The global Calcium lactate Market Growth Accelerated by Increasing Use in Food Industry

-

Calcium lactate is a calcium salt of lactic acid used as a food additive. It acts as an acidity regulator and buffering agent in food products. Calcium lactate suppports bone health and provides calcium necessary for cardiovascular and muscular functions. It extends the shelf life and stability of food products.

The global Calcium lactate Market is estimated to be valued at US$ 1987.2 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increasing use of calcium lactate in the food industry is one of the major trends driving the growth of the market. Calcium lactate is extensively used as a food additive in canned vegetables, fruits, juices, baked goods, dairy products and others. It regulates acidity levels and acts as a pH balancer and buffering agent in various food items. The rising demand for processed and packaged food owing to busy lifestyle and changing dietary habits has contributed to the increasing consumption of calcium lactate as a food additive. Moreover, calcium lactate improves the nutritional profile of food products by fortifying them with calcium. This addresses mineral deficiency concerns and enhances product appeal among health-conscious consumers. The growth of the food industry globally is expected to augment the demand for calcium lactate over the forecast period.

Segment Analysis
The global calcium lactate market size is dominated by the food sub-segment. Calcium lactate is widely used as a food additive in bakery products, canned foods, cereals, chocolate, confectionery, meat products, etc. to improve textural and organoleptic properties. As a food additive, it acts as a leavening agent, moisturizer, firming agent, stabilizer, and preservative. It maintains freshness and texture while increasing the shelf life of various foods. The increasing demand for convenience and packaged food products has been the major factor supplementing the growth of this sub-segment.

Key Takeaways
The global Calcium Lactate market is expected to witness high growth. The global Calcium lactate Market is estimated to be valued at US$ 1987.2 Mn in 2023 and is expected to exhibit a CAGR of 2.0% over the forecast period 2024 to 2031.

The Asia Pacific region is expected to be the fastest growing as well as dominating region. This can be attributed to the increasing demand for packaged and convenience foods from countries like China, India due to rapid urbanization, rising income levels and changing lifestyles.

The key players operating in the Calcium Lactate market are Amgen Inc., Johnson & Johnson (Janssen Pharmaceuticals), Pfizer Inc., Roche Holding AG, Novartis AG, Biocon Limited, Teva Pharmaceutical Industries Ltd., LG Chem Ltd., Sandoz International GmbH (a subsidiary of Novartis AG), Intas Pharmaceuticals Ltd., Dr. Reddy's Laboratories Ltd., Celltrion Inc., 3SBio Inc., CJ CheilJedang Corporation, BioSidus SA.

Major players are focusing on new product launches, expansions, collaborations and acquisitions to strengthen their market position. For instance, in 2021, Corbion N.V. launched new calcium lactate powder product to meet diverse calcium fortification needs of food manufacturers.

Explore more information on this topic, Please visit: https://www.ukwebwire.com/calcium-lactate-market-share-and-opportunity-analysis/

Comments

Post a Comment

Popular posts from this blog

The global Calcium Citrate Malate Market Growth Accelerated by Expanding Applications

-
Image
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...
Read more

Labor Productivity Tracking Market Growth Accelerated by Remote Work and Digitalization Trend

-
Image
Labor productivity tracking solutions help businesses and organizations track employee productivity in real-time. These solutions offer features like time tracking, activity monitoring, goal setting, resource allocation, attendance logging, and analytics. They help enhance productivity by identifying opportunities for improvement, streamlining workflows, and ensuring employees are focused on tasks that add value. The global Labor Productivity Tracking Market is estimated to be valued at US$ 6.81 Billion in 2024 and is expected to exhibit a CAGR of 38% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rapid adoption of remote work and digitalization trend across industries during the pandemic has been a major driver accelerating growth of the labor productivity tracking market. Many organizations have now accepted work from home and hybrid work models. Labor productivity tracking solutions help employers...
Read more

Myopia and Presbyopia Eye Drops Market Growth Accelerated by Increase In Myopia And Presbyopia Cases

-
Image
Myopia and Presbyopia eye drops are used for temporary relief from blurred vision caused by refractive errors such as nearsightedness and farsightedness. Myopia and presbyopia eye drops contain saline or other solutions which helps in moisturizing the eyes and providing temporary relief from vision issues. Increase in usage of digital devices and lack of outdoor activities have accelerated the cases of myopia and presbyopia worldwide. The global Myopia And Presbyopia Eye Drops Market is estimated to be valued at US$ 1.8 billion in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023-2033, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing prevalence of myopia and presbyopia cases globally is the major key trend fueling the growth of the market. According to a study by The International Myopia Institute, it is estimated that around 50% of the world's population will suffer from myopia by the year 2050. T...
Read more