Zinc acetate market seen reaching $229 million by 2030

Allied Market Research says the global zinc acetate market will rise from $138.3 million in 2020 to $229.0 million by 2030, driven by medicines, animal feed and wood preservation demand. Asia-Pacific is expected to lead growth, while the dihydrate and dietary & medicine segments remain the biggest contributors.

Why it matters: - Zinc acetate demand is tied to medicines, supplements, animal feed and wood preservation chemicals, so market growth tracks several industrial and health-care uses. - The projected expansion to $229.0 million by 2030 points to steady demand across multiple end markets, not just one niche application.

What happened: - Allied Market Research published a report on the global zinc acetate market covering dihydrate and anhydrous forms, and dietary & medicine, analytical reagent, wood preservative, chemical and other applications. - The market generated $138.3 million in 2020 and is projected to reach $229.0 million by 2030. - The forecast implies a 5.2% compound annual growth rate from 2021 to 2030. - A sample report is available. - A purchase inquiry page is available. - A full summary report is available. - A related PR Newswire page is available at More details.

The details: - The report says medicines and astringents, expansion of the animal feed market and rising demand for wood preservation chemicals are the main growth drivers. - The report says competition from other zinc-based alternatives is limiting growth. - The report says growing use in other applications could create new opportunities in the coming years. - The dihydrate segment held more than two-thirds of the market in 2020. - The dihydrate segment is projected to post the fastest CAGR, at 5.4% from 2021 to 2030. - The dihydrate form is used across dietary products, medicines and chemicals. - The dietary & medicine segment accounted for nearly two-thirds of the market in 2020. - The dietary & medicine segment is also expected to grow at 5.4% CAGR through 2030. - That application set includes supplements, animal feed, capsules, tablets, astringents and lozenges. - Asia-Pacific, followed by North America, held nearly two-fifths of global revenue in 2020. - Asia-Pacific is forecast to grow at the fastest rate, with a 6.0% CAGR through 2030. - The report links that regional growth to large supplements and animal feed markets in India and China. - Listed market players include Celtic Chemicals, Fengchen Group, GFS Chemicals, Jost Chemical, Kerry Group, Merck KGaA, Thermo Fisher Scientific, TIB Chemicals, FUJIFILM Corporation and Spectrum Chemical.

Between the lines: - The market forecast suggests zinc acetate remains a specialty ingredient with demand spread across health, nutrition and industrial uses. - The fastest growth in Asia-Pacific highlights how manufacturing and end-use demand in India and China are shaping the market outlook. - The overlap between the biggest segment and the fastest-growing segment suggests dietary and medicine uses remain the core demand engine.

What's next: - The report expects the dihydrate form and dietary & medicine applications to keep leading through 2030. - Asia-Pacific is expected to hold its dominance as the market expands. - New use cases beyond the current core applications could provide additional upside if zinc-based substitutes do not displace demand.