Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 754.56 Million | USD 1252.71 Million | 5.2% | 2024 |
The global potassium citrate market size was worth around USD 754.56 Million in 2024 and is predicted to grow to around USD 1252.71 Million by 2034 with a compound annual growth rate (CAGR) of roughly 5.2% between 2025 and 2034. The report analyzes the global potassium citrate market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the potassium citrate industry.
The report analyzes the global potassium citrate market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the potassium citrate market.
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A white, odorless, citric, hygroscopic crystalline powder known as potassium citrate (K3C6H5O7) or tri-potassium citrate is produced by mixing potassium bicarbonate and citric acid. It functions as a crucial mineral for regulating cell activity, maintaining bodily fluid content, and balancing electrolytes. This in turn aids in the treatment of kidney stone problems, lowers the risk of metabolic diseases, produces alkalizing effects in the body to maintain a healthy heart, regulates muscle and nerve function, and balances urinary pH levels.
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Growing personal care and cosmetics demand in developing economies to drive the market growth
In a variety of cosmetic products, including soap, colors, oral care items, infant items, hair products, skin products, and others, potassium citrate, the potassium salt of citric acid, is used to treat skin conditions. Potassium citrate bonds metals and regulates the acid/base balance, which further aids in the natural preservation of cosmetics and personal care items.
This means that the global potassium citrate market is expected to develop as a result of the expansion of the cosmetics sector. China's cosmetics business grew by 15.33% in 2019, from US$ 56.21 billion to US$ 61.45 billion, according to Cosmetic Europe, a personal care organization. Other Asian nations like India and Japan are also experiencing a boom in the cosmetics business. Cosmetic Europe, a trade group for personal care products, estimates that the Indian cosmetics market grew by $13.43 billion in 2019 as opposed to $12.63 billion in 2018.
In addition, the US cosmetics market increased by 3.95% in 2019 from US$ 79.36 billion to US$ 82.50 billion. As a result, the demand for potassium citrate as a cosmetic astringent is expected to increase due to the developing cosmetic sector.
Availability of substitutes to limit the market growth
For certain patients, the cost of long-term potassium citrate therapy may be a financial strain. To control hypocitraturic calcium kidney stones, the alternative intervention of ingesting citrus fruits, particularly lemons, has been suggested. Thus, the availability of substitutes might be hampering the potassium citrate industry growth during the forecast period.
Growing healthcare consumption provides a lucrative opportunity
Potassium citrate is used to eliminate protons, or positively charged atoms, which lowers the acidity of the urine and lowers the risk of stroke. Potassium citrate preserves optimum pH levels for bone health and guards against increased urine saturation brought on by high-protein meals. In addition, potassium citrate aids in kidney stone prevention and uric acid elimination. Additionally, it helps both prevent and treat some metabolic issues (acidosis) brought on by renal illness. Therefore, it is predicted that the global potassium citrate market will expand as a result of the extensive use of potassium citrate in healthcare.
Adverse impact on health act as a major challenge
The potassium salt of citric acid, potassium citrate, can cause several health problems, including black stools, confusion, dizziness, irregular heartbeat, chest pain, high blood pressure, stomach pain, difficulty swallowing, unusual weakness, and others. Additionally, difficulties with quick weight gain, unusually cold skin, and tingling in the hands & feet are brought on by high potassium levels in the blood. Additionally, it damages tissue, which can hinder the potassium citrate industry from expanding.
The global potassium citrate market is segmented based on purity, application, end-use industry, and region
Based on the purity, the global market is bifurcated into less than 98.0%, 98%-99 %, and above 99%. The above 99% segment accounted for the largest revenue share in 2021 and is expected to dominate during the forecast period. Potassium citrate can be conveniently supplied in high-density polythene bags by vendors due to its purity.
They have a 1.182 g/cm3 density and a 230°C melting temperature. A whitish crystalline powder called potassium citrate dissolves in water at 20°C. Thus, the market is anticipated to be driven by the use of this pure potassium citrate as a food additive in food processing.
Based on the application, the global potassium citrate market is categorized into buffering agents, flavoring agents, stabilizers, anti-oxidation agents, emulsifiers, acidity regulators, and others. The flavoring agent is projected to hold the largest market share over the forecast period. The growth in the segment is attributable to maintaining the standard for soft drinks while improving the quality of packaged food.
