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Increasing Demand from the Dietary Supplement Industry is expected to boost the growth of Calcium Lactate Market

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ashwinicmi
Increasing Demand from the Dietary Supplement Industry is expected to boost the growth of Calcium Lactate Market

Market Overview:

Calcium lactate is a white crystalline salt produced by the reaction of lactic acid and calcium hydroxide or calcium carbonate. It is used as a food additive and supplement. It plays an important role in metabolism, bone mineralization, muscle contractions, nerve signaling, and maintaining electrolyte balance in the body. It can be used as a calcium supplement or food preservative. Calcium lactate contains 13% elemental calcium and is highly soluble in water. It is often used as a supplement instead of calcium carbonate due to its better absorption in the body.

Market key trends:

One of the major trends in the calcium lactate market is the increasing demand from the dietary supplement industry. Calcium lactate is commonly used as a calcium supplement due to its high solubility and bioavailability. Rising health consciousness among consumers and increasing prevalence of osteoporosis has been driving the demand for calcium supplements. According to the National Osteoporosis Foundation, over 53 million Americans are at high risk for osteoporosis and low-impact fractures. This growing demand for calcium supplements as preventive healthcare is expected to support the growth of calcium lactate market over the forecast period.

Porter’s Analysis

Threat of new entrants: Calcium lactate market requires high R&D and capital investments to compete with existing players, posing barriers for new entrants.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of several calcium lactate suppliers in the market.

Bargaining power of suppliers: Suppliers have moderate bargaining power due to vast availability of raw material sources required for calcium lactate production.

Threat of new substitutes: Low threat of substitutes as calcium lactate has unique properties and functionality in various end-use industries like food & beverages.

Competitive rivalry: Intense competition among existing players will drive innovations in products.

Key Takeaways

The global calcium lactate market is expected to witness high growth, exhibiting CAGR of 2.5% over the forecast period, due to increasing demand from food & beverages industry.

Regional analysis: Asia Pacific calcium lactate market is expected to grow the fastest during the forecast period owing to increasing food processing industries and consumer awareness in the region. North America is expected to dominate the global calcium lactate market throughout the forecast period.

Key players: Key players operating in the calcium lactate market are Accion S.A., Cargill Incorporation, Jost Chemical Co., Nutrena, Tyson Food Inc., Anheuser-Busch InBev NV, Corbion, Henan Jindan Lactic Acid Technology Co Ltd., Land O'Lakes Inc., Provimi, Shenzhen Esun Industrial Co., Ltd., Shaanxi Sciphar Hi-Tech Industry Co. Accion S.A. and Cargill Inc. are the leading players in the calcium lactate market.

For more insights, read-

https://www.marketwebjournal.com/calcium-lactate-market-calcium-lactate-market/

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