Citrate & Citrate Salts Market, by Type (Citric Acid, Calcium Citrate, Potassium Citrate, Sodium Citrate, Others), Application (Food & Beverage, Pharmaceutical, Industrial, Others) & Region—Global Trends & Forecast to 2019
Citric acid is used for several household and industrial purposes, such as to control the growth of microorganisms, provide pH adjustment, provide sourness and tartness, and to enhance flavors. Increased focus on health, nutrition, and food safety is major driver for growth in consumption of citrate & its salts. Also, added emphasis on processed food products has resulted in a rising demand for citrate & citrate salts in the global food industry. This report on citrate & citrate salts has been classified into type and application segments. The market is projected to grow with the key manufacturers investing in strategic expansions, partnerships, and mergers & acquisitions.
The citrate & citrate salts market is segmented on the basis of types including citric acid and various citrate salts, industries in which they are applicable, and region-wise markets. The market for citrate & citrate salts is estimated to be valued more than $1.7 billion in 2014.
The citrate & citrate salts market is fragmented, with leading companies driving the growth by opting for extensive research & development and strategic mergers & acquisitions. The report further provides qualitative analysis of the prominent market players and their preferred development strategies.
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This report focuses on the citrate & citrate salts industry, which is segmented on the basis of type, application, and region.
Citrate & citrate salts market
On the basis of ingredient, the market has been segmented as follows:
- Citric Acid
- Calcium Citrate
- Potassium Citrate
- Sodium Citrate
- Others
On the basis of application, the market has been segmented as follows:
- Food & Beverage
- Pharmaceutical
- Industrial
- Others
On the basis of region, the market has been segmented as follows:
- North America
- Europe
- Asia-Pacific
- RoW
Growth opportunities and latent adjacency in Citrate & Citrate Sa