Product Code: ANV2620
REPORT HIGHLIGHT
Zinc Acetate Market size was valued at USD 189.83 Million in 2023, expanding at a CAGR of 5.3% from 2024 to 2032.
Zinc acetate is a salt that consists of zinc and acetic acid. It is frequently employed in a range of industrial and laboratory settings, such as a dietary supplement because of its zinc concentration, a food additive, and in the manufacturing of specific chemicals. In addition, zinc acetate is utilized in the pharmaceutical sector for its astringent characteristics and in certain over-the-counter cold treatments for its alleged capacity to lessen the length and intensity of cold symptoms.
Zinc Acetate Market- Market Dynamics
The market is anticipated to experience growth due to the increasing utilization in the pharmaceutical sector.
Zinc acetate possesses therapeutic properties, making it a valuable ingredient in numerous pharmaceutical products. As the demand for these remedies continues to rise, the pharmaceutical industry is expected to rely more heavily on zinc acetate, thereby driving market growth. According to pharmaceutical industry statistics, it is predicted that the overall pharma spending will surpass USD 1 trillion by 2030. On average, it takes approximately 19 months to enroll patients in clinical trials. Additionally, governments and organizations worldwide are implementing food fortification programs, particularly in developing regions, which presents significant growth opportunities for zinc acetate suppliers. However, it is important to note that environmental concerns may pose restrictions on the market's expansion.
Zinc Acetate Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.3% over the forecast period (2024-2032)
Based on Form segmentation, Dihydrate was predicted to show maximum market share in the year 2023
Based on application segmentation, Dietary & Medicine was the leading type in 2023
Based on region, Asia Pacific was the leading revenue generator in 2023
Zinc Acetate Market- Segmentation Analysis:
The Global Zinc Acetate Market is segmented based on Form, Application, and Region.
The market is categorized into two groups according to Form: Dihydrate and Anhydrous. Dihydrate holds the majority share in the market. Zinc acetate Dihydrate is manufactured and utilized worldwide, with production facilities strategically located in regions that have notable chemical and pharmaceutical industries.
The market is categorized into four segments according to their application: Dietary & Medicine, Analytical Reagents, Wood Preservative, Chemical, and Others. Among these, the Dietary & Medicine segment holds the largest share. Zinc acetate, a valuable compound in the dietary and medicine sectors, plays a crucial role in providing essential zinc supplementation and potential therapeutic benefits for various health conditions.
Zinc Acetate Market- Geographical Insights
Geographically, this market spans across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further segmented by countries contributing to business activities. The Asia Pacific region leads the market, driven by the growing demand in the chemical industry. The chemical sector in the Asia-Pacific region is experiencing significant growth, fueled by urbanization, infrastructure development, and increasing consumer needs. The rising demand for these products plays a key role in the dominance of the region in the zinc acetate market. As per the Information Technology and Innovation Foundation, China has emerged as the largest chemicals market globally, providing Chinese manufacturers with a strategic advantage in their domestic market. In 2022, China represented 44 percent of global chemical production and 46 percent of capital investment. Europe follows as the second-largest region for market expansion, attributed to the increasing use as a food additive.
Zinc Acetate Market- Competitive Landscape:
Major contributors to the zinc acetate market include companies focusing on nutraceuticals and dietary supplements. They offer a variety of zinc-based products to tackle nutritional deficiencies and promote overall health and well-being. Competition among these companies is influenced by factors like product innovation, quality, adherence to regulations, distribution channels, and marketing strategies. The key players in the market consistently strive to enhance their market position and cater to the changing demands of consumers and healthcare professionals seeking zinc-based solutions for health and well-being.
Recent Developments:
FUJIFILM Holdings Corporation has recently achieved the prestigious "Diamond" certification in the Fujifilm Group's "Green Value Products" program. This certification recognizes the company's production method for chemical products, which effectively minimizes environmental impact through the implementation of innovative technologies.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ZINC ACETATE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Merck KGaA
Thermo Fisher Scientific, Inc.
Jost Chemical Co.
FENGCHEN GROUP CO., LTD.
Fujifilm Holdings Corporation
Celtic Chemicals Ltd.
TIB Chemicals AG
Spectrum Chemical Mfg. Corp
Kerry Group PLC
GFS Chemicals, Inc.
