Ammonium Ferric Citrate MarketSize and Trends

The global ammonium ferric citrate market size is expected to witness potential gains in the future, and register a significant CAGR over the forecast period (2019 - 2027).

Market Overview

Ammonium ferric citrate is a water soluble, reddish-brown compound, whose odor carries a faint trace of ammonia. The compound is used as a food additive in powder form with the purpose of controlling and regulating acidity. Unlike ferric citrate, ammonium ferric citrate is highly soluble. The compound is a source of iron, and therefore has application as a nutrient supplement. It is created by reacting ferric hydroxide with citric acid, and then treated with ammonium hydroxide, followed by a process of evaporating and drying. The resultant product is either a brown form containing 16-18% of ferric ammonium citrate and iron, or a greenish compound carrying 14-16% iron.

Market Dynamics

Ammonium ferric citrate has a wide range of applications in processes such as water purification, as a reducing agent, in blueprinting, for medical treatment, as a food additive in animal food, and in photography. Increasing demand for ammonium ferric citrate in several end use industries such as pharmaceutical, food and beverage, wastewater management, and printing among others, is expected to be a major contributing factor to the growth of the global ammonium ferric citrate market. Growth of the pharmaceutical industry is driven by increasing disease incidence resulting from pollution and unhealthy lifestyle. Furthermore, demand for convenience food and changing food habits among the populace is adding to the revenue generated by the food and beverage industry.

Market Trends