PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1302949
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1302949
Potassium citrate is a type of citric acid salt that is crystalline and white. A few superior qualities of potassium citrate include flavor profile, hygroscopicity, and high solubility rate. Potassium citrate has several uses in various sectors, including foods and drinks, pharmaceuticals, cosmetics, and personal care items.
Consumers' quality of life has greatly improved, mostly due to improved personal income. As a result of rising health consciousness among consumers, the population's eating habits have shifted substantially. Furthermore, companies are investing a lot of time and resources in developing products composed of natural ingredients and specialized goods that improve health. Therefore, the global potassium market is expected to grow during the projected period due to the rising demand for low-sodium products. Potassium citrate is also used as a supplement or medication to treat the low potassium level in the blood level. It also has applications in other end-user industries, such as cosmetics, personal care, pharmaceutical, etc. Therefore, one of the primary factors driving the growth of the potassium citrate market is the wide use of the product across end-user industry verticals.
However, complex laws, restrictions, possible side effects, high & volatile prices of raw materials, and a lack of knowledge obstruct the growth of the global market for potassium citrate during the analysis period.
Potassium citrate is primarily used as a food ingredient to control the product's acidity. It is also used as a buffering ingredient in several soft drinks and as an emulsifier in baked goods and packaged products to increase its shelf life. Potassium citrate is usually used as a sodium citrate replacement. Potassium citrate is utilized in foods with low sodium content. Excess salt consumption increases the risk of a heart attack. The recommended sodium consumption limit is 1,500 mg per day. However, the average sodium consumption in the United States is over 3,400 mg daily, nearly twice. Including potassium in your diet can help you prevent the health problems caused by salt.
Potassium citrate is also used as a mineral supplement or medication to control the potassium level in the blood. Potassium citrate aids in the healthy functioning of your cells, kidneys, heart, muscles, and nerves. If the patient is hypokalemic, potassium citrate is an effective technique to manage arrhythmia. It's also used as an alkalizing agent to treat minor urinary tract infections like cystitis and prevent incidents of other kidney disorders such as stones. According to the official data, with almost 1 million prescriptions in 2020, potassium citrate was the 297th most widely prescribed drug in the United States.
Potassium citrate salt is also used as an alkalizing agent in cosmetics and personal care products to adjust their acid and base balance and naturally increase the product's shelf life.
Asia Pacific region is anticipated to hold a significant market share in potassium citrate. This region will witness high growth during the forecast period due to the rising health copiousness among consumers, increased urbanization, and rising disposable income. Potassium citrate is in high demand in growing markets such as China and India. This region's market is expanding due to the presence of a well-established pharmaceutical and food & beverage industry. China's rise in detergents, agrochemicals, fertilizers, metal surface treatment, cosmetics, and medicines will also benefit the Asia Pacific market. In addition, the prevalence of key market players such as Foodchem International Corporation, Huangshi Xinghua Biochemical, and RZBC Group Co., Ltd. is also spurring the growth of potassium citrate in this region. India, China, Japan, South Korea, Thailand, Taiwan, and Indonesia are prime markets in the Asia Pacific region.