Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Source (Grapes & sun-dried raisins, Maleic anhydride, Others), By Application (Food & beverages, Pharmaceuticals, Cosmetics & personal care products, Others), By Type (Naturals, Synthetic) And Competitive Landscape
Product Code: ETC080612 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Tartaric Acid Market is anticipated to gain growth in the coming future. The Middle-East is one of the growing markets of tartaric acid. The growth of the market is primarily driven by the growing demand of detergents, cleaning chemicals, processed food and beverages in the Middle-East region. The increasing spending power and growing demand for processed and packed food have benefited the growth of the tartaric acid market. Furthermore, the growing demand for construction purposes is driving the growth of the tartaric acid market. However, the restraining factor for the tartaric acid market is the strict food safety regulations. The market growth of tartaric acid is low due to the increase in government regulations in some countries restricting the use of synthetic tartaric acid in food and pharmaceutical applications. Further, the Covid-19 outbreak has affected almost all industries, as most of the manufacturing companies had to either close down or had to operate with limited production. Despite all this, the demand for food and beverages and construction purposes remained the same. The lockdown imposed due to the outbreak has impacted the tartaric acid market positively as they shifted to online platforms. Moreover, the demand for tartaric acid is supported by the growing consumption of organic foods due to the rising health consciousness among the individuals to boost immunity and maintain fitness. Thus, it is likely to improve the growth in the future.
According to 6Wresearch, the Middle-East Tartaric Acid Market size is anticipated to register growth during 2021-2027. Turkey dominates the market in the Middle-East region contributing to the maximum market share in the market, followed by United Arab Emirates. This is due to the increase in the processed food and beverages and wine consumption in Europe, Latin America and Asia-Pacific regions. Thickeners, anti-microbial, protein mixes are the most popular products in the market. Also, the improving living standards and increasing disposable income has accelerated market sales. United Arab Emirates has high demand for tartaric acid for construction and industrial purposes. Furthermore, the increase in the number of individuals to home baking is a factor in the growing demand for tartaric acid. The increasing demand for medicines and therapeutic investigation for the assurance of glucose would spur the demand for tartaric acid in the future. Some of the key players in the Middle-East region include Dubi Chem, Hailan Bio-technology, Trice Chemicals, Tunckaya Kimyevi Maddleler A.S.
The Tartaric Acid market is segmented into different parts based on type, application, and region. Based on the product type, it is classified into Natural Tartaric Acid and Synthetic Tartaric Acid. Based on the application, it is classified into food and beverages, wine, pharmaceuticals, antacids, building and construction, and cosmetics. Based on the region, the four main regions are North America, Europe, Asia Pacific, and the rest of the world. The market demand for synthetic tartaric acid is high due to its lower cost than natural tartaric acid. The synthetic tartaric acid is used in a portion of silvering mirrors, tanning cowhide and in Rochelle salt. It is used as a heating powder which responds with sodium bicarbonate. This acts as a rising agent without the taste of yeast. On account of the increasing use of online pharmacies, the demand for more advanced and costly medicines among the middle class would further increase the growth of the tartaric acid market.
The Middle-East Tartaric Acid Market report thoroughly covers the market by tartaric acid product type, application, regional countries which includes UAE, Saudi Arabia, Qatar, Kuwait and Turkey. The Middle-East tartaric acid market outlook report provides an unbiased and detailed analysis of the ongoing Middle-East Tartaric Acid market trends, opportunities, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Tartaric acid Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Tartaric acid Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Tartaric acid Market - Industry Life Cycle |
3.4 Middle East Tartaric acid Market - Porter's Five Forces |
3.5 Middle East Tartaric acid Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Tartaric acid Market Revenues & Volume Share, By Source, 2020 & 2027F |
3.7 Middle East Tartaric acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 Middle East Tartaric acid Market Revenues & Volume Share, By Type, 2020 & 2027F |
4 Middle East Tartaric acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Tartaric acid Market Trends |
6 Saudi Arabia Tartaric acid Market, 2017 - 2027 |
6.1.1 Saudi Arabia Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
6.1.2 Saudi Arabia Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
6.1.3 Saudi Arabia Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
7 UAE Tartaric acid Market, 2017 - 2027 |
7.1 UAE Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
7.2 UAE Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
7.3 UAE Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
8 Qatar Tartaric acid Market, 2017 - 2027 |
8.1 Qatar Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
8.2 Qatar Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
8.3 Qatar Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
9 Kuwait Tartaric acid Market, 2017 - 2027 |
9.1 Kuwait Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
9.2 Kuwait Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
9.3 Kuwait Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
10 Oman Tartaric acid Market, 2017 - 2027 |
10.1 Oman Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
10.2 Oman Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
10.3 Oman Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
11 Bahrain Tartaric acid Market, 2017 - 2027 |
11.1 Bahrain Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
11.2 Bahrain Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
11.3 Bahrain Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
12 Turkey Tartaric acid Market, 2017 - 2027 |
12.1 Turkey Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
12.2 Turkey Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
12.3 Turkey Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
13 Rest of Middle East Tartaric acid Market, 2017 - 2027 |
13.1 Rest of Middle East Tartaric acid Market, Revenues & Volume, By Source, 2017 - 2027 |
13.2 Rest of Middle East Tartaric acid Market, Revenues & Volume, By Application, 2017 - 2027 |
13.3 Rest of Middle East Tartaric acid Market, Revenues & Volume, By Type, 2017 - 2027 |
14 Middle East Tartaric acid Market Key Performance Indicators |
15 Middle East Tartaric acid Market - Opportunity Assessment |
15.1 Middle East Tartaric acid Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Tartaric acid Market Opportunity Assessment, By Source, 2020 & 2027F |
15.3 Middle East Tartaric acid Market Opportunity Assessment, By Application, 2020 & 2027F |
15.4 Middle East Tartaric acid Market Opportunity Assessment, By Type, 2020 & 2027F |
16 Middle East Tartaric acid Market - Competitive Landscape |
16.1 Middle East Tartaric acid Market Revenue Share, By Companies, 2020 |
16.2 Middle East Tartaric acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |