Calcium lactate is a calcium salt of lactic acid that helps maintain calcium levels in the body. It is commonly used as a food preservative to regulate acidity or alkalinity and also as a supplement. Calcium lactate has applications in food and beverage products such as dairy products, baked goods, candies and confectioneries to improve texture, increase shelf life and enhance flavor. It also finds usage in pharmaceutical industries for producing calcium supplements, antacids etc.

The global calcium lactate market is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The growing demand from the food and pharmaceutical industry remains the key driver for the calcium lactate market. According to studies, over 60% of the global production of calcium lactate is consumed by food manufacturers for food preservative applications. Additionally, rising health concerns have also augmented the demand for dietary calcium supplements which contain calcium lactate as a primary ingredient. This growing demand from dietary supplements sector continues to provide impetus to the market growth over the forecast period.

SWOT Analysis
Strength: Calcium lactate is extensively used as a food additive due to its taste and neutralizing properties. It improves digestion and absorption of calcium in the body. It also helps reduce water retention in the body. Calcium lactate is colorless, odorless, and dissolves quickly in water.

Weakness: Calcium lactate is not recommended for individuals suffering from lactose intolerance or sensitivity. It has a limited shelf life that could reduce its effectiveness over storage.

Opportunity: Increasing demand for fortified food and beverages is creating new opportunities for calcium lactate manufacturers. Growing health-conscious population is also driving the demand. Rising applications in nutritional supplements industry will drive future growth.

Threats: Availability of calcium carbonate as a substitute with greater compatibility could threaten calcium lactate demand. Stringent regulations pertaining to usage levels in different food products also pose challenges.

Key Takeaways

Global Calcium Lactate Market Size is expected to witness high growth. The global calcium lactate market is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2023 to 2030.

Regional analysis related content comprisesThe Asia Pacific region dominates the global calcium lactate market and is expected to witness the fastest growth over the forecast period. Factors such as rising calcium and mineral deficiencies, growing health awareness, expanding base of working women leading to increased demand for nutritional products are driving the Asia Pacific calcium lactate market.

Key players related content comprises Key players operating in the calcium lactate market are Amgen Inc., Biocon Ltd., Dr. Reddy's Laboratories Ltd., F. Hoffmann-La Roche AG, Mylan N.V., Pfizer Inc., Sandoz International GmbH (Novartis AG), and Teva Pharmaceutical Industries Ltd.

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