About Potassium Citrate Market
Potassium citrate (K3C6H5O7), also known as tripotassium citrate, is the potassium salt of citric acid. It is an odorless, white, and crystalline powder and contains approximately 38.28% potassium by mass. Moreover, it is produced by addition of potassium bicarbonate/potassium carbonate to citric acid or by neutralizing citric acid via a submerged fermentation process. Tripotassium citrate is slightly alkaline and non-toxic with low reactivity. Also, the compound is chemically stable at ambient temperatures. However, it is very hygroscopic in its monohydrate form and should be prevented from exposure to humidity.
The demand for potassium citrate for preparation of low-sodium foods and from the dairy segment is expected to drive the market during the forecast period. The market in APAC and Europe is expected to witness the highest growth during 2018-2022 due to the size and growth of the food and beverage industry in these regions.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Citrate Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Potassium Citrate Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Potassium citrate (K3C6H5O7), also known as tripotassium citrate, is the potassium salt of citric acid. It is an odorless, white, and crystalline powder and contains approximately 38.28% potassium by mass. Moreover, it is produced by addition of potassium bicarbonate/potassium carbonate to citric acid or by neutralizing citric acid via a submerged fermentation process. Tripotassium citrate is slightly alkaline and non-toxic with low reactivity. Also, the compound is chemically stable at ambient temperatures. However, it is very hygroscopic in its monohydrate form and should be prevented from exposure to humidity.
The demand for potassium citrate for preparation of low-sodium foods and from the dairy segment is expected to drive the market during the forecast period. The market in APAC and Europe is expected to witness the highest growth during 2018-2022 due to the size and growth of the food and beverage industry in these regions.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Potassium Citrate Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Potassium Citrate Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Demand for potassium citrate from the pharmaceutical industry
- For a full, detailed list, view our report
Category constraints
- Difficulty in assessing labor law violations by suppliers
- For a full, detailed list, view our report
Procurement best practices
- Adoption of green supply chain
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Global Potassium Citrate Production Hubs
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- Cargill
- Archer Daniels Midland
- Tate & Lyle
- Univar
- Brenntag Ingredients
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Potassium Citrate Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Potassium Citrate Category - Procurement Market Intelligence Report: Cargill, Archer Daniels Midland, Tate & Lyle, Univar, and Brenntag Ingredients.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that have established strategic alliances with sub-contractors.”
According to the report, one of the key growth contributors for the global potassium citrate supply market is the increasing demand for low-sodium foods, especially in North America and Europe, due to growing health awareness.
Further, the report states that a major procurement challenge faced by the buyers is the lack of visibility in product testing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Cargill
- Archer Daniels Midland
- Tate & Lyle
- Univar
- Brenntag Ingredients
Methodology
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