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Global Tartaric Acid Market Overview 2018, Demand by Regions, Share and Forecast to 2023

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Get more information about the market: According to the latest report by IMARC Group, titled “Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global tartaric acid market reached a value of more than US$ 289 Million in 2017, growing at a CAGR of nearly 6% during 2010-2017. Want more information about this market? Request a free report sample: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter : @imarcglobal – PowerPoint PPT presentation

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Title: Global Tartaric Acid Market Overview 2018, Demand by Regions, Share and Forecast to 2023


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    Global Tartaric Acid Market Stimulated by
Flourishing Food and Beverage Industry

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
Global Tartaric Acid Market Stimulated by
Flourishing Food and Beverage Industry The global
tartaric acid market has been witnessing a
positive growth over the past few years. This can
be accredited to various factors such as health
benefits offered by tartaric acid, thriving food
and beverage industry, and rising consumption of
wine across the globe. According to the latest
report by IMARC Group, titled Tartaric Acid
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
the global tartaric acid market reached a value
of more than US 289 Million in 2017, growing at
a CAGR of nearly 6 during 2010-2017. Tartaric
acid is a naturally occurring white carboxylic
acid which is present in different types of
plants such as bananas, apricots, apples, grapes
and tamarinds. Apart from this, it can also be
synthetically manufactured from maleic anhydride.
Tartaric acid first came into recognition in the
late 1760s, when it was isolated by Carl Wilhelm
Scheele who boiled tartar with chalk and then
decomposed it with sulfuric acid. With time, it
also played a vital role in the discovery of
chemical chirality which later helped in the
production of a pure sample of levotartaric acid.
At present, tartaric acid along with its salts
are also used as preservative, flavour enhancer,
acidulant, stabiliser, chelating agent and
emulsifier. One of the major factors which is
driving the growth of the tartaric acid market is
the rising awareness among consumers regarding
the health benefits offered by tartaric acid such
as increasing production of collagen, enhancement
of energy generation in the body as well as
boosting of metabolism.
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Report Description and Highlights
Report Description
In addition to this, tartaric acid acts as a
primary raw material in the process of winemaking
which has consequently propelled the overall
demand for tartaric acid across the globe. Other
than this, tartaric acid is also used in the in
the processing of gypsum as an anti-caking agent
as well as in the production of cement in the
form of a set-retardant and anti-solidifying
agent. These are some of the other forces which
are contributing towards the overall market
growth. However, the feedstock for natural
tartaric acid is available seasonally and the
consumers are reluctant to use synthetic tartaric
acid in pharmaceuticals, and wine. This remains a
primary obstacle which is hindering the growth of
the global tartaric acid market. Looking forward,
the market value is projected to reach a value of
around US 377 Million by 2023. Read
more here https//www.imarcgroup.com/tartaric-aci
d-technical-material-market-report-2
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Report Description and Highlights
Report Description
  •  
  • Market Summary
  • On the basis of end-use, the global tartaric acid
    market has been segmented into food and beverage,
    and non-food applications. Amongst these, food
    and beverage applications account for the
    majority of the market share owing to the usage
    of tartaric acid for enhancing the flavour of
    carbonated beverages and in bakery in the form of
    a preservative and emulsifier.
  • On a geographical front, Europe represents the
    largest market for tartaric acid. This is due to
    a rapid rise in the wine production across
    various European countries such as France, Italy,
    Germany and Spain. Europe is followed by the
    United States, Middle East/Africa, China, and
    Central/South America.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    Caviro, Changmao Biochemical Engineering Company
    Ltd., Hangzhou Bioking Chemical Engineering
    Company Ltd., Industrias Vinicas and Legre Mante.
  • Want more information about this market? Request
    a free report sample
  • https//www.imarcgroup.com/request?typereportid
    432flagB

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Report Description and Highlights
Browse More Related Reports  Boric Acid
Market https//www.imarcgroup.com/boric-acid-tech
nical-material-market-report Oxalic Acid Market
https//www.imarcgroup.com/oxalic-acid-technical-m
aterial-market-report
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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
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