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Zinc Citrate Market Report 2023: Market Size, Trends, Analysis And Forecast To 2032 | Advanced Compounds International Inc., Continental Chemical USA, Dr Paul Lohmann GmbH KG, Changzhou Feiyu Chemical Company Limited, Gadot Biochemical Industries Limited.
Zinc Citrate Market 2023
The Business Research Company's Zinc Citrate Global Market Report 2023 identifies Increasing demand for the pharmaceutical industry as the major driver for the Zinc Citrate market's growth in the forecast period. The pharmaceutical industry refers to the industry that involves the development, production, and discovery of medical drugs. Zinc citrate has antimicrobial and anti-inflammatory effects and is beneficial in dental care products such as mouthwashes, chewing gum, and toothpaste. It also reduces the common cold; as a result, it is used as a component in pharmaceutical drugs.
The global zinc citrate market size is expected to grow from $1.77 billion in 2022 to $1.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The zinc citrate market size is expected to grow to $2.34 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the Zinc Citrate market are Advanced Compounds International Inc., Continental Chemical USA, Dr Paul Lohmann GmbH KG, Changzhou Feiyu Chemical Company Limited, Gadot Biochemical Industries Limited.
A key trend in the Zinc Citrate market includes Innovative nutritional supplements. Zinc citrate in nutrition improves immunity, blood sugar levels, and eye, heart, and skin health. As a result, major nutritional companies are using zinc citrate to produce innovative nutritional supplements to gain a competitive edge in the market. For instance, in April 2022, ChromaDex Corp., a US-based dietar*y supplement company, launched Tru Niagen Immune.
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The Zinc Citrate market is segmented -
1. By Type: Dihydrate, Trihydrate.
2. By Form: Liquid, Powder.
3. By Application: Personal Care, Health Care, Food and Beverage, Agriculture, Other Application.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Zinc Citrate market.
The Business Research Company's "Global Zinc Citrate Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Zinc Citrate Market Include:
1. Executive Summary
2. Zinc Citrate Market Characteristics
3. Zinc Citrate Market Trends And Strategies
4. Zinc Citrate Market - Macro Economic Scenario
5. Zinc Citrate Market Size And Growth
……
26. Africa Zinc Citrate Market
27. Zinc Citrate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Zinc Citrate Market
29. Zinc Citrate Market Future Outlook and Potential Analysis
30. Appendix
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