Market Overview:
The global potassium bitartrate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food grade potassium bitartrate, pharma grade potassium bitartrate, and reagent grade potassium bitartrate from various applications such as food, pharmaceuticals, and chemicals. North America is expected to dominate the global potassium bitartrate market during the forecast period owing to the presence of key players in this region and growing demand for food additives from various end-use industries.
Product Definition:
Potassium Bitartrate is a chemical compound with the formula KC4H6O6. It is a salt composed of potassium cations and bitartrate anions. It is used as a food additive, specifically as a preservative or antioxidant.
Food Grade Potassium Bitartrate:
Potassium bitartrate is a potassium salt with the anion of tartaric acid. It exists in both Food & Drug grade and Industrial grade. The food-grade potassium bitartrate has applications in bread, confectionery products, dairy products, sauces and condiments among others.
Pharma Grade Potassium Bitartrate:
Potassium bitartrate is a potassium salt which is produced by the reaction of tartaric acid with boric acid. It has a molecular weight of 132 and an ionic strength of 2.5%. It exists in two forms namely solid and liquid. The product finds application as an antiseptic, preservative, food additive, emulsifier for pharmaceuticals and cosmetics among others.
Application Insights:
The food application segment led the global potassium bitartrate market in 2017 and is projected to register a CAGR of XX% over the forecast period. The product plays an important role as a preservative, acidifier, and buffering agent in various foods such as cheese, bread & rolls, meat products including chicken nuggets & strips; salad dressings; fruit juices; dairy products including yogurt & ice cream; and snacks like chips&dips.
The pharmaceutical application segment accounted for 22% of the global market share in terms of volume in 2017 on account of its wide range of therapeutic applications such as diabetes treatment drugs, pain management medicines along with its derivatives used for various purposes such as antacid tablets or powders used for stomachache relief among other uses.
Regional Analysis:
Europe was the largest regional market for potassium bitartrate in 2017. The region is expected to dominate the industry over the forecast period owing to stringent regulations regarding food additives and preservatives. Asia Pacific is anticipated to witness significant growth over the coming years due to increasing demand from end-use industries such as pharmaceutical, chemical, and food processing. In addition, rising consumer disposable income levels coupled with expanding middle-class population in countries like China and India are likely boost product demand further.
Growth Factors:
- Increasing demand from food and beverage industry for potassium bitartrate as a preservative and flavoring agent.
- Growing popularity of tartaric acid as an antioxidant in dietary supplements and functional foods.
- Rising demand for potassium bitartrate in pharmaceuticals industry for the treatment of various diseases such as gout, arthritis, etc.
- Increasing application scope of potassium bitartrate in cosmetics industry for the formulation of skin care products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Bitartrate(CAS 868-14-4) Market Research Report
By Type
Food Grade Potassium Bitartrate, Pharma Grade Potassium Bitartrate, Reagent Grade Potassium Bitartrate
By Application
Food, Pharmaceutical, Chemical
By Companies
Tartaros Gonzalo Castello, ATP Group, Sandvik, Yamei(Aspartame), Foodchem, A&K Petrochem, Shanghai AiBo Additive, Triveni Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Bitartrate(CAS 868-14-4) Market Report Segments:
The global Potassium Bitartrate(CAS 868-14-4) market is segmented on the basis of:
Types
Food Grade Potassium Bitartrate, Pharma Grade Potassium Bitartrate, Reagent Grade Potassium Bitartrate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Chemical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tartaros Gonzalo Castello
- ATP Group
- Sandvik
- Yamei(Aspartame)
- Foodchem
- A&K Petrochem
- Shanghai AiBo Additive
- Triveni Chemical
Highlights of The Potassium Bitartrate(CAS 868-14-4) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade Potassium Bitartrate
- Pharma Grade Potassium Bitartrate
- Reagent Grade Potassium Bitartrate
- By Application:
- Food
- Pharmaceutical
- Chemical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potassium Bitartrate(CAS 868-14-4) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potassium bitartrate is a white crystalline powder that is used as a food additive and preservative. It has the chemical formula K(H2O)6.
Some of the major players in the potassium bitartrate(cas 868-14-4) market are Tartaros Gonzalo Castello, ATP Group, Sandvik, Yamei(Aspartame), Foodchem, A&K Petrochem, Shanghai AiBo Additive, Triveni Chemical.
The potassium bitartrate(cas 868-14-4) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Bitartrate(CAS 868-14-4) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Potassium Bitartrate(CAS 868-14-4) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium Bitartrate(CAS 868-14-4) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Potassium Bitartrate(CAS 868-14-4) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Potassium Bitartrate(CAS 868-14-4) Market Size & Forecast, 2018-2028 4.5.1 Potassium Bitartrate(CAS 868-14-4) Market Size and Y-o-Y Growth 4.5.2 Potassium Bitartrate(CAS 868-14-4) Market Absolute $ Opportunity
Chapter 5 Global Potassium Bitartrate(CAS 868-14-4) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
5.2.1 Food Grade Potassium Bitartrate
5.2.2 Pharma Grade Potassium Bitartrate
5.2.3 Reagent Grade Potassium Bitartrate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Bitartrate(CAS 868-14-4) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Chemical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Bitartrate(CAS 868-14-4) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Potassium Bitartrate(CAS 868-14-4) Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
9.6.1 Food Grade Potassium Bitartrate
9.6.2 Pharma Grade Potassium Bitartrate
9.6.3 Reagent Grade Potassium Bitartrate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Chemical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Potassium Bitartrate(CAS 868-14-4) Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
10.6.1 Food Grade Potassium Bitartrate
10.6.2 Pharma Grade Potassium Bitartrate
10.6.3 Reagent Grade Potassium Bitartrate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Chemical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Potassium Bitartrate(CAS 868-14-4) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
11.6.1 Food Grade Potassium Bitartrate
11.6.2 Pharma Grade Potassium Bitartrate
11.6.3 Reagent Grade Potassium Bitartrate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Chemical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Potassium Bitartrate(CAS 868-14-4) Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
12.6.1 Food Grade Potassium Bitartrate
12.6.2 Pharma Grade Potassium Bitartrate
12.6.3 Reagent Grade Potassium Bitartrate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Chemical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Potassium Bitartrate(CAS 868-14-4) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Type
13.6.1 Food Grade Potassium Bitartrate
13.6.2 Pharma Grade Potassium Bitartrate
13.6.3 Reagent Grade Potassium Bitartrate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Potassium Bitartrate(CAS 868-14-4) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Chemical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Potassium Bitartrate(CAS 868-14-4) Market: Competitive Dashboard
14.2 Global Potassium Bitartrate(CAS 868-14-4) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tartaros Gonzalo Castello
14.3.2 ATP Group
14.3.3 Sandvik
14.3.4 Yamei(Aspartame)
14.3.5 Foodchem
14.3.6 A&K Petrochem
14.3.7 Shanghai AiBo Additive
14.3.8 Triveni Chemical