Global Tartaric Acid Market By Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Source (Maleic Anhydride, Grapes & Sun-dried raisins, Others ), Type (Natural, Synthetic ), Application (Food & Beverages, Pharmaceuticals, Cosmetics, And Personal Care Products, Others ), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029.

Updated On: June, 2024
ID: 14027
Pages: 150

Global Tartaric Acid Market Size (2024 to 2029)

Global tartaric acid market share value is expected to grow at a CAGR of 5.7% during the forecast period 2024 to 2029 to reach USD 517.4 million by 2029 and 392.1 million by 2024.

MARKET OVERVIEW

Tartaric acid, also known as dihydroxybutane dioic acid, is a dicarboxylic acid widely found in plants. It is utilized in various food and industrial applications, along with its salts like cream of tartar and Rochelle salt. These substances are derived from by-products of wine fermentation. The demand for tartaric acid is significant across multiple sectors, including FMCG, pharmaceuticals, cosmetics, food & beverages, and more. Recently, tartaric acid has gained popularity as a common ingredient in skincare products due to its beneficial properties like keratolytic and astringent effects. Its salts are also used in cosmetics and personal care items as pH adjusters. Tartaric acid is known to moisturize the skin, boost metabolism, promote healing, and possess anti-aging properties. Considering the high market demand for tartaric acid by major industries, it is expected for the global tartaric acid market to have a high CAGR throughout the forecast period.

The emergence of cost-effective production methods for tartaric acid presents untapped opportunities in the market. Governments are increasingly investing in green and sustainable research and development. For instance, the chemical industry is now adopting green organic synthesis methods to produce tartaric acid, aiming to enhance overall electrochemical process profitability and reduce production costs effectively. These advancements in eco-friendly production techniques are set to drive further growth and innovation in the tartaric acid market.

MARKET DRIVERS

The major factor that is expected to drive the global tartaric acid market is the expansion of the wine industry worldwide.

Tartaric acid plays a crucial role in the wine industry, where it is utilized to lower the pH and impart tartness to wines. The tartaric acid market growth is expected to be driven in part by the high demand for wine from European countries. European countries, especially Portugal, Italy, and France, have well-established wine markets with remarkably high per capita consumption, exceeding 35 liters per person annually. In comparison, countries like Australia, the US, and China have lower per capita wine consumption figures, indicating the significant dominance of Europe in wine consumption, accounting for 58% of volume and 50% of total value worldwide. This demand for wine from Europe is likely to fuel the global tartaric acid market as winemakers are required to maintain and enhance the quality of their products. As a result, tartaric acid's importance in the wine industry is set to contribute to the market growth and dynamics of the global tartaric acid market. With the USA, China, and France being the most prominent wine markets and Germany, the USA, and the United Kingdom being major importers, the global tartaric acid market is expected to experience continuous expansion, with a significant CAGR during the projected period.

MARKET RESTRAINTS

The factors likely to hampers the growth of the global tartaric acid market are the restrictions and regulations imposed by government authorities in food-grade and pharmaceutical-grade applications. In this aspect, the synthetic tartaric acid has to pass through various basic food acts. For instance, in India, specific legislations govern the import of food products that limit the use of tartaric acid as an emulsifying or stabilizing agent unless expressly permitted. This is because synthetic and pure tartaric acid consumption has been associated with adverse effects like vomiting, diarrhea, abdominal pain, increased thirst, and gastrointestinal inflammation. These stringent regulations and limitations imposed by government authorities can hinder the market's expansion, particularly in the food and pharmaceutical sectors, where tartaric acid plays a crucial role as an additive and stabilizer. Thus, manufacturers and suppliers in the tartaric acid industry may need to explore alternative formulations or seek approval for specific applications.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.7%

Segments Covered

By Source Type, Type, Application, & Region

Various Analyses Covered

Global, Regional, and country-level analysis; Segment-Level Analysis; DROC, PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

Market Leaders Profiled

 

Distillerie Mazzari S.p.A,  Merck KaAG, THE CHEMICAL COMPANY,  Industria Chimica Valenzana S.P.A,  Comercial Química Sarasa S.L,  Alvinesa,  Tártaros Gonzalo Castello, SL, Thirumalai Chemicals Ltd,  Distillerie Bonollo,  Legre-Mante S.A, Henriette’s Herbal.

  

SEGMENTAL ANALYSIS

Global Tartaric Acid Market By Source

Based on the source, maleic anhydride held the dominant position in the 2023 global tartaric acid market, accounting for over 55% of the market share.

The high demand for synthetic tartaric acid is mainly driven by its reliance on maleic anhydride as a key component in the production process. For instance, the global market demand for maleic anhydride amounted to nearly 2.9 million metric tons. It is predicted to grow to roughly 3.65 million metric tons globally in the year 2028. The cost-effectiveness and widespread availability of synthetic tartaric acid has led to its extensive demand across various industries, including food, beverages, and pharmaceuticals. After the maleic anhydride segment, the grape and sundried resins source segment emerges as the second most dominating segment in the market. Grapes are the primary natural source of tartaric acid, as it is present as potassium salt in grape leaves and fruits. Natural and organic tartaric acids are also in demand due to the adoption of a healthy lifestyle by consumers. Thus, it is also anticipated to grow at a substantial rate throughout the projection period.

