Monday, 30 December 2019

Potassium Citrate Market Future Trends, Outlook And Risk Factor By 2025


Felton - Potassium Citrate Market Report provides a complete analysis of the market. The Report focuses on manufacturers, suppliers, segmentation according to the application, major players, customers, opportunities, future roadmap, and furthermore. The competitive data type analysis includes capacity, market share, profit margin, market growth, consumer consumption, imports, exports, revenue, and etc. Marketing strategies, policies, industry chain that are changing the wave of the market are also catered in the report.

Global Potassium Citrate Market size is expected to reach USD 868.9 million by 2025. Potassium citrate is a tribasic potassium salt of citric acid with the molecular formula “K3C6H5O7”. It is also known as “tripotassium citrate”. It is a white, hygroscopic crystalline powder. It is odorless with a saline taste.
Potassium is an essential mineral which is found in many foods and is needed for the maintenance of total body fluid volume, normal cell function, and acid & electrolyte balance. The potassium citrate market is expected to witness a 3.7% CAGR in the years to come.
Potassium citrate is used to treat a kidney stone condition called “renal tubular acidosis”. Also, it is used as an alkalizing agent in the treatment of mild urinary tract infections such as cystitis. It acts as a cleansing agent in various other industries. Potassium citrate is used in baby products, bath products, make-up, detergents & soaps, hair & skin care products and hair dyes & colors.
Potassium citrate is used in various industries such as food & beverage, pharmaceutical, personal care and others. The “food & beverage” industry is expected to hold the largest market share in the upcoming period due to growing M&A activities and emergence of new economies in the sector. Moreover, growing purchasing power in developing nations such as India, Indonesia, Brazil, Thailand, and China are expected to boost the market growth in the next couple of years. Also, potassium citrate is used as an acid regulator, buffering agent and preservative in various products including baby food, dairy, infant formula, snacks, cereals, dessert, ice cream and carbonated soft drinks.
The factors that play an important role in the growth of market include increasing demand, growing population, increasing urbanization & industrialization, increasing buyer demand for non-GMO potassium citrate products, growing demand from end use industries for sodium citrate, increasing awareness about benefits of low sodium levels in food and growing foods & beverages industry. Moreover, the increasing demand for potassium citrate due to its superior properties such as high chemical & microbiological stability, high water solubility and outstanding biodegradability is expected to propel market growth in the coming years.
Market Segment:
Potassium Citrate Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
    • Acidulant
    • Emulsifier
    • Diuretic
    • Others
Potassium Citrate Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
    • Food & Beverage
    • Pharmaceutical
    • Personal Care
    • Others
Regional Analysis For Potassium Citrate Market:
For comprehensive understanding of market dynamics, the global Potassium Citrate Market is analyzed across key geographies namely: North America, Europe, Asia-Pacific, Latin America and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Potassium Citrate Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of High-Performance Alloys Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184

No comments:

Post a Comment