Calcium citrate malate is an organic acid salt that is widely used as a dietary supplement. It is known to have higher bioavailability of calcium absorption compared to other calcium supplements. Calcium citrate malate finds major application in food and beverage industry where it is used as a calcium fortifying agent in various dairy products, juices, and nutritional supplements. It supports bone health by maintaining calcium and phosphorus levels in the body.

The global calcium citrate malate market is estimated to be valued at US$ 334.08 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One of the key drivers for the growth of calcium citrate malate market size is the increasing application of the product in food and beverage industry. There is rising demand for calcium fortified beverages and dairy products from health conscious consumers. Calcium citrate malate performs the dual function of calcium supplementation as well as acidification of beverages. Thus, food and beverage manufacturers are using calcium citrate malate as a versatile mineral and pH control ingredient. Furthermore, growing elderly population worldwide has also fueled the demand for dietary calcium supplements. Calcium citrate malate supplements have higher bioavailability and aid in bone health. The increasing health issues like osteoporosis has redirected focus on meeting daily calcium requirements through supplements, which is propelling the market growth.

SWOT Analysis

Strength: Calcium citrate malate has several nutritional benefits that boost its demand. It is a well-absorbed calcium supplement that supports bone health. Due to its ability to improve calcium absorption, three sentence or less doses of calcium citrate malate can provide similar calcium levels as higher doses of other supplements.

Weakness: The market is highly dependent on supplement and pharmaceutical industries for revenue. Dependence on a few key end-use industries increases vulnerability to market fluctuations. Manufacturers face constraints in raw material supply that hamper large-scale production.

Opportunity: Rising health awareness is prompting consumers to opt for nutritional supplements. Increasing geriatric population prone to bone diseases will augment the product demand. New applications in functional foods and beverages provide untapped opportunities.

Threats: Skepticism regarding effectiveness of supplements poses a threat. Stringent regulatory policies for new product approvals are challenges. Alternative vegetarian supplements curb the calcium citrate malate sales.

Key Takeaways

The global calcium citrate malate market is expected to witness high growth. The global calcium citrate malate market is estimated to be valued at US$ 334.08 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031.

North America currently dominates the market due to rising health consciousness and increasing per capita expenditure on nutritional supplements. Asia Pacific is projected to be the fastest growing market for calcium citrate malate attributed to growing health awareness, rapidly expanding pharmaceutical industry, and rising per capita expenditure on healthcare in China and India.

Key players operating in the calcium citrate malate market are Omron Corporation, Texas Instruments Incorporated, ABB Limited, TE Connectivity Inc., Sick AG, Omega Engineering Inc., Bosch Sensortec GmbH, Honeywell International Inc., First Sensor AG, Rockwell Automation Inc., NXP Semiconductors NV, Siemens AG, ams AG, and STMicroelectronics Inc.

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