Others
GLOBAL ZINC ACETATE MARKET, BY FORM- MARKET ANALYSIS, 2019 - 2032
GLOBAL ZINC ACETATE MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
- Dietary & Medicine
- Analytical Reagent
- Wood Preservative
- Chemical
- Others
GLOBAL ZINC ACETATE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
Table of Contents
1.Zinc Acetate Market Overview
- 1.1.Study Scope
- 1.2.Market Estimation Years
2.Executive Summary
- 2.1.Market Snippet
- 2.1.1.Zinc Acetate Market Snippet by Form
- 2.1.2.Zinc Acetate Market Snippet by Application
- 2.1.3.Zinc Acetate Market Snippet by Country
- 2.1.4.Zinc Acetate Market Snippet by Region
- 2.2.Competitive Insights
3.Zinc Acetate Key Market Trends
- 3.1.Zinc Acetate Market Drivers
- 3.1.1.Impact Analysis of Market Drivers
- 3.2.Zinc Acetate Market Restraints
- 3.2.1.Impact Analysis of Market Restraints
- 3.3.Zinc Acetate Market Opportunities
- 3.4.Zinc Acetate Market Future Trends
4.Zinc Acetate Industry Study
- 4.1.PEST Analysis
- 4.2.Porter's Five Forces Analysis
- 4.3.Growth Prospect Mapping
- 4.4.Regulatory Framework Analysis
5.Zinc Acetate Market: COVID-19 Impact Analysis
- 5.1.Pre-COVID-19 Impact Analysis
- 5.2.Post-COVID-19 Impact Analysis
- 5.2.1.Top Performing Segments
- 5.2.2.Marginal Growth Segments
- 5.2.3.Top Looser Segments
- 5.2.4.Marginal Loss Segments
6.Zinc Acetate Market Landscape
- 6.1.Zinc Acetate Market Share Analysis, 2022
- 6.2.Breakdown Data, by Key Manufacturer
- 6.2.1.Established Players' Analysis
- 6.2.2.Emerging Players' Analysis
7.Zinc Acetate Market - By Form
- 7.1.Overview
- 7.1.1.Segment Share Analysis, By Form, 2022 & 2030 (%)
- 7.1.2.Dihydrate
- 7.1.3.Anhydrous
8.Zinc Acetate Market - By Application
- 8.1.Overview
- 8.1.1.Segment Share Analysis, By Application, 2022 & 2030 (%)
- 8.1.2.Dietary & Medicine
- 8.1.3.Analytical Reagent
- 8.1.4.Wood Preservative
- 8.1.5.Chemical
- 8.1.6.Others
9.Zinc Acetate Market- By Geography
- 9.1.Introduction
- 9.1.1.Segment Share Analysis, By Geography, 2022 & 2030 (%)
- 9.2.North America
- 9.2.1.Overview
- 9.2.2.Zinc Acetate Key Manufacturers in North America
- 9.2.3.North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 9.2.4.North America Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.2.5.North America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.2.6.U.S.
- 9.2.6.1.Overview
- 9.2.6.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.2.6.3.U.S. Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.2.6.4.U.S. Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.2.7.Canada
- 9.2.7.1.Overview
- 9.2.7.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.2.7.3.Canada Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.2.7.4.Canada Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.Europe
- 9.3.1.Overview
- 9.3.2.Zinc Acetate Key Manufacturers in Europe
- 9.3.3.Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 9.3.4.Europe Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.5.Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.6.Germany
- 9.3.6.1.Overview
- 9.3.6.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.6.3.Germany Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.6.4.Germany Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.7.Italy
- 9.3.7.1.Overview
- 9.3.7.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.7.3.Italy Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.7.4.Italy Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.8.United Kingdom
- 9.3.8.1.Overview
- 9.3.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.8.3.United Kingdom Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.8.4.United Kingdom Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.9.France
- 9.3.9.1.Overview
- 9.3.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.9.3.France Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.9.4.France Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.10.Russia
- 9.3.10.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.10.2.Russia Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.10.3.Russia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.11.Netherlands
- 9.3.11.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.11.2.Netherlands Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.11.3.Netherlands Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.12.Sweden
- 9.3.12.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.12.2.Sweden Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.12.3.Sweden Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.13.Poland
- 9.3.13.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.13.2.Poland Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.13.3.Poland Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.3.14.Rest of Europe
- 9.3.14.1.Overview
- 9.3.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.3.14.3.Rest of the Europe Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.3.14.4.Rest of the Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.Asia Pacific (APAC)
- 9.4.1.Overview
- 9.4.2.Zinc Acetate Key Manufacturers in Asia Pacific
- 9.4.3.Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 9.4.4.Asia Pacific Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.5.Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.6.India
- 9.4.6.1.Overview
- 9.4.6.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.6.3.India Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.6.4.India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.7.China
- 9.4.7.1.Overview
