The Tartaric Acid market is estimated to witness healthy growth with an expected CAGR of over 5% over the forecast period. The main factors driving the growth of the studied market are the increasing adoption of microencapsulation across the pharmaceutical and food industries, as well as increasing demand in the pharmaceutical industry.
Increasing government regulations on restricting the use of synthetic tartaric acid in the food industry could potentially hinder the growth of the tartaric acid market. Adoption of tartaric acid in a niche will open up opportunities for future markets. The Asia Pacific region is expected to dominate the tartaric acid market and is likely to show the highest CAGR during the forecast period.
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A full report of Tartaric Acid Market available at: https://www.orionmarketreports.com/tartaric-acid-market/22734/
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).
Tartaric Acid Market Segments:
By Type
• Natural Tartaric Acid
• Synthetic Tartaric Acid
By Application
• Preservative and Additive
• Laxative
• Intermediate
• Other Applications
By End-user Industry
• Food and Beverage
• Pharmaceutical
• Cosmetics
• Construction
• Other End-user Industries
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
