“Global Calcium Citrate Market to reach a market value of USD 1.1 Billion by 2030 growing at a CAGR of 3.5%”
The Global Calcium Citrate Market size is expected to reach $1.1 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,293.6 hundred Tonnes, experiencing a growth of 2.7% (2019-2022).
Ongoing educational campaigns and initiatives highlighting the importance of calcium in bone health have raised awareness among North American consumers. Therefore, the North America region captured $253.5 million revenue in the market in 2022. North America has seen a significant increase in dietary supplements, including these supplements. The aging population in North America, particularly in the United States and Canada, has contributed to an increased focus on bone health, further boosting the demand for these supplements. The increasing popularity of plant-based diets in North America has increased demand for fortified plant-based products.
The dietary supplement industry is expanding globally, with consumers seeking convenient ways to meet their nutritional requirements. Calcium citrate supplements address this demand, promoting overall health and well-being. Increasing interest in personalized nutrition fosters the development of these supplements tailored to specific demographic groups and health conditions. The rise of personalized nutrition has led to the development of customized supplements. These can be included in formulations tailored to meet specific dietary requirements, addressing individual health needs. Manufacturers can create combination supplements containing these and other vitamins and minerals, providing a comprehensive solution for consumers. Additionally, functional foods and beverages fortified with these are a practical alternative for people looking to achieve their daily calcium requirements. This is particularly beneficial for individuals who have dietary restrictions or deficiencies. Including these in functional products contributes to a more comprehensive nutritional profile, addressing consumer health and wellness needs. Innovative dosage forms, such as chewable gummies and tablets, make it more appealing for consumers to consume these products. This caters to those who may have difficulty swallowing traditional pills. Thus, because of the functional food and beverage innovation, the market is anticipated to increase significantly.
However, citric acid is obtained from citrus fruits and is the basis for calcium citrate. Price fluctuations may result from disruptions in the supply chain, which may be caused by adverse weather conditions or diseases that affect citrus crops. Disruptions within manufacturing facilities, whether due to equipment malfunctions, maintenance, or unforeseen events such as fires or accidents, can lead to production delays. Delays in transporting raw materials or finished products, whether due to logistical issues, border restrictions, or unexpected events, can disrupt the manufacturing process. Issues in the transportation network, including congestion, lack of available carriers, or disruptions in shipping routes, can delay the movement of these products. Supply chain disruptions often result in increased operational costs. Manufacturers may face higher transportation expenses, expedited shipping costs, and expenses related to finding alternative sources of raw materials. Thus, supply chain disruptions can slow down the growth of the market.
Based on end-use, the market is classified into pharmaceuticals, food & beverages, and others. In 2022, the pharmaceuticals segment witnessed the largest revenue share in the market. Calcium citrate is a primary source of calcium in pharmaceutical formulations. It is used to prevent and treat calcium deficiencies, which can lead to various health issues, like bone disorders. This is a key component in medications to treat and prevent osteoporosis. Weakened bones characterize osteoporosis, and this maintains bone density and strength. The alkaline properties of these make it valuable in antacid formulations. It helps neutralize excess stomach acid, providing relief from heartburn and indigestion.
By form, the market is categorized into powder and granules. The granules segment covered a considerable revenue share in the market in 2022. Granules allow for the creation of controlled-release formulations. This feature is particularly beneficial in the pharmaceutical sector, where sustained absorption of these products over time can benefit certain medical conditions. Granules offer a convenient form for pharmaceutical applications. They can be easily dosed and formulated into various pharmaceutical products, including tablets, capsules, and sachets. Granules allow for encapsulation, enabling the development of these supplements with protective coatings.
Free Valuable Insights: Global Calcium Citrate Market size to reach USD 1.1 Billion by 2030
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating the highest revenue share. The Asia Pacific region has seen increased demand for nutritional supplements, such as these products. Manufacturers in the Asia Pacific are likely exploring innovative ways to fortify various food and beverage products with these. The Asia Pacific region has been experiencing a surge in wellness-oriented products.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 817.7 Million |
| Market size forecast in 2030 | USD 1.1 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 3.5% from 2023 to 2030 |
| Quantitative Data | Volume in Hundred Tonnes, Revenue in USD Billion, and CAGR from 2019 to 2030 |
| Number of Pages | 222 |
| Number of Tables | 490 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Form, End-use, Region |
| Country scope |
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| Companies Included | Jost Chemical Co., Gadot Biochemical Industries Ltd., Univar Solutions, Inc., Bayer AG, Panvo Organics Pvt Ltd., Adani Pharmachem Private Limited, Nikunj Chemicals, Balchem Corporation, Jungbunzlauer Suisse AG, Parchem – Fine & Specialty Chemicals |
By Form (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
By End Use (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
By Geography (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
This Market size is expected to reach $1.1 billion by 2030.
Expansion in dietary supplement use are driving the Market in coming years, however, Adverse impact of supply chain disruptions restraints the growth of the Market.
Jost Chemical Co., Gadot Biochemical Industries Ltd., Univar Solutions, Inc., Bayer AG, Panvo Organics Pvt Ltd., Adani Pharmachem Private Limited, Nikunj Chemicals, Balchem Corporation, Jungbunzlauer Suisse AG, Parchem – Fine & Specialty Chemicals
In the year 2022, the market attained a volume of 4,293.6 hundred Tonnes, experiencing a growth of 2.7% (2019-2022).
The Powder segment is generating highest revenue in the Market by Form in 2022; there by, achieving a market value of $625.8 Million by 2030.
The Asia Pacific region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $414.9 Million by 2030.
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