Zinc Gluconate Market to Observe Strong Development by 2025
Zinc
gluconate, also known as zincum gluconicum, is the zinc salt of
gluconic acid. Zinc gluconate is an organic compound having chemical
formula C12H22ZnO14 and is a white crystalline powder. Zinc gluconate
is tasteless, odorless, and easily soluble in water. Zinc is an
important mineral, which plays an essential role in many systems in
the human body, particularly for growth, normal tissue function, cell
division, protein synthesis, immune system, wound healing, fertility,
and digestion and metabolism of phosphorus. Zinc gluconate is a
suitable alternative, which is used as a supplement, to maintain the
level of zinc in the human body.
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Individuals
having low levels of zinc exhibit symptoms such behavioral problems,
and memory impairment. Furthermore, zinc gluconate maintains the
alkaline balance in the body along with governing the contractility
of muscles. Therefore, in the pharmaceutical industry, physicians
prescribe zinc gluconate as a supplement for persons suffering from
zinc deficiency. Rising demand for zinc in the pharmaceutical
industry is anticipated to drive the global zinc gluconate market in
the near future.
Major
applications of zinc gluconate are in the pharmaceutical industry due
to its medicinal usage for individuals suffering from zinc
deficiency. Zinc gluconate is offered in the form of tablets.
Moreover, zinc gluconate is utilized in lozenges to treat common
cold. The U.S. Food and Drug Administration has approved zinc
gluconate as generally recognized as safe (GRAS) for food additives.
Therefore, usage of zinc gluconate in end-user industries such as
pharmaceutical, has increased across the globe. Technological
advancements are anticipated to provide major breakthroughs for
utilization of zinc gluconate in the near future.
The
zinc gluconate market in Asia Pacific is projected to expand rapidly
in the near future. This is due to the rise in demand for zinc
gluconate from developing economies of Asia Pacific such as China and
India. Moreover, the countries in Latin America, Africa, and the
Middle East are witnessing rapid economic and industrial growth since
the last few years. Furthermore, the countries in Europe and the U.S.
are gradually recovering from economic depression. All the factors
mentioned above are eventually creating a positive prospect for the
global industrial scenario. Consequently, the pharmaceutical and
healthcare industries are anticipated to expand at a significant
growth rate in the near future. There exists a significant market
potential for zinc gluconate, especially in the pharmaceutical
industry in countries such as China, India, and Brazil. Rising
population of developing countries, coupled with increasing
disposable income and growing purchase parity of consumers is driving
the pharmaceutical market in these countries.
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Consequently,
the demand for zinc gluconate in the pharmaceutical industry is
anticipated to rise at a considerable rate in the near future. Key
companies operating in the zinc gluconate market are largely focusing
on these expanding economies for tapping their enormous market
potential. Major players in the zinc gluconate market are installing
robust manufacturing facilities in these developing countries to
fulfill the rapidly rising local demand. Therefore, the global zinc
gluconate market is anticipated to expand at a significant growth
rate in the near future.
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Major
companies operating in the global zinc gluconate market include
Zhengzhou Ruipu Biological Engineering Co., Ltd., Zhejiang Tianyi
Food Additives Co., Ltd., Jiangxi Xin'ganjiang Pharmaceutical Co.,
Ltd, Hebei Smart Chemicals Co. Ltd., Jost Chemical Co., and Shandong
Xinhong Pharmacy Co., Ltd.
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