Potassium Citrate Market: Global Industry Analysis and Opportunity Assessment 2015-2025

Market Overview

Potassium citrate, also known as tripotassium citrate or citric acid potassium salt, is a tribasic potassium salt of citric acid. It is manufactured by a neutralisation and a subsequent crystallization of citric acid with potassium carbonate or potassium bicarbonate. The white crystalline hygroscopic powder namely potassium citrate finds a variety of applications across a diverse set of industries. Potassium citrate is often used as a stabilizer, as a chelating agent, as asequestering agent, as an antioxidant or as an emulsifier among other uses. It often finds application as a replacement for sodium citrates in applications where a low sodium content is desired. Potassium citrate is widely used in food and beverage industry forming an important ingredient in bakery products, beverages, dairy products, among others. Moreover, it also finds application in personal care products industry, pharmaceuticals, agrochemicals and feed industry. Potassium citrate is often used in other industrial use products such as cleaners and detergents. Potassium citrate market is expected to register steady growth over the forecast period.

Potassium Citrate Market: Drivers & Restraints

Global Potassium Citrate market is expected to register a steady growth during the forecast period. The major factor that is expected to drive the growth of potassium citrate market is the growth of end use industries for sodium citrate. Moreover, growing awareness about benefits of low sodium levels in food has resulted in steady growth in demand for low sodium content foods & beverages, this is another factor that is expected to propel the growth of global potassium citrate market during the forecast period. Besides, the growth in demand for processed food, the growth of processed food industry is expected to in turn drive the growth of global potassium citrate market over the forecast period.

Potassium Citrate Market: Region-wise Outlook

On the basis of geographic regions, global Potassium Citrate market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa.

Potassium Citrate Market: Key Players

Some of the identified major players operating in the global Potassium Citrate market are as follows:  

• Cargill, Incorporated.
• Jungbunzlauer Suisse AG
• American Tartaric Products Inc.
• Gadot Biochemical Industries Ltd
• Foodchem International Corporation
• FBC Industries, Inc.
• Dr. Paul Lohmann GmbH KG

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, product types and end use industries.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.