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Pune, India -- (SBWIRE) -- 02/05/2019 -- Global Potassium Citrate market forecast 2023-Report offers an across the board and point by point valuations and evaluations investigation of Potassium Citrate industry alongside the examination of essential highlights giving key industry observations to the perusers. The Potassium Citrate market statistical surveying report further conveys a systematic perspective of the business by concentrate key segments affecting the business, for example, Potassium Citrate marketadvertise improvement, utilization volume, creating patterns and industry cost structures amid the gauge time frame. The report objectives to exhibit the investigation of worldwide market portion by item type, applications and by districts. The Potassium Citrate showcase report is a far reaching investigation of development drivers' industry, and limitations. It contains investigation of current developments in the market, far reaching profiles of fundamental business players, and remarkable model examination, and market estimations for the coming years. The report at that point examines the market measure as far as both income and deals volume.
Potassium citrate is mostly used as an effective substitute for sodium citrate. Potassium citrate is used in foods whose sodium content has been reduced. Consumers who have a high sodium, low potassium diet are particularly prone to heart attack. Potassium citrate salt can also be used in place of sodium bicarbonate and potassium chloride in oral rehydration solution. The restraining factor for the global potassium citrate market is the possible risk of side effects caused by the consumption of potassium-based salts. High consumption of potassium citrate may cause some side effects related to metabolism, kidney failure, Addison's diseases, and gastrointestinal functions. Consumers who use supplements should take into account and understand the level of potassium a human body requires. Potassium citrate is a potassium salt of citric acid with the molecular formula. It is a white, hygroscopic crystalline powder. It is odorless with a saline taste. Potassium is an essential mineral for the maintenance of total body fluid volume, acid and electrolyte balance, and normal cell function.
The global Potassium Citrate market is expected to reach USD 797.65 million by 2023, at a CAGR of 3.70% during the forecast period.
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Potassium Citrate Market by Companies:
CARGILL INC., TATE & LYLE, ADM, JUNGBUNZLAUER SUISSE AG, COFCO BIOCHEMICAL, AMERICAN TARTARIC PRODUCTS, HUANGSHI XINGHUA BIOCHEMICAL, GADOT BIOCHEMICAL INDUSTRIES, NIRAN, JUXIAN HONGDE CITRIC ACID CO. LTD, THAI CITRIC ACID, POSY PHARMACHEM PVT LTD., FBC INDUSTRIES INC., RZBC GROUP CO. LTD., amongst others, And Many More…
Market Segment by Regions includes:
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
Middle East and Africa.
Rapid Growth of End-User Industries
Potassium citrate finds myriad of applications across the diverse set of industries. Right from pharmaceutical and personal care to the most prominent processed food industries, all of have been experiencing huge demands for potassium citrate owing to its superior functionality. In pharmaceutical industries, potassium citrate is used to treat urinary calculi (kidney stones). It is also used as an alkalizing agent in the treatment of mild urinary tract infections, such as cystitis. It also finds an increasing application in baby products, make-up, bath products, soaps and detergents, hair dyes and colors, and hair and skin care products. It acts as a cleansing agent in various other industries.
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Potassium Citrate Market Key Developments:
November 2017: Cargill announced that it is investing USD 240 million in India over the next 5 years. These new investments will add to the food processing and agriculture industries including the production of potassium citrate of the country.
October 2017: Tate & Lyle announced major expansion of its citric acid, potassium citrate and malto-dextrin capacity at its facility in Slovakia. This major expansion of food grade products is expected to be completed in 2019.
Processed Food Industry – Prime Application Area of Potassium Citrate
The market for potassium citrate has high potential for growth in the near future due to its wide range of applications in various industries. Globally, the highest applications for potassium citrate is in the food & beverage industry. It is primarily utilized as an acidity regulator and preservative in processed foods, such as fish products, sugars and syrups, salt substitutes, hot beverages, dairy-based drinks, infant formulas, alcoholic beverages, and water-based beverages. Potassium citrate is commonly used as a flavor enhancer, particularly for processed foods and commercially available citrus beverages.
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