Market Overview:
The global ammonium ferric citrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for water purification and food additive applications. Additionally, the growing population and rising income levels are also contributing to the growth of this market. On the basis of type, reagent grade ammonium ferric citrate is expected to account for a major share of the global ammonium ferric citrate market during the forecast period. This can be attributed to its high purity and superior performance in various applications such as water purification and food additive applications. Food grade ammonium ferric citrate is also expected to witness significant growth during the forecast period owing its growing demand from end-use industries such as food & beverage, pharmaceuticals, and personal care products.
Product Definition:
Ammonium ferric citrate is an inorganic compound with the formula NH4Fe(C6H5O7)3. It is a salt consisting of ammonium ions and ferric citrate ions. It is used as a dietary supplement, as well as in various industrial applications such as leather tanning, dyeing, and printing.
Reagent Grade:
Ammonium ferric citrate is a reagent grade used in the preparation of iron-fertilizer complex for seed treatment. It contains ammonium (NH4) and ferric chloride which are used to eliminate or reduce plant disease caused by tipburn. The product also has the ability to prevent seed-borne diseases such as damping off, rust, and seedling rot.
Food Grade:
Ammonium ferric citrate is a food additive used as a preservative in processed meat, poultry, seafood and bakery products. It has the ability to prevent the growth of microorganisms which makes it suitable for use in various types of foods. The product also finds application as an additive for enhancing color and taste in various types of foods.
Application Insights:
The demand for ammonium ferric citrate is expected to witness growth in water purification application owing to its ability to remove impurities. The product is used as a chelating agent and can be applied directly into the water supply system or by using an ammonium citrate solution as a disinfectant. It has also been found useful in wastewater treatment plants, where it acts as a natural filtration medium that helps remove contaminants from the water such as metals, organic materials and sediments.
Ammonium ferric citrate can also be used for food additives application due to its iron ion complexing properties. In Europe, regulations pertaining to food additives are governed by the European Commission (EC) under United Nations (UN) Food & Agriculture Organization of the World Health Organization (WHO). Under EC regulations, any additive must be shown safe before being allowed onto the market; this process involves extensive testing procedures conducted by WHO-approved laboratories across various countries worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for ammonium ferric citrate from various end-use industries such as water treatment and food additives. In addition, rising population coupled with rapid urbanization has resulted in increased demand for basic utilities such as electricity and water; which is anticipated to drive the regional product demand over the forecast period.
The growth of end-use industries in Asia Pacific has led to an increase in production capacities across countries including China, India, Japan and South Korea; which is likely to boost product consumption across these economies during the forecast period. Furthermore, economic development along with government initiatives promoting foreign direct investments are expected positively impact industry growth over next few years resulting into higher consumption levels by 2030 calendar year (CY).
Growth Factors:
- Increasing demand from the food and beverage industry as a colorant and preservative
- Rising awareness about the health benefits of Ammonium Ferric Citrate among consumers
- Growing use of Ammonium Ferric Citrate in personal care products for its antioxidant properties
- Increasing research and development activities for new applications of Ammonium Ferric Citrate
- Expansion of production capacities by key players to meet the rising demand
Scope Of The Report
Report Attributes
Report Details
Report Title
Ammonium Ferric Citrate Market Research Report
By Type
Reagent Grade, Food Grade, Others
By Application
Water Purification, Food Additive, Others
By Companies
Shreenath Chemicals, West Bengal Chemical Industries, New Alliance Dye Chemicals Private, Eminenco Pharma, Nikunj Chemicals, Shreenath Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Ammonium Ferric Citrate Market Report Segments:
The global Ammonium Ferric Citrate market is segmented on the basis of:
Types
Reagent Grade, Food Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Water Purification, Food Additive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shreenath Chemicals
- West Bengal Chemical Industries
- New Alliance Dye Chemicals Private
- Eminenco Pharma
- Nikunj Chemicals
- Shreenath Chemicals
Highlights of The Ammonium Ferric Citrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reagent Grade
- Food Grade
- Others
- By Application:
- Water Purification
- Food Additive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ammonium Ferric Citrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ammonium ferric citrate is a salt that is used as a dietary supplement. It helps to prevent iron deficiency anemia.
Some of the key players operating in the ammonium ferric citrate market are Shreenath Chemicals, West Bengal Chemical Industries, New Alliance Dye Chemicals Private, Eminenco Pharma, Nikunj Chemicals, Shreenath Chemicals.
The ammonium ferric citrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ammonium Ferric Citrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ammonium Ferric Citrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ammonium Ferric Citrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ammonium Ferric Citrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ammonium Ferric Citrate Market Size & Forecast, 2020-2028
4.5.1 Ammonium Ferric Citrate Market Size and Y-o-Y Growth
4.5.2 Ammonium Ferric Citrate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Reagent Grade
5.2.2 Food Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Water Purification
6.2.2 Food Additive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ammonium Ferric Citrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ammonium Ferric Citrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Reagent Grade
9.6.2 Food Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Water Purification
9.10.2 Food Additive
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Reagent Grade
10.6.2 Food Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Water Purification
10.10.2 Food Additive
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Reagent Grade
11.6.2 Food Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Water Purification
11.10.2 Food Additive
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Reagent Grade
12.6.2 Food Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Water Purification
12.10.2 Food Additive
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Reagent Grade
13.6.2 Food Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Water Purification
13.10.2 Food Additive
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ammonium Ferric Citrate Market: Competitive Dashboard
14.2 Global Ammonium Ferric Citrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shreenath Chemicals
14.3.2 West Bengal Chemical Industries
14.3.3 New Alliance Dye Chemicals Private
14.3.4 Eminenco Pharma
14.3.5 Nikunj Chemicals
14.3.6 Shreenath Chemicals
