Tricalcium Citrate Market is going to hit USD xx million by 2023
Tricalcium Citrate Market Size and Growth Rate
Tricalcium Citrate Market was valued at USD 640 million in 2017 and projected to reach USD 800 million by 2023 growing at a CAGR of 3.5% during the forecast period 2017 to 2023.
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Tricalcium Citrate Market Growth Drivers and Restraints:
The growth of end-user industries, particularly food, beverages and medical care, is driving the growth of the tricalcium citrate market in developed and developing regions. Availability under different micronized granulations, better compressibility and low reactivity compared to other calcium salts are among the properties that make this product more favorable compared to other calcium salts.
Geographical Overview of Tricalcium Citrate Market:
The market in the Middle East and Africa will grow during the forecast period. However, emerging countries such as India, China, the United Arab Emirates and Brazil are expected to have a significant market share in the near future. Asia Pacific is the fastest growing market in terms of value share, especially for fertilizer, personal care and health care applications.
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Key Players of Tricalcium Citrate Market:
Some of the leading market players of Tricalcium Citrate Market are City Chemical LLC, Parchem fine & speciality chemicals, Asiamerica Ingredients Inc., Jost Chemical Co., Alfa Aesar, Dastech International Inc., Generichem and others.
Tricalcium Citrate Market Segmentation:
By Product:
- Granular
- Micro ionized Powder
- Powder
By End User / Application:
- Food & Beverage
- Personal Care
- Cleaners & Detergents
- Healthcare
- Industrial Application
- Feed & Pet Food
By Region:
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
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