Global Calcium Citrate Market - 2023-2030

Global Calcium Citrate Market - 2023-2030

Market Overview
Calcium citrates are calcium salt of citric acid. It is mostly used as a food additive as a preservative but sometimes for flavor. It is also found in some dietary supplements. It is mostly used to prevent and treat calcium deficiencies. This additive is also chemopreventive for colon and other cancers. It has applications in the food & beverage, pharmaceutical and healthcare industries. Calcium citrate supplements treat low blood calcium levels in people who do not get enough calcium from their diet. It is used to treat conditions caused by low calcium levels, such as bone loss, weak bones, decreased activity of the parathyroid gland, and certain muscle diseases. Calcium citrate is necessary for the normal functioning of nerves, cells, muscles, and bones. The increase in the trend towards healthy eating habits has boosted the market growth.

The global calcium citrate market was valued at USD YY million in 2022. It is forecasted to reach USD YY million by 2030, growing at a CAGR of 4.36% during the forecast period (2023-2030).

Market Dynamics Growing awareness about health benefits of calcium citrate helps to boost market growth
Calcium citrate supplements are beneficial for the prevention of age-related bone mineral density (BMD) loss and fractures. The FDA has approved health claims that adequate vitamin D and calcium intake may reduce the risk of osteoporosis. Due to calcium protective effect on cells, it has the potential to reduce cancer risk. Calcium can reduce lipid absorption, which results in reducing cardiovascular disease risk. Some people use calcium to reduce weight and prevent metabolic syndrome. It is also beneficial for muscle contraction. It helps to reduce blood clotting in the body. It also helps to lower blood pressure. It gives better results for PMS symptoms. Calcium citrate also reduces the risk of colon cancer. Calcium is one of the most important elements for dental health and optimal bone.

Calcium citrate is mostly used as a food additive in packaged foods. Healthy eating habits have surged the demand for packaged food items. Calcium citrate is used to remove moisture from the packages and helps to boost the shelf life of the food products. The application of calcium citrate in packaged food increases the product's shelf life, prolonging the freshness and appearance of meats, fish, poultry, fruit and vegetables. It is one of the reasons major key players used calcium citrate during packaging.

Market Segmentation: Powder segment accounted for the highest share in global calcium citrate market
The powder form of segment held the largest market share in the forecast period. The powder form of calcium citrate is beneficial for long-term use, enhances stability, has fast action and is easy to apply. Increase demand for calcium citrate from consumers to treat conditions caused by low calcium levels, such as bone loss, weak bones, decreased parathyroid gland activity, and other muscle-related disorders. The increase in the consumer's disposable income with the rise in healthy eating habits and the rise in healthy eating habits has boosted the demand for extra food supplements where powder forms of supplements are used to reduce calcium deficiency. It is one of the key drivers responsible for the segment's growth in the forecast period. Furthermore, the increased number of patients with calcium deficiency due to insufficient dietary calcium has surged the segment growth.

On the other hand, the market for pharmaceutical application is projected at USD YY million in 2022 and is estimated to grow at a CAGR YY% during the forecast period (2023-2030) to reach USD YY million by 2030. The pharmaceutical application held a major share of the calcium citrate market due to the surge in patients suffering from calcium deficiency. Some of the major key players launched new products in the market. For instance, in April 2022, Bayer launched the nutritional supplement brand, Elevit in China for infant nutrition. The company launched two products under the brand, Vitamin D soft capsule and Calcium zinc Vitamin D soft capsule. Calcium Zinc Vitamin D soft capsule contains 100IU of vitamin D, 100 mg of calcium citrate for bone development and 1 mg of zinc to stimulate the child’s appetite.

Geographical Penetration: Asia-Pacific is the dominating region during the forecast period
In 2022, Asia-Pacific had the highest revenue share of almost YY percent. India and China are major shareholding countries in the region due to the increase in the consumer's disposable income and increasing consumer awareness about health. The increase in the demand for calcium citrate in China is due to the rapidly increasing food packaging sector, which attracts manufacturers to increase their calcium citrate facilities. Furthermore, India's rapidly growing pharmaceutical sector is witnessing significant growth owing to the increasing severity of the disease as calcium citrate is used in various formulations. Increasing demand for supplements and nutrients among the baby population helps to boost the market growth. An increasing number of millennials are opting for calcium-based supplements; women, especially in their mid-30s, have shown greater interest in calcium-based supplements to maintain their bone health, which has further fueled the calcium citrate market in the region.

Competitive Landscape
The global calcium citrate market is competitive in nature, with the leading players capturing a whopping share in revenues. Jungbunzlauer Suisse AG, Gadot Biochemical Industries, Sucroal, Dr. Paul Lohmann GmbH KG, Global Calcium, TIB Chemicals, Jost Chemical, Penglai Marine, Shandong Hengtong Biotechnology and Xinyang Chemical are focused on technology advances for new launches at affordable prices. Major players are utilizing strategies including acquisitions & mergers, regional expansion, and partnerships to stand out as strong competitors in the market. Increased focus on R&D and new product launches are additional ways the key players improve their market presence. In January 2022, Gadot Biochemical Industry launched a calcium-magnesium blend. It is the combination of 100 mg calcium citrate and 50 mg magnesium citrate formulated in the ratio scientifically shown to provide long-term bone support. Without magnesium, calcium supplements can cause a negative effect of vascular calcification, depositing itself on the aortic wall, kidneys, arteries and cartilage rather than in bones, where it has the greatest benefit. In January 2023, Gadot Biochemical Industries will strengthen ingredient solutions for 2023. The company is highly invested in research and development activities. The company has a whole basket of minerals, including food, beverages, nutraceuticals, sports nutrition, pharmaceuticals, baby food, and animal nutrition. Ingredients include magnesium citrate, gluconate, phosphate and bis-glycinate, zinc citrate, gluconate, and phosphate, calcium citrate and phosphate, potassium citrate, and sodium citrate.

COVID-19 Impact: Positive impact on the global calcium citrate market
Consumers were seen shifting towards nutritional and healthy supplements to enhance their immune systems to survive the pandemic. For instance, The U.S. National Health and Nutrition Examination Survey declared that during the pandemic, more than 50% of the U.S. population was reported to be consuming supplements which increased the demand for the supplements by 20% during this time. Thus, the industry saw an increase in demand for products that include health, which served as a huge opportunity for the key market players to come up with new product launches.

The global calcium citrate market report would provide an access to approximately 53 market data tables, 43 figures and 200 pages