Tartaric Acid Market- Global Industry Analysis and Forecast 2014 – 2022
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Date Submitted: 07/30/2015 10:22 PM
Transparency Market
Research
Tartaric Acid Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2022
Published Date
30-April-2015
105 Page Report
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Press Release
Demand for Tartaric Acid to Remain Steady Thanks to F&B
Industry; Market Worth US$3.16 by 2022 : TMR
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Tartaric Acid Market
REPORT DESCRIPTION
Tartaric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022
Driven primarily by the vigorous wine industry in Asia Pacific and Latin America, the tartaric acid market is
expected to exhibit a 6.2% CAGR between 2014 and 2022, says Transparency Market Research’s latest
report. The study, titled ‘Tartaric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2022,’ estimates the global tartaric acid market at US$1.85 billion in 2013 and expects it to
reach a valuation of US$3.16 billion by the end of 2022. By volume, the market approximated 80.2 kilo tons in
2013, says the report.The ability and willingness of Asian and Latin American consumers to spend more on
wine is seen to be the central force in the tartaric acid market globally. Alcoholic beverages and wine form an
integral part of the burgeoning luxury products market in these regions. Another factor that substantially ups
the demand for tartaric acid globally is the demand for the substance as an organic excipient in the
pharmaceutical industry. In the GCC region, an upswing in construction activities will create new growth
avenues for companies in the tartaric acid market.
Browse the full Tartaric Acid Market for Wine, Food & Beverages, Construction, Pharmaceuticals and
Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022
report at :...
