Global Tartaric Acid Market was valued US$ 102.3 Mn. in 2020 and is expected to grow at CAGR of 5.77%, reaching US$ 295.6 Mn. during the forecast period 2020 to 2027. The market is growing due to rising awareness, industrial applications and increasing demand for wine production.
Global Tartaric Acid Market, By Region
Tartaric Acid is a white crystalline organic dicarboxylic acid, commonly known as cream of tartar, found naturally in plants particularly in tamarinds & grapes and in many fruits. It is used in all kinds of food except untreated foods and used as an antioxidant, develop naturally in the process of winemaking. It is also used as a food additive that functions as a leavening agent when combined with baking soda.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The market study offers a comprehensive analysis of the business models, key influencing factors, market strategies, statistical analysis, Trends and respective market shares of some of the most prominent players in this landscape.