Vietnam Tartaric Acid Market is projected to grow at a robust CAGR over the next five years, due to the growing use of tartaric acid for emulsification, preservation, acidity regulation, and chelation across various end-user industries, such as pharmaceuticals, cosmetics, and food & beverages. Moreover, the rising use of tartaric acid as an antioxidant in functional foods and the increasing demand for tartaric acid as a preservative in packaged foods will drive the growth of the market further. Based on the application, food & beverage is expected to lead the market in the next five years owing to the widespread use of tartaric acid in packaged foods, and bakery as an emulsifier and preservative. Based on the type of tartaric acid, the synthetic segment is expected to hold the largest market share in the forecast period as tartaric acid produced is chemically synthesized.
Some of the leading players in the Vietnam Tartaric Acid Market
- Caviro Group
- Omkar Specialty Chemicals
- ATP Group Changmao Biochemical Engineering
- Distillerie Mazzari
- Distillerie Bonollo
- Pahi
- Derivados Vinicos
- Merck
- Tarac Technologies, etc.
The objective of the Study:
- To analyze and forecast the market size of the Vietnam Tartaric Acid Market, in terms of value and volume.
- To classify and forecast Vietnam Tartaric Acid based on source, type, derivative application, and regional distribution.
- To identify drivers and challenges for Vietnam Tartaric Acid Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Tartaric Acid Market.
- To conduct the pricing analysis for Vietnam Tartaric Acid Market.
- To identify and analyze the profile of leading manufacturers in the Vietnam Tartaric Acid Market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Tartaric Acid manufacturers in Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the Tartaric Acid manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retailers, distribution channels, and presence of all major Tartaric Acid manufacturers in Vietnam.
TechSci Research calculated the market size of the Vietnam Tartaric Acid Market using a bottom-up approach, where data for various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Tartaric Acid Manufacturers
- Dealers, and Suppliers
- Regulatory organizations.
- Food processing industries.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Trade Associations
- Food Safety Associations
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | Source Type Derivatives Application | |
| Regional scope | Central Region, Northern Region, Southern Region | |
| Key companies profiled | Caviro Group, Omkar Specialty Chemicals, ATP Group Changmao Biochemical Engineering, Distillerie Mazzari, Distillerie Bonollo, Pahi, Derivados Vinicos, Merck, Tarac Technologies. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Vietnam Tartaric Acid Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Source:
- Grapes and Sun-dried Raisin
- Maleic Anhydride
- Others
- Market, By Type:
- Natural
- Synthetic
- Market, By Derivatives:
- Cream of Tartar
- Rochelle Salt
- Tartar Emetic
- Others
- Market, By Application:
- Food & Beverages
- Cosmetics & Personal Care Products
- Pharmaceuticals
- Others
- Market, by Region:
- North Vietnam
- South Vietnam
- Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Tartaric Acid Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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Table of Content- Vietnam Tartaric Acid Market
- Product Overview
- Research Methodology
- Impact of COVID-19 on the Vietnam Tartaric Acid Market
- Executive Summary
- Voice of Customers
5.1.1. Brand Awareness
5.1.2. Brand Satisfaction
5.1.3. Factors Influencing Purchase Decisions
5.1.4. Product Awareness
- Vietnam Tartaric Acid Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Source (Grapes & Sun-Dried Raisins, Maleic Anhydride and Others)
6.2.2. By Type (Natural and Synthetic)
6.2.3. By Derivative (Cream of Tartar, Rochelle Salt and Tartar Emetic and Others)
6.2.4. By Application (Food & Beverages, Cosmetics & Personal Care Products, Pharmaceuticals and Others)
6.2.5. By Company
6.2.6. By Region
6.3. Market Attractiveness Index
- Vietnam Cream of Tartar Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
- Vietnam Rochelle Salt Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
- Vietnam Tartar Emetic Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
- Market Dynamics
10.1. Drivers
10.2. Challenges
- Supply Chain Analysis
- Market Trends & Developments
- Policy & Regulatory
- Vietnam Economic Profile
- Competitive Landscape
15.1. Company Profile
15.1.1. Caviro Group
15.1.2. Omkar Specialty Chemicals
15.1.3. ATP Group Changmao Biochemical Engineering
15.1.4. Distillerie Mazzari,
15.1.5. Distillerie Bonollo
15.1.6. Pahi
15.1.7. Derivados Vinicos
15.1.8. Merck
15.1.9. Tarac Technologies
- Strategic Recommendations