Global Potassium Citrate Market: Market Outlook
Potassium citrate is a tribasic salt of citric acid also known as tripotassium citrate or citric acid potassium salt. It is a white hygroscopic crystalline powder and is easily available in super markets or chemist shops. Moreover it has wide applications in different industries such as food and beverage, pharmaceutical, animal feeds and others. Consumption of potassium citrate has many health benefits associated with it as it contains essential minerals for human body which helps in maintaining body fluid level as well as normal cell function.
Potassium citrate is used as a substitute for sodium nitrate, this can help to boost the market. Excessive consumption of potassium citrate can cause side effects, such as kidney failure and problems related to metabolism. Consumers should be well aware of the safe amount of consumption which is good for their health. This can prove to be one of the restraining factor for potassium citrate market.
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Global Potassium Citrate Market: Market Dynamics
Wide application of potassium citrate to drive growth in the market
Due to the wide applications of potassium citrate in different industries, the demand for potassium citrate is expected to increase. Potassium citrate is majorly used in the food and beverage industry as an acidity regulator. It is also used to preserve processed foods such as sugar, syrups, and fish products. Moreover, it is used in alcoholic beverages and dairy-based drinks. The pharmaceutical and personal care industry are some of the key sectors where potassium citrate is used in bulk. Potassium citrate helps to support the healthy functioning of many organs in the human body as well as it supports cardiovascular function. Potassium citrate is GMO-free and can be consumed by vegan consumers. With so many wide applications of potassium citrate, the demand for its products is expected to increase.
Global potassium citrate market key players
Some of the major players in the global potassium citrate market are NOW Foods, Nutricost, Superior Labs, Vitamin Shoppe Industries Inc, Jungbunzlauer Suisse AG, Cargill, Incorporated, Teva Pharmaceuticals USA, Inc, Upsher-Smith Laboratories, LLC, Brenntag North America, Inc., Jarrow Formulas, Inc, and others
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