The global Potassium Citrate market size accounted for USD 577 million in 2024 and is expected to exceed around USD 783 million by 2034, growing at a CAGR of 3.1% from 2024 to 2034.
The potassium citrate market is a crucial segment of the specialty chemicals industry. This industry deals in the manufacturing and distribution of potassium citrate for several end-users. This potassium salt comes with a molecular formula of K3C6H5O7 and is odorless in nature. There are numerous types of potassium citrate available on the market, including monohydrate potassium citrate and anhydrous potassium citrate. The rising use of potassium salts in the bakery sector is driving the market growth. This market is expected to rise significantly with the growth of the chemicals and materials industry across the globe.
The rising use of these compounds due to their several functions, such as emulsifier, acidulant, diuretic, antioxidant, stabilizer, and some others, has driven the market growth. Also, the growing application of potassium salts in the food and beverage sector for flavoring and preserving processed foods is a crucial factor that contributes to the industrial expansion. Moreover, the increasing demand for these salts from the pharmaceutical and cosmetics industries for manufacturing drugs and oral care products is expected to boost the growth of the potassium citrate market. The rising adoption of potassium citrate for treating kidney diseases along with numerous research activities for developing therapeutics to increase bone density in human beings is expected to create ample growth opportunities for the market players in the future.
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| Stats ID: | 7064 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7064 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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