Market Research Reports

The global market for tartaric acid is fragmented with a handful of players that operate globally, says Transparency Market Research (TMR) in a new report. The market holds a cohesive vendor landscape wherein producers of natural tartaric acid procure lees from other wine producers and wine cooperatives for mutual gains. Asia Pacific has a large number of producers of synthetic tartaric acid with China accounting for large synthetic tartaric acid production capacity. Some key players in the global tartaric acid market include Caviro Distilleries S.R.L., American Tartaric Products Inc., and Omkar Specialty Chemicals Ltd among others. According to the report, the global tartaric acid market stood at US$1.85 bn in 2013 and is expected to be worth US$3.16 bn by 2022 at a CAGR of 6.2% between 2014 and 2022.  Obtain Report Details @  http://www.transparencymarketresearch.com/tartaric-acid-market.html Food and Beverage End-use Segment held Significant Share in...

Driven primarily by the vigorous wine industry in Asia Pacific and Latin America, the tartaric acid market is expected to exhibit a 6.2% CAGR between 2014 and 2022, says Transparency Market Research’s latest report. The study, titled ‘ Tartaric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022 ,’ estimates the  global tartaric acid market  at US$1.85 billion in 2013 and expects it to reach a valuation of US$3.16 billion by the end of 2022. By volume, the market approximated 80.2 kilo tons in 2013, says the report. The ability and willingness of Asian and Latin American consumers to spend more on wine is seen to be the central force in the tartaric acid market globally. Alcoholic beverages and wine form an integral part of the burgeoning luxury products market in these regions. Another factor that substantially ups the demand for tartaric acid globally is the demand for the substance as an organic excipient in the pharmaceutica...