Tricalcium Citrate Market Scope
Tricalcium citrate is the most used salt of citric acid and commonly used as a food additive, usually as a preservative and sometimes flavour as well. The tremendous growth in food & beverages and healthcare sector and increasing demand for the use of the mineral supplement in food additives is anticipated to propel the tricalcium citrate market globally.
According to AMA, the Global Tricalcium Citrate market is expected to see growth rate of 3.8% and may see market size of USD864.4 Million by 2026.
Research Analyst at AMA estimates that United States and Indian Vendors will contribute to the maximum growth of Global Tricalcium Citrate market throughout the predicted period.
BASF SE (Germany), City Chemical LLC (United States), Parchem fine & specialty chemicals. (United States), Asiamerica Group, Inc. (United States), Alfa Aesar (United States), Sucroal SA (Colombia), Dastech International Inc. (United States), Jost Chemical Co. (United States), Jungbunzlauer Suisse AG (Switzerland), Generichem Corporation (United States), Ningxiang Xinyang Chemical (China) and Showa Kako Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Bajaj Healthcare Ltd. (India), Nikunj Chemicals (India), A.B. Enterprises (India) and Krishna Chemicals (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Tricalcium Citrate market , by Application (Agrochemicals, Polymers, Fertilizers, Plastics and Others) and Region with country level break-up.
On the basis of geography, the market of Tricalcium Citrate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Various regulation or requirements that tricalcium citrate has to meet are United States Pharmacopeia (USP), the Food Chemicals Codex (FCC), and the Commission Regulation (EU) No. 231/2012.
- Increased Demand for Calcium Supplements Mostly among Millennial Population and Women
- Growing Awareness among Consumers about Nutrition, Health and Food Safety
- Increased in Number of End-User Industries Particularly Food & Beverages and Healthcare
- Availability in Various Micronized Granulations, Better Compressibility and Low Reactivity
- Consistent Expansion of Personal Care Product Sector Will Demand the Tricalcium Citrate Market
- Rising Demand for Organic Edibles Globally
- High Price of the Tricalcium Citrate Product as Compared to Calcium Salts
- Availability of Substitute such as Calcium Hydroxyapatite and Fluctuation of Raw Material Prices
Key Target AudienceTricalcium Citrate Manufacturers, Distributors, Suppliers, Raw Material Suppliers, Distributors, Wholesalers, Chemical Companies, End-User Industries, Government Regulatory Bodies and Others