Increasing concerns regarding health and the growing obese population, there is a significant rise in consumption of dietary supplements.Growing prevalence of chromium deficiency due to the rise in poor eating habits and changing lifestyles are demand for chromium picolinate in the global market.Prominent market players are focusing on innovative product diversification, tapping into the evolving health and wellness trends. Some regulatory bodies in various regions have recognized chromium picolinate as a safe dietary supplement ingredient, which has contributed to its acceptance and availability in the market. The increasing demand for natural and plant-based alternatives to synthetic supplements, chromium picolinate, derived from chromium and picolinic acid, is gaining traction as it is perceived natural origins. The growing prevalence of chromium deficiency due to the rise in poor eating habits and changing lifestyles are demand for chromium picolinate in the global market. It is also known as chromium tri picolinate, a pink to reddish color powder that is naturally present in minimal amounts in food items such as grain bread, meat, fish, and others.Ĭhromium is a vital mineral for the human body. Global demand for chromium picolinate is predicted to increase at a CAGR of 8.6% from 2023 to 2033.Ĭhromium picolinate is a mineral that is generally found in most health and dietary supplements. 2023 to 2033 Market Forecast ProjectionsĪ study by FMI found that a 7.0% CAGR was experienced between 20 in the chromium picolinate market. AttributesĬhromium Picolinate Market Estimated Size in 2023Ģ018 to 2022 Historical Analysis vs. Ongoing research into the potential health benefits of chromium picolinate and innovations in product formulations have contributed to the development of new products in the market. The fitness and sports nutrition industry has been experiencing significant growth, contributing to the demand for chromium picolinate. It is often used for various health and wellness purposes Chromium picolinate is a dietary supplement that contains the essential mineral chromium. Increasing awareness among people on the importance of a healthy lifestyle and personal well-being is estimated to generate promising business prospects in the global chromium picolinate market during the forecast period of 2022 to 2033. The chromium picolinate market revenue will continue to expand at a CAGR of 8.6%. The chromium picolinate market is expected to reach US$ 28.5 billion by 2033. The chromium picolinate market is likely to be valued at US$ 12.5 billion in 2023. Chromium Picolinate Market Outlook from (2023 to 2033)
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