The global Calcium Citrate Malate Market Growth Accelerated by Expanding Applications

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Calcium citrate malate is an essential mineral compound that provides calcium and supports bone health. Calcium citrate malate supplements help maintain healthy bones and teeth as we age. They support calcium absorption and distribution throughout the body.

The global Calcium Citrate Malate Market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The expanding applications of calcium citrate malate are expected to drive the market growth over the forecast period. Calcium citrate malate supplements are increasingly being used to prevent and treat osteoporosis. They are especially recommended for people who cannot digest lactose or avoid dairy products. The compound is also finding wider use in functional foods and beverages with added calcium and minerals. Manufacturers are developing various product formats like tablets, capsules, and powders to increase customer reach. Rapid growth of calcium dietary supplements industry and focus on bone and joint health are some key factors boosting the calcium citrate malate market.

Segment Analysis

Calcium citrate malate market size is dominated by the food and beverage sub-segment. Calcium citrate malate finds wide application in various food products such as baked goods, confectioneries and desserts in order to fortify them with calcium. As customers are nowadays more health conscious and prefer food products enriched with essential minerals, use of calcium citrate malate as a food additive has increased substantially. Further, the easy availability and cost-effectiveness of this compound drives its high adoption in the food and beverage industry.

Key Takeaways

The global calcium citrate malate market is expected to witness high growth over the forecast period. The global Calcium Citrate Malate Market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031.

North America currently holds the largest share in the global market owing to robust presence of major calcium citrate malate manufacturers and suppliers in the region along with rising health awareness among population. The industry is witnessing notable merger and acquisition activities as key players are focusing on expanding their geographic presence to leverage potential opportunities in emerging markets like Asia Pacific and Latin America. India and China are major contributors to the Asia Pacific market due to growing food processing industry and rising per capita income.

Key players operating in the calcium citrate malate market are Omron Corporation, Texas Instruments Incorporated, ABB Limited, TE Connectivity Inc., Sick AG, Omega Engineering Inc., Bosch Sensortec GmbH, Honeywell International Inc., First Sensor AG, Rockwell Automation Inc., NXP Semiconductors NV, Siemens AG, ams AG, and STMicroelectronics Inc. Rising use of calcium and mineral enriched food products is expected to open new avenues for key market participants over the forecast period.

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