Chromium Picolinate Market to Hit US$ 28.5 Billion by 2033
The chromium picolinate market is expected to be valued at US$ 12.5 billion in 2023 and is projected to reach US$ 28.5 billion in 2033. The market is projected to register a growth rate of 8.6% between 2023 and 2033.
An upsurge in the need for high-nutritional food products and growing sports and athletic activities necessitate and drive the demand for chromium picolinate. Increasing health awareness, changing consumer lifestyle, and growing lactose intolerance is projected to positively impact market growth.
The growing prevalence of diabetes further fuels the market demand as chromium picolinate helps regulate blood sugar levels and enhance the action of insulin. This can be beneficial for individuals with type 2 diabetes or those at risk of developing insulin resistance.
The growing concerns with weight management, emphasis on weight loss & and maintenance, importance of blood sugar & and pressure spike control are some of the factors that have been creating an overall enforcement in the market.