Global Potassium Citrate Market 2018-2022

Below are some of the key findings from the potassium citrate market research report

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Global Potassium citrate Industry Overview

The growing demand from the food and beverage industry is one of the primary factors that will drive the potassium citrate market growth. Potassium citrate is a vital component used in the food industry. It is used as an additive in processed food items, and as a buffering agent to reduce and balance the tart flavor in sodas. With manufacturers focused on increasing the production speed and output, the food and beverage industry is expected to grow substantially, which will increase the demand for potassium citrate.

The use of potassium citrate as effective substitute for other chemicals is one of the key potassium citrate market trends. Citric acid is the raw material used for production of potassium citrate, which is derived from renewable sources and preferred over chemical alternatives. Therefore, potassium citrate can be an effective substitute for several products such as sodium bicarbonate, potassium chloride, sodium chloride, and glucose. The potassium citrate market forecast predicts the market will grow at a CAGR of almost 4% during the forecast period.

Top potassium citrate companies covered in this market research report

The potassium citrate market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this potassium citrate industry analysis report will help clients identify and design new growth strategies.

The report offers a complete analysis of various companies including:

• Archer Daniels Midland Company
• atpgroup
• Cargill, Incorporated
• FBC Industries
• Gadot Biochemical Industries
• Tate & Lyle

Potassium citrate market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global potassium citrate market analysis reveals that the APAC region will lead the potassium citrate market share till the end of forecast period and the region will also account for the highest potassium citrate market growth.

Potassium citrate market segmentation based on product type

• Monohydrate
• Anhydrate

The monohydrate segment will dominate the potassium citrate market share and will also account for the highest incremental growth during the forecast period. Additionally, the report also provides an accurate prediction of the contribution of all the various products to the growth of the potassium citrate market size.

Key highlights of the global potassium citrate market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the potassium citrate market during the next five years
• Precise estimation of the global potassium citrate market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the potassium citrate industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of potassium citrate companies

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