BUSINESS

Tricalcium Citrate Market is anticipated to top a valuation of US$ 586.0 Mn by 2032

According to Future Market Insights’ most recent market research, the global tricalcium citrate market is expected to reach US$ 370.2 million in 2022 and grow at a CAGR of 4.7% between 2022 and 2032. By the conclusion of the projection period, it is anticipated that the market will surpass a worth of US$ 586.0 Mn.

Tricalcium citrate is the most commonly used calcium salt of citric acid also referred to as tricalcium dicitrate tetrahydrate. Tricalcium citrate also denoted as calcium citrate is produced by neutralizing citric acid with a high quality calcium source such as calcium carbonate or calcium hydroxide. Tricalcium citrate is the most economic calcium salt, containing 21% of calcium. Tricalcium citrate is a white, odourless, crystalline powder or fine powder. Tricalcium citrate is freely soluble in diluted hydrochloric acid and slightly soluble in water. Tricalcium citrate is a better soluble at low temperatures as compared to other salts. Tricalcium citrate is insoluble in alcohol.

As tricalcium citrate has inverse solubility, it is less soluble under heat treatment as compared to other calcium salts. Due to its better bioavailability, tricalcium citrate is preferred over inorganic calcium sources such as calcium phosphate and calcium carbonate. Various regulation or requirements that tricalcium citrate have to meet are US Pharmacopeia (USP), the Food Chemicals Codex (FCC), and the Commission Regulation (EU) No. 231/2012.

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Tricalcium Citrate Market: Drivers & Restraints

Increasing awareness for health, nutrition and food safety are the major drivers for tricalcium citrate market. Food safety measures in developing and developed regions and emphasis on processed food are also driving the demand for tricalcium citrate market. Growth of end user industries particularly food & beverage and healthcare are also proving to be the growth drivers of tricalcium citrate market in both developed and developing regions. Availability in different micronized granulations, better compressibility, and low reactivity compared to other calcium salts are some of the properties which makes tricalcium citrate more favourable as compared to other calcium salts.

Tricalcium Citrate Market: Segmentation

On the basis of product type, the global Tricalcium Citrate market is segmented into

  • Granular
  • Micro ionized Powder
  • Powder

On the basis of end user application, the global Tricalcium Citrate market is segmented into

  • Food & Beverage
  • Personal Care
  • Cleaners & Detergents
  • Healthcare
  • Industrial Application
    • Agrochemicals
    • Fertilizers
    • Plastics
    • Polymers
  • Feed & Pet Food

Tricalcium Citrate Market: Region-wise Outlook

Current, North America serves as a largest market for tricalcium citrate due to flourishing end user industries such as healthcare, chemicals and consumer goods. Europe is estimated to be in second position. Europe accounting for a larger share in the market is due to growth in personal care and healthcare industry. Various efforts made by different regulatory authorities to promote processed food products have led to increase in the demand of tricalcium citrate in developed regions. Middle East & Africa tricalcium citrate market are also expected to grow during the forecast period. However, emerging countries such as India, China, UAE and Brazil are expected to have a significant market share in the near future. Asia Pacific (excluding Japan) is estimated to be the fastest growing market in terms of market share by value, particularly in fertilizers, personal care and healthcare end user applications.

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Tricalcium Citrate Market: Key Players

Some of the key market participants in the global Tricalcium Citrate market are City Chemical LLC, Parchem fine & speciality chemicals, Asiamerica Ingredients, Inc., Jost Chemical Co., Alfa Aesar, Dastech International Inc., Generichem, Jungbunzlauer Suisse AG, A.B. Enterprises

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments by geographies and by vehicle type.

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