Europe Accounts for More than 53% of the Global Tartaric Acid Market, According to New Report By Global Industry Analysts, Inc.
Tartaric acid is a natural organic acid contained in grapes, especially wine dregs, which are transformed into calcium tartrate after extraction of residual alcohol. Tartaric acid finds application in food processing industry, chemical and pharmaceutical industry and construction industry. Global demand for tartaric acid is expected to reach 58 thousand tons by 2012.
San Jose, CA (PRWEB) April 16, 2008 -- Wine production represents one of the major end-uses of tartaric acid. Among non-food applications, cosmeceuticals and nutraceuticals offer high growth opportunities for tartaric acid. Global tartaric acid market is expected to grow at a compounded annual rate of approximately 2.25% over the period 2001-2010, as stated in a recent report published by Global Industry Analysts, Inc. Worldwide demand for tartaric acid in food & beverage is expected to be around 28 thousand tons in 2010. Tartaric acid demand in Latin America is expected to cross the 10-thousand tons mark in 2010.
Major players in the marketplace include Caviro, Changmao Biochemical Engineering, Hangzhou BioKing Biochemical, Industrias Vinicas, Legre-Mante, Ninghai Organic Chemical Factory, Tarac Technologies, Thirumalai Chemicals and Toray.
"Tartaric Acid: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides product profile, recent developments, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific and Latin America. Analytics for the period 1991 through 2015 are provided in terms of end use segments including food & beverage and non-food applications.
For more details about this research report, please visit
http://www.strategyr.com/Tartaric_Acid_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.strategyR.com/
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