Chromium Picolinate Market

Market Insights

The Chromium Picolinate market is expected to cross-market value of USD 18,065 million in 2027, which was USD 10,140 million in 2020. The Chromium Picolinate market is poised to grow at a CAGR of over 8.5% during the forecast period.

What is Chromium Picolinate?

Chromium picolinate is a chemical compound that mainly constitutes chromium minerals. Chromium picolinate is generally found in health supplements and is reddish pink in color. Chromium Picolinate is used as a chemical reagent in various manufacturing processes and for organic synthesis processes.

This report is titled “Global Chromium Picolinate Market,” published by Credence Research which provides a detailed and precise analysis of this industry.

Key Market Drivers and Restraints

The report on the chromium picolinate market covers a comprehensive analysis of the major factors, such as drivers, restraints, and opportunities, which affect the growth of the market globally. The analysis also helps to identify the key growth pockets of the market. The increase in awareness about the benefits of chromium picolinate, intake of dietary supplements and nutraceuticals, easy absorption of chromium picolinate by the body, increase in the prevalence of diabetes, and increase in obese and overweight population is expected to drive the market for chromium picolinate globally. However, the rise in preference for plant-based dietary supplements is affecting the growth of this chemical-based Dietary Supplement.

Impact of COVID 19

Chromium picolinate market growth was affected by the COVID-19 pandemic to a certain extent. However, the growing awareness about maintaining health during this pandemic, increasing concerns related to health issues, increase in obesity and overweight population, etc., are some of the reasons why the chromium picolinate market was not affected to a greater extent. However, regulations related to good transportation and lockdown in various countries affected the growth of the market in the COVID 19 situation.

Asia Pacific is expected to show a high CAGR in the global Chromium Picolinate market.

The global chromium picolinate market covers six regions and the major economies pertaining to these six regions. The report on the global chromium picolinate market published by Credence Research offers detailed insight into these six regions. North America is anticipated to dominate the global chromium picolinate market of six regions. The growing awareness about chromium picolinate, major manufacturing base, high use of dietary supplements, and the health-conscious population are anticipated to drive the growth of the North America Chromium picolinate market.

The Food Grade Segment dominates Global Chromium Picolinate Market

On the basis of grade, the chromium picolinate market is segmented into food grade, pharmaceutical grade, and others. The food grade segment is anticipated to dominate the Chromium Picolinate market owing to the increase in the use of chromium picolinate as a dietary supplement for weight management and rising awareness about weight management.

Dietary Supplement is anticipated to continue to dominate the global demand for Chromium Picolinate.

The Global Chromium Picolinate market is segmented based on applications such as dietary supplements, food, beverages, feed, nutraceuticals, and others. The dietary supplement segment is expected to dominate the Chromium Picolinate market in the forecast period owing to the increased awareness about the importance of good health and staying fit. Dietary Supplement plays an important role in maintaining good health by providing the amount of Supplement required by the body for proper metabolism. This benefit of dietary Supplements drives its segment.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Chromium Picolinate Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Chromium Picolinate Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Grade
3.3.2.End User
3.3.3.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Chromium Picolinate Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
6.2.1.Overview
6.2.2.Food Grade
6.2.3.Pharmaceutical Grade
6.2.4.Others
6.3.North America Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
6.3.1.Overview
6.3.2.Dietary Supplements
6.3.3.Food and Beverages Industry
6.3.4.Feed Industry
6.3.5.Nutraceuticals Industry
6.3.6.Others

7.Europe
7.1.Europe Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
7.2.1.Overview
7.2.2.Food Grade
7.2.3.Pharmaceutical Grade
7.2.4.Others
7.3.Europe Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
7.3.1.Overview
7.3.2.Dietary Supplements
7.3.3.Food and Beverages Industry
7.3.4.Feed Industry
7.3.5.Nutraceuticals Industry
7.3.6.Others

8.Asia Pacific
8.1.Asia Pacific Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
8.2.1.Overview
8.2.2.Food Grade
8.2.3.Pharmaceutical Grade
8.2.4.Others
8.3.Asia Pacific Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
8.3.1.Overview
8.3.2.Dietary Supplements
8.3.3.Food and Beverages Industry
8.3.4.Feed Industry
8.3.5.Nutraceuticals Industry
8.3.6.Others

9.Latin America
9.1.Latin America Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
9.2.1.Overview
9.2.2.Food Grade
9.2.3.Pharmaceutical Grade
9.2.4.Others
9.3.Latin America Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
9.3.1.Overview
9.3.2.Dietary Supplements
9.3.3.Food and Beverages Industry
9.3.4.Feed Industry
9.3.5.Nutraceuticals Industry
9.3.6.Others

10.Middle East
10.1.Middle East Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
10.2.1.Overview
10.2.2.Food Grade
10.2.3.Pharmaceutical Grade
10.2.4.Others
10.3.Middle East Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
10.3.1.Overview
10.3.2.Dietary Supplements
10.3.3.Food and Beverages Industry
10.3.4.Feed Industry
10.3.5.Nutraceuticals Industry
10.3.6.Others