- 9.4.7.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.7.3.China Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.7.4.China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.8.Japan
- 9.4.8.1.Overview
- 9.4.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.8.3.Japan Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.8.4.Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.9.South Korea
- 9.4.9.1.Overview
- 9.4.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.9.3.South Korea Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.9.4.South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.10.Australia
- 9.4.10.1.Overview
- 9.4.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.10.3.Australia Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.10.4.Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.11.Thailand
- 9.4.11.1.Overview
- 9.4.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.11.3.Thailand Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.11.4.Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.12.Indonesia
- 9.4.12.1.Overview
- 9.4.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.12.3.Indonesia Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.12.4.Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.13.Philippines
- 9.4.13.1.Overview
- 9.4.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.13.3.Philippines Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.13.4.Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.4.14.Rest of APAC
- 9.4.14.1.Overview
- 9.4.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.4.14.3.Rest of APAC Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.4.14.4.Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.Latin America
- 9.5.1.Overview
- 9.5.2.Zinc Acetate Key Manufacturers in Latin America
- 9.5.3.Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 9.5.4.Latin America Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.5.Latin America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.6.Brazil
- 9.5.6.1.Overview
- 9.5.6.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.5.6.3.Brazil Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.6.4.Brazil Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.7.Mexico
- 9.5.7.1.Overview
- 9.5.7.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.5.7.3.Mexico Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.7.4.Mexico Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.8.Argentina
- 9.5.8.1.Overview
- 9.5.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.5.8.3.Argentina Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.8.4.Argentina Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.9.Colombia
- 9.5.9.1.Overview
- 9.5.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.5.9.3.Colombia Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.9.4.Colombia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.5.10.Rest of LATAM
- 9.5.10.1.Overview
- 9.5.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.5.10.3.Rest of LATAM Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.5.10.4.Rest of LATAM Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.Middle East and Africa
- 9.6.1.Overview
- 9.6.2.Zinc Acetate Key Manufacturers in Middle East and Africa
- 9.6.3.Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
- 9.6.4.Middle East and Africa Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.5.Middle East and Africa Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.6.Saudi Arabia
- 9.6.6.1.Overview
- 9.6.6.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.6.3.Saudi Arabia Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.6.4.Saudi Arabia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.7.United Arab Emirates
- 9.6.7.1.Overview
- 9.6.7.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.7.3.United Arab Emirates Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.7.4.United Arab Emirates Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.8.Israel
- 9.6.8.1.Overview
- 9.6.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.8.3.Israel Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.8.4.Israel Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.9.Turkey
- 9.6.9.1.Overview
- 9.6.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.9.3.Turkey Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.9.4.Turkey Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.10.Algeria
- 9.6.10.1.Overview
- 9.6.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.10.3.Algeria Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.10.4.Algeria Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.11.Egypt
- 9.6.11.1.Overview
- 9.6.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.11.3.Egypt Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.11.4.Egypt Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
- 9.6.12.Rest of MEA
- 9.6.12.1.Overview
- 9.6.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
- 9.6.12.3.Rest of MEA Market Size and Forecast, By Form, 2018 - 2030 (US$ Million)
- 9.6.12.4.Rest of MEA Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
10.Key Vendor Analysis- Zinc Acetate Industry
- 10.1.Competitive Dashboard
- 10.2.Company Profiles
- 10.2.1.Merck KGaA
- 10.2.2.Thermo Fisher Scientific, Inc.
- 10.2.3.Jost Chemical Co.
- 10.2.4.FENGCHEN GROUP CO., LTD.
- 10.2.5.Fujifilm Holdings Corporation
- 10.2.6.Celtic Chemicals Ltd.
- 10.2.7.TIB Chemicals AG
- 10.2.8.Spectrum Chemical Mfg. Corp
- 10.2.9.Kerry Group PLC
- 10.2.10.GFS Chemicals, Inc.
- 10.2.11.Others
11.360 Degree Analyst View
12.Appendix
- 12.1.Research Methodology
- 12.2.References
- 12.3.Abbreviations
- 12.4.Disclaimer
- 12.5.Contact Us