The tartaric acid market was valued at USD 204.0 million in 2016; it is projected to grow at a CAGR of 5.7%, to reach USD 285.6 million by 2022. The basic objective of the report is to define, segment, and project the global market size for tartaric acid on the basis of application, source, type, and region. Other objectives include analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, analyzing the macro and microeconomic indicators of this market to provide factor analysis and to project the growth rate of the tartaric acid market. The base year considered for the study is 2016, while the forecast period considered is from 2017 to 2022.
Tartaric acid is an odourless white crystalline powder, and can be extracted from fruits such as grapes, bananas, apricots, and tamarind. The major applications of tartaric acid include wine, fruit juices, baked food, pharmaceutical, which has garnered significant attention in the last few years. Tartaric acid is largely used in the wine industry to maintain the pH level in wines; and in bakery industry as a raw material for the manufacturing of food emulsifiers used for bread improvement. Tartaric acid also finds application as a food preservatives and flavor enhancer in the food & beverage industry.
Food&farming 