Market Overview:
The North America tartaric acid market reached a value of US$ 41.3 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Tartaric acid is a white, crystalline, organic acid that naturally occurs in fruits such as avocados, apples, grapes, apricot, tamarinds, bananas and apricots. It can also be synthetically manufactured using maleic anhydride. Tartaric acid helps in strengthening the immune system of humans as it offers anti-inflammatory and antioxidant properties. Furthermore, it helps in improving intestinal and digestion functions, when consumed in an adequate amount. Owing to this, tartaric acid finds vast applications in the food and beverages, pharmaceuticals, textile industries, etc.
The North America tartaric acid market is currently being driven by several factors. It is employed in the food and beverages industry as an anti-caking, acidulant and anti-microbial agent across its major markets. Besides this, it is also used as an essential food additive, which is combined along with baking soda to enhance the stability and quality of food items. In addition to this, tartaric acid and its derivatives are used as an excipient for drugs to improve solubility levels. This further drives the demand for tartaric acid in the pharmaceuticals industry, thereby stimulating the overall market growth in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America tartaric acid market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on type and end-use.
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Type
- Market by End-Use
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Others
- Market by Imports and Exports
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
IMARC Group’s latest report provides a deep insight into the North America tartaric acid market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America tartaric acid market in any manner.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Million |
| Segment Coverage |
Type, End-Use, Country |
| Countries Covered |
United States, Canada, Mexico |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America tartaric acid market performed so far and how will it perform in the coming years?
- What are the key regions in the North America tartaric acid market?
- What has been the impact of COVID-19 on the North America tartaric acid market?
- What is the breakup of the North America tartaric acid market on the basis of type?
- What is the breakup of the North America tartaric acid market on the basis of end-use?
- What are the various stages in the value chain of the North America tartaric acid industry?
- What are the key driving factors and challenges in the North America tartaric acid industry?
- What is the structure of the North America Tartaric acid industry and who are the key players?
- What is the degree of competition in the North America tartaric acid industry?
- What are the profit margins in the North America tartaric acid industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Tartaric Acid Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by End-Use
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Tartaric Acid Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Tartaric Acid Market: Breakup by Type
7.1 Natural
7.2 Synthetic
8 North America Tartaric Acid Market: Breakup by End-Use
8.1 Food and Beverages
8.2 Pharmaceuticals
8.3 Cosmetics
8.4 Others
9 North America Tartaric Acid Market: Breakup by Country
9.1 United States
9.1.1 Historical market Trends
9.1.2 Market Breakup by Type
9.1.3 Market Breakup by End-Use
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical market Trends
9.2.2 Market Breakup by Type
9.2.3 Market Breakup by End-Use
9.2.4 Market Forecast
9.3 Mexico
9.3.1 Historical market Trends
9.3.2 Market Breakup by Type
9.3.3 Market Breakup by End-Use
9.3.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Distribution
11.6 Export
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Global: Tartaric Acid Market: Value Trends (in Billion US$), 2015-2020
Figure 2: Global: Tartaric Acid Market: Breakup by Type (in %), 2020
Figure 3: Global: Tartaric Acid Market: Breakup by End-Use (in %), 2020
Figure 4: Global: Tartaric Acid Market: Breakup by Region (in %), 2020
Figure 5: Global: Tartaric Acid Market Forecast: Value Trends (in Billion US$), 2021-2026
Figure 6: North America: Tartaric Acid Market: Value Trends (in Million US$) 2015-2020
Figure 7: North America: Tartaric Acid Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 8: North America: Tartaric Acid Market: Breakup by Type (in %), 2020
Figure 9: North America: Tartaric Acid (Natural) Market: Value Trends (in Million US$), 2015 & 2020
Figure 10: North America: Tartaric Acid (Natural) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 11: North America: Tartaric Acid (Synthetic) Market: Value Trends (in Million US$), 2015 & 2020
Figure 12: North America: Tartaric Acid (Synthetic) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 13: North America: Tartaric Acid Market: Breakup by End-Use (in %), 2020
Figure 14: North America: Tartaric Acid (Food and Beverages) Market: Value Trends (in Million US$), 2015 & 2020
Figure 15: North America: Tartaric Acid (Food and Beverages) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 16: North America: Tartaric Acid (Pharmaceuticals) Market: Value Trends (in Million US$), 2015 & 2020
Figure 17: North America: Tartaric Acid (Pharmaceuticals) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 18: North America: Tartaric Acid (Cosmetics) Market: Value Trends (in Million US$), 2015 & 2020
Figure 19: North America: Tartaric Acid (Cosmetics) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 20: North America: Tartaric Acid (Other Uses) Market: Value Trends (in Million US$), 2015 & 2020
Figure 21: North America: Tartaric Acid (Other Uses) Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 22: North America: Tartaric Acid Market: Breakup by Country (in %), 2020
Figure 23: United States: Tartaric Acid Market: Value Trends (in Million US$), 2015-2020
Figure 24: United States: Tartaric Acid Market: Breakup by Type (in %), 2020
Figure 25: United States: Tartaric Acid Market: Breakup by End-Use (in %), 2020
Figure 26: United States: Tartaric Acid Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 27: Canada: Tartaric Acid Market: Value Trends (in Million US$), 2015-2020
Figure 28: Canada: Tartaric Acid Market: Breakup by Type (in %), 2020
Figure 29: Canada: Tartaric Acid Market: Breakup by End-Use (in %), 2020
Figure 30: Canada: Tartaric Acid Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 31: Mexico: Tartaric Acid Market: Value Trends (in Million US$), 2015-2020
Figure 32: Mexico: Tartaric Acid Market: Breakup by Type (in %), 2020
Figure 33: Mexico: Tartaric Acid Market: Breakup by End-Use (in %), 2020
Figure 34: Mexico: Tartaric Acid Market Forecast: Value Trends (in Million US$), 2021-2026
Figure 35: North America: Tartaric Acid Market: Import Trends
Figure 36: North America: Tartaric Acid Market: Export Trends
Figure 37: North America: Tartaric Acid Industry: SWOT Analysis
Figure 38: North America: Tartaric Acid Industry: Value Chain Analysis
Figure 39: North America: Tartaric Acid Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Tartaric Acid Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Tartaric Acid Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: North America: Tartaric Acid Market Forecast: Breakup by End-Use (in Million US$), 2021-2026
Table 4: North America: Tartaric Acid Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 5: North America: Tartaric Acid Market: Competitive Structure
Table 6: North America: Tartaric Acid Market: Key Players