The Global Sodium Citrate market was valued at $1.02 billion in 2020 and , growing at a CAGR of 5.6% during the forecast period.
Global Sodium Citrate Market: Breakup by Region, 2022 & 2031
Source: Primary Research and Secondary Research Analysis
Sodium Citrate is a white crystalline powder with a sour taste that is commonly used as a food additive and pharmaceutical ingredient. It is widely used in various applications such as food and beverages, pharmaceuticals, and personal care products. The global Sodium Citrate market is expected to grow at a significant rate in the coming years, driven by various market drivers.
Market Drivers:
Growing food and beverage industry: Sodium Citrate is widely used in the food and beverage industry as a flavoring agent, pH regulator, and preservative. As the food and beverage industry continues to grow, the demand for Sodium Citrate is expected to increase.
Increasing demand for personal care products: Sodium Citrate is also used in personal care products such as shampoos, soaps, and detergents as a chelating agent and pH regulator. The growing demand for personal care products is expected to drive the growth of the Sodium Citrate market.
Rising demand for pharmaceuticals: Sodium Citrate is used in various pharmaceutical applications such as anticoagulants, diuretics, and as an ingredient in electrolyte solutions. The increasing demand for pharmaceuticals is expected to drive the growth of the Sodium Citrate market.
Growing demand for clean label products: Consumers are becoming increasingly aware of the ingredients used in the products they consume and are seeking clean label products. Sodium Citrate is considered a safe and natural ingredient, making it a popular choice among manufacturers of clean label products.
Global Sodium Citrate Market Research Report, 2020-2031
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