The calcium lactate market is on roadway to register a CAGR of 2.00% through 2034. The market valuation is set to jump from USD 1,856.20 million in 2024 to USD 2,267.30 million by 2034.
Attributes | Details |
---|---|
Market Size, 2024 | USD 1,856.20 million |
Market Size, 2034 | USD 2,267.30 million |
Value CAGR (2024 to 2034) | 2.00% |
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Attributes | Details |
---|---|
Application | Food Grade |
Market share in 2024 | 41.10% |
The surge in demand for packaged food and processed food is driving the growth of the segment. Food producers are heavily using calcium lactate in their food products to enhance their food quality, texture, and flavor.
Moreover, awareness about health and wellness is on the rise. Health-conscious individuals are actively including calcium supplements in their diet to improve the nutritional quality of their food.
Attributes | Details |
---|---|
Form | Powder |
Market share in 2024 | 39.50% |
Having a long shelf life and ease of transport, calcium lactate in powder form is gaining popularity among consumers. The versatility of the powder has made it appealing to end users in recent years. Moreover, its cost-effectiveness makes the powder segment an ideal choice among food processors in the current period.
Countries | CAGR from 2024 to 2034 |
---|---|
United States | 14.50% |
China | 12.30% |
Germany | 9.40% |
Japan | 5.0% |
Australia | 3.30% |
The CAGR of the market for the forecast period in the United States is anticipated to be 14.50%. Some of the factors influencing market growth in the country are:
The market is expected to register a CAGR of 12.30% in China through 2034. Some of the factors responsible for the market growth are:
The expansion of the food and beverage industry is anticipated to drive the calcium lactate market expansion in China. Calcium lactate is gaining popularity among food producers in China. Several food producers are increasingly integrating calcium as a food additive for the improvising texture, nutritional value, and flavors in the country.
The market is expected to progress at a CAGR of 9.40% in Germany during the forecast period. Some factors influencing this progress are:
The agriculture and animal husbandry industries are contributing to market growth in Germany. Farmers have actively seen using calcium lactate as fertilizer in the country. Moreover, the trend toward health consciousness and wellness is anticipated to drive the demand as many health-conscious individuals are using calcium as a dietary supplement.
The market is expected to progress at a CAGR of 5.00% in Japan throughout the forecast period. Some factors influencing the development are:
Japan is technologically advanced, and manufacturers there invest heavily in research and development. This affects the studied market because there is a growing demand for high-quality calcium lactate products. Manufacturers are trying to produce these at low cost with the help of latest technological advancements.
The market is expected to progress at a CAGR of 3.30% in Australia. Some factors influencing the progress are:
The pharmaceutical industry plays a significant role in the growth of the market in Australia. With the aging population increasing, there is a rising demand for calcium supplements to prevent age-related health issues such as osteoporosis and others.
Furthermore, the cosmetics industry is anticipated to gain a major market share in the country. Due to its excellent water-bonding properties, calcium lactate is gaining popularity among consumers as a moisturizing agent for the skin.
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Several manufacturers are striving to improve consumer experience by introducing new product portfolio at the present moment. Stakeholders are seeking to enhance consumer experience by introducing new marketing methods at the present moment.
Several manufacturers, distributors, and their geographic locations have a significant impact on market competitiveness. Participants and stakeholders are working on enhancing their production skills in the market.
Company Portfolio
Cargill Incorporation
Cargill Incorporated is a privately held global corporation that operates in the food, agriculture, and industrial sectors. One of the products that Cargill offers is calcium lactate, which is a white, odorless powder that is commonly used as a food additive.
Tyson Foods Inc.
Tyson Foods Inc. is a multinational food company headquartered in Springdale, Arkansas. Founded in 1935, the company has grown to become one of the largest producers of meat and poultry products in the world.
Tyson Foods operates in several segments, including chicken, beef, pork, and prepared foods. Tyson Foods also produces calcium lactate, which is a white, crystalline powder that is commonly used as a food additive
Land O'Lakes, Inc.
Land O'Lakes, Inc. is a member-owned agricultural cooperative based in Arden Hills, Minnesota. Founded in 1921, the company has grown to become one of the largest producers of dairy foods in the United States.
Land O'Lakes operates in several segments, including dairy foods, animal feed, and crop inputs. In addition to its dairy products, Land O'Lakes produces calcium lactate, which is a white, crystalline powder that is commonly used as a food additive.
Attribute | Details |
---|---|
Estimated Market Size (2024) | USD 1,856.20 million |
Projected Market Size (2034) | USD 2,267.30 million |
Anticipated Growth Rate (2024 to 2034) | 2.00% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Form, By End Use Application, and By Region |
Key Companies Profiled | Anheuser-Busch In; Cargill Incorporation; Tyson Food Inc.; Land O'Lakes Inc.; Corbion; Provimi; Jost Chemical Co.; Nutrena; Accion S.A.; Henan Jindan Lactic Acid Technology Co Ltd.; Galactic; Shenzhen Esun Industrial Co., Ltd.; Shaanxi Sciphar Hi-Tech Industry Co., Ltd.; Qingdao Health Food Co., Ltd.; Wego Chemicals and Minerals Corp.; Alfa Chemical Corporation; Xian Aladdin Biological Technology Co., Ltd.; Haviland Enterprises, Inc. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The CAGR of the market in the United States from 2024 to 2034 is estimated to be 14.50%.
The market is expected to develop at a CAGR of 2.00% from 2024 to 2034.
The calcium lactate market size is expected to be worth USD 1,856.20 million in 2024.
The CAGR of the market in China from 2024 to 2034 is estimated to be 12.30%.
The market is estimated to get as big as USD 2,267.30 million by 2034.
The market can be divided into the following segments: form, end use application, and region.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form 5.1. Powder 5.2. Tablet 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User 6.1. Food and Beverage 6.2. Cosmetic 6.3. Animal Husbandry 6.4. Pharmaceutical 6.5. Water Treatment 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Accion S.A. 17.2. Cargill Incorporation 17.3. Jost Chemical Co. 17.4. Nutrena 17.5. Tyson Food Inc. 17.6. Corbion 17.7. Land O'Lakes Inc. 17.8. Provimi 17.9. Shenzhen Esun Industrial Co., Ltd. 17.10. Haviland Enterprises, Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
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