Zinc Citrate Market Size, Share, Opportunities, And Trends By Type (Dihydrate Type, Trihydrate Type, Others), By Application (Personal Care, Healthcare, Industrial, Food & Beverages, Pharmaceutical), And By Geography - Forecasts From 2023 To 2028

  • Published : Apr 2023
  • Report Code : KSI061614921
  • Pages : 140

Zinc citrate, a salt of citric acid and zinc, is a colorless and odorless powder extensively utilized in the food, pharmaceutical, and oral care sectors. Thanks to its water solubility, it is a preferred choice for zinc supplementation. The compound can be found in several forms, such as capsules, tablets, powders, and liquids, which are tailored to specific uses. In the current global market, the demand for zinc citrate is expected to increase in the upcoming years. This projection is attributed to a variety of factors and advancements that are contributing to its growing popularity. Among them are the compound's numerous beneficial properties, such as its capacity to boost immunity, improve skin health, and aid in wound healing.

Furthermore, zinc citrate's effectiveness in preventing common colds and its role in promoting overall well-being is driving demand in the supplement industry. Its widespread application in the food industry is also expected to contribute to its growth, owing to the compound's capacity to extend the shelf life of food products.

Key Drivers

  • Increasing demand for oral care products

Zinc citrate has gained widespread usage in various oral care products like mouthwash, chewing gum, and toothpaste due to its antibacterial and antifungal properties. It is particularly useful in preventing the growth of harmful bacteria responsible for oral health problems such as cavities, gum disease, and bad breath. The oral care products market has been on the rise due to increased awareness of the importance of oral hygiene and the growing incidence of dental problems, leading to increased demand for zinc citrate. As more people become conscious of the need to maintain good oral health, the demand for oral care products is expected to increase, driving the growth of the zinc citrate market. With its exceptional solubility in water and versatility in different forms like capsules, powders, tablets, and liquids, zinc citrate is poised to be an essential ingredient in the oral care products market, contributing significantly to its growth in the coming years.

  • Growing demand for dietary supplements

Zinc citrate is a widely used dietary supplement that provides the body with essential zinc, which is crucial for various bodily functions. One of the vital roles played by zinc is in maintaining the immune system, wound healing, and cell growth. A deficiency of zinc can lead to numerous health problems such as delayed growth and development, a weakened immune system, and impaired wound healing. Thus, to prevent such health issues, the demand for zinc citrate as a dietary supplement is increasing, driven by the growing awareness of the health benefits of zinc supplementation. Zinc citrate is highly soluble in water, making it an excellent source of zinc, and it is available in various forms such as capsules, tablets, powders, and liquids. As the importance of maintaining good health becomes increasingly evident, the demand for zinc citrate as a dietary supplement is expected to rise significantly in the coming years.

Key Developments

  • In August 2022, Dr. Paul Lohmann GmbH KG, a leading manufacturer of mineral salts, announced the launch of a new grade of zinc citrate. This new product is expected to cater to the increasing demand for high-quality zinc citrate, especially in dietary supplements and other applications. As a leading player in the market, the company's move to launch a new product underscores its commitment to meeting the evolving needs of its customers and the market. The high solubility and excellent bioavailability of the new grade of zinc citrate is expected to make it more effective and efficient for various applications, further driving its adoption and growth in the market.
  • In May 2022, Prinova Europe Limited, a prominent provider of ingredients and flavors, has announced the acquisition of Plandai Biotechnology, Inc. Plandai Biotechnology, Inc. is a key player in the production of botanical extracts and nutritional supplements, including zinc citrate. This acquisition is expected to enhance Prinova's market position in the dietary supplement sector and increase its range of products.

Asia-Pacific to show higher growth

In the upcoming years, the Asia-Pacific region is anticipated to experience a substantial increase in the zinc citrate market. This is mainly attributed to the rising demand for both oral care products and dietary supplements. The markets in countries like China, India, and Japan are expected to lead the way for zinc citrate sales in the region. The rise in dental problems and growing awareness regarding the advantages of zinc supplementation are driving the demand for zinc citrate. As oral hygiene becomes a more critical concern in the region, the demand for zinc citrate in oral care products such as toothpaste, mouthwash, and chewing gum is also expected to increase. Furthermore, zinc plays a vital role in various bodily functions, including wound healing, immune function, and cell growth. Hence, the need for zinc citrate as a dietary supplement is also predicted to surge in the Asia-Pacific region.

North America accounts for a notable share of the zinc citrate market, driven by the growing demand for oral care products and dietary supplements. The region is home to several leading manufacturers of zinc citrate, including Jost Chemical Co. and Dr. Paul Lohmann GmbH KG. The increasing adoption of zinc citrate in the pharmaceutical industry for the treatment of various diseases is also driving the growth of the market in the region.

Segmentation

  • BY TYPE
    • Dihydrate Type
    • Trihydrate Type
    • Others
  • BY APPLICATION
    • Personal care
    • Healthcare
    • Industrial
    • Food & Beverages
    • Pharmaceutical
  • BY GEOGRAPHY
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East And Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. ZINC CITRATE MARKET ANALYSIS, BY TYPE

5.1. Introduction

5.2. Dihydrate Type

5.3. Trihydrate Type

5.4. Others

6. ZINC CITRATE MARKET ANALYSIS, BY APPLICATION

6.1. Introduction

6.2. Personal care

6.3. Healthcare

6.4. Industrial 

6.5. Food & Beverages

6.6. Pharmaceutical

7. ZINC CITRATE MARKET, BY GEOGRAPHY

7.1. Introduction 

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Taiwan

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Jungbunzlauer Suisse AG

9.2. Gadot Biochemical Industries

9.3. Xinyang Chemical

9.4. Jost Chemical Co

9.5. Penglai Marine

9.6. TIB Chemicals

9.7. Feiyu Chemical

9.8. Global Calcium


Jungbunzlauer Suisse AG

Gadot Biochemical Industries

Xinyang Chemical

Jost Chemical Co

Penglai Marine

TIB Chemicals

Feiyu Chemical

Global Calcium


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