The Food Grade Calcium Hydroxide Market is estimated to secure a valuation of US$ 3.6 Billion in 2023 and is estimated to rise to US$ 5.9 Billion by 2033. The market is anticipated at a CAGR of 5.1% during the forecast period. the factor accelerating the demand for food-grade calcium hydroxide is as follows-
Calcium hydroxide is derived from lime, the food-grade calcium hydroxide is also known as slaked lime, caustic lime, and pickling lime and is used as a leavening agent, flavoring agent, and preservative. The market for food-grade calcium hydroxide is expected to grow rapidly in the next few years owing to its usage and wide range of applications in pharmaceutical, animal feed, and biomaterial feed due to its high-value standards.
The increasing application of food-grade calcium hydroxide in the synthesis of calcium lactate, calcium citrate, and calcium naphthenate is likely to propel the demand for food-grade calcium hydroxide. Also, increased application in functional food & beverages, in infant formula to boost the demand for food-grade calcium hydroxide.
North America is emerging as a global hotspot for food-grade calcium hydroxide owing to the rapidly evolving food industry along with growing demand for innovative food product offerings. Europe is likely to show impressive growth in the food-grade calcium hydroxide market owing to increased demand from the food & beverage industry.
Asia Pacific is anticipated to witness the highest growth rate over the forecast period due to a rising manufacturing footprint and advancement in processing technology. Increased sales of food-grade calcium hydroxide in the Asia Pacific is driven by improving lifestyle and willingness to experiment with various taste and flavors.
The food-grade calcium hydroxide market is highly fragmented with the presence large number of vendors operating in the market. Some of the key players operating in the food-grade calcium hydroxide market are Mississippi Lime Company, Innovo Chemicals Limited, Jost Chemical co, Shenlong, CARMEUSE EUROPE, and Lhoist group among others. Com. These companies are implementing various strategies to gain an advantage such as emphasizing product quality and prices and building a strong brand reputation and distribution network.
Companies operating in the food-grade calcium hydroxide market are focusing on organic growth strategies like product launches and product approvals. They have adopted various strategies such as mergers, acquisitions, advanced product development, and collaboration to gain a competitive edge in the market.
For instance, in September 2022 - Mississippi Lime Company announced it has completed its acquisition of Valley Minerals, a single-site dolomitic quicklime producer based in Bonne Terre, Missouri. The acquisition will enable Mississippi Lime to expand on its commitment to better serve the growing next-generation steel production base in the Central USA
The future of the food-grade calcium hydroxide market is promising as the market is expected to continue growing in the coming years. Rising disposable income and standard of living leading to an increase in consumer spending on functional food products is a major factor that is creating a lucrative opportunity for the food-grade calcium hydroxide market.
The increasing popularity of e-commerce sites, rapid urbanization, and increased income levels contribute to the growth of the food-grade calcium hydroxide market. Also, the increased awareness about food-grade calcium hydroxide in customers is expected to boost the demand during the forecast period.
| Data Point | Key statistics |
|---|---|
| Expected Market value in 2023 | US$ 3.6 Billion |
| Projected Market Value in 2033 | US$ 5.9 Billion |
| Growth Rate (2023 to 2033) | CAGR of 5.1% |
Calcium hydroxide is also termed as slaked lime, is a white powdery solid that is bitter in taste and basic in nature. Food grade calcium hydroxide is basically a white soft fine powder that has a bulk density of 0.5-0.8.
Food grade calcium hydroxide requires high standards and removes metals from food products by a sequence of refining practises to maintain the food standards as compared to industrial-grade of calcium hydroxide.
Calcium hydroxide has a range of application in various end-use industries; food grade calcium hydroxide is not only used as food ingredients, but also for the pharmaceuticals, animal feed, and biomaterials synthesis among others, because of its high-value standards.
The continuous growth of the food and beverage sector, the application of food grade calcium hydroxide is also increasing, as it is widely used as acidity regulators, high-tech biological material synthesis, and feed additives synthesis.
However, the food grade calcium hydroxide is also during the synthesis process of calcium lactate, calcium naphthenate, and calcium citrate among others. These are main aspects behind the surging demand for food grade calcium hydroxide across the globel.
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Food grade calcium hydroxide is one of the inorganic compounds, with low toxicity, due to which it has a range of applications in the food industry. Food grade calcium hydroxide is used in the sugar industry for refining the raw sugarcane and sugar beet juice, for processing water for soft drinks and alcoholic beverages, also used in pickles, and nixtamalization process of maize.
In addition to this, food grade calcium hydroxide is also used for the preparation of functional food and beverages. However, food grade calcium hydroxide is also being used to prepare infant food products such as milk. These multi-functional applications of food grade calcium hydroxide are driving the market across the globel.
The key players operating in the global food grade calcium hydroxide market includes
The manufacturers of food grade calcium hydroxide are also investing in research & developments to introduce innovative solutions to end-use industries.
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During the production process of infant milk or fruit drinks, manufacturers use food grade calcium hydroxide for the calcium fortification in the product offerings. In brief, fruit drinks manufacturers are focusing on to increase the nutrition value of the products, to attract more numbers of consumers.
This due to the rising popularity of fortified beverages among the consumers. These days, the changing dietary pattern and desk-bound life have created deficiencies of vital components of food. Hence, to fulfil the optimum nutritional value, the consumers are looking for healthy drinks. Calcium is one of the key elements, it makes bones strong and prevents fracture. Moreover, the food grade calcium hydroxide is important for the body as it regulates the homeostasis.
Abovementioned factors are creating opportunities for the manufacturers operating in food grade calcium hydroxide market along with the end-users (functional beverage companies). To gain an upper hand in the global market, they should introduce such kind of products to generate more revenue along with global business expansion.
The food grade calcium hydroxide market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the food grade calcium hydroxide market, including but not limited to: regional markets, form, and purity grade.
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The food grade calcium hydroxide market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the food grade calcium hydroxide market report projects the attractiveness of each major segment over the forecast period.
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Food Grade Calcium Hydroxide Market
