Market outlook of the tartaric acid market
Technavios market research analyst predicts the global tartaric acid market to grow at a moderate rate of around 4% during the forecast period. The growth of the food and beverages industry due to the rising demand for packaged food is driving the growth of this market. The rise in disposable income coupled with the growing middle-class population in the BRIC countries is also contributing to the growth of this market.
The health benefits associated with tartaric acid is also expected to drive the market growth during the forecast period. It stimulates metabolism and upsurges energy production in the body. Tartaric acid also helps in increasing collagen production and reduces aging of the skin.
Segmentation by application and analysis of the tartaric acid market
• Beverages
• Confectionery and food
• Others (meat processing, textiles, detergents, building materials, pharmaceutical ingredients, frozen food)
The beverages segment dominated the global tartaric acid market during 2014. The research report estimates this segment to grow at a moderate rate of 4% during the forecast period. Tartaric acid is used in carbonated beverages to enhance the flavor. It is significantly used in powdered mixes in sports drinks and dry soup mixes due to its fast dissolution rate and flavor enhancement abilities.
Geographical segmentation and analysis of the global tartaric acid market
• APAC
• Europe
• Central and South America
• North America
• ROW
APAC accounted for the around 45% of the market share during 2014 and is expected to lead the global market during the forecast period, growing at a rate of around 5%. The rapid economic development and the rise in disposable income in this region are the fundamental growth drivers. China is the largest consumer of tartaric acid products in this region.
Competitive landscape and key vendors
The global tartaric acid market is highly competitive due to the entry of private providers into the market. The market is predicted to witness an increased number or mergers and R&D during the forecast period.
The key vendors in the market are –
• Anhui Sealong
• Bartek
• Changmao Biochemical
• FUSO
• Polynt
• Thirumalai Chemicals
• Yongsan Chemicals
Other prominent vendors in the market include Miles Chemical, Prinova, Wego Chemicals & Minerals, and U.S. Chemicals.
Key questions answered in the report include
• What will the market size and the growth rate be in 2019?
• What are the key factors driving the tartaric acid market?
• What are the key market trends impacting the growth of the global tartaric acid market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the tartaric acid market?
• Trending factors influencing the market shares of the APAC, Europe, Central and South America, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global tartaric acid market?
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PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Product definition
Market outlook
Market size and forecast by volume
Market size and forecast by revenue
Trade balance analysis
Five forces analysis
PART 05: Market segmentation by isomers
L-(+)-tartaric acid
D-(-)-tartaric acid
Racemic tartaric acid
Meso-tartaric acid
PART 06: Market segmentation by derivatives
Cream of tartar
Rochelle salt
Tartar emetic
PART 07: Market segmentation by end use
Food and beverages
General industries
Pharmaceutical industry
Cosmetics and other
PART 08: Geographical segmentation
Market outlook
Europe
APAC
North America
ROW
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Key vendors in 2014
Other prominent vendors
PART 15: Key vendor analysis
ATP
Caviro Distillerie
Changmao Biochemical
Chemical Industry Valencian
Distillerie Mazzari
Tártaros Gonzalo Castelló
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
Exhibit 01: Global tartaric acid market 7
Exhibit 02: Segmentation of global tartaric acid market 8
Exhibit 03: Global tartaric acid market by volume 2014-2019 (KT)
Exhibit 04: Global tartaric acid market by volume 2014-2019 ($ millions)
Exhibit 05: Trade balance analysis of tartaric acid 2005-2014 (KT)
Exhibit 06: Five forces analysis
Exhibit 07: Segmentation of global tartaric acid market 2014
Exhibit 08: Segmentation of global tartaric acid market 2019
Exhibit 09: Key properties and advantages
Exhibit 10: Global tartaric acid market for food and beverages 2014-2019 (KT)
Exhibit 11: Tartaric acid advantages
Exhibit 12: Food and beverages categorization — 1 in 2014
Exhibit 13: Food and beverages categorization — 2 in 2014
Exhibit 14: Global tartaric acid market for general industries 2014-2019 (KT)
Exhibit 15: Global tartaric acid market for pharmaceutical industry 2014-2019 (KT)
Exhibit 16: Global tartaric acid market for cosmetics and other applications 2014-2019 (KT)
Exhibit 17: Segmentation of global tartaric acid market 2014
Exhibit 18: Segmentation of global tartaric acid market 2019
Exhibit 19: Tartaric acid market in Europe 2014-2019 ($ millions)
Exhibit 20: Trade balance analysis of tartaric acid in key countries of Europe (KT)
Exhibit 21: Tartaric acid market in APAC 2014-2019 ($ millions)
Exhibit 22: Trade balance analysis of tartaric acid in key countries of APAC (KT)
Exhibit 23: Tartaric acid market in North America 2014-2019 ($ millions)
Exhibit 24: Trade balance analysis of tartaric acid in key countries of North America (KT)
Exhibit 25: Trade balance analysis of tartaric acid in ROW (KT)
Exhibit 26: Functions of tartaric acid
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Key vendors of global tartaric acid market in 2014
Exhibit 30: ATP: Business segmentation
Exhibit 31: Caviro Distillerie: Business segmentation
Exhibit 32: Changmao Biochemical: Business segmentation 2014 by revenue
Exhibit 33: Changmao Biochemical: Business segmentation by revenue 2013 and 2014 ($ billion)
Exhibit 34: Changmao Biochemical: Geographical segmentation by revenue 2014
Exhibit 35: Distillerie Mazzari: Product segmentation
Exhibit 36: Tártaros Gonzalo Castelló: Product segmentation
