Global Sodium Citrate Market - Industry Trends and Forecast to 2028

Market Analysis and Insights: Global Sodium Citrate Market

Sodium citrate market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 4.70% in the above mentioned forecast period.

Sodium citrate is the sodium salt of citric acid which is used as a urine alkalinizing agent. After absorption it is metabolised to produce bicarbonate and used for the treatment of metabolic acidosis. The generated bicarbonate buffers the excess hydrogen ions in the blood and raises the pH. It is also used as an anticoagulant agent during plasmophoresis.

Rise in the prevalence of uric acid and calcium containing kidney stones disease and disorders in urination are the major factors that will accelerate the market growth. Moreover, growing healthcare expenditure, upsurge in the demand of sodium citrate, growing government funding, high investment for research activities are the factors that will expand the sodium citrate market.

Rise in the research and development activities and emerging markets will provide beneficial opportunities for the sodium citrate market in the forecast period of 2021-2028.

However, high cost and side effects associated with sodium citrate such a nausea, diarrhea, dizziness, headache, stomach pain and vomiting are the factors that will hinder the market growth and will further challenge the sodium citrate market in the forecast period mentioned above.

This sodium citrate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sodium citrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Sodium Citrate Market Scope and Market Size

The sodium citrate market is segmented on the basis of type, application, dosage, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

• On the basis of type, the sodium citrate market is segmented into monosodium citrate, disodium citrate and trisodium citrate.
• On the basis of application, the sodium citrate market is segmented into diuretic, acidulant, buffering and sequestering agent and others.
• On the basis of dosage, the sodium citrate market is segmented into tablet, injection, powder and others.
• On the basis of route of administration, the sodium citrate market is segmented into oral, intravenous, extracorporeal and others.
• On the basis of end-users, the sodium citrate market is segmented into clinic, hospital and others.

The sodium citrate market is also segmented on the basis of distribution channel into hospital pharmacy, retail pharmacy and online pharmacy.

Sodium Citrate Market Country Level Analysis

Sodium citrate market is analyzed and market size information is provided by the country, type, application, dosage, route of administration, end-users and distribution channel as referenced above.

The countries covered in the sodium citrate market report are the U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.

North America dominates the sodium citrate market due to the presence of major key players, growing demand for sodium citrate diuretic and sequestering agent, high healthcare expenditure and well-developed healthcare sector in this region. Asia-Pacific is expected to grow during the forecast period of 2021-2028 due to the increasing research and development activities, rising investment in the healthcare infrastructure and growing government support.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Patient Epidemiology Analysis

Sodium citrate market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

Competitive Landscape and Global Sodium Citrate Market Share Analysis

Sodium citrate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to sodium citrate market research.

The major players covered in the sodium citrate market report are BASF SE, Pan Chem Corporation, Gadot Biochemical Industries Ltd., Cargill, Incorporated, ATPGroup, S.A. Citrique Belge N.V., Jungbunzlauer Suisse AG, HUANGSHI XINGHUA BIOCHEMICAL CO.LTD., COFCO, RZBC GROUP CO., LTD., Anil Bioplus Limited, Weifang Ensign Industry Co., Ltd., Rochem International Inc., Halewood Chemicals, and Macco Organiques Inc., among other domestic and global players.  Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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