As per Envision Intelligence estimates, Global Potassium Citrate Market will be growing with 4.51% CAGR during 2018-2024 owing to the increasing applications in Medical end use industries
The report "Global Potassium Citrate Market," is expected to reach USD 150.4 million by the year 2024, at a CAGR of 4.51% during the forecast period.
Potassium citrate is a chemical potassium salt of a citric acid that is used in the fructification and procreation of a wide variety of Food and Beverages, pharmaceuticals, cosmetics, household products etc. potassium citrate consists of a neutralism and a consequent crystallization of citric acid and potassium carbonate or potassium bicarbonate.
The major factor that is driving by the potassium citrate market is the growth of end-user industries for sodium citrate. It has application in personal care products, medical, agrochemicals, and feed industry and expected to grow in the forecast period.Potassium citrate can also be used in the industrial products such as detergents and cleaners.
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
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Key pointers in the report include:
- Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges, and constraints on the market during the next five years.
- A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope of the market in end-user industries.
- Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
- Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
- A complete 360-degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
- Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request.
- All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Global Potassium Citrate Top Players
- Cargill Inc.
- Gadot Biochemical Industries
- Fbc Industries Inc.
- Dr. Paul Lohmann GmbH KG
- Cofco Biochemical
- Archer Daniels Midland
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Posted by
Bharadwaj Oruganti
on Thursday February 01 2018, 8:15 AM EST.
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