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Zinc Citrate Market Analysis
- Report ID: GMI3546
- Published Date: Oct 2023
- Report Format: PDF
Zinc Citrate Market Analysis
Based on product, the market is divided into Zinc Citrate Dihydrate, Zinc Citrate Trihydrate, Others. Zinc Citrate Dihydrate segment held the dominant market share of USD 1.2 billion in 2022. The demand for zinc citrate dihydrate in nutraceuticals is driven by its high bioavailability and suitability for dietary supplements. Consumers seek products that are easily absorbed to support their health, and zinc citrate dihydrate fits this demand. Zinc citrate trihydrate is widely used in oral care products, such as toothpaste and mouthwash.
Based on application, the zinc citrate market is categorized into Pharmaceuticals, Food & Beverages, Dietary Supplements, Oral Care, Cosmetics & Personal Care, Others. Pharmaceuticals accounted for over 25% business share in 2022 and is projected to grow through 2032. In the pharmaceutical industry, the demand for zinc citrate is driven by its therapeutic properties. Zinc citrate may be used in cold and flu remedies, wound care products, and dermatological treatments, leading to steady demand.
North America dominated the zinc citrate market in 2022. Within North America, the U.S. generated a revenue of over USD 0.5 billion in 2022. The North American region places a strong emphasis on health and wellness. The demand for dietary supplements and nutraceuticals containing zinc citrate is driven by consumers' interest in maintaining overall health and boosting immunity, particularly in light of public health concerns.
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Zinc Citrate Market Scope
