World tartaric acid market demand is expected to grow at an annual average of 5.3% from 2015 to 2020 at 63.83 kilotons in 2014. Increasing wine consumption is expected to remain a key driver of global market growth during the forecast period. Increasing wine consumption in emerging Asia Pacific markets is expected to further complement global market growth. Tartaric acid is widely used as a preservative and additive in food and beverages.
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The Report includes Several Company Profiles of who are market key players
Tartaros Gonzalo Castello
Australian Tartaric Products
Ninghai Organic Chemical Factory
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Due to the antioxidant properties of tartaric acid, its application to functional foods and energy drinks is increasing. High demand in the food and beverage industry is expected to boost global market growth. The increasing popularity of packaged foods with increasing living standards is expected to have a positive impact on global market growth. Tartaric acid is used as an excipient for the manufacture of antibiotics and cardiac enhancers. It is anticipated that growth will be further complemented by increased use in the construction industry as a component of gypsum.
The study objectives are:
To analyze and research the global Tartaric Acid for Food & Beverages status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Tartaric Acid for Food & Beverages manufacturers, capacity, production, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Tartaric Acid for Food & Beverages are as follows:
History Year: 2014-2019
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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