UAE Tartaric Acid Market Analysis by Share, Growth, Overview, Trends, Demand & Size
UAE tartaric acid market?is projected to grow at a robust rate during the forecast period. The market growth can be attributed to the growing demand for tartaric acid as a leavening agent along with baking soda to raise dough for bakery items. Tartaric acid is widely used in fruit juices, confectionary goods, pharmaceuticals, etc. Besides, technological innovations such as micro-encapsulation and higher demand for tartaric acid in sports & protein drinks and nutritional bars as well as the introduction of fruit-flavored beverages by market players are some of the factors boosting the growth of the UAE tartaric acid market. Moreover, the rising use of tartaric acid in functional foods due to its antioxidant properties and the increasing use of tartaric acid as a preservative and emulsifier in packaged foods are expected to propel the growth of the UAE tartaric acid market. Growing demand for natural ingredients in food & beverage products, owing to an enhanced focus on health and rising personal disposable income are some of the factors propelling the growth of the UAE tartaric acid market.
With rising internet penetration and growing social media presence, people are becoming more conscious of their physical appearance, which is adding to the demand for soaps, skincare products, suntan creams, hair care products, etc. This has led to increased adoption of tartaric acid, which acts as a skin coolant and effective cleansing agent in personal care products. Besides, tartaric acid is used for the purpose of providing coatings in the manufacturing of capsules and pellets, which helps in better drug layering and coating. Thus, the growing use of tartaric acid across various end-user industries is expected to fuel the growth of the UAE tartaric acid market in the coming years.
UAE tartaric acid market is segmented into source, type, derivatives, application, company, and region. Based on type, the market is divided into natural and synthetic.?The?synthetic segment is expected to hold the largest market share in the forecast period as tartaric acid produced is chemically synthesized in laboratories. 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 as an emulsifier, preservative, and leavening agent.
Some of the leading players in the UAE Tartaric Acid Market
The objective of the Study:
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TechSci Research?performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Tartaric Acid manufacturers?in UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the Tartaric Acid manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retailers, distribution channels, and presence of all major Tartaric Acid manufacturers in the UAE.
TechSci Research calculated the market size of the UAE?tartaric acid market using?a bottom-up approach, where data for various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
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
Dubai, Abu Dhabi, Sharjah, Rest of UAE
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)
Report Scope:
In this report, UAE tartaric acid market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles:?Detailed analysis of the major companies present in Tartaric Acid Market segment.
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Table of Content
4.1.1.?????Brand Awareness
4.1.2.?????Brand Satisfaction
4.1.3.?????Factors Influencing Purchase Decisions
4.1.4.?????Product Awareness
6.1.??Market Size & Forecast
6.1.1.?????By Value & Volume
6.2.??Market Share & Forecast
6.2.1.?????By Source (Grapes & Sun-Dried Raisins, Maleic Anhydride and Others)
6.2.2.?????By Type (Natural and Synthetic)
6.2.3.?????By Derivative (Cream of Tartar, Rochelle Salt and Tartar Emetic and Others)
6.2.4.?????By Application (Food & Beverages, Cosmetics & Personal Care Products, Pharmaceuticals and Others)
6.2.5.?????By Company
6.2.6.?????By Region
6.3.??Market Attractiveness Index
7.1.??Market Size & Forecast
7.1.1.?????By Value & Volume
7.2.??Market Share & Forecast
7.2.1.?????By Type
7.2.2.?????By Application
8.1.??Market Size & Forecast
8.1.1.?????By Value & Volume
8.2.??Market Share & Forecast
8.2.1.?????By Type
8.2.2.?????By Application
9.1.??Market Size & Forecast
9.1.1.?????By Value & Volume
9.2.??Market Share & Forecast
9.2.1.?????By Type
9.2.2.?????By Application
10.1.?Drivers
10.2.?Challenges
15.1.?Company Profile
15.1.1.??Caviro Group
15.1.2.??Omkar Specialty Chemicals
15.1.3.??ATP Group Changmao Biochemical Engineering
15.1.4.??Distillerie Mazzari
15.1.5.??Distillerie Bonollo
15.1.6.??Pahi
15.1.7.??Derivados Vinicos
15.1.8.??Merck
15.1.9.??Tarac Technologies
?16. Strategic Recommendations