Global Calcium Gluconate Market Size, Share, Opportunities, And Trends By Application (Food & Beverage, Pharmaceuticals, Personal Care Products, Animal Feed), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615245
- Pages : 138
A derivative of gluconic acid, calcium gluconate is also marketed as calcium salts of gluconic acid. The rising need for health supplements, where there is an increase in calcium deficiency due to an ageing population, is what drives the calcium gluconate market. Additionally, because it may be used as a bulking agent, emulsifier, and thickener, its use in the food and beverage industry has expanded since it was granted GRAS designation.
Due to its advantages in medical treatment, pharmaceutical industries have the highest share of the market when segmented by application. The growing demand for osteoporosis medications as a result of bad lifestyle choices and inactivity is another factor driving the calcium gluconate market. Another factor driving the market is the rising demand for frozen and peeled veggies as a result of hectic work schedules. The calcium gluconate market can benefit from growing consumer demand for products that prevent calcium deficiencies.
The rising demand from end-use productions including pharmaceutical and food & beverage industries would likely drive growth in the global calcium gluconate market. Industries like the production of nutraceuticals have also largely affected the global market. This one is identified as a crucial ingredient in several calcium-based workout supplements. This industry has expanded globally because to an increase in demand for health enhancements from fitness-conscious customers. The majority of people in American culture do not get enough calcium. More development than usual is anticipated in this region. Industrialised countries have been using fitness supplements more often recently, and this trend is likely to continue during the forecast period.
Increased Use of Nutritional Supplements
The benefits of using calcium supplements to treat calcium deficient conditions such as hypocalcaemia tetany, hypocalcaemia linked to hyperparathyroidism, and hypocalcaemia have increased demand for their usage in recent years. More than 53 million Americans, according to the NIH, have osteoporosis or are at high risk of developing it because they have poor bone density. As a result, people are now taking more calcium gluconate supplements.
Increased Heart Disease Prevalence to Drive Up Demand for Copper Gluconate Supplements
In many nations the main cause of illness is cardiac illness, sustaining adequate copper levels in the bodies of heart patients is crucial due to the function copper plays in sustaining heart rates. As a result, the capacity of copper gluconate supplements is growing as cases of heart illness rise. Vitamin deficiencies are becoming increasingly common as some populations throughout the world consume more junk food. Indirectly fueling demand for copper gluconate is the rise in eating disorder prevalence among young people and the predicted healthy expansion of the dietary supplement market.
North America is projected to be the prominent market shareholder in the calcium gluconate market globally and is anticipated to continue throughout the forecast period.
The market for calcium gluconate is dominated by North America because of the expanding local healthcare sector. The production of medications for the treatment of thyroid problems and rickets, as well as the presence of multiple manufacturers in the area, including Johnson & Johnson and Pfizer Inc., are factors that are propelling the market. While due to the expanding regional food & beverage sector, Asia-Pacific is anticipated to develop at the greatest growth rate throughout the projection period. Industry growth will be accelerated by rising regional demand for the manufacturing of nutrient-dense foods due to rising health consciousness.
Market Key Developments
- In May 2022, Grupo Orbis, a paints and coatings firm established in Colombia, was successfully acquired by Akzo Nobel N.V., strengthening its long-standing influence in the region.
- In March 2022, A leading producer of fine chemicals, laboratory equipment, and supplies on a global scale, Spectrum Chemical Mfg. Corp. has announced the addition of approximately 12 additional manufacturers to its rapidly expanding range of chemicals for the production of biopharmaceuticals under the bioCERTIFIEDTM quality management system.
- By Application
- Food & Beverage
- Personal Care products
- Animal feed
- By Geography
- North America
- United States
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
Frequently Asked Questions (FAQs)
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL CALCIUM GLUCONATE MARKET, BY APPLICATION
5.2. Food & Beverage
5.4. Personal Care products
5.5. Animal feed
6. GLOBAL CALCIUM GLUCONATE MARKET, BY GEOGRAPHY
6.2. North America
6.2.1. United States
6.3. South America
6.4.1. United Kingdom
6.5. The Middle East and Africa
6.5.1. Saudi Arabia
6.6. Asia Pacific
6.6.4. South Korea
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. COMPANY PROFILES
8.1. Akzo Nobel N.V.
8.2. Spectrum Chemical Manufacturing Corp.
8.3. Alfa Aesar
8.4. Westco Chemicals Inc.
8.5. Noah Technologies Corporation
Akzo Nobel N.V.
Spectrum Chemical Manufacturing Corp.
Noah Technologies Corporation
Glucona America, Inc
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