Dublin, Nov. 13, 2024 (GLOBE NEWSWIRE) — The “India Tartaric Acid Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
India Tartaric Acid Market was valued at USD 25.26 Million in 2024 and is expected to reach USD 28.53 Million by 2030 with a CAGR of 2.25% during the forecast period
The rising consumption of processed foods and the expansion of the pharmaceutical sector are driving demand for tartaric acid. Additionally, the growth of the food and beverage industry in urban and semi-urban areas further supports market expansion. Major consumption hubs include metropolitan areas like Mumbai, Delhi, and Bangalore, where there are significant food processing and pharmaceutical industries. Key production facilities are concentrated in Gujarat and Maharashtra, known for their well-established chemical and food processing sectors.
Ongoing advancements in production technology and efficiency are contributing to market growth. Research into more sustainable and cost-effective production methods is also underway. The market is governed by food safety and pharmaceutical standards, which influence the quality and applications of tartaric acid. Compliance with these regulations is essential for market participants.
Maintaining high-quality production to meet both domestic and international standards remains a continuous challenge. Potential future growth could be driven by new applications in pharmaceuticals and specialty chemicals, alongside the continued expansion of the food and beverage industry. Advances in production technologies and sustainability practices are expected to shape the future trajectory of the market.
Emergence of Applications in Agriculture
Tartaric acid is being evaluated as a natural growth regulator, with the potential to promote healthier plant growth and enhance crop yields. Its application in soil conditioning helps adjust pH levels and improve soil health, which in turn facilitates better nutrient availability and boosts crop performance.
With a growing emphasis on sustainability, tartaric acid is increasingly being considered an environmentally friendly alternative for various agricultural applications. Its natural origin and biodegradability make it an attractive option for eco-conscious farming practices. In organic farming, where the use of synthetic chemicals is restricted, tartaric acid serves as a natural additive, including as an acidulant in soil treatments. The expanding use of tartaric acid in these agricultural applications reflects a broader trend towards utilizing natural and sustainable materials in farming, which not only enhances crop productivity but also aligns with increasing environmental and health consciousness.
Segmental Insights
Derivative Insights
Based on Derivative, the Potassium Tartrate (Cream of Tartar) emerged as the dominating segment in the Indian market for Tartaric Acid in 2024. The demand for baked goods and processed foods in India is on the rise, driven by factors such as increasing urbanization, evolving lifestyles, and a growing middle class. This trend ensures a consistent and substantial demand for cream of tartar. According to Invest India, the food processing sector’s market size is projected to grow from USD 866 billion in 2022 to USD 1.27 trillion by 2027. Cream of tartar plays a crucial role in many recipes and formulations, maintaining consistent quality and driving its ongoing demand.
It is a key ingredient in baking powders, widely used in the food and beverage industry to stabilize the leavening process by reacting with baking soda to generate carbon dioxide, which causes dough and batter to rise. This makes it essential for producing cakes, cookies, and other baked products. Additionally, cream of tartar stabilizes egg whites and enhances the texture and volume of whipped products like meringues and souffles, which are prevalent in both commercial kitchens and home settings. With a long history of use, cream of tartar has established a strong market presence and is well-recognized by professionals and home cooks alike. Its established production and supply chains make it cost-effective for broad use, reinforcing its dominant position in the market.
Application Insights
Based on Application, Cosmetics & Personal Care Products emerged as the fastest growing segment in the Indian market for Tartaric Acid during the forecast period. There is an increasing consumer emphasis on skincare and personal care, with a growing demand for effective and high-quality skincare products. This trend has led to a greater incorporation of ingredients like tartaric acid in cosmetics. The cosmetics industry is characterized by constant innovation, and the Indian beauty, cosmetic, and grooming market is projected to grow to USD 20 billion by 2025, up from USD 6.5 billion in 2016, as reported by Assocham. This growth is driven by rising disposable incomes and the increasing desire for improved lifestyle and appearance.
Companies are creating advanced formulations that leverage the unique benefits of tartaric acid, such as enhancing skin texture and stability. The influence of global beauty trends and the availability of international brands in India are driving the demand for sophisticated and innovative cosmetic ingredients. For instance, Shoppers Stop has launched an exclusive store for Estee Lauder Group’s brands like MAC and Clinique, while Sephora introduced the premium Rare Beauty brand. Additionally, Amazon India has unveiled its global beauty store, featuring over 60 international brands. Effective marketing by personal care brands is increasing consumer awareness of the benefits of products containing tartaric acid, further boosting its demand. The emphasis on sustainability and eco-friendly products also fuels the preference for naturally sourced ingredients like tartaric acid.
Regional Insights
Based on Region, West India emerged as the dominant region in the Indian market for Tartaric Acid in 2024. Gujarat and Maharashtra are major industrial hubs in India, equipped with advanced chemical manufacturing infrastructure and modern facilities for tartaric acid production. These states host numerous chemical companies, creating a strong ecosystem for tartaric acid manufacturing and distribution. Their status as leading sugarcane producers is crucial, as bagasse, a byproduct of sugarcane processing, is a key raw material for tartaric acid. The proximity to this raw material lowers transportation costs and ensures a reliable supply for manufacturers.
The western region benefits from sophisticated logistics and transportation networks, facilitating the efficient movement of raw materials and finished goods, which supports smooth production and distribution processes. With a high concentration of industries that utilize tartaric acid such as food and beverage companies, pharmaceutical firms, and cosmetic manufacturers the demand for tartaric acid is substantial.
Additionally, the region’s economic growth, driven by rising disposable incomes and increased consumer spending, boosts demand for processed foods, beverages, and personal care products that contain tartaric acid. State governments in Gujarat and Maharashtra actively support the chemical sector through favorable policies, incentives, and infrastructure investments, further encouraging the growth of tartaric acid production and related industries.
Key Attributes:
Report Attribute | Details |
No. of Pages | 85 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $25.26 Million |
Forecasted Market Value (USD) by 2030 | $28.53 Million |
Compound Annual Growth Rate | 2.2% |
Regions Covered | India |
Report Scope:
Key Market Players
- Kaival Chemicals Private Limited
- Vizag Chemical International
- SimSon Pharma Limited
- Merck Life Science Private Limited
- Changmao Biochemical Engineering Company Limited
- Omkar Speciality Chemicals Ltd.
- Thirumalai Chemicals Limited
- CHEMVERA SPECIALITY CHEMICALS PVT. LTD.
- Antares Chem Private Limited
- Jigs chemical Ltd.
India Tartaric Acid Market, By Type:
India Tartaric Acid Market, By Derivative:
- Potassium Tartrate (Cream of Tartar)
- Potassium sodium tartrate tetrahydrate (Rochelle Salt)
- Tartar Emetic
- L-Tartaric Acid
- Others
India Tartaric Acid Market, By Application:
- Food & Beverages
- Cosmetics & Personal Care Products
- Pharmaceuticals
- Others
India Tartaric Acid Market, By Region:
- West India
- North India
- South India
- East India
For more information about this report visit https://www.researchandmarkets.com/r/6hdapy
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- Indian Tartaric Acid Market