Zinc Citrate Market Size

Zinc Citrate Market size was valued at USD 1.7 billion in 2022 and is anticipated to register a CAGR of over 7.4% between 2023 and 2032. Zinc citrate is commonly used in dietary supplements due to its bioavailability and ease of absorption. Increasing consumer awareness of the importance of zinc for overall health and immunity has led to a growing demand for dietary supplements containing zinc citrate.

Zinc citrate is used in pharmaceuticals for its therapeutic properties. It is included in various over-the-counter and prescription medications, such as cold and flu remedies, wound care products, and dermatological treatments. Zinc citrate is used in various industrial applications, including in the textile industry for dyeing and finishing processes and in the manufacturing of zinc-containing chemicals. Demand in these sectors can be influenced by economic factors, market trends, and technological advancement.

The price of raw materials used in the production of zinc citrate, such as zinc oxide and citric acid, can be subject to price volatility. This can affect the overall production costs and profit margins for manufacturers. The zinc citrate industry is subject to various regulations and standards, including those related to safety, quality, labeling, and permissible usage levels in different products.