The global zinc gluconate market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Zinc gluconate is the zinc salt of gluconic acid, which is tasteless, odorless, and easily soluble in water. Zinc is an important mineral, which plays an essential role particularly for growth, normal tissue function, cell division, protein synthesis, immune system, wound healing, fertility, and digestion and metabolism of phosphorus. People having low levels of zinc exhibit symptoms such behavioral problems, and memory impairment. Moreover, zinc gluconate maintains the alkaline balance in the human body and also governs the contractility of muscles.
Therefore, people suffering from zinc deficiency are generally prescribed zinc gluconate as a supplement by physicians. Thus, the rising demand for zinc in the pharmaceutical industry is expected to drive the zinc gluconate market globally in the near future. Owing to its medicinal usage for people suffering from zinc deficiency, zinc gluconate finds their major applications in pharmaceutical industry. They are generally offered in tablets. Moreover, the US FDA has approved zinc gluconate as generally recognized as safe (GRAS) for food additives. Technological advancements are expected to provide major breakthroughs for utilization of zinc gluconate in the coming future.
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Some key players operating in the market include Gadot Biochemical Industries Ltd., Ferro Chem Industries, and Tomita Pharmaceutical Co., Ltd., among others. These players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on. For instance, in August 2020, Gadot Biochemical declared the launch of zinc gluconate. Some benefits of Gadot Biochemical Industries’ new zinc gluconate include high solubility, ease of processing, and a high content of zinc. Zinc gluconate from Gadot is Halal and Kosher certified. More than 95% of Gadot’s production is exported worldwide to leading companies in the food, beverage, and nutraceutical industries.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Industry
Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: Gadot Biochemical Industries Ltd., Ferro Chem Industries, and Tomita Pharmaceutical Co., Ltd., among others.
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Global Zinc Gluconate Market Report by Segment
By Industry
- Pharmaceuticals
- Food
- Others
Global Zinc Gluconate Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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