Global Production of Ferric Citrate Increased From 18577 Kg in 2012

Ferric citrate occurs as a brown powder or as transparent, red-brown laminae. The content of Fe ranges from 16.5% to 18.5%. Applications of ferric citrate mainly come from food & nutrition supplemental industry, medicine industry, etc. Among those applications, medicine industry experiences fastest growth and accounts 52.63% in 2016.

The Ferric Citrate industry is relatively concentrated as there are just some companies engaged in the industry. Global production of ferric citrate increased from 18577 Kg in 2012 to 41351 Kg in 2016. The largest production base lies in North America, which held 36.02% production share in 2016.

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When used in the medicine industry, ferric citrate must be with high quality and its medicine has to be approved by related government. Ferric citrate was safe and effective for treatment of iron-deficiency anemia in patients who had non–dialysis-dependent chronic kidney disease (NDD-CKD)

Although the market size of ferric citrate is not large presently, demand of it is increasing. As is known, the number of patients with chronic kidney disease keeps increasing globally, which indicates the great potential of ferric citrate. It is estimated that global ferric citrate industry will be worthy of 1558 K USD in 2022, with the CAGR of 14.49% during the forecast period of 2016 to 2022.

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