What is Calcium Chloride Food Grade - Global Market?
Calcium Chloride Food Grade is a type of salt that is commonly used in the food industry. It is a white, crystalline substance that is highly soluble in water. It is used as a firming agent in canned vegetables, in cheese making, as an electrolyte in sports drinks, and as a source of calcium in food supplements. The global market for Calcium Chloride Food Grade is growing steadily, driven by increasing demand from various end-use industries. However, the market is also facing some challenges such as stringent regulations regarding food additives and potential health risks associated with excessive consumption. Despite these challenges, the market is expected to continue its growth trajectory in the coming years, thanks to the growing awareness about the benefits of calcium and the increasing popularity of processed foods.
Dihydrate, Anhydrous in the Calcium Chloride Food Grade - Global Market:
The Calcium Chloride Food Grade market is segmented based on the type of product, namely Dihydrate and Anhydrous. Dihydrate is the most commonly used type, accounting for over 70% of the total market share. It is preferred for its high calcium content and its ability to easily dissolve in water. Anhydrous, on the other hand, is used in applications where water content needs to be minimized. Both types have their own set of advantages and disadvantages, and their usage depends on the specific requirements of the end-use industry.
Beverage and Beer, Food Processing, Food Fresh Keeping, Others in the Calcium Chloride Food Grade - Global Market:
Calcium Chloride Food Grade is used in a variety of applications in the food and beverage industry. In beverages and beer, it is used to adjust the hardness of water, which can affect the taste and texture of the product. In food processing, it is used as a firming agent, especially in canned vegetables and fruits. It helps maintain the crispness and color of the produce. In food fresh keeping, it is used as a preservative to extend the shelf life of foods. Other uses include its use as a source of calcium in food supplements and as an electrolyte in sports drinks. Each of these applications has its own set of requirements and challenges, and the market is constantly evolving to meet these needs.
Calcium Chloride Food Grade - Global Market Outlook:
The global Calcium Chloride Food Grade market, which was valued at US$ 100 million in 2022, is expected to grow at a steady pace and reach a value of US$ 129.3 million by 2029. This represents a compound annual growth rate (CAGR) of 3.7% during the forecast period from 2023 to 2029. The market is dominated by two major manufacturers, who together hold a market share of nearly 20%. The largest segment of the market is the Dihydrate product, which accounts for over 70% of the total market share. This growth is driven by increasing demand from various end-use industries, including food and beverage, food processing, and food fresh keeping.
| Report Metric | Details |
| Report Name | Calcium Chloride Food Grade - Market |
| Forecasted market size in 2029 | US$ 129.3 million |
| CAGR | 3.7% |
| Forecasted years | 2023 - 2029 |
| Global Calcium Chloride Food Grade market, by region: |
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| Global Calcium Chloride Food Grade market, Segment by Type: |
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| Global Calcium Chloride Food Grade market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
