Zinc Citrate Market - By Product (Zinc Citrate Dihydrate, Zinc Citrate Trihydrate), By Application (Pharmaceuticals, Food & Beverages, Dietary Supplements, Oral Care, Cosmetics & Personal Care), Forecast 2023 - 2032

Zinc Citrate Market - By Product (Zinc Citrate Dihydrate, Zinc Citrate Trihydrate), By Application (Pharmaceuticals, Food & Beverages, Dietary Supplements, Oral Care, Cosmetics & Personal Care), Forecast 2023 - 2032

Zinc Citrate Market size is poised to depict more than 7.4% CAGR from 2023-2032, due to the increasing consumption of dietary supplements worldwide.

The ongoing innovations in product formulations is driving the demand for zinc citrate in novel and diverse applications to cater to the rising consumer requirements. Of late, there have also been significant research activities to demonstrate the effectiveness of zinc citrate on treating cervical human papillomavirus (HPV). For instance, according to a study proposed by Asian Pacific Journal of Cancer Prevention in October 2021, a certain zinc citrate preparation is found to induce apoptosis in cervical neoplastic cells through p-53 dependent and independent pathways. The growing emphasis by manufacturers on exploring novel ways to incorporate zinc citrate into different products will also supplement the market growth.

The industry is segmented on the basis of product, application, and region.

In terms of product, the zinc citrate trihydrate market value may record robust CAGR from 2023 to 2032 driven by increasing incorporation in oral care products, such as toothpaste and mouthwash to render antimicrobial properties. Zinc citrate, given its bioavailability, is commonly used in dietary supplements to cater to consumers looking for easily absorbable supplements. The ongoing R&D activities focusing on the benefits and applications of zinc citrate trihydrate will also outline the segment expansion.

Based on application, the zinc citrate industry size from the food & beverages segment will expand at over 4% growth rate up to 2032 attributable to rising incorporation in cereals, snack bars, and certain types of beverages. On account of its crucial role in various physiological functions, such as immune function and wound healing, zinc citrate is used in the formulation of dietary supplements. Lately, bakery products, such as breads and biscuits are also enriched with zinc for enhancing their nutritional content, adding to the segment growth.

Regionally, the Europe zinc citrate market size is projected to witness significant expansion through 2032 due to growing consumer preference for sustainable and clean label products in various industries. The rising usage of cosmetic and personal care products across the region to offer potential benefits for skin health is driving the need for functional ingredients for targeting multiple skin concerns. The increased interest in zinc-fortified products to address potential deficiencies will also anchor the regional industry expansion.