Global Tartaric Acid Market By Type

Based on type, synthetic type of tartaric acid has dominated the global tartaric market in 2023.

The competition between natural and synthetic variants centers mainly on price, with the synthetic option being more cost-effective. As a result, there has been a notable trend toward higher adoption of synthetic tartaric acid in the market, representing around 60% of the market share in 2023, a significant increase from its 30% share in 2006. Synthetic tartaric acid finds diverse applications, serving as an acidulant in wine, food, and beverages, a key ingredient for producing emulsifiers, a pharmaceutical excipient and buffering agent, an effervescent component in antacids, and a set retarder in gypsum and concrete. Mainland China leads as the largest producer of synthetic tartaric acid.On the other hand, the primary natural tartaric acid suppliers are wine-producing markets like Italy, Spain, Argentina, Chile, and Australia. This natural tartaric acid is also expected to contribute to the global tartaric market during the forecasted period.

Global Tartaric Acid Market By Application

Based on application, food & beverages emerged as the dominant segment in the global tartaric acid market, capturing a revenue share exceeding 40%.

The major contributor to this demand is the wine industry, where tartaric acid plays a crucial role as one of the key components in wine production. The growing global consumption of wine has significantly boosted the demand for tartaric acid, and this trend is expected to continue at a substantial rate throughout the forecast period. For instance, according to a report by the International Organisation of Vine and Wine, in 2022, global wine consumption is estimated to reach 232 million hectoliters (mhl), showing a decline of 2 mhl compared to the consumption in 2023.Additionally, in the pharmaceutical industry, tartaric acid is also highly valued. It is a common ingredient in various pharmaceutical products, including antibiotics, effervescent powders, and tablets, and as an excipient in the formulation of certain medicines. These diverse applications in the food, beverages, pharmaceutical industries, and many more are expected to contribute to the expanding global tartaric acid market.

REGIONAL ANALYSIS

Based on region, the global tartaric acid market will be dominated by Europe in 2023.

Due to its significant wine production, and wine consumption, it is expected to record the highest market share during the forecasted period. For instance, a notable event, ProWein, witnessed an increase in trade-only visitors to 61,500 (from 60,500 in 2018) from 142 countries during the March 2019 gathering. This concludes that there is a high demand for wines in European countries, which eventually drives the tartaric acid market worldwide. Following Europe is the North American tartaric acid market, which is projected to show favorable growth driven by the rising pharmaceutical industry demand. Furthermore, the Asia Pacific region is set to experience robust growth, primarily due to the rapid expansion of the wine industry in the region. Additionally, the flourishing food and beverage sector, with increasing consumption of bakery products, will drive the demand for tartaric acid. The growing export of tartaric acid from China to Europe and North America is expected to further fuel the market growth in the region.

KEY PLAYERS IN THE GLOBAL TARTARIC ACID MARKET

Key Market Players Of Global Tartaric Acid Market are Distillerie Mazzari S.p.A,  Merck KaAG, THE CHEMICAL COMPANY,  Industria Chimica Valenzana S.P.A,  Comercial Química Sarasa S.L,  Alvinesa,  Tártaros Gonzalo Castello, SL, Thirumalai Chemicals Ltd,  Distillerie Bonollo,  Legre-Mante S.A, Henriette’s Herbal.

RECENT HAPPENINGS IN THE MARKET

In June 2023, Merck, a leading company, is making a significant investment of around €70 million to bolster its reagent manufacturing facilities in China. Merck is expanding the production capacity of highly-purified reagents at their Nantong site. Nantong, situated in the Yangtze River Delta region, is a vital transportation hub, making it an ideal location for this strategic development initiative.

DETAILED SEGMENTATION OF THE GLOBAL TARTARIC ACID MARKET INCLUDED IN THIS REPORT

This research report on the global tartaric acid market has been segmented and sub-segmented based on source, type, application, and region.

By Source

  • Maleic Anhydride
  • Grapes & Sun-dried raisins
  • Others (apricot, tamarind, banana, apples)

By Type

  •  Natural 
  •  Synthetic

By Application

  •  Food & Beverages
  •  Pharmaceuticals
  •  Cosmetics and personal care products
  •  Others

By Region

  • North America 
  • Europe 
  • Asia-Pacific 
  • South America 
  • Middle East & Africa

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Frequently Asked Questions

1.What are the common applications of tartaric acid?

Tartaric acid is widely used in the food and beverage industry as an acidulant, stabilizer, and leavening agent. It is also used in the pharmaceutical and cosmetic industries for various applications.

2.What are the primary sources of tartaric acid?

The primary source of tartaric acid is grapes, particularly grape skins. Tartaric acid is a byproduct of winemaking, and it is obtained during the fermentation and aging processes.

3. What is the major driving factor for the global tartaric acid market?

The expansion of the wine industry is majorly driving the demand of the market.

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