Market Size of Potassium Citrate Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.70 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Potassium Citrate Market Analysis
Potassium Citrate Market and is expected to reach USD 817.51 million by 2024, growing at a CAGR of 3.70%.Potassium citrate has wide range of applications in a number of industries, such as foods & beverages, pharmaceuticals, cosmetics, as well as personal care products.In the food & beverage industry, it hasapplicationssuch as acidity regulator, firming agent, and a preservative. Potassium citrate has its major applications in the food industry. Food industry holds the major share of more than 60% of the total potassium citrate usage. The demand for low sodium products and the increased industrial applications of potassium citrate has boosted the market. Asia Pacific is the largest market for potassium citrate atthe global level.