Calcium Lactate Food Segment is the largest segment driving the...

Calcium Lactate Food Segment is the largest segment driving the growth of Calcium Lactate Market

Posted 2023-12-07 11:36:40

Market Overview:
Calcium lactate is commonly used as a nutritional supplement, preservative in food products. It enhances calcium absorption, boosts metabolism, strengthen bones and teeth.

Market key trends:
Rising health consciousness among consumers and growing awareness about the nutritional benefits of calcium lactate is expected to drive the market growth over the forecast period. Calcium lactate acts as an important mineral for bone health. It also helps in maintaining cardiovascular health, blood pressure, muscle function and nerve impulse transmission. Food manufacturers are increasingly using calcium lactate as a preservative, owing to its ability to extend shelf life of products and inhibit growth of microorganisms. The growth of packaged and processed food industry is also contributing to the rising demand for calcium lactate in the food applications.
SWOT Analysis

Strength: Calcium lactate is stable in various food applications and does not involve the risk of degradation during processing or storage. It provides necessary calcium and lactate to the body.

Weakness: High production cost associated with calcium lactate makes it less profitable for manufacturers. Increased regulations regarding food additives can hamper its demand.

Opportunity: Growing demand for dairy-free and vegan products is expected to boost the demand for calcium lactate as an alternative to dairy calcium. Growing health consciousness among consumers has increased the demand for calcium-fortified food products.

Threats: Availability of alternative sources of calcium like calcium citrate and calcium carbonate can restrain the calcium lactate market growth. Stringent norms regarding usage of food additives pose threats.

The global Calcium Lactate Market Demand is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways

The global calcium lactate market is expected to witness high growth, exhibiting CAGR of 2.5% over the forecast period, due to increasing demand for fortified food products.

Regional analysis: North America dominates the global calcium lactate market attributed to growing health awareness and increasing demand for nutritious dairy products. Asia Pacific exhibits highest growth potential owing to rising disposable income, growing population and increasing demand for fortified food products.

Key players operating in the calcium lactate market are Accion S.A., Cargill Incorporation, Jost Chemical Co., Nutrena, Tyson Food Inc., Anheuser-Busch InBev NV, Corbion, Henan Jindan Lactic Acid Technology Co Ltd., Land O'Lakes Inc., Provimi, Shenzhen Esun Industrial Co., Ltd., Shaanxi Sciphar Hi-Tech Industry Co. These companies are focusing on new product launches and strategic collaborations to strengthen their market position.

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