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| Global Food Grade Calcium Chloride Market Growth |
Food grade calcium chloride is an essential mineral and nutrient that provides numerous nutritional and functional benefits. It is widely used in the food processing industry as a firming agent, coagulant, yeast food, buffering agent, and preservative. Food grade calcium chloride helps extend the shelf life of packaged foods and improves the sensory qualities of various food products. The increasing utilization of processed and packaged foods globally has augmented the demand for various food additives and preservatives including food grade calcium chloride.
The Global Food Grade Calcium Chloride Market Growth
is estimated to be valued at US$ 892.74 Bn in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period 2024 to 2031.
Food grade calcium chloride finds extensive
application in bakery products, dairy products, meat processing, canned &
frozen foods, beverages, and other foods to improve functionality, texture and
shelf life. The growing demand for convenience and packaged foods with minimum
preservatives from health-conscious consumers has been driving the consumption
of natural mineral-based food additives like food grade calcium chloride.
Key Takeaways
Key players operating in the food grade calcium chloride market are
Saint-Gobain, Kingspan, Rockwool, BASF, Johns Manville, Knauf Insulation, Owens
Corning, Paroc, Dow Building Solutions, GAF Materials. Saint-Gobain and Dow
Building Solutions occupies a prominent market share owing to their wide
geographical presence and diverse product portfolio.
The rising demand for minimally processed and clean label foods provides
significant growth opportunities for food grade calcium chloride manufacturers.
The product is widely accepted as a natural mineral-based food additive.
Furthermore, the growing middle-class population and increasing disposable
income in developing economies will augment the demand for packaged and
processed foods markets, thereby fueling the market growth.
The key manufacturers are focusing on global expansion efforts through
partnerships, mergers, and acquisitions to augment sales volumes in high growth
regions. For instance, in 2021, BASF partnered with Parle Agro to expand its
food solutions business in India. Saint Gobain acquired Corrosion Protection
Technologies and Sound Seal in 2022 to expand its building material business in
North America.
Market Drivers
Burgeoning demand for processed and packaged foods: The rapid urbanization,
changing lifestyles and increasing working woman population has boosted the
demand for packaged and processed foods globally. Food grade calcium chloride
helps extend the shelf life of packaged foods by controlling microbial growth.
This growing demand from food processing industry is a major market driver.
Market Restrains
Stringent manufacturing regulations: All food additives including food grade
calcium chloride have to go through rigorous safety evaluation and approval
process laid down by international food regulatory bodies like FDA and EFSA.
The manufacturing companies have to invest substantially in R&D and quality
certifications to comply with changing regulations, which can restrain small
players.
Segment Analysis
The de-icing segment currently dominates the food grade calcium chloride market
accounting for over 30% share. Massive demand from airports to prevent ice
formation on runways and taxiways is driving the market for food grade calcium
chloride in de-icing applications. The food processing segment is another major
consumer of food grade calcium chloride where it is used as firming agent and
preservative in canned vegetables and fruits. Growing demand for canned and
frozen foods is positively impacting the demand from food processing segment.
Global Analysis
The North America currently holds the largest share of over 35% in the global
food grade calcium chloride market. Presence of major airports and large food
processing industries in U.S and Canada is driving the consumption of calcium
chloride in de-icing and food processing applications. Asia Pacific market is
expected to witness fastest growth during the forecast period supported by
increasing meat consumption and rising aviation traffic in emerging economies
of China and India. Robust infrastructure development and expanding middle
class population is projected to propel the demand for calcium chloride in APAC
region over the coming years.
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Grade Calcium Chloride Market