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Zinc Citrate Market for Food & beverage sector to garner profits via extensive demand
Zinc Citrate Market
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Food & beverage industry development will also play a major role in augmenting the zinc citrate market growth. The product is used in the food & beverage manufacturing industry as a preservative and as an antibacterial formulation. Rising population, increasing income levels, and lifestyle changes has led to a significant growth in the global food & beverage industry.
Emerging economies in Asia Pacific, Latin America and Middle East are witnessing high growth rates in their food & beverage manufacturing industries. These trends are likely to have a positive effect on the zinc citrate market during the forecast period.
A SWOT analysis of the market has been presented in the report. The zinc citrate market study also explores varied topics such as the regional market scope, products, suitable applications, market size pertaining to the individual product type, revenue and sales with respect to the region, manufacturing chain details, production cost analysis, an analysis of the parameters impacting the business, market size projection, etc.
Some of the key industry participants in the zinc citrate market include Jungbunzlauer Suisse AG, Noah Technologies Corporation, Advanced Compounds International, Kronox Lab Sciences, Sucroal, Jost Chemical Company, Gadot Biochemical Industries, Dr. Paul Lohmann, Global Calcium, TIB Chemicals, and many more.
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The zinc citrate market is segmented on the basis of product and application. Two of the most commonly used product types include dihydrate and trihydrate. Zinc citrate dihydrate has two associated water molecules and is used for a range of applications such as a dietary supplements, nutrients, and in oral care products. Zinc citrate trihydrate has three associated water molecules and is used in pharmaceuticals, food supplements, and as a fertilizer & micronutrient for plants.
The regional segmentation covers:
o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)
Asia Pacific will be a key zinc citrate industry that is likely to grow at a fast rate. Rising disposable income, developments in the healthcare industry in emerging economies, as well as high growth in the food & beverage industry will augment the Asia Pacific market during the forecast period.
Latin America and Middle East & Africa regions will also witness a fast growth rate during the forecast period. North America and Europe will have significant shares of the global market in the forecast period owing to the mature pharmaceutical, food & beverage and personal care industries.
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