The Global Chromium Chloride Market is projected to reach USD 666.1 million by 2027. The market is fueled by the rising awareness for the about food nutrition and dietary improvements. Also, Increase in usage in the textile industries, chromium plating, and dye mordant polymerization along with the rise in consumer awareness pertaining to health concerns is expected to support the market growth.

Chromium element charge, oxidation number, chromium supplement, chromium picolinate, chromium foods, chromium tablets, chromium mineral, chromium(iii) oxide, chromium(vi) oxide, chromium(iii) chloride, and chromium iii hydroxide, to name a few some of the most crucial corresponding factors and topics that have been influencing the market growth in many ways, have been additionally discussed in details in the report. Leading and growing players in the market that have been investing an extensive amount in the research & development in such corresponding factors have observed enormous growth in their business.

Key participants include OXKEM, American Elements, Mil-Spec Industries Corporation, Sentury Reagents, Seidler Chemical Company, GFS Chemical, Angene Chemical, All-Chemie Ltd., Materion Corporation, and Certified Nutraceuticals Inc., among others, among others.

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An upsurge in the sports and athletic activities necessitate the need for high nutritional food products, which may be fulfilled by organic Chromium Chloride. Growing awareness of the harmful effects of preservatives in food products has generated a strong market demand. Increasing health awareness, changing consumer lifestyle and growing lactose intolerance is projected to have a positive impact on market growth.

Additionally, growing concerns with weight management, emphasis on weight loss & maintenance, importance on the blood sugar & pressure spike control are some of the factors that have been creating an overall enforcement in the market. Beside, high Vitamin-B & fiber with antioxidants, the the chemical has been very effective on enhancing heart, kidney, and liver functioning and help regulating cholesterol.

The COVID-19 impact:

The COVID-19 pandemic has created endless disruptions to the manufacturing or production industries due to a shortage of resources in different parts of the world. The leading players in the industry are skeptical about the market's future and try to redesign their strategies to support the challenge. The pandemic had a serious impact on the distribution chains as a result of regular lockdowns. The manufacturing industries have been disrupted due to reduced available human resources. The companies are incorporating different techniques to increase the production volume and trying to develop innovative solutions at an affordable price, which can meet customer requirements at a much lower cost.

For the purpose of this report, Reports and Data have segmented into the global on the basis of product, form, end-use verticals, and region:

Product Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

Protein Isolates
Protein Hydrates
Others
Form Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

Powder
Paste
End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

Pharmaceuticals
Nutraceuticals & Feed Grade
Textile Industry
Food & Beverages
Others
Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2017-2027)

North America
U.S
Canada
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
Rest of APAC
MEA
Saudi Arabia
UAE
Rest of MEA
Latin America
Brazil
Rest of LATAM
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Further key findings from the report suggest

The overall dietary supplement sales for children are expected to rise during the forecast period. It was observed that Chinese and Indian parents were willing to spend relatively large amounts of money on the health of their children in relation to family income.
A new trend emerging in the dietary supplements market is the need to use organic or sustainable ingredients. This trend is being driven by two fundamental shifts in this industry: the need to consume ‘healthier’ ingredients and consumers’ increasing concerns for sourcing ‘sustainable’ products
The consumption of Chromium Chloride within the food & beverages increases the nutrition composition, power, and muscle mass of the human body, which has led to rapid adoption of the product in sports & energy nutrition and post-exercise foods & drinks.
Nutraceuticals & feed grade sub-segment had a market share of 28.6% in 2019 due to its remarkable usage of the Chromium Chloride based formulation for making end-use dietary & nutritional supplements.
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