Food grade calcium chloride is a popular mineral supplement used in various food applications owing to its ability to enhance texture, control moisture content and preserve food quality for extended time. It is commonly used as firming agent in processed fruits and vegetables, as stabilizer in canned goods, dairy products and baked goods to maintain consistency. The food grade calcium chloride also aids in controlling yeast activity, dough conditioning and leavening. Furthermore, it prevents frost damage and preserves food during transportation and storage.
The global Food Grade Calcium Chloride Market is estimated to be valued at US$ 774.94 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
Growing packaged and processed food industry creates significant demand for food grade calcium chloride. The working population and changing consumer lifestyle has increased the demand for convenience and packaged food products across the globe. Calcium chloride effectively enhances shelf life of packaged foods and prevents spoilage during transportation and storage which is a valuable trait for food manufacturers. It allows food producers to cater to increasing demand for processed foods from urban consumers while maintaining food quality and safety. The food grade calcium chloride market is expected to grow substantially over the forecast period driven by expanding processed food industry worldwide.
Porter’s Analysis
Threat of new entrants: The food grade calcium chloride market has moderate threat of new entrants due to the established distribution channels and resources required. However, low raw material and production costs provide opportunities.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes. However, established uses of food grade calcium chloride give producers competitive advantage.
Bargaining power of suppliers: Suppliers have high bargaining power due to the limited availability of raw materials from natural brine sources and salt mines.
Threat of new substitutes: Calcium chloride faces threat from alternative mineral salts. However, its solubility and versatility make it difficult to replace fully.
Competitive rivalry: The market has large players with global presence increasing competitive pressure.
SWOT Analysis
Strength: High solubility and versatility make it suitable for various food applications. Non-hazardous nature increases demand.
Weakness: Fluctuating raw material prices and supply affect production costs. Heavy applications require careful packaging and storage.
Opportunity: Rising demand for processed and ready-to-eat foods and growth in food additive market present growth prospects. Emerging applications in animal feed and agriculture offer potential.
Threats: Stringent regulations on chemical usage in food pose compliance challenges. Substitute availability threatens market share.
Key Takeaways
The Global Food Grade Calcium Chloride Market Size is expected to witness high growth. The market size was valued at US$ 774.94 Mn in 2023 and is projected to reach US$ 1,391.57 Mn by 2030, expanding at a CAGR of 7.8% during the forecast period.
Regional analysis shows that North America dominates currently due to comprehensive food processing infrastructure and stringent quality standards. Asia Pacific is expected to be the fastest growing region owing to rising food trade, growing disposable income, and increasing health awareness.
Key players operating in the food grade calcium chloride market are Endo International plc, Teva Pharmaceutical Industries Ltd, Viatris Inc. (Mylan N.V.), Teikoku Pharma USA, Inc., Hisamitsu Pharmaceuticals Co. Inc., Galen Limited, Sorrento Therapeutics, Inc., Amneal Pharmaceuticals, Inc., Rhodes Pharmaceuticals L.P., 6iPain Healthcare Private Limited, and Sanofi S.A. The players are focusing on new product development and geographical expansion to gain market share.
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The 'Global Food Grade Calcium Chloride Market Outlook 2019-2024' offers detailed coverage of food grade calcium chloride industry and presents main market trends.
The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading food grade calcium chloride producers to provide exhaustive coverage of the market for food grade calcium chloride.
The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography.
The global food grade calcium chloride market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., France, Germany, Russia, and others), Asia-Pacific (China, Japan, India, Australia, and others), South America (Brazil, Argentina, and others), and Middle East & Africa (South Africa, Saudi Arabia, and others).
Furthermore, the report also includes an in-depth competitive analysis of the key vendors operating in this market.
Key Regions- North America- Europe- Asia Pacific- Middle East & Africa- South America Download Free Sample Report @ https://www.radiantinsights.com/research/global-food-grade-calcium-chloride-market-outlook-2019-2024/request-sample Key Vendors- Koruma Klor Alkali A.?.- LUXI Group- Nedmag B.V.- Oxy Chemical Corporation- Premier Chemicals Ltd.- Solvay S.A.- Tangshan Sanyou Group Co., Ltd.- TETRA Technologies, Inc.- Zhejiang Dacheng Calcium Co., Ltd.- Zirax Limited- request free sample to get a complete list of companies Key Questions Answered in This Report- Analysis of the food grade calcium chloride market including revenues, future growth, market outlook- Historical data and forecast- Regional analysis including growth estimates- Analyzes the end user markets including growth estimates.- Profiles on food grade calcium chloride vendors including products, sales/revenues, SWOT, and market position, recent developments.- Market structure, market drivers and restraints.
The latest trending report Global Calcium Chloride Food Grade Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Calcium Chloride Food Grade market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Calcium Chloride Food Grade industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Calcium Chloride Food Grade and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29708-calcium-chloride-food-grade-market-analysis-reportThe major players covered in Calcium Chloride Food Grade are:OxyChemZirax LimitedDachengTetra TechnologiesJuhua GroupWard ChemicalKoruma Klor AlkaliCoalescentrumSolvayNedmagShandong HaihuaWeifang Haibin ChemicalPremier ChemicalsTangshan SanyouBy Type, Calcium Chloride Food Grade market has been segmented into:Calcium Chloride DihydrateCalcium Chloride AnhydrousBy Application, Calcium Chloride Food Grade has been segmented into:Beverage & BeerFood ProcessingFood PreserveOthersThe report offers in-depth assessment of the growth and other aspects of the Calcium Chloride Food Grade market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Calcium Chloride Food Grade Market @ https://www.decisiondatabases.com/contact/download-sample-29708The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Calcium Chloride Food Grade product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Calcium Chloride Food Grade, with price, sales, revenue and global market share of Calcium Chloride Food Grade in 2018 and 2019.Chapter 3, the Calcium Chloride Food Grade competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Calcium Chloride Food Grade breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Calcium Chloride Food Grade market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Calcium Chloride Food Grade sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Calcium Chloride Food Grade Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29708Other Reports by DecisionDatabases.com:Global Sodium Bicarbonate Food Grade Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Food-Grade Phosphate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Food Grade Pullulan Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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