverage industries as an acidulant and stabilizer. Thus, the usage of tartaric acid in foods and beverages is anticipated to increase as customer preferences shift towards natural and clean-label products.

Key Challenges Inhibiting Demand for Tartaric Acid

• Tartaric acid production varies seasonally due to the harvest cycles of grapes and citrus fruits. As a result, there may be variations in availability and price shifts throughout the year.
• Moreover, tartaric acid prices might fluctuate due to variables such as changes in demand, currency exchange rates, or geopolitical events. Price volatility can make it difficult for manufacturers to properly plan and budget.

Key Challenges & Opportunities for Tartaric Acid Manufacturers

• Maintaining consistent quality and purity requirements for tartaric acid is critical for manufacturers. Variations in grape quality, processing processes, and equipment can all lead to quality control issues.
• However, expansion into emerging markets with rising middle classes and higher disposable income might provide firms with new prospects. Thus, these markets may have high demand for tartaric acid in a variety of applications.

Country/Region-wise Insights

US Tartaric Acid Market Forecast 

• Rising consumer demand for natural-ingredient foods and beverages in the US market is projected to observe significant growth in the estimated period.
• In addition, the pharmaceutical and cosmetic sectors are aware of the positive effects of tartaric acid in their formulations, and the developing wine business in the United States is driving up demand.

Europe Tartaric Acid Market Outlook 

• Consumers’ growing demand for natural and clean-label products in the Europe market is anticipated to drive sales in the market over the assessment period. The Europe tartaric acid market is likely to account for 32.6% of the total market share.
• Moreover, as sustainability and environmental consciousness gain traction, the use of tartaric acid as a natural acidulant aligns with the region’s commitment to environmentally benign practices.

Japan Tartaric Acid Market Forecast

• A growing need for tartaric acid in a variety of industries, including food and beverage, pharmaceuticals, and cosmetics, in the Japan market is anticipated to drive the market over the forecasted period.
• Additionally, the government’s support for research and development in these industries, as well as an increasing emphasis on sustainable and eco-friendly production methods, are projected to contribute to the increase in tartaric acid demand.

China & India Tartaric Acid Market Forecast

• The agriculture sector is rapidly adopting new farming practises that make use of tartaric acid-based insecticides and fertilisers in the China & India markets, which is anticipated to fuel the market over the forecast period.
• In addition, the pharmaceutical and cosmetic sectors in China and India are expanding rapidly, and tartaric acid plays an important role in these industries as an essential component in medicine formulations and cosmetics.

Tartaric Acid Market Outlook & Forecast by Segmentation

By Source 

Based on source, the maleic anhydride segment is expected to remain at the forefront of tartaric acid market share over the assessment period. The growth is mainly because maleic anhydride is frequently more cost-effective than other raw materials in tartaric acid synthesis. Its low cost makes it an appealing option for manufacturers, allowing them to keep manufacturing costs under control.

Furthermore, maleic anhydride is noted for its excellent purity and quality, both of which are required to produce high-grade tartaric acid. Industries that require tartaric acid with certain purity levels choose maleic anhydride as a starting material.

Furthermore, the continuous quality and availability of maleic anhydride on the market make it an attractive option for tartaric acid makers. The consistency of raw materials is critical for ensuring product quality and meeting regulatory criteria.

By Application  

Based on application, the food & beverage segment is set to account for 58.9% of the tartaric acid market share over the assessment period. The growth is because the beverage industry, particularly the wine and soft drink industries, rely largely on tartaric acid for its acidity and stabilizing characteristics. Tartaric acid aids in the prevention of tartrate crystal formation. It is used as an acidulant in the soft drink industry to produce a tangy flavour.

Furthermore, as customers become more health-conscious, there is a growing desire for natural ingredients and products with clean labels. Tartaric acid, a naturally occurring acid found in grapes, corresponds with these trends, making it a preferred choice for food and beverage businesses looking for natural additions.

Which Company Owns the Largest Share in the Tartaric Acid Market?

The key companies in the tartaric acid market are Legre-Mante S.A., The Tartaric Chemicals Corporation, Thirumalai Chemicals Limited, Azelis, Distillerie Bonollo, Alvinesa Natural Ingredients, Commercial Qumica Sarasa S.L., Merck & Co., Inc., Tártaros Gonzalo Castello, SL, and Industria Chimica Valenzana I.C.V. SpA.

Recent Developments:

• In March 2023, Azelis, a prominent provider of innovation services in the specialty chemicals and food additives industries, collaborates with Alvinesa Natural Ingredients to expand the Asia Pacific food and nutrition offering with natural ingredients.
• In October 2021, Alvinesa Natural Ingredients, a “circular economy” pioneer in plant-based ingredients, announced the introduction of a new brand, VinteraTM, for its portfolio of premium, natural, and recycled ingredients. Alvinesa’s natural ingredient portfolio includes natural colorings, natural tartaric acid, grape seed oil, polyphenols, and other upcoming creative launches in the works.

As per our analysis, the companies that hold the largest share in the market are

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Thirumalai Chemicals Limited

Founded in 1972 and with headquarters in India, it is a publicly traded corporation in India.

The Tartaric Chemicals Corporation

Based in Modesto, California, it is a business that provides reworking and repackaging services to the chemical and food ingredient industries.

Industria Chimica Valenzana I.C.V. SpA

Founded in 1946 and located in Borgoricco, it is a distributor and exporter of natural tartaric acid and alcohol.

Tártaros Gonzalo Castello, SL

Founded in 1907, it is a major manufacturer of tartaric acid products.

Merck & Co., Inc.

Established in 1891 and with headquarters in Rahway, New Jersey, United States, it is a global pharmaceutical corporation.

What Makes this Report More Insightful than Others?

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