Global Stearyl Tartrate Market: Overview
When commercial stearyl alcohol undergoes the esterification process, stearyl tartrate is formed. Stearyl tartrate is a food additive that consists of a mixture of stearyl alcohol and palmityl along with the tartaric acid. The important constituents that are involved in the process are distearyl tartrate, stearyl palmityl tartrate, and dipalmityl tartrate. The stearyl tartrate mainly comprises diester but there are also small traces of monoester present. The creamy appearance of stearyl tartrate is its characteristic.
Global Stearyl Tartrate Market: Segmentation
The market for stearyl tartrate is globally fragmented into the source, application, and functionality. Based on the source, the global market is segregated into animal and plant. Based on the application, the market is categorized into pies, dough, cakes, and desserts. Based on the functionality, the market is divided into thickening agent, strengthening agent, emulsifier, and stabilizer.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Stearyl Tartrate Market: Growth Factors
Stearyl tartrate is derived from the natural resource and this is the main reason that is contributing to the market growth. As nowadays the consumers widely prefer the products that are naturally made, this factor is driving the market. Stearyl tartrate is used in the bakery sector as a strengthening agent as it improves the strength of the dough, thus widely used in the flour and dough treatment. The stearyl tartrate market will grow tremendously in the coming years due to the changing preferences of the consumer of having desserts that are made up of fruits. The stearyl tartrate is used as an emulsifier, which helps in improving the stability and consistency of the food products. Thus, this increased application of the stearyl tartrate will fuel the growth of the market. There are certain factors that will restrain the growth of the market which include the ban on the usage of stearyl tartrate as it leads to carcinogenic activity; the stearyl tartrate is obtained from sources that may involve animal fats thus vegan population avoid using the products, and the lack of the adoption by the consumers.
Global Stearyl Tartrate Market: Regional Analysis
Regional diversification of the stearyl tartrate market is given as follows Eastern Europe, Asia Pacific, Latin America, the Middle East & Africa, Western Europe, and North America. The maximum market share in the stearyl tartrate market is held by the North America. The factor due to which the market is growing in this region is the increasing inclination of the consumers towards the processed food coupled with the demand for high-quality products. The market is rapidly growing in the European region owing to the consumers preferring the products that are made from natural source. In the Asia Pacific region, the market is growing at a slow pace but the increasing innovations and development that are made in the products may speed up the market growth.
Global Stearyl Tartrate Market: Competitive Players
The key market players that are involved in the stearyl tartrate market include Zhengzhou Chaofan Chemical, Pfaltz & Bauer, MP Biomedicals, and others.
Global Stearyl Tartrate Market: Regional Segment Analysis
What Reports Provides
Request the coronavirus impact analysis across industries and markets