by Calcium lactate is a calcium supplement used as an ingredient in various dietary supplements, food & beverages. It provides calcium to the body, helps build and maintain strong bones & teeth. The global calcium lactate market demand is experiencing steady growth owing to rising health consciousness and growing preference for organic and natural supplements.
The global Calcium Lactate Market is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising demand for dietary supplements remains one of the key growth drivers for the global calcium lactate market. The increasing awareness about health and nutrition has led to a surge in consumption of dietary supplements, especially among millennials and young working professionals. Calcium lactate is widely used as a key ingredient in calcium and bone health dietary supplements. Growing culture of preventive healthcare and reliance on supplements to fulfill daily calcium requirements is expected to boost the demand for calcium lactate over the forecast period.
SWOT Analysis
Strength: Calcium lactate is a rich source of calcium and easily absorbed by the body which promotes bone health. It helps in treating various bone disorders.
Weakness: Large doses of calcium lactate can cause side effects like nausea, vomiting, constipation and diarrhea. Overconsumption may lead to calcium oxalate buildup in the kidneys causing kidney stones.
Opportunity: Growing demand for nutritional and dietary supplements among health conscious consumers present growth opportunities. Increasing R&D for expanding applications of calcium lactate in food and pharmaceutical industries.
Threats: Availability of alternative calcium supplements poses competition. Stringent regulations pertaining to food applications can hamper growth.
Key Takeaways
Global Calcium Lactate Market Size is expected to witness high growth. The global Calcium Lactate Market is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2023 to 2030.
Regional analysis
The North America region currently dominates the calcium lactate market and is expected to continue its dominance over the forecast period. This is attributed to rising health awareness, growing demand for dietary supplements and pharmaceutical products. Asia Pacific is anticipated to witness fastest growth attributed to growing population, improving healthcare infrastructure and rising disposable income in the region.
Key players
Key players operating in the Calcium Lactate market are Amgen Inc.
Calcium lactate is derived from lactic acid and commonly used as a nutritional additive and pharmaceutical intermediate. It has wide applications in food industry as acidity regulator, firming agent etc. and in pharmaceuticals industry as calcium supplements. Growing demand for nutritional supplements among health-conscious consumers is projected to drive the calcium lactate market over the forecast period of 2023 to 2030.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
