Chromium Citrate Market Report : Global Chromium Citrate Revenue Size Around RMB 420 Million by 2024

According to YH Research's Chromium Citrate Market report, this report provides Chromium Citrate market scenario, definitions, classifications, applications and industry chain structure, also discusses development policies and plans as well as manufacturing processes and cost structures, analyzes the Chromium Citrate market development status and future market trends. The Chromium Citrate market is also analyzed from the production and consumption perspectives, to identify the top producing regions, the top consuming regions, and the top manufacturers.

In today's global chemical raw materials market, chromium citrate is emerging as a micronutrient additive with unique properties. According to YH Research statistics, the global chromium citrate revenue size will be around RMB 420 million in 2024 and show a steady growth. It is expected that by 2031, its revenue size will be close to 540 million yuan, with a compound annual growth rate (CAGR) of 3.6% from 2025 to 2031. This data clearly reflects that the chromium citrate market is in an upward development stage, although the growth rate is not rapid, but the market potential should not be underestimated.

In terms of the macro environment, the strategic reconfiguration of U.S. tariff measures in 2025 is reshaping the rules of global economic governance. The tariff escalation path and international policy responses have had a profound impact on the global trade landscape, and this impact has been transmitted to the chromium citrate market. The increase in tariffs may lead to an increase in the import and export cost of chromium citrate, which in turn affects its price and competitiveness in different markets. Enterprises are forced to reconsider market layout and supply chain strategies when making investment decisions, and the construction of regional trade networks also faces new challenges and opportunities. At the same time, the stability of the strategic material supply system has also been impacted to a certain extent, and enterprises need to find more reliable raw material supply channels to cope with the risk of possible supply disruption.

Chromium citrate itself has many unique physical and chemical properties. It is a green powder with a special odor and has good solubility, easily soluble in water and organic solvents. Chromium citrate is stable at ambient temperatures, but may decompose when exposed to high heat conditions. These properties make chromium citrate a highly effective micronutrient additive, which plays an important and indispensable role in several industries due to its excellent chemical properties.

The global chromium citrate market is highly competitive with a number of players. The key players include Oxkem, Dongzheng Group, Zhejiang Taizhixin Chemical, Langfang Pengcai Fine Chemical, Hunan Fengyen New Material Development, and others. These companies are competing for market share by continuously improving product quality, optimizing production processes, and expanding sales channels. For example, Oxkem enjoys a high reputation in the international market by virtue of its advanced technology and strict quality control system, while Dongzheng Group occupies a certain advantage in the domestic market by relying on rich domestic resources and perfect industrial chain.

From the point of view of geographical distribution, the markets in different regions show different development characteristics. The North American market (the U.S., Canada and Mexico), as a developed region in the global economy, focuses on the demand for chromium citrate in high-end food, pharmaceuticals and other fields. Consumers have higher requirements for product quality and safety, prompting companies to continuously improve product quality. The European market (Germany, France, the United Kingdom, Russia, Italy and other European countries) also has a high level of consumption and strict market regulatory standards. In the food and pharmaceutical industries, chromium citrate is widely used and the market is relatively mature. The Asia-Pacific market (China, Japan, South Korea, India, Southeast Asia and Australia, etc.) has seen rapid economic development in recent years, and with a large population, the demand for chromium citrate has shown a rapid growth trend. Take China as an example, with the continuous development of domestic food, pharmaceutical, feed and other industries, the demand for chromium citrate increases year by year. Some domestic enterprises have gradually improved the competitiveness of their products through technological innovation and industrial upgrading, and have emerged in the domestic and international markets. The South American market (Brazil, etc.) is rich in natural resources, but relatively lagging behind in the production and application of chromium citrate, but with the development of the economy and the introduction of technology, the future market potential is worth looking forward to. The Middle East and Africa, although the current market size is relatively small, with the continuous improvement of infrastructure construction and industrial development, the demand for chromium citrate is also expected to gradually increase.

The chromium citrate market is also characterized by diversification in terms of product types and applications. Split by product type, it mainly includes purity < 99% and purity ≥ 99%. Chromium citrate with purity ≥ 99% is more widely used in high-end food and pharmaceutical fields, as it has higher requirements for purity and quality; while products with purity < 99% have certain market demand in feed and industrial fields, which have relatively lower requirements for purity. Split by application, chromium citrate has important applications in the food industry, pharmaceutical industry, feed industry and other fields. In the food industry, it can be used as a nutrient fortifier added to various types of food to improve the nutritional value of food; in the pharmaceutical industry, chromium citrate can be used in the preparation of some special medicines, to play its unique pharmacological effects; in the feed industry, it can be used as trace element additives, to promote the growth and development of animals.

In practical applications, there are also many user cases that reflect the value of chromium citrate. For example, a well-known food company added chromium citrate to its functional food, and after market feedback, the nutritional value and taste of the product were recognized by consumers, and sales increased significantly. In the pharmaceutical field, a scientific research institution developed a new type of health product using chromium citrate, which, after clinical trials, has certain effects on improving human metabolic function and has received attention from the market.

Looking into the future, chromium citrate market development prospects remain broad. With the growth of the global population and the increasing concern for health and nutrition, the demand for chromium citrate in food, pharmaceutical and other industries will continue to grow. At the same time, with the continuous progress of technology, the production process of chromium citrate will be optimized, product quality will be further improved, and the production cost will be gradually reduced, which will help to expand the scope of its application and market share. However, enterprises also need to face some challenges, such as the intensification of market competition and the improvement of environmental protection requirements. Only through continuous innovation and improving their core competitiveness can they stand invincible in the fierce market competition. It is believed that the chromium citrate market will usher in a better tomorrow under the joint promotion of the global market.