Tartaric Acid Market: Food & beverages segment is estimated to be the largest in the global market

The tartaric acid market is projected to grow at a CAGR of 5.77% from 2017 to 2022. Tartaric acid is an essential additive in bakery items where it functions as a leavening agent when mixed with baking powder. It also enhances fruit flavours and stabilizes batter systems and colour in baked foods. During winemaking, tartaric acid extracts act as buffers to regulate antioxidants, acidity, and as preservatives; in other food items, it acts as natural flavor enhancers, and food emulsifiers.


The tartaric acid market, on the basis of application, is segmented into the food & beverages, pharmaceuticals, cosmetics, and personal care, and others segments. In 2016, the food & beverages segment accounted for the largest share in terms of both value and volume, as tartaric acid is majorly used as preservatives and emulsifiers. The growing demand for packaged food in economies around the world is expected to boost market growth during the forecast period.

Consumption of tartaric acid in food & beverages is expected to grow, along with the increasing demand for processed food and ready-to-drink beverages, and improvements in living standards in developing markets, including countries in the Asia Pacific region. Tartaric acid has a larger role to play in winemaking and the finished product of wine, where acids are an important component. Tartaric acid is present in both wine and grapes, which have direct influences on the color, balance, and taste of the wine.

Now-a-days, there is a trend among consumers toward opting for natural ingredients in food & beverage products, which leads to growth in the demand of naturally extracted tartaric acid.

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The key players are Caviro Group (Italy), ATP Group (US), Merck (Germany), Omkar Specialty Chemicals (India), Changmao Biochemical Engineering (China), Tarac Technologies (Australia), PAHI (Spain), Distillerie Mazzari (Italy), Distillerie Bonollo (Italy), Derivados Vinicos (Argentina), Industrias Vinicas (US), and Tártaros Gonzalo Castelló (Spain).

 

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