Calcium citrate malate Market overview: Calcium citrate malate is a highly bioavailable calcium supplement that is an integral part of dietary supplements and functional food formulations. It plays an important role in bone health and contributes to healthy bone mineralization. Calcium citrate malate supplements are widely used by health-conscious consumers for bone and teeth strengthening.
The global Calcium citrate malate Market is estimated to be valued at US$ 290 Mn 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 key trends:
Growing health consciousness among consumers regarding the significance of daily calcium intake through dietary sources or supplements has been a key growth driver for the calcium Global Calcium Citrate Malate Market Size. Calcium citrate malate is a preferred option owing to its superior bioavailability compared to other calcium supplements. Furthermore, increasing instances of osteoporosis and other bone-related disorders have also increased the demand for calcium supplements globally. The market has also witnessed major innovations in formulations and delivery forms, which has expanded the reach of calcium citrate malate supplements among health-seeking consumers.
SWOT Analysis
Strength: Calcium citrate malate is beneficial for bone and joint health. It helps improve bone density and symptoms of osteoporosis. It provides calcium along with other vitamins and minerals in a highly bioavailable form.
Weakness: Calcium citrate malate supplements are more expensive than other forms of calcium supplements like calcium carbonate. Manufacturing calcium citrate malate requires specific processing and quality control which increases the production costs.
Opportunity: Increasing health awareness among consumers regarding bone and joint health is driving the demand for specialty supplements like calcium citrate malate. Rising cases of osteoporosis globally presents an opportunity.
Threats: Strict regulations surrounding dietary supplement industry can impact production and distribution of calcium citrate malate supplements. Suppliers face tough competition from low-cost calcium supplement alternatives.
Key Takeaways
The global calcium citrate malate market is expected to witness high growth over the forecast period of 2023 to 2030. Regional analysis: The market is dominated by North America currently due to high health awareness and supplement consumption in the region. Asia Pacific is expected to be the fastest growing market due to rising cases of osteoporosis and increasing disposable incomes.
Key players analysis: 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. These players are focusing on new product launches, facility expansions and mergers & acquisitions to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it