Less Availability of Raw Materials Results in Higher Production Costs

 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 Market

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This report includes estimations of the market size in terms of value (USD million). Both the top-down and bottom-up approaches have been used to estimate and validate the size of the global tartaric acid market and to estimate the size of various other dependent submarkets. The key players in the market have been identified through secondary research. Sources include press releases; paid databases such as Factiva and Bloomberg; annual reports; and financial journals. Their market shares in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources. The figure below shows the breakdown of the profiles of the industry experts that participated in the primary discussions.

The key players that are profiled in the report include 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).

This report is targeted at the existing players in the industry, which include the following:

  • Food & beverage regulatory organizations
  • Tartaric acid manufacturers, suppliers, distributors, and retailers
  • Food & beverage product manufacturers, suppliers, distributors, and retailers 

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