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Zinc Citrate Market Size

Report ID: GMI3546
Published Date: Oct 2023
Report Format: PDF

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Zinc Citrate Market Size

Zinc Citrate Market size was valued at USD 1.7 billion in 2022 and is anticipated to register a CAGR of over 7.4% between 2023 and 2032. Zinc citrate is commonly used in dietary supplements due to its bioavailability and ease of absorption. Increasing consumer awareness of the importance of zinc for overall health and immunity has led to a growing demand for dietary supplements containing zinc citrate.

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Zinc citrate is used in pharmaceuticals for its therapeutic properties. It is included in various over-the-counter and prescription medications, such as cold and flu remedies, wound care products, and dermatological treatments. Zinc citrate is used in various industrial applications, including in the textile industry for dyeing and finishing processes and in the manufacturing of zinc-containing chemicals. Demand in these sectors can be influenced by economic factors, market trends, and technological advancement.

Zinc Citrate Market Report Attributes
Report Attribute	Details
Base Year:	2022
Zinc Citrate Market Size in 2022:	USD 1.7 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.4%
2032 Value Projection:	USD 3.6 Billion
Historical Data for:	2018 – 2022
No. of Pages:	300
Tables, Charts & Figures:	137
Segments covered:	Product, Application, Region
Growth Drivers:	Growing pharmaceutical industry Rising consumer awareness on health benefits Increasing application in waste water treatment
Pitfalls & Challenges:	Price volatility of raw materials

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The price of raw materials used in the production of zinc citrate, such as zinc oxide and citric acid, can be subject to price volatility. This can affect the overall production costs and profit margins for manufacturers. The zinc citrate industry is subject to various regulations and standards, including those related to safety, quality, labeling, and permissible usage levels in different products.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The zinc citrate industry was valued at USD 1.7 billion in 2022 and is anticipated to register a CAGR of over 7.4% between 2023 and 2032.

Pharmaceuticals accounted for over 25% market share in 2022 and is projected to grow through 2032, driven by the product’s therapeutic properties, that can be used in cold and flu remedies, wound care products, and dermatological treatments.

North America Zinc Citrate market was worth over USD 0.5 billion in 2022 and will continue to grow through 2032. The demand for dietary supplements and nutraceuticals containing zinc citrate is driven by consumers' interest in maintaining overall health and boosting immunity.

American Elements, Global Calcium, Jost Chemical Co., Seidler Chemical Co., Inc., NOAH Technologies Corporation, L.C. Industries, Inc., and Nutraceutix.