IMARC Group, a leading market research company, has recently releases report titled “Potassium Citrate Market Report by Type (Monohydrate, Anhydrous), Function (Acidulant, Emulsifier, Stabilizer, Antioxidants, and Others), End User (Food and Beverages, Pharmaceuticals, Personal Care, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the potassium citrate market growth.
How Big is the Potassium Citrate Market?
The global potassium citrate market size reached US$ 751.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,033.3 Million by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.
Industry Overview of Potassium Citrate
Potassium citrate (C6H5K3O7) is a white and hygroscopic crystalline powder that is considered a potassium salt of citric acid. It comprises a saline taste and is deliquescent and odorless in nature. It is consumed as a mineral supplement for treating low amounts of potassium in the blood. It is utilized for the management of hypocitraturic calcium oxalate nephrolithiasis. It is employed for treating kidney stone conditions called renal tubular acidosis and preventing kidney stones from occurring with gout. It is also used as a urinary alkalizer for making urine more alkaline and less acidic.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/potassium-citrate-market/requestsample
What are the growth prospects and trends in the potassium citrate industry?
At present, the increasing demand for C6H5K3O7 as a substitute for sodium citrate in various end-use industries, such as pharmaceutical and cosmetics sectors, is propelling the growth of the market.
Besides this, the rising adoption of C6H5K3O7 as an emulsifying agent in the baking and confectionery industry is contributing to the growth of the market. In addition, the growing availability of diuretics as a therapeutic treatment to reduce the fluid level in the human body without minimizing potassium is offering a favorable market outlook.
Apart from this, the increasing utilization of C6H5K3O7 as a preservative in a wide range of food products is bolstering the growth of the market.
Leading Companies Operating in the Global Potassium Citrate Industry:
- Archer-Daniels-Midland Company
- ATPGroup
- Cargill Incorporated
- Dr. Paul Lohmann GmbH & Co. KGaA
- FBC Industries
- Foodchem International Corporation
- Gadot Biochemical Industries Ltd.
- Huangshi Xinghua Biochemical Co. Ltd.
- Jiangsu Mupro IFT Corp.
- Jungbunzlauer Suisse AG
- Niran BioChemical Limited
- RZBC Group Co. Ltd.
- Tate & Lyle PLC.
Potassium Citrate Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Monohydrate
- Anhydrous
Breakup by Function:
- Acidulant
- Emulsifier
- Stabilizer
- Antioxidants
- Others
Breakup by End User:
- Food and Beverages
- Pharmaceuticals
- Personal Care
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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