What is Global Calcium Gluconate Market?
The Global Calcium Gluconate Market is a vast and dynamic sector that deals with the production, distribution, and consumption of calcium gluconate, a mineral supplement. Calcium gluconate is a calcium salt of gluconic acid, an oxidation product of glucose, and is used to treat conditions arising from calcium deficiencies. This market is a significant part of the global economy and plays a crucial role in the development of the healthcare and pharmaceutical industry. The market's value was estimated at US$ 91 million in 2022, and it is projected to reach US$ 112.2 million by 2029, growing at a compound annual growth rate (CAGR) of 3.0% from 2023 to 2029.
Food Grade, Pharmaceutical Grade, Others in the Global Calcium Gluconate Market:
The Global Calcium Gluconate Market is segmented into Food Grade, Pharmaceutical Grade, and Others. The Food Grade segment is the largest, accounting for about 65% of the market. This is because calcium gluconate is widely used as a food additive due to its health benefits. It is used in a variety of food products, including dairy products, beverages, and infant formula, to enhance their nutritional value. The Pharmaceutical Grade segment is also significant as calcium gluconate is used in the medical field for treating calcium deficiencies and as an antidote for magnesium sulfate overdose. The Others segment includes industrial applications of calcium gluconate.
Tablets, Oral Liquid, Food Additive, Others in the Global Calcium Gluconate Market:
Calcium gluconate finds its applications in various areas such as Tablets, Oral Liquid, Food Additive, and Others. In the form of tablets and oral liquid, it is used as a dietary supplement to ensure adequate intake of calcium. As a food additive, it is used to enrich various food products with calcium. Other applications include its use in agriculture for improving the calcium content of the soil and in the manufacturing industry as a component of cement.
Global Calcium Gluconate Market Outlook:
The Global Calcium Gluconate Market is dominated by a few key players, with the top three manufacturers holding a share of over 20%. China is the largest market for calcium gluconate, accounting for about 45% of the global market, followed by India, which holds about 25% of the market share. This dominance can be attributed to the high demand for calcium gluconate in these regions due to their large population and growing healthcare and food industries.
| Report Metric | Details |
| Report Name | Calcium Gluconate Market |
| Accounted market size in 2022 | US$ 91 in million |
| Forecasted market size in 2029 | US$ 112.2 million |
| CAGR | 3.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Anil Bioplus Limited, Global Calcium, AKHIL HEALTHCARE (P), Tomita Pharma, Xinhong Pharma, Hongyun Long Biological Tech, Xinganjiang Pharma, Feiyu Fine Chem, Ruibang Laboratories, Fuqiang Food Chem, Tianyi Food Additives, Ruipu Biological, Fengda Bio-Tech, YOJOY Pharma, Tengyuan Food Additive |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
