Product Code: ETC085424 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Tartaric acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.04% in 2025, growth builds up to 14.03% by 2029.
By 2027, Thailand's Tartaric acid market is forecasted to achieve a growing growth rate of 5.33%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The tartaric acid market in Thailand is expected to grow at a CAGR of 4.8% over the forecast period. The growth of this market can be attributed to the rising demand for food and beverage products containing tartaric acid as an ingredient, and increasing usage in different industries such as pharmaceuticals, cosmetics, paper printing & coating, etc. In terms of volume sales, Thailand accounts for around 3% share in Asia Pacific?s tartaric acid market in 2025.
The tartaric acid market in Thailand has been influenced by several drivers. Firstly, the food and beverage industry`s growing demand for natural and clean label ingredients has propelled the use of tartaric acid as a food additive and flavor enhancer. Additionally, its applications in the pharmaceutical and cosmetic sectors have contributed to sustained demand. The market`s expansion has also been driven by increasing consumer awareness about the benefits of organic and naturally derived products, as tartaric acid is often sourced from grapes. As manufacturers focus on innovation and product differentiation, the tartaric acid market in Thailand is expected to witness steady growth.
The tartaric acid market in Thailand, ensuring a steady supply of quality raw materials while meeting stringent regulations on food additives poses a significant challenge.
In Thailand, the market for tartaric acid experienced fluctuations due to the Covid-19 pandemic. With disruptions in supply chains and reduced industrial activities during lockdowns, the demand for tartaric acid, commonly used in food and beverage production, faced some setbacks. However, as restrictions eased and the economy showed signs of recovery, the market started regaining its momentum. The gradual reopening of restaurants and food service establishments contributed to the resurgence of demand for products that utilize tartaric acid.
The tartaric acid market in Thailand is driven by its wide application in the food and beverage industry as an acidulant, stabilizer, and pH control agent. Key players in the market include companies like Cargill, Archer Daniels Midland Company (ADM), and Tate & Lyle.
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 Thailand Tartaric acid Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Tartaric acid Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Tartaric acid Market - Industry Life Cycle |
3.4 Thailand Tartaric acid Market - Porter's Five Forces |
3.5 Thailand Tartaric acid Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Tartaric acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Tartaric acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Thailand Tartaric acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Tartaric acid Market Trends |
6 Thailand Tartaric acid Market, By Types |
6.1 Thailand Tartaric acid Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Tartaric acid Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Tartaric acid Market Revenues & Volume, By Grapes & sun-dried raisins, 2021-2031F |
6.1.4 Thailand Tartaric acid Market Revenues & Volume, By Maleic anhydride, 2021-2031F |
6.1.5 Thailand Tartaric acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Tartaric acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Tartaric acid Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.2.3 Thailand Tartaric acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Thailand Tartaric acid Market Revenues & Volume, By Cosmetics & personal care products, 2021-2031F |
6.2.5 Thailand Tartaric acid Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Tartaric acid Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Tartaric acid Market Revenues & Volume, By Naturals, 2021-2031F |
6.3.3 Thailand Tartaric acid Market Revenues & Volume, By Synthetic, 2021-2031F |
7 Thailand Tartaric acid Market Import-Export Trade Statistics |
7.1 Thailand Tartaric acid Market Export to Major Countries |
7.2 Thailand Tartaric acid Market Imports from Major Countries |
8 Thailand Tartaric acid Market Key Performance Indicators |
9 Thailand Tartaric acid Market - Opportunity Assessment |
9.1 Thailand Tartaric acid Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Tartaric acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Tartaric acid Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Thailand Tartaric acid Market - Competitive Landscape |
10.1 Thailand Tartaric acid Market Revenue Share, By Companies, 2024 |
10.2 Thailand Tartaric acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |