Calcium Citrate Malate Market driven by Growing Demand for Bone...

Calcium Citrate Malate Market driven by Growing Demand for Bone Health Supplements

Postado 2024-06-05 14:09:50

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The calcium citrate malate market has witnessed significant growth over the past few years owing to the growing prevalence of bone disorders such as osteoporosis among the geriatric population. Calcium citrate malate offers superior bioavailability over single calcium salts and helps build bone density and strength. It is commonly used as an ingredient in dietary supplements for bone and joint health. The global calcium citrate malate market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2030.

Key Takeaways

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. These players are focusing on new product launches and expansion strategies to gain a competitive edge in the market.

The growing demand for bone health supplements among the aging population prone to bone disorders is a major factor driving the growth of the calcium citrate malate market. Calcium citrate malate supplements help build bone mass and reduce the risk of fractures. Moreover, increasing health consciousness and changing lifestyles have boosted the consumption of dietary supplements.

The global Calcium Citrate Malate Market Size is expected to witness significant expansion in the Asia Pacific region over the forecast period. This can be attributed to the rising geriatric population, growing economies, and improving healthcare infrastructure in countries like China and India. Moreover, increasing awareness regarding bone health is expected to propel the demand for calcium citrate malate supplements in the region.

Market Drivers
One of the key drivers of the calcium citrate malate market is the rising incidences of osteoporosis. Osteoporosis is a major health issue affecting millions globally and leading to debilitating fractures. As per the National Osteoporosis Foundation, over 50% of the adult population aged above 50 years is at the risk of developing osteoporosis. Calcium citrate malate helps in building bone density and strength, thus helping in reducing the risk of fragility fractures associated with osteoporosis. This growing prevalence of the disease is expected to drive increased adoption of calcium citrate malate supplements.

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