Saudi Arabia tartaric acid market is predicted to grow at a robust rate during the next five years. The market growth can be attributed to the growing use of tartaric acid as an excipient in the manufacturing of medicines coupled with its increasing adoption as a basic component in the production of natural body creams and lotions. Besides, the rising use of tartaric acid in food and jams as an acidulant, leavening agent in cakes and pastries and as a preservative in food & beverages are expected to drive the growth of the Saudi Arabia tartaric acid market. High demand for additives from food manufacturers to enhance taste owing to rapidly growing food & beverage industry and rising consumption of processed foods and unique beverages are some of the factors propelling the growth of Saudi Arabia tartaric acid market. Additionally, market players in the tartaric acid market are increasingly investing to expand production capacities to meet the requirements of customers, which is expected to positively influence Saudi Arabia tartaric acid market. Since tartaric acid is considered as a low-risk ingredient, it is widely used for shampoos, hair conditioners, body washes, soaps, and other skincare products. Hence, rising application of personal care owing to high personal disposable income and enhanced focus on skincare are expected to propel the growth of Saudi Arabia tartaric acid market in the coming years. Moreover, fewer strict regulations pertaining to the manufacturing of tartaric acid and high investments by market players for technological innovations are anticipated to aid the market growth.
Saudi Arabia tartaric acid market is segmented into source, type, derivatives, application, company, and geography. Based on source, the market is fragmented into grapes & sun-dried raisins, maleic anhydride and others. The synthetic segment is expected to hold the largest market share in the forecast period as tartaric acid produced is chemically synthesised. Based on the application, food & beverage is expected to lead the market in the next five years owing to the widespread use of tartaric acid in packaged foods, baked items and soft drinks as an acidulant, emulsifier and preservative.
Some of the leading players in the Saudi Arabia Tartaric Acid Market are Caviro Group, Omkar Specialty Chemicals, ATP Group Changmao Biochemical Engineering, Distillerie Mazzari, Distillerie Bonollo, Pahi, Derivados Vinicos, Merck, Tarac Technologies, etc.
Objective of the Study
- To analyse and forecast the market size of Saudi Arabia tartaric acid market, in terms of value and volume.
- To classify and forecast Saudi Arabia tartaric acid market based on source, type, derivative application and regional distribution.
- To identify drivers and challenges for Saudi Arabia tartaric acid market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia tartaric acid market.
- To conduct the pricing analysis for Saudi Arabia tartaric acid market.
- To identify and analyse the profile of leading manufacturers in the Saudi Arabia tartaric acid market.
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Market insights research
Market insights research calculated the market size of Saudi Arabia
Key Target Audience
- Tartaric Acid Manufacturers
- Dealers and Suppliers
- Regulatory organizations.
- Food processing industries.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Trade Associations
- Food Safety Associations
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Source · Type · Derivatives · Application |
| Regional scope | Western Region, Central Region, Southern Region, Eastern Region, Northern Region |
| Key companies profiled | Caviro Group, Omkar Specialty Chemicals, ATP Group Changmao Biochemical Engineering, Distillerie Mazzari, Distillerie Bonollo, Pahi, Derivados Vinicos, Merck, Tarac Technologies. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
