Calcium lactate is an organic compound widely used as a nutritional supplement and food additive. It contains calcium and lactic acid and offers various health benefits. Calcium lactate supplements help improve bone health by promoting calcium absorption in the body. It plays a crucial role in building and maintaining strong bones and preventing bone-related disorders like osteoporosis. Apart from bone health, calcium lactate provides various other health advantages. It helps regulate blood pressure, muscle function, and nerve impulse transmission. The compound also supports cardiovascular health, enhances cognitive functions, and maintains electrolyte balance in the body.
Due to increasing health consciousness, consumers are more inclined toward nutritional supplements and functional foods fortified with minerals and vitamins. The rising prevalence of lifestyle diseases, especially among the geriatric population, further propels the demand for calcium lactate supplements. According to research, over 8.2 million Americans suffer from osteoporosis. The growing older populationbase and risk of age-related bone conditions drive the need for calcium uptake. Additionally, changing dietary patterns have reduced the intake of calcium-rich foods like dairy products. As a result, individuals opt for calcium lactate supplements to meet their daily requirements.
The global Calcium Lactate Market is estimated to be valued at US$ 1725 Mn in 2024 and is expected to exhibit a CAGR of 2.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the Calcium Lactate Market Demand is the rising from the food and beverage industry. Calcium lactate is widely used as a food additive to fortify products like canned foods, baked goods, breakfast cereals,fruit preserves and juices, chocolate, and chewing gums with calcium. It enhances the nutritional value of processed foods. Moreover, calcium lactate helps improve texture, stability and shelf life of products. The growing health-conscious consumer base is positively impacting the demand for calcium lactate fortified functional foods and beverages.
Porter’s Analysis
Threat of new entrants: Low- the calcium lactate market requires significant capital investments for R&D and production facilities. Bargaining power of buyers: High- the market has several buyers and product differentiation is low. Bargaining power of suppliers: High- the market relies on a few key raw material suppliers and small number of manufacturers who can influence prices. Threat of new substitutes: Moderate- calcium lactate has substitutes like calcium gluconate but it has better absorption in the body. Competitive rivalry: High- the market has several national and international players competing on pricing and quality.
Key Takeaways
The global calcium lactate market is expected to witness high growth.
Regional analysis: Asia Pacific is projected to dominate the market and grow at the highest CAGR during the forecast period due to increasing demand from food industry in countries like India and China.
Key players: Key players operating in the calcium lactate market are Amgen Inc., Corbion NV, SimcoQC, Akzo Nobel, Anmol Chemicals, FBC Industries, Gadot Biochemical Industries, Henan Jindan Lactic Acid Technology Co., Ltd.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
