Calcium lactate is used in multiple applications in the food industry as a source of calcium, so its demand has reached new heights. In the United States, demand for calcium lactate has surged significantly due to health-conscious consumers and the growing popularity of vegan diets. Calcium lactate serves as an essential nutritional supplement for bone and tooth health and is prescribed by doctors for a healthier lifestyle.
NEWARK, Del., April 8, 2024 (Globe Newswire) — Calcium lactate market is expected to be worth USD 1,856.2 million in 2024. The market development is projected to be stimulated at a CAGR of 2.00% from 2024 to 2034. By 2034, the market value is expected to exceed USD 2,267.3 million.
Calcium lactate is an excellent source of calcium, an essential mineral for maintaining strong bones and teeth, so its demand continues to increase. Increasing awareness about the importance of calcium in the human diet has increased the demand for calcium supplements containing calcium lactate.
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Demand for processed foods is rapidly increasing due to people's busy lifestyles and the associated convenience factors. Calcium lactate is widely used in processed foods such as bakery products, confectionery, and dairy products to improve texture, flavor, and shelf life.
Functional foods are foods that provide health benefits beyond basic nutrition. It is becoming increasingly popular among health-conscious consumers looking for ways to improve their overall health and well-being. Calcium lactate is an important ingredient in many functional foods due to its ability to improve the nutritional profile of the product.
Calcium lactate is also used in the pharmaceutical industry as a source of calcium in various medicines and supplements. Rising demand for pharmaceuticals, especially in emerging markets, is expected to drive the growth of the calcium lactate market.
Calcium lactate is also used in the personal care industry in products such as toothpaste and mouthwash. Increasing demand for personal care products, especially in developing countries, is expected to drive the growth of the calcium lactate market.
Given that calcium lactate has several health benefits, including improving bone density, reducing the risk of osteoporosis, and enhancing dental health, increasing awareness of these benefits will make it more popular in the coming years. Demand for calcium lactate is expected to increase.
“The development of new and advanced technologies for the production of calcium lactate is expected to drive market growth. It’s easier to manufacture.” To tell nandini roy chowdhuryFuture Market Insights Client Partner.
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Key points from the Calcium Lactate market
-
Calcium lactate market is estimated to register a CAGR of 2.00% and reach a valuation of USD 2,267.3 million by 2034.
-
The powder segment dominates the market in terms of forms and is expected to capture a market share of 39.50% in 2024.
-
The food grade segment leads the market in terms of applications and is expected to capture 41.10% market share in 2024.
competitive environment
Many manufacturers are now focused on improving the consumer experience by introducing innovative marketing strategies. The competitiveness of the global market is highly influenced by the various manufacturers, distributors, and their geographic locations. To remain competitive in the market, stakeholders are striving to increase production capacity.
Country insights
The table below is a list of countries where calcium lactate is observed to be creating sufficient opportunities to meet peak demand.
|
Country |
CAGR from 2024 to 2034 |
|
|
America |
14.50 |
% |
|
China |
12.30 |
% |
|
Germany |
9.40 |
% |
|
Japan |
5.0 |
% |
|
Australia |
3.30 |
% |
company portfolio
cargill company
Cargill is a privately held global company with businesses in the food, agriculture and industrial sectors. Calcium lactate, one of the products offered by Cargill, is a white, odorless powder commonly used as a food additive.
Tyson Foods Co., Ltd.
Tyson Foods Inc. is a multinational food company headquartered in Springdale, Arkansas. Founded in 1935, the company has grown to become one of the world's largest producers of meat and poultry products.
Tyson Foods operates in several segments including poultry, beef, pork, and prepared foods. Tyson Foods also produces calcium lactate, a white crystalline powder commonly used as a food additive.
Land O'Lakes Co., Ltd.
Land O'Lakes, Inc. is a member-owned agricultural cooperative based in Arden Hills, Minnesota. Founded in 1921, the company has grown to become one of the largest dairy products manufacturers in the United States.
Land O'Lakes operates in several sectors, including dairy products, animal feed, and crop inputs. In addition to dairy products, Land O'Lakes also produces calcium lactate, a white crystalline powder commonly used as a food additive.
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Major segments
By form:
By end use:
-
feed grade
-
food grade
-
cosmetic grade
-
pharmaceutical grade
-
industrial grade
By region:
author:
Nandini Roy Choudhury, Food and Beverage Client Partner at Future Market Insights, Inc., has over seven years of management consulting experience. She advises industry leaders and explores hidden opportunities and challenges. She implements processes and operating models to support business objectives.
She has excellent analytical skills and often provides thought leadership.
Nandini has extensive functional expertise in key niche areas including, but not limited to, food ingredients, nutrition and health solutions, animal nutrition, and marine nutrition. She also has expertise in the pharmaceutical, biotech, retail, and chemical sectors, advising market participants to develop methodologies and strategies that deliver results.
Her core expertise is in corporate growth strategy, sales and marketing effectiveness, acquisition and post-merger integration, and cost reduction. Nandini earned her MBA in Finance from MIT School of Business. She also holds a bachelor's degree in electrical engineering from the University of Nagpur, India.
Nandini has written for several publications and has been quoted in magazines such as Beverage Industry, Bloomberg, and Wine Industry Advisor.
Explore FMI's relevant and ongoing coverage in the food and beverage space.
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