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Growing Wine Industry Due To Increasing Consumption Driving The Tartaric Acid Market
The tartaric acid market market is primarily driven by the growth in the overall beverages market. Factors such as the growth of the wine industry, mainly in the Asia Pacific and South American countries; and the continual growth of the food industry, especially, the bakery industry in developed countries, contribute toward the growth of this market.
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Tartaric acid is an odourless white crystalline powder, and can be extracted from fruits such as grapes, bananas, apricots, and tamarind.
The major applications of tartaric acid include wine, fruit juices, baked food, pharmaceutical, which has garnered significant attention in the last few years. Tartaric acid is largely used in the wine industry to maintain the pH level in wines; and in bakery industry as a raw material for the manufacturing of food emulsifiers used for bread improvement. Tartaric acid also finds application as a food preservatives and flavor enhancer in the food & beverage industry.
On the basis of source, the grapes & sun-dried raisins segment accounted for the largest share in 2016. Most tartaric acid is sourced naturally from grapes & sun-dried raisins; most of which is obtained as a by-product of the wine-making process in the form of crystals. This extract has extensive application in the food industry.
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Europe accounted for the largest share of the tartaric acid market in 2016, followed by North America. The major drivers are the significant increase in the production of wine and the increasing use of natural tartaric acid in food. Another major factor is the rising exports from the European and North American countries, owing to the demand from countries such as India, Japan, Brazil, and Argentina. Additionally, the Middle Eastern countries are expected to drive the demand for tartaric acid in this region in the coming years.
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