Scope of the Study
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.
The market study is being classified by Type (Powder, Solid, Liquid and Granular Forms), by Application (Food & Beverage, Healthcare, Personal Care, Cleaners & Detergents, Feed and Pet Food and Others) and major geographies with country level break-up. 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 2024.
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 profiled in the study. 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).
Research Analyst at AMA predicts that United States and Indian Vendors will contribute to the maximum growth of Global Tricalcium Citrate market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Tricalcium Citrate market by Type, Application and Region.
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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- 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
- Increased Demand for Calcium Supplements Mostly among Millennial Population and Women
- High Price of the Tricalcium Citrate Product as Compared to Calcium Salts
- Consistent Expansion of Personal Care Product Sector Will Demand the Tricalcium Citrate Market
- Rising Demand for Organic Edibles Globally
- Availability of Substitute such as Calcium Hydroxyapatite and Fluctuation of Raw Material Prices
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.
Key Target AudienceTricalcium Citrate Manufacturers, Distributors, Suppliers, Raw Material Suppliers, Distributors, Wholesalers, Chemical Companies, End-User Industries, Government Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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