Mercado mundial de citrato monosódico: tendencias de la industria y pronóstico hasta 2029

Análisis y tamaño del mercado de citrato monosódico

Las crecientes preocupaciones sobre la seguridad han llevado a varios gobiernos a promulgar regulaciones estrictas para mantener y mejorar la calidad de los alimentos, cosméticos y productos químicos, lo que impulsa las ventas de citrato monosódico.

Data Bridge Market Research analiza que el mercado de citrato monosódico, valorado en 169,79 millones de dólares, se espera que alcance un valor de 348,38 millones de dólares en 2029, con una CAGR del 9,40 % durante el período de pronóstico. Además de los conocimientos sobre escenarios de mercado, como el valor de mercado, la tasa de crecimiento, la segmentación, la cobertura geográfica y los principales actores, los informes de mercado seleccionados por Data Bridge Market Research también incluyen un análisis profundo de expertos, producción y capacidad por empresa representada geográficamente, diseños de red de distribuidores y socios, análisis detallado y actualizado de tendencias de precios y análisis de déficit de la cadena de suministro y la demanda.

Alcance y segmentación del mercado del citrato monosódico

Definición de mercado

Monosodium citrate is the sodium salt of citric acid, which is used to alkalinize the urine. It is metabolised after absorption to produce bicarbonate, which is used to treat metabolic acidosis. The bicarbonate formed buffers excess hydrogen ions in the blood and raises the pH. During plasmophoresis, it is also used as an anticoagulant which helps in improving and maintain quality of the food.

Monosodium Citrate Market Dynamics

Drivers

• Various applications in the food and beverage industry is augmenting market growth

Monosodium citrate has numerous applications in the food and beverage industries. It is particularly useful in meat products to extend shelf life and preserve meat colour. As an emulsifier, flavour enhancer, and flavouring agent, monosodium citrate is also used. It is also used in the beverage industry to improve the flavour of sour drinks. It's also used as a pH and acidity regulator.

• Growing adoption from the personal care industries

The monosodium citrate market is being driven by rising global demand for cosmetics and personal care products. Factors such as an increase in online beauty spending, the expansion of social networks, consumers' increased interest in new and premium products, and the growth of the upper-middle-class population all contribute to the market's expansion.

Opportunity

Consumers all over the world are gravitating toward organic personal care products, owing to an increase in demand for organic compounds. This is expected to fuel the market during the forecast period. In the cosmetic industry, citrate is used in supercritical fluid technology to extract antioxidants.

Restraints

However, the high cost and side effects associated with sodium citrate, such as nausea, diarrhoea, dizziness, headache, stomach pain, and vomiting, will impede market growth and pose additional challenges to the sodium citrate market during the forecast period.

This monosodium citrate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Citrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Monosodium Citrate Market

Due to the global lockdown in several countries, the outbreak of the COVID-19 pandemic has disrupted the supply chain. Furthermore, due to uncertainty in the global economy and capital markets, the spread of coronavirus reduced demand for chemical intermediates. The citrate market has suffered as a result of the COVID-19 pandemic-related restrictions. The citrate market has been harmed by nationwide lockdowns and the closure of manufacturing facilities. However, the market is anticipated to expand at a healthy pace during the forecast period due to the acceptance of new normal conditions and restart of various end-use industries in many counties across the globe.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2021, International Flavors and Fragrances (IFF) will introduce YO-MIX ViV, a lactic acid bacteria culture-based product that will be used in ambient yoghurt and other fermented drinks. The product is aimed at the Asia-Pacific region, with a particular emphasis on China.
• LG Chem, a world-leading diversified chemical company, and ADM, a global provider of nutrition and biosolutions, signed a memorandum of understanding (MoU) in 2021 to investigate US-based lactic acid production in order to meet the growing demand for a variety of plant-based products, including Lactic Acid and Polylactic Acid for Bioplastics and Other Plant-Based Solutions.
• Total Corbion PLA, a 50/50 joint venture between Total and Corbion, has begun the front-end engineering design stage for its new 100,000-tonne-per-year Poly Lactic Acid (PLA) factory in Grandpuits, France, which is scheduled to open in 2021. When it opens in 2024, it will be the first of its kind in Europe. Total Corbion PLA would become the global PLA market leader, well positioned to meet the ever-increasing demand for Luminy® PLA resins.

Global Monosodium Citrate Market Scope

The monosodium citrate market is segmented on the basis of form, functionality and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

• Granules
• Crystals

Functionality 

• Acid Regulator
• PH regulator
• Buffering Agent
• Chelating Agent
• Flavour Enhancer
• Emulsifying Agent
• Others

End use

• Food and Beverage
• Cosmetic and Personal Care
• Pharmaceuticals
• Cleaners & Detergents
• Other Industrial Applications

Monosodium Citrate Market Regional Analysis/Insights

The monosodium citrate market is analysed and market size insights and trends are provided by country, form, functionality and end use as referenced above.

The countries covered in the monosodium citrate market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa

Asia-Pacific (APAC) is expected to grow during the forecast period of 2022 to 2029 due to the region's growing population, which is expected to strengthen end-user industries and generate demand for consumer goods, as well as boost demand for the monosodium citrate market.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Monosodium Citrate Market Share Analysis

El panorama competitivo del mercado del citrato monosódico proporciona detalles por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento del producto, la amplitud y la variedad del producto, el dominio de la aplicación. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado del citrato monosódico.

Algunos de los principales actores que operan en el mercado de citrato monosódico son:

• DSM (Países Bajos)
• BASF SE (Alemania)
• Grupo Lonza (Suiza)
• Glanbia Plc (Irlanda)
• ADM (Estados Unidos)
• Marcas Farbest (Estados Unidos)
• SternVitamin GmbH & Co. KG (Alemania)
• Adisseo (Francia)
• BTSA Biotecnologías Aplicadas SL (España)
• Rabar Pty Ltd (Australia)
• Orkla Health (Noruega)
• Epax (Noruega)
• BioProcess Algae LLC (Estados Unidos)
• Croda International plc (Reino Unido)

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