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| Global Calcium Lactate Market Size |
Calcium lactate finds wide application in food industry as a nutritional
supplement and food preservative. It is used in several packaged food products
such as bread, cakes, cheese and meat to enhance their nutrition content and
extend shelf life. Calcium lactate helps maintain texture and quality of food
products for longer duration. It regulates acidity levels in food and reduces
bacterial growth. These properties have led to surge in demand for calcium
lactate from food manufacturers.
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 key trends:
The widespread application of calcium lactate in food industry is a major trend
driving the calcium lactate market. Several packaged food companies use calcium
lactate as a key nutritional ingredient and preservative. Its excellent
functional properties enable extending the shelf life of products without
compromising on quality. Growing demand for processed and packaged food items
with long shelf life has further augmented the consumption of calcium lactate
across major food verticals globally. Food producers strategically utilize calcium
lactate to manufacture affordable packaged food products with superior
nutritional value and extended expiry date. This is expected to boost the
demand for calcium lactate in the food industry over the forecast period.
Segment Analysis
The global calcium lactate market is dominated by calcium lactate trihydrate
segment. It finds wide application in food and beverage industry as a pH
adjuster and preservative. Due to its stabilizing and buffering properties,
calcium lactate trihydrate is used in various food items like bakery products,
soups, meat, seafood, convenience food and others where it acts as emulsifier
and stabilizer.
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 comprises North America region is currently dominating
the global calcium lactate market owing to the high demand from food and
beverage industry. Europe region is expected to grow at the fastest rate during
the forecast period.
Key players related content comprises Key players operating in the calcium
lactate market are Amgen Inc. They focus on expanding their product portfolio
and strengthening regional presence through new product launches and
collaborations with regional players. The other key players in the market are
AMWAY India Enterprises Private Limited, GC Chemical Corporation, American Elements,
Bohus BioTech AB, Shandong Baolin Biology Company, ltd. and Jost Chemical Co.
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