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Calcium Gluconate Market - Global Industry Growth 2024
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Calcium Gluconate Market: Drivers & Restraints
The global market for calcium gluconate is projected to grow as a result of the mounting demand from different end-use industries with the highest demand expected from pharmaceutical and food and beverages. Additionally, sunrise industries, such as nutraceuticals, have also largely stirred up demand for calcium gluconate globally. It is a major ingredient in various calcium-based health supplements.
An upswing in the demand for health supplements as a result of health aware consumers has briskly driven this market globally. Over 75% of Americans are reported to be calcium deficient. More than one among every 10 Americans, studies show, already suffers from, or stands the risk of, suffering from osteoporosis or other types of bone conditions or diseases. This is a major driver for the market for calcium gluconate in North America. The U.S. is projected to witness higher than average growth resulting from the use of health supplements. In other developed countries, a similar trend will continue.
However, when the intake of calcium gluconate is excessive, it may cause various side effects. These could be in the form of constipation, nausea, and an upset stomach. Likewise, rapid IV injections of this mineral supplement may lead to hypercalcaemia, which can further result in cardiac arrhythmias, vasodilation, bradycardia, and decreased blood pressure. This restrained the market for calcium gluconate.
Calcium Gluconate Market: Segmentation
The global market for calcium gluconate can be segmented broadly based on application, end use, as well as the form available. Based on the end use, the market for calcium gluconate can be further segmented into: emulsifier, bulking agent, and thickening agent. Similarly, on the basis of application, the calcium gluconate market can be further bifurcated into: food & beverages, pharmaceuticals, and nutraceuticals. The mineral supplement is available in the following forms on the commercial market: gum, powder, and liquid.
Calcium Gluconate Market: Region Wise Outlook
Geographically, the global calcium gluconate market can be classified based on seven regions: Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA).
The Asia Pacific region is projected to witness the highest growth thanks to increasing demand from the numerous end-use industries here. In addition, the growing government spending on infrastructure development will also help fuel the market’s growth through the forecast period.
Calcium Gluconate Market: Key Players
The major global key players in this space include: Noah Technologies Corporation, Aaron Industries, Inc. AKZO Nobel Chemicals Inc, American Biorganics, Inc, Coyne Chemical, Alfa Aesar, PMP Fermentation Products, Inc, Glucona America, Inc.
These companies are staying competitive by developing innovative market, which include mergers and acquisitions, new product development, joint ventures, and expansion.
Besides these large firms, there are also multiple new entrants in this market.
The 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 market, including but not limited to: Regional markets, technology, types, and applications.
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