The global potassium citrate market size is expected to reach USD 868.9 million by 2025, according to a report by Grand View Research, Inc., registering a CAGR of 3.7% during the forecast period. Increasing demand for potassium citrate on account of to its superior properties such as high water solubility, high chemical and microbiological stability, and outstanding biodegradability is anticipated to propel industry growth.
Emulsifiers perform various functions, such as potassium fortification, treatment of bladder infection and kidney stones, and as a sequestering agent. This has upped its demand in desserts, confectionery, bakery, juices and drinks, and syrups.
The personal care and household application accounted for 9.34% of the overall revenue in 2016 and is projected to exhibit steady growth on account of high utilization of potassium citrate in color cosmetics, skin care, deodorants, oral care, hair care, and soap and bath products. Growing demand for the product as a systemic alkalizer in the pharmaceutical sector is likely to augment industry demand.
Full Research Report On Potassium Citrate Market Analysis: www.grandviewresearch.com/industry-analysis/potassium-citrate-market
Further key findings from the report suggest:
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Grand View Research has segmented the global potassium citrate market on the basis of function, application, and region:
Potassium Citrate Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
Potassium Citrate Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
Potassium Citrate Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
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