"Zinc Citrate Market

Data Bridge Market Research analyses that the zinc citrate was valued at 1.23 billion in 2021 and is expected to reach the value of USD 2.19 billion by 2029, at a CAGR of 7.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Zinc Citrate is a zinc-containing nutritional supplement that contains the zinc salt form of citric acid. Zinc is an essential trace element that plays an important role in many biological processes, acts as an antioxidant, and helps to strengthen the immune system. Although the exact mechanism of action is unknown, zinc supplementation may be used to boost immunity against viruses or to disrupt the replication of certain viruses, such as the human papillomavirus (HPV).

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Some of the major players operating in the zinc citrate market are:

  • Ajinomoto Co., Inc. (Japan),
  • Clariant AG (Switzerland),
  • Solvay SA (Belgium),
  • BASF SE (Germany),
  • NovoTech Nutraceuticals Inc. (U.S.),
  • Dunstan Nutrition Ltd. (New Zealand),
  • Shijiazhuang DonghuaJinlong Chemical Co Ltd. (China),
  • Schaumann GmbH and Co. KG. (Germany),
  • Aliphos Belgium SA/NV (Belgium), and
  • Albion Laboratories, Inc. (U.S.)

Global Zinc Citrate Market Scope

The zinc citrate market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type 

  • Dihydrate Type
  • Trihydrate Type
  • Others

Application

  • Dental Care
  • Pharmaceutical
  • Food and Beverage
  • Others

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Zinc Citrate Market Dynamics

Drivers

  • Deficiency of essential minerals especially in developing nations is creating market demand

The increasing growth rate for the citrates market share in the populace with supplement deficiency of essential supplements in agricultural nations is causing an expanded interest for useful food sources and refreshments items; this has increased the interest for zinc citrates in the food varieties and drinks industry. Furthermore, the growing consumption of meat and meat products has necessitated the development of more nutritious feed products, which has had a significant impact on the market development of zinc citrates.

  • Growing demand from the personal care and nutraceutical industry

Growing demand for zinc citrates in personal care and cosmetic products is expected to drive global zinc citrates market growth over the forecast period. Companies focusing on developing and selling manganese citrate that can cure the deficiency among consumers. Furthermore, various health benefits and effectiveness associated with citrates consumption are expected to drive demand for citrates in the pharmaceutical and nutraceutical industries, driving zinc citrates market growth over the forecast period.

Opportunities

Increasing international players' market penetration in developing regions in order to increase customer base in the region is expected to create lucrative opportunities for players operating in the target market.

Restraints

Increasing research and development costs, as well as volatility in raw material prices, are acting as market restraints for zinc citrate growth during the forecast period. The lack of public awareness about the benefits of zinc citrate in developing economies will be the most difficult challenge to market growth.

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