Ferrous Fumarate Market Size, Industry Analysis Report, Regional Outlook Competitive Market Share & Forecast, 2017 – 2024

Global Ferrous Fumarate Market Size will witness robust growth owing to its extensive use as an iron supplement. Ferrous fumarate, also popularly known as iron fumarate, is an odorless reddish-brown or reddish-orange powder, with iron content of almost a third in pure form.

Iron is one of the most important mineral in the human body responsible for the production of red blood cells and keeping the body in good health. Bone marrow uses iron in the body to make hemoglobin. Due to inadequacy of iron in the human body, hemoglobin is produced in very less quantity for the red blood cells.

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This causes dizziness, shortness of breath, skin pallor, and fatigue which are some of the symptoms of anemia. Over a fifth of the world population suffer from anemia or iron deficiency which accounts to more than 1.5 billion people. Iron deficiency is the most common reason for anemia in children and pregnant women. Pregnant women in particular require iron supplements as iron deficiency may result in the blood carrying not enough oxygen to the tissues throughout the body leading to preterm labor. These factors will principally drive the global ferrous fumarate market on a large scale.

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Due to negligible potential side effects, ferrous fumarate market is set to witness substantial growth in the forecast period. The United States Food and Drug Administration (FDA) and European Medicines Agency have also regulated the product’s use in pharmaceutical products like tablets and capsules for fueling iron contents in the human bodies.

However, due to a number of substitutes such as ferrous sulfate, ferrous succinate and ferrous gluconate, the ferrous fumarate market growth may be hindered. Ferrous sulfate, also known as iron sulfate, has extensive medical application and is also used in fortifying food to treat iron deficiency anemia. Besides, the product also finds its usage as a colorant in ink manufacturing. These extensive uses of other substitute products may lead to a harsher competitive environment in the ferrous fumarate market.

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Apart from products, the global ferrous fumarate market can also be classified on the basis of end-user industries such as food, pharmaceutical and chemical. The product is added to several foods such as malt based energy drinks for children and other milk based drinks to enhance the iron content in the food. In pharmaceutical industry, the product is used in different medicines, tablets, and capsules as a supplement for iron deficiency whereas in the chemicals industry, the product finds its use for chemical syntheses

Reasons to Buy This Report:
1. Ferrous Fumarate Acid Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Ferrous Fumarate Acid Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

Based on the products, the ferrous fumarate market can be segmented into syrup, capsules, and tablets. Syrup can be injected into the body whereas capsules and tablets are consumed orally as iron supplements. Use of the product as an additive in baby food is also recommended.
The Ferrous Fumarate Acid Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Ferrous Fumarate Acid Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Ferrous Fumarate Acid Product Insights
16. Ferrous Fumarate Acid Application Insights
17.Ferrous Fumarate Acid Regional Insights
18. Competitor Profiles

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Major players operating in the global Ferrous Fumarate acid market include Sigma-Aldrich, Kao Corporation, Upichem, Marketing Chemicals, Graham Chemical, Enaspol a.s., Dada Surfactants and Henan Provail Chemplant.

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