Market Size of Calcium Gluconate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Calcium Gluconate Market Analysis
Global calcium gluconate market is growing at a CAGR of 7.0% during the forecast period (2019-2024).
- Calcium gluconate is a derivate of gluconic acid and commercially known as calcium salts of gluconic acid. The market for calcium gluconate is driven by the increased demand from the health supplement category, where the growing aging population and increased calcium deficient. Also, the approval of GRAS status has increased its usage as a food additive since it can be used as a bulking agent, emulsifier, and thickening agent, its usage in the food and beverage segment increases.
- On a segmentation front by application, pharmaceutical industries account for the largest share of the market owing to its benefits in the medical treatment.
- However, certain factors that are affecting the market growth are the excessive consumption of calcium gluconate results in nausea, vomiting, constipation, decreased appetite, and dry mouth that acts as a restraint for the market. Moreover, the different food regulatory constraints that hinder the product formulation and labeling requirements are also affecting the market.
