The global food grade calcium carbonate market size is expected to reach USD 8.49 billion by 2030, expanding at a CAGR of 7.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the growing demand for food nutrients in the food across the globe. The growing consumption of convenience food owing to the changing dietary patterns across the globe is expected to drive the market. The product can be added to convenience bread mixes, doughs, and baked goods to improve texture, volume, and structure. It acts as a dough conditioner, enhancing the handling properties and overall quality of baked products.
The product is often used as an additive in various applications. It may be added to foods and beverages as a source of calcium, an acidity regulator, a dough conditioner, a firming agent, or a color retention agent. It can also be used as a dietary supplement to provide additional calcium to individuals who may have insufficient intake through their regular diet.
The specifications and requirements for the product may vary slightly between regulatory jurisdictions. However, in general, it must meet strict purity and quality standards to ensure its safety for consumption. This typically involves the removal of impurities and contaminants such as heavy metals to levels that comply with established safety limits. In the European Union, the product is regulated by the European Commission. The EFSA evaluates the safety and establishes acceptable daily intake (ADI) levels for additives including calcium carbonate.
Asia Pacific is expected to dominate the market over the forecast period accounting for a revenue share of over 31% in 2022. This is attributed to the rapidly growing population leading to increased food demand and an increasing geriatric population in the region. Asia Pacific is the most populous region in the world, with countries like China and India having the largest populations globally. The region continues to experience population growth due to factors such as high birth rates, improved healthcare, and increased life expectancy.
Ground calcium carbonate was the dominating type segment in 2022 accounting for a revenue share of over 60% owing to its cost affordability as compared to its counterpart
In 2022, convenience food emerged as a key application segment contributing to over 12% of the revenue share owing to its wide usage as an additive in a wide range of edible products
Dietary supplements application is predicted to grow at a significant CAGR of 6.6% owing to the growing focus on preventive healthcare and personalized nutrition across the globe
The Asia Pacific is projected to dominate the market in the coming years owing to the rapidly growing nutraceutical and beverage industry in the region
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