To maintain acidity, fortify potassium, chelate metal ions, and reduce sodium content in beverages, food-grade potassium citrate can be used to alter pH levels. For processed foods, potassium citrate is utilized as a food ingredient and preservative.
The food processing industry in India is one of the biggest in the world and is anticipated to reach US$ 535 billion by 2025, according to the India Brand Equity Foundation (IBEF). Between April 2014 and March 2020, the booming food business attracted $4.18 billion in foreign direct investments. As a result, it is predicted that increased investment in the food industry will increase the demand for potassium citrate.
Based on the end-use industry, the market is segmented into food & beverages, pharmaceutical, cosmetics & personal care, industrial, and others. The food & beverages segment is expected to dominate the market during the forecast period. The food and beverage industry uses potassium citrate, a potassium salt of citric acid, as a food additive.
A buffer to control pH levels (between 7.5 and 9) in an alkaline state can block the activity of some enzymes and extend the shelf life of food by using potassium citrate. Additionally, potassium citrate is utilized as a flavoring additive to give foods and drinks a balanced flavor by adding a sour taste and reducing their acidity. As a result, potassium citrate is needed as a food additive for food processing, where the market is expected to expand.
Report Attributes | Report Details |
---|---|
Report Name | Potassium Citrate Market |
Market Size in 2024 | USD 754.56 Million |
Market Forecast in 2034 | USD 1252.71 Million |
Growth Rate | CAGR of 5.2% |
Number of Pages | 187 |
Key Companies Covered | Jungbunzlauer Suisse AG, Archer Daniels Midland Company (ADM), FBC Industries, Inc., Tate & Lyle PLC, Gadot Biochemical Industries Ltd., RZBC Group Co., Ltd., and others. |
Segments Covered | By Product Type, By End Use Industries, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific is expected to dominate the market during the forecast period
The Asia Pacific dominated the global potassium citrate market in 2021 with a share of more than 40% and is expected to show its dominance over the forecast period. The growth in the region is attributed to the rising use of stabilizers, anti-oxidants, and other substances from a variety of end-use industries, including personal care & cosmetics, food & beverages, and other end-use industries in Asian countries.
The need for potassium salts of citric acid as flavoring agents is predicted to increase in countries like India, China, Japan, and others, which presents a market potential. The use of potassium citrate is therefore predicted to increase due to the expanding variety of end-use industries in Asian nations.
China's food and beverage industry grew by US$595 billion in 2019, a 7.8% growth from 2018, according to the China Chain Store & Franchise Association. In addition, the personal care market in India is anticipated to reach US$ 20 billion by 2025, according to the India Brand Equity Foundation (IBEF). Furthermore, the cosmetics industry in Japan climbed to euro US$ 36.49 billion in 2019 from US$ 34.7 billion in 2018, according to Cosmetic Europe, a personal care association. Thus, the aforementioned facts supported the expansion of the market over the forecast period.
Besides, North America accounted for a significant market share of potassium citrate in 2021 and is expected to continue this pattern over the forecast period. The growth in the North American region is owing to the growing demand from consumers for various skincare goods like peels, creams, and face masks. Moreover, the United States is the largest exporter of personal care & cosmetics products For instance, according to data from the U.S. Department of Commerce, the U.S. exported $838 million worth of personal care and cosmetic products to China in 2020, an increase of 2.2% from the previous year.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the potassium citrate market on a global and regional basis.
The global potassium citrate market is dominated by players like:
The global potassium citrate market is segmented as follows;
By Product Type
By End Use Industries
By Region
FrequentlyAsked Questions
The global potassium citrate market is expected to grow due to rising demand in pharmaceuticals for kidney stone treatment, increasing use in food & beverages as a preservative and acidity regulator, growing health-conscious consumer trends, and expanding applications in nutraceuticals and supplements.
According to a study, the global potassium citrate market size was worth around USD 754.56 Million in 2024 and is expected to reach USD 1252.71 Million by 2034.
The global potassium citrate market is expected to grow at a CAGR of 5.2% during the forecast period.
North America is expected to dominate the potassium citrate market over the forecast period.
Leading players in the global potassium citrate market include Jungbunzlauer Suisse AG, Archer Daniels Midland Company (ADM), FBC Industries, Inc., Tate & Lyle PLC, Gadot Biochemical Industries Ltd., RZBC Group Co., Ltd., among others.
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