11.Africa
11.1.Africa Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
11.2.1.Overview
11.2.2.Food Grade
11.2.3.Pharmaceutical Grade
11.2.4.Others
11.3.Africa Chromium Picolinate Market, By End User, 2015-2027(US$ Mn)
11.3.1.Overview
11.3.2.Dietary Supplements
11.3.3.Food and Beverages Industry
11.3.4.Feed Industry
11.3.5.Nutraceuticals Industry
11.3.6.Others

12.Company Profiles
12.1.Merck KGaA
12.2.Sellwell(Group) Chemical Factory
12.3.Resonance Specialities Ltd.
12.4.Amsal Cambridge Commodities Limited
12.5.Chem Private Limited
12.6.Chemlock Metals Corporation
12.7.Celtic Chemicals Ltd
12.8.Oceanic Laboratories Pvt. Ltd.
12.9.Anmol Chemicals Group
12.10.Mubychem Group
12.11.Salvi Chemical Industries Ltd.
12.12.Yihan Industrial Co., Ltd.

List of Figures

FIG. 1Global Chromium Picolinate Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Chromium Picolinate Market Segmentation
FIG. 4Global Chromium Picolinate Market, by Grade, 2019(US$ Mn)
FIG. 5Global Chromium Picolinate Market, by End User, 2019(US$ Mn)
FIG. 6Global Chromium Picolinate Market, by Geography, 2019(US$ Mn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Chromium Picolinate Market Manufacturers, 2019
FIG. 9Global Chromium Picolinate Market Value Contribution, By Grade, 2019 & 2027 (Value %)
FIG. 10Global Chromium Picolinate Market,by Food Grade, Value,2015-2027(US$ Mn)
FIG. 11Global Chromium Picolinate Market, by Pharmaceutical Grade, Value, 2015-2027(US$ Mn)
FIG. 12Global Chromium Picolinate Market, by Others, Value, 2015-2027(US$ Mn)
FIG. 13Global Chromium Picolinate Market Value Contribution, By End User, 2019 & 2027 (Value %)
FIG. 14Global Chromium Picolinate Market, by Dietary Supplements, Value, 2015-2027(US$ Mn)
FIG. 15Global Chromium Picolinate Market, by Food and Beverages Industry, Value, 2015-2027 (US$ Mn)
FIG. 16Global Chromium Picolinate Market, by Feed Industry, Value, 2015-2027 (US$ Mn)
FIG. 17Global Chromium Picolinate Market, by Nutraceuticals Industry, Value, 2015-2027 (US$ Mn)
FIG. 18Global Chromium Picolinate Market, by Others, Value, 2015-2027 (US$ Mn)
FIG. 19U.S. Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 20Rest of North America Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 21U.K. Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 22Germany Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 23France Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 24Rest of Europe Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 25Japan Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 26China Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 27India Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 28Rest of Asia Pacific Chromium Picolinate Market, 2015-2027(US$ Mn)
FIG. 29Middle East & Africa Chromium Picolinate Market, 2015-2027(US$ Mn)
Latin America Chromium Picolinate Market, 2015-2027(US$ Mn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices( Curved Glass Panel)Market
TABLE 2Global Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 3Global Chromium Picolinate Market, by Application, 2015-2027(US$ Mn)
TABLE 4Global Chromium Picolinate Market, by Geography, 2015-2027(US$ Mn)
TABLE 5North America Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 6North America Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 7North America Chromium Picolinate Market, by Country, 2015-2027(US$ Mn)
TABLE 8Europe Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 9Europe Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 10Europe Chromium Picolinate Market, by Country/Region, 2015-2027(US$ Mn)
TABLE 11Asia Pacific Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 12Asia Pacific Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 13Asia Pacific Chromium Picolinate Market, by Country/Region, 2015-2027(US$ Mn)
TABLE 14Latin America Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 15Latin America Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 16Latin America Chromium Picolinate Market, by Country/Region, 2015-2027(US$ Mn)
TABLE 17Middle East Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 18Middle East Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 19Middle East Chromium Picolinate Market, by Country/Region, 2015-2027(US$ Mn)
TABLE 20Africa Chromium Picolinate Market, by Grade, 2015-2027(US$ Mn)
TABLE 21Africa Chromium Picolinate Market, by End User, 2015-2027(US$ Mn)
TABLE 22Africa Chromium Picolinate Market, by Country/Region, 2015-2027(US$ Mn)
TABLE 23Merck KGaA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24Sellwell(Group) Chemical Factory: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25Resonance Specialities Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26Amsal Cambridge Commodities Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Chem Private Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 28Chemlock Metals Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29Celtic Chemicals Ltd: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Oceanic Laboratories Pvt. Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Anmol Chemicals Group: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Mubychem Group: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Salvi Chemical Industries Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Yihan Industrial Co., Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments