The global Calcium Citrate Malate Market is estimated to be valued at US$ 290 Mn or in 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Calcium citrate malate is a mineral supplement that helps improve calcium absorption and bone health. It contains calcium, citric acid and malic acid that promotes calcium utilization from food and supplementation. Calcium citrate malate supplements are widely used to treat and prevent calcium deficiencies, osteoporosis and bone loss.
Market key trends:
One of the key trends in the calcium citrate malate market is the increasing demand from dietary supplement and functional food industry. Calcium citrate malate improves bioavailability of calcium from supplements and is gaining popularity as an alternative to calcium carbonate supplements. It is widely used in bone health supplements targeted for post-menopausal women and aging population. Growing health consciousness and preventive healthcare approach has also boosted the demand for calcium citrate malate supplements in recent years. Expanding application in pharmaceutical preparations and launch of new delivery formats such as chewable tablets and gummies have further propelled the market growth.
SWOT Analysis
Strength: Calcium citrate malate has high solubility and bioavailability. It helps in better calcium absorption in the body.
Weakness: Availability issues of raw materials required for manufacturing calcium citrate malate. Higher production cost than other calcium supplements.
Opportunity: Growing health-conscious population and increasing cases of osteoporosis worldwide creates high demand for calcium supplements.
Threats: Strict regulations associated with supplement industry. Competition from other cheaper calcium supplements.
Key Takeaways
The global Calcium Citrate Malate Market Growth is expected to witness high, exhibiting CAGR of 7.6% over the forecast period, due to increasing health concerns related to bone health. North America dominates the global calcium citrate malate market due to rising geriatric population suffering from osteoporosis in the region.
North America holds majority share in the global calcium citrate malate market owing to rising prevalence of osteoporosis among aging population. Asia Pacific is expected to witness fastest growth in the market during the forecast period owing to rising healthcare expenditure and increasing awareness about bone health supplements in the region.
Key players operating in the calcium citrate malate market are Jungbunzlauer, Gadot Biochemical Industries, Sucroal, Dr. Paul Lohmann, Global Calcium, TATE & LYLE, American Elements, Triveni Chemicals, A.B. Enterprises, Nikunj Chemicals, Advait Industries, Anmol Chemicals, Krishna Chemicals, AMS biotechnology, Henan Honghui Biotechnology. Leading players are focusing on R&D to develop advanced formulations of calcium citrate malate.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
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