India Tartaric Acid Market to Grow with a CAGR of 2.25% through 2030
Expansion of the Pharmaceutical Sector is expected to drive the
India Tartaric Acid Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Tartaric
Acid Market - By Region, Competition, Forecast and Opportunities,
2020-2030F”, the India Tartaric Acid Market was valued at USD 25.26 Million in 2024 and
is anticipated to grow with a CAGR of 2.25% through 2030. With a growing population and a higher incidence of chronic diseases,
there is an increasing demand for pharmaceutical products and innovative drug
delivery systems, which in turn boosts the need for tartaric acid in drug
formulations. Government policies and initiatives focused on enhancing
healthcare infrastructure and supporting the pharmaceutical sector contribute
to market growth, driving up the demand for pharmaceutical-grade tartaric acid.
In the Interim Budget 2024-25, the government allocated USD 120 million to
promote bulk drug parks for FY25, a notable increase from the previous year.
Increased investment in research and development
within the pharmaceutical industry leads to the creation of new formulations
and drug delivery methods, often necessitating specialized ingredients such as
tartaric acid. India’s pharmaceutical sector plays a significant role in the
global market, with a major portion of its exports comprising drug formulations
and biologicals. According to IBEF, these products account for about 75% of
India's total pharmaceutical exports, further fueling the demand for tartaric
acid in high-quality export formulations.
The FDA has approved the use of tartaric acid and
potassium sodium tartrate in over-the-counter antacid products, while
diacetyltartaric acid is permitted up to 5,000 mg/kg as a food additive in
health supplements, nutraceuticals, prebiotics, and probiotics according to
FSSAI regulations. The trend toward more advanced and specialized drug
formulations that leverage tartaric acid for enhanced stability and
effectiveness supports the growth of the tartaric acid market. As the
pharmaceutical sector in India expands, driven by increased healthcare
investments, rising medication demand, and advancements in drug formulation,
the need for high-quality excipients like tartaric acid continues to rise.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "India Tartaric Acid Market”
The India Tartaric Acid Market is segmented into type,
derivative, application, regional distribution, and company.
Based on the Application, the Food
& Beverages emerged as the dominating segment in the Indian market for Tartaric Acid
in 2024. The food and beverage sector in India is experiencing rapid growth,
driven by increasing urbanization, evolving consumer lifestyles, and a rising
middle class. This expansion is leading to higher consumption of processed and
packaged foods, which in turn increases the demand for tartaric acid. According
to the Interim Budget 2024-25, the Ministry of Food Processing Industries has
been allocated USD 396 million, reflecting a 13% increase over the revised
estimates for the fiscal year 2024. As consumer preferences shift towards
convenience and processed foods, the demand for tartaric acid, an essential
ingredient in these products, continues to grow. Tartaric acid has a
long-standing presence in the food industry, with products like cream of tartar
being well-established and familiar. It plays a critical role in baking
powders, which are used in a wide range of baked goods, including cakes,
cookies, bread, and pastries. The established production and supply chains for
tartaric acid, especially its food-grade variants, ensure it is cost-effective
and readily available in large quantities. The economies of scale achieved
through bulk production further reinforce its dominant position in the market.
Based on the region, the North India emerged as the
fastest growing region in the Indian Tartaric Acid market during the forecast
period. States
such as Uttar Pradesh and Punjab are emerging as crucial industrial centers.
Increased investments in manufacturing and chemical industries within these
states are boosting tartaric acid production. The rising demand for processed
foods and beverages in the northern region drives the need for tartaric acid,
which is utilized as a leavening agent and acidulant in these products.
Additionally, northern India is becoming a key player in the pharmaceutical
sector, with the growth of pharmaceutical companies heightening the demand for
tartaric acid as an excipient in drug formulations. Improvements in
infrastructure and logistics in northern India are enhancing the efficiency of
tartaric acid distribution. Advanced transportation and supply chain networks
are facilitating the movement of raw materials and finished products,
supporting market growth. The region is also seeing significant economic
development and investment, which stimulates industrial activities, including
the production and use of tartaric acid. As disposable incomes rise, increased
consumer spending on processed foods, beverages, and personal care products
further drives demand for tartaric acid. These combined factors contribute to
the northern region's prominent position in the market.
Major companies operating in India Tartaric Acid
Market are:
- Kaival
Chemicals Private Limited
- Vizag
Chemical International
- SimSon
Pharma Limited
- Merck
Life Science Private Limited
- Changmao
Biochemical Engineering Company Limited
- Omkar
Speciality Chemicals Ltd.
- Thirumalai
Chemicals Limited
- CHEMVERA
SPECIALITY CHEMICALS PVT. LTD.
- Antares
Chem Private Limited
- Jigs
chemical Ltd.
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“The Indian tartaric acid market is on the brink of
significant advancement, fueled by the country's shift towards clean-label and
functional ingredients. As there is a heightened focus on product transparency
and sustainability, tartaric acid is gaining recognition for its natural source
and diverse applications. This trend is driven by an expanding middle class
with a growing preference for premium and health-conscious products,
positioning India as a crucial market for innovative and eco-friendly tartaric
acid solutions across various sectors”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“India Tartaric Acid Market By Type (Natural
and Synthetic), By Derivative (Potassium Tartrate (Cream of Tartar), Potassium
sodium tartrate tetrahydrate (Rochelle Salt), Tartar Emetic, L-Tartaric Acid ,
Others), By Application (Food & Beverages, Cosmetics & Personal Care Products,
Pharmaceuticals and Others), By Region, Competition, Forecast and
Opportunities, 2020-2030”, has evaluated the future growth potential of India Tartaric
Acid Market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in India Tartaric Acid Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com