Global Mesotartaric Acid Monohydrate Market Size, Share, and COVID-19 Impact Analysis, By Purity (≥98% and <98%), By Application (Pharmaceuticals, Food & Beverages, Chemicals, Research & Development, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Mesotartaric Acid Monohydrate Market Insights Forecasts to 2033

• The Global Mesotartaric Acid Monohydrate Market Size was Estimated at USD 95 Million in 2023
• The Global Mesotartaric Acid Monohydrate Market Size is Expected to Grow at a CAGR of around 5.48% from 2023 to 2033
• The Worldwide Mesotartaric Acid Monohydrate Market Size is Expected to Reach USD 162 Million By 2033
• Asia Pacific is Expected to Grow the fastest during the Forecast period.

The Global Mesotartaric Acid Monohydrate Market Size is Expected to cross USD 162 Million By 2033, Growing at a CAGR of 5.48% from 2023 to 2033. The need for mesotartaric acid monohydrate is rising as a consequence of the rapid industrialization and urbanization in areas like Asia Pacific and Latin America, which is driving the need for chemicals, food and drink, and medicines.    

Market Overview  

The market that deals with mesotartaric acid monohydrate, chemical molecule is utilized in several industrial processes, mainly in medicines, food and drink, and as a chemical synthesis intermediate is known as the mesotartaric acid monohydrate market. The term "monohydrate" refers to a particular molecular structure of mesotartaric acid monohydrate, which is a type of tartaric acid that contains one water molecule in its crystal form. The growing food and beverage sector presents one of the main opportunities for the mesotartaric acid monohydrate market. Growing applications in the food and beverage, pharmaceutical, and chemical sectors, as well as improvements in research and development efforts, are the main key factors driving the mesotartaric acid monohydrate market. The growing use of mesotartaric acid monohydrate in the pharmaceutical sector and in the food & beverage sector are the important contributing factors driving the expansion of the mesotartaric acid monohydrate market.       

Report Coverage

This research report categorizes the mesotartaric acid monohydrate market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the mesotartaric acid monohydrate market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the mesotartaric acid monohydrate market.

Driving Factors

The rising popularity of mesotartaric acid monohydrate is partly a result of consumers' growing demand for clean-label products, which are thought to be healthier and more natural. The rising range of applications in the cosmetic and personal care sectors, as well as consumers' increased health concerns, are expected to propel the mesotartaric acid monohydrate market. The growing popularity of natural food additives and the rising demand for processed and convenience meals are the main factors driving the market for mesotartaric acid monohydrate. The growing demand from a variety of industries, including food, cosmetics, and pharmaceuticals, is driving the mesotartaric acid monohydrate market's strong expansion.

Restraining Factors

High-purity mesotartaric acid monohydrate's high manufacturing costs are one of the main challenges. The intricate synthesis procedure and strict quality control procedures needed to reach high purity levels can restrict market penetration by raising production costs.  

Market Segmentation

The mesotartaric acid monohydrate market share is classified into purity and application.      

• The ≥98% segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the purity, the mesotartaric acid monohydrate market is divided into ≥98% and <98%. Among these, the ≥98% segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Its wide use in research, food and beverage, and pharmaceutical applications accounts for the ≥98% purity type. In pharmaceuticals, high-purity mesotartaric acid monohydrate is essential for guaranteeing the effectiveness and safety of medications.    

• The pharmaceuticals segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the mesotartaric acid monohydrate market is divided into pharmaceuticals, food & beverages, chemicals, research & development, and others. Among these, the pharmaceuticals segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The compound's essential function in medication manufacturing facilities defines what motivates pharmaceutical companies. To produce enantiomerically pure medications, mesotartaric acid monohydrate is utilized as a chiral resolving agent.   

Regional Segment Analysis of the Mesotartaric Acid Monohydrate Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the mesotartaric acid monohydrate market over the predicted timeframe.

North America is anticipated to hold the largest share of the mesotartaric acid monohydrate market over the predicted timeframe. The thriving food and beverage and pharmaceutical sectors are the main drivers of North America market. The market expansion is further supported by the region's significant emphasis on research and development initiatives. The demand for mesotartaric acid monohydrate in the region is primarily driven by the existence of large pharmaceutical businesses and strict regulations in the beverage and food sectors.    

Asia Pacific is expected to grow at the fastest CAGR growth of the mesotartaric acid monohydrate market during the forecast period. Rapid industrialization, a burgeoning pharmaceutical industry, and an increase in food processing operations are the main drivers of the Asia-Pacific region. The chemical and pharmaceutical sectors in nations like China and India are expanding significantly due to supportive government regulations and rising R&D expenditures.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the mesotartaric acid monohydrate market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Avantor, Inc.
• Acros Organics
• Carbosynth Limited
• Merck KGaA
• Fisher Scientific International, Inc.
• MP Biomedicals, LLC
• Sigma-Aldrich Corporation
• Central Drug House (P) Ltd.
• Sisco Research Laboratories Pvt. Ltd.
• Loba Chemie Pvt. Ltd.
• GFS Chemicals, Inc.
• Thermo Fisher Scientific Inc.
• Tokyo Chemical Industry Co., Ltd.
• Santa Cruz Biotechnology, Inc.
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the mesotartaric acid monohydrate market based on the below-mentioned segments: 

Global Mesotartaric Acid Monohydrate Market, By Purity   

• ≥98%
• <98%

Global Mesotartaric Acid Monohydrate Market, By Application

• Pharmaceuticals
• Food & Beverages
• Chemicals
• Research & Development
• Others

Global Mesotartaric Acid Monohydrate Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa