Sodium Citrate Market Size – USD 724.3 Million in 2018, Growth - CAGR of 4.7%, Trends.

New York, NY -- (SBWire) -- 09/25/2020 --The Global Sodium Citrate Market is forecast to reach USD 1.05 Billion by 2027, according to a new report by Reports and Data. Sodium Citrate or trisodium citrate is an odorless hygroscopic crystalline common potassium salt of citric acid with alkalinizing property, which is manufactured by complete neutralization of citric acid with a high purity sodium carbonate or sodium bicarbonate and subsequent crystallization. The global market is growing at a substantial pace due to the growing demand for sodium citrates in food processing applications and kidney ailments. An escalation in the number of uric acid & calcium kidney stone diseases and disorders in urination has actively uplifted the demand for Sodium Citrate.

The report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis. The pandemic has changed the market dynamics with disruption in the supply chain, changes in demands and trends, and economic scenario. The report analyses the initial and future impact of the COVID-19 pandemic on the growth of the market and offers insights into prospects and remuneration outlook in a post-COVID-19 scenario.

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The Global Sodium Citrate Market is anticipated to dominate the economic landscape of the world, recording a substantial growth rate over the coming years. This growth can be attributed to the rapidly evolving industry infrastructure, commercialization, and changes in the demands of the Sodium Citrate market. The   growth has established a strong foothold of the products and services offered by the Sodium Citrate market.

Prominent players analyzed in the report are BASF SE, The Archer Daniels Midland Company, Pan Chem Corporation, Gadot Biochemical Industries Ltd., Cargill, Incorporated, ATP Group, Tate & Lyle PLC, S.A. Citrique Belge N.V., Jungbunzlauer Suisse AG, and Huangshi Xinghua Biochemical Co Ltd, among others. The report covers the profiles of the key contenders and offers an all-inclusive analysis of their business overview, market share, market size, production and manufacturing capacity, value chain analysis, and strategic initiatives such as mergers and acquisitions, collaborations, joint ventures, partnerships, and brand promotions and product launches among others. It also covers their sales channel and distribution network, along with import/export activities, market presence, product portfolio, and other key factors to offer a comprehensive overview of the competitive landscape.

Moreover, the report covers a thorough regional analysis to offer a better understanding of production and consumption patterns, supply and demand ratio, revenue contribution, market share and size, presence of prominent players, and import/export ratio.

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For the purpose of this report, Reports and Data have segmented the global Sodium Citrate market on the basis of distribution channel, application, end-use verticals, and region:

Distribution Channel Outlook (Revenue, USD Billion; 2016-2027)

Online Retailing
Offline Retailing

Application Outlook (Revenue, USD Billion; 2016-2027)

Acidulant
Diuretic
Buffering & Sequestering Agent
Other Applications

End-Use Verticals Outlook (Revenue, USD Billion; 2016-2027)

Food & Beverage Industry
Medical & Pharmaceutical
Personal Care Products
Others

The key geographical regions analyzed in the report are:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Objectives of the Sodium Citrate Market Report:

Analysis and forecast of the Global Sodium Citrate Market by segmentation of the market
Analysis of various macro and micro-economic factors influencing the growth of the market
Extensive SWOT analysis and Porter's Five Forces analysis to offer a detailed view of the competitive landscape
Insights into drivers, restraints, opportunities, limitations, threats, and challenges
Analysis of the key players operating in the industry
Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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