At 4.4% CAGR, Tartaric Acid Market to Hit $640 Mn by 2024: Tártaros Gonzalo Castelló, Vinicas, Derivados Vinicos, Distillerie Mazzari, and 8 Other Companies Profile
Wine application owns prominent market share and consistently leads global tartaric acid market. This segment is estimated to increase with a CAGR of 4% over the anticipated timeframe due to rising wine consumption in both advanced and developing countries. In addition, demand from food & beverages application is projected to rise owing to growing trends for processed food and nutritive beverages in emerging economies of Asia Pacific and Europe, like Japan, China, Australia, and Spain, Italy and France respectively.
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