Dublin, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/wn...l_tartaric ) has announced the addition of the "Global Tartaric Acid Market 2015-2019" report to their offering. The market research analyst predicts the global tartaric acid market to grow at a moderate rate of around 4% during the forecast period. The growth of the food and beverages industry due to the rising demand for packaged food is driving the growth of this market. The rise in disposable income coupled with the growing middle-class population in the BRIC countries is also contributing to the growth of this market. The health benefits associated with tartaric acid is also expected to drive the market growth during the forecast period. It stimulates metabolism and upsurges energy production in the body. Tartaric acid also helps in increasing collagen production and reduces aging of the skin. The beverages segment dominated the global tartaric acid market during 2014. The research report estimates this segment to grow at a moderate rate of 4% during the forecast period. Tartaric acid is used in carbonated beverages to enhance the flavor. It is significantly used in powdered mixes in sports drinks and dry soup mixes due to its fast dissolution rate and flavor enhancement abilities.
APAC accounted for the around 45% of the market share during 2014 and is expected to lead the global market during the forecast period, growing at a rate of around 5%. The rapid economic development and the rise in disposable income in this region are the fundamental growth drivers. China is the largest consumer of tartaric acid products in this region. The global tartaric acid market is highly competitive due to the entry of private providers into the market. The market is predicted to witness an increased number or mergers and R&D during the forecast period.
Segmentation by application and analysis of the tartaric acid market
- Beverages
- Confectionery and food
- Others (meat processing, textiles, detergents, building materials, pharmaceutical ingredients, frozen food)
The key vendors in the market are
- Anhui Sealong
- Bartek
- Changmao Biochemical
- FUSO
- Polynt
- Thirumalai Chemicals
- Yongsan Chemicals
Other prominent vendors in the market include
- Miles Chemical
- Prinova
- Wego Chemicals & Minerals
- U.S. Chemicals.
Key Topics Covered: Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Introduction Part 05: Market segmentation by isomers Part 06: Market segmentation by derivatives Part 07: Market segmentation by end use Part 08: Geographical segmentation Part 09: Market drivers Part 10: Impact of drivers Part 11: Market challenges Part 12: Impact of drivers and challenges Part 13: Market trends Part 14: Vendor landscape Part 15: Key vendor analysis Part 16: Appendix For more information visit http://www.researchandmarkets.com/research/wn...l_tartaric
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