Press release
Potassium Citrate Market Growth, Regional Breakdown, and Forecast through 2024-2031 | ADM, Gadot Biochemical Industries, Cargill.
Potassium Citrate Market
Will the Potassium Citrate market emerge as the sector's next great thing? To discover the answer, look at the Potassium Citrate market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the industrial landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Potassium Citrate market! (2031)
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The Global Potassium Citrate Market reached USD 759 million in 2022 and is expected to reach USD 992.2 million by 2030, growing with a CAGR of 3.9% during the forecast period 2024-2031.
The potassium citrate market encompasses the production and distribution of a potassium salt used to regulate acidity, treat kidney stones, and maintain electrolyte balance. Widely utilized in food and beverage preservation, pharmaceuticals, and health products, it supports overall wellness by aiding metabolic functions and enhancing hydration, making it a vital component in both medical and consumer industries.
Key Players:
Profiles of some of the major players in the global Potassium Citrate market, which include ADM, Gadot Biochemical Industries, Cargill, Huangshi Xinghua Biochemical, Jungbunzlauer Suisse AG, FBC Industries, Foodchem International Corporation, Dr.Paul Lohmann GmbH KG, ICM Pharma and Global Calcium.
Industry Development:
In March 2023, Advicenne, a specialty pharmaceutical company, announced the reintroduction of Sibnayal in Denmark. This ready-mix solution of potassium citrate and potassium bicarbonate is now available with improved commercialization efforts, ensuring better accessibility for patients.
In April 2021, Camber Pharmaceuticals Inc., a U.S.-based pharmaceutical company, launched Potassium Citrate ER Tablets, a generic equivalent of Urocit-K. The extended-release tablets are available in 5 mEq, 10 mEq, and 15 mEq strengths, offering a cost-effective alternative for managing conditions that require potassium citrate therapy.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Potassium Citrate market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Type: Monohydrate, Anhydrous.
By Form: Granular, Powder, Liquid.
By Grade: Food Grade, Pharmaceutical Grade, Industrial Grade.
By Purity: Less than 98.0%, 98-99%, Above 99%.
By Application: Buffering Agent, Flavoring Agent, Stabilizer, Anti-Oxidation Agent, Emulsifier, Acidity Regulator, Others.
By End-Use Industry: Food & Beverages, Pharmaceuticals, Personal Care, Others.
Regional Break out:
The global Potassium Citrate Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Points Covered:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Potassium Citrate market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Potassium Citrate Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Potassium Citrate market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Potassium Citrate Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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FAQ's
Q.1. What are the primary drivers of the Potassium Citrate Industry?
Q.2. What are the main factors propelling and impeding the growth of the Potassium Citrate market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Potassium Citrate market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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