Global Calcium Gluconate Market - Growth, Trends and Forecasts (2016 - 2021)
The calcium gluconate market continues to drive the market with the increased demand from health supplement category. The market has highly consolidated with the regional domestic players and the international players. The major players in the market are Corbin, Jungbunzlauer, Sigma-Aldrich, TCI Chemicals among others. The expansion of calcium and allied industries in China and Japan has given a new opportunity for market.
The global calcium gluconate market is expected to grow at a CAGR of XX % during the forecast period of 2016 – 2021. The market, estimated at USD XX billion as of 2016, is projected to reach USD XX billion by 2021. Calcium gluconate is a derivate of gluconic acid commercially known as calcium salts of gluconic acid. It is obtained by the neutralization of the gluconic acid with calcium carbonate.
Calcium gluconate market has dominantly driven by its importance in medical treatment such as Calcium therapy. Its extensive use in injection and pharmaceutical medicines has increased the market demand. However, the various application markets with a significant demand for food and beverages are another major driver. The approval of GRAS status has increased the calcium gluconate market opportunity and usage as food additive. Growing aging population and increased calcium deficient population is driving the market growth. Calcium gluconate is a biodegradable product, which has become additionally important for being environment-friendly. Despite its drivers, there are certain factors that affect the market growth such as the adverse health of calcium gluconate. Excessive consumption of calcium gluconate results in nausea, vomiting, constipation, decreased appetite and dry mouth that acts as a restraint for the market. Moreover, the different food regulatory constraints that hinder the product formulation and labeling requirements are also affecting the market.
The market has been segmented by function type, by form type, application type, commercial grade type, and by geography. Calcium gluconate is mainly available in two commercial grades for food grade and injection grade. Injection grade holds the largest market due to its commercial medical application while food grade is growing at a faster rate. The various form of calcium gluconate available in the market is in powder, liquid, gums, and tablets forms. The liquid form of calcium gluconate had a major market due to its ease of absorption and increased use in medicine. Based on its function type, the global calcium gluconate market is divided into the buffering agent, curing, thickening and bulking agent, emulsifier and others. Calcium gluconate has its use in various applications such as food and beverages, medical, nutraceuticals, dietary supplements, and animal feed. Traditionally it is being mainly used for medical applications but nowadays its demand in food and beverages are growing. Supplements and Nutraceuticals segment are growing at a faster rate.
Global Calcium gluconate market is divided into North America, Europe, Asia-Pacific, South America and Africa. China and Europe dominates the market with its massive production. Moreover, the market is fully captured by various small domestic companies making a significant position in the market. Asia Pacific is growing at a faster rate driven the fastest growing China and Japan market. The US is the third largest market after Europe and China.
Products designed for health supplements are the future spotlights, as the health awareness among consumers both in developed and developing region is growing. Consumers are now more health concern for their pet health in countries like China, which has given an excellent opportunity for calcium supplement market.
Key Deliverables in the Study
Market analysis for the global Calcium gluconate market, with region specific assessments and competition analysis on global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global mal ingredient market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.