Zinc Citrate Market 2019 By Industry Growth & Regional Trend To 2025 Zinc Citrate Market

Global Zinc Citrate Market 2019 By Industry Growth
& Regional Trend To 2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Zinc Citrate
Market size is likely to witness moderate growth during the forecast period owing to
increasing demand from the healthcare, food & beverage, and personal care
industries. Zinc citrate is manufactured by the neutralization of citric acid using a high
purity zinc source. It is available in a white powder form and is odorless, insoluble in
ethanol and is slightly soluble in water.
Developments in the healthcare industry will be a major growth enabler for the zinc
citrate market. North America and Europe are major pharmaceutical manufacturing
regions followed by Asia Pacific and Latin America. Government initiatives to provide
low-cost healthcare services to its population, increasing instances of chronic & acute
diseases, and propelling demand for pharmaceutical products from a rising world
population are the major factors that will drive pharmaceutical manufacturing activities
across the globe. This will in turn augment the zinc citrate demand in the forecast
period and will drive the industry growth.
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.
Threat of substitution from other similar products such as zinc gluconate is likely to
hinder the industry growth during the forecast period. Health issues related to product
usage such as vomiting, appetite loss, nausea, etc. may also hamper the product
market growth in coming years.
The 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.
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