Potassium iodate is a food ingredient that oxidizes and strengthens gluten protein bonds in bread dough almost immediately after mixing. It accelerates the reactions which allow the bread to rise during baking.  William Blythe’s high quality potassium iodate meets the requirements of the Food Chemicals Codex for the manufacture of food (ingredients and additives) and processing aids. It is an effective oxidizing agent and has applications in food manufacturing, for example, accelerating the fermentation reactions in bread dough that enable bread to rise on baking.

It also has good stability and is approved as an iodine supplement. Iodine is essential for good health and is needed for effective thyroid gland operation, which affects the body’s metabolic and immunity functions. In the event of exposure to radiation, potassium iodate is also specified as a “thyroid blocking agent” to prevent uptake of radioactive iodine.

Related project:- Potassium Iodate

Various Application of Potassium Iodate

The growing demand for potassium iodate in agriculture is expected to boost the market within the forecast period. The demand for potassium iodate has experienced a continuous rise in the past few years and this trend is expected to continue in the next few years as well. The major reason for this is the diverse range of applications of potassium iodate. It is used in agriculture, water treatment, food preservation, medical, industrial and fire service applications among others. It is used in agriculture as a stable form of iodine, for animal to correct iodine deficiency and prevent various animal diseases, in food industry for iodization of table salt and in pharmaceuticals it is used for the production of disinfectants, antiseptics and deodorants.

Owing to such a wide range of applications, potassium iodate is widely used in several end-user industries. The growing demand for these application products from is anticipated to drive the demand for iodate in the next few years. However, the US Food and Drug Administration has expressed serious concerns about the safety and effectiveness of iodate, and the fact that its manufacturers are not in conformity with FDA rules to assure safety, quality and purity of the product. In addition, potassium iodate has the disadvantage of being a stronger intestinal irritant. These parameters may act as restraining factors for the growth of the potassium iodate market in the near future.

Related books:- Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals

Market Analysis of the Global Market

A large share of global iodate market has been contributed by the chemical and pharmaceutical industries. The rapid growth in the global and regional manufacturing sector of chemicals and pharmaceuticals, has necessitated the use of iodate as a raw material. Furthermore, lack of iodine can negatively impact on the health, such as it causes mental retardation, childhood mortality, goiter, and cretinism, among others. Thus, insufficiency of iodate is not only a nutrition concern; but also it is considered to be a major issue to human resources welfare and healthcare development of a nation. These factors are projected to fueling the global iodate market towards the end of the forecast period.

The growing world population associated by aging individuals and rising demand from the end-user applications will witness the global iodate market at a significant position. Iodate is also an important raw material in the production of animal’s food; hence, the growth in the consumption of animal feed additives across the world is expected to further drive the global iodate market.

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Conclusion

The project report by NPCS includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning, etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, etc. The report covers over all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements

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