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Based on grade, the calcium gluconate market is segmented as pharmaceutical grade, Food grade. Pharmaceutical grade held a majority market value of USD 58.6 billion in 2022. Pharmaceutical grade calcium gluconate is used in medications to treat conditions like hypocalcemia, hyperkalemia, and as a calcium supplement.
Based on form, the calcium gluconate market is segmented as powder, liquid, tablet, gel. Powder held a dominant market share of around 42% in 2022 and is expected to grow at a lucrative pace through 2032. Powdered calcium gluconate is easily incorporable into various food and beverage formulations for nutritional fortification and enhanced calcium content.
Based on function, the calcium gluconate market is segmented as calcium supplement, bone health, antacid, skincare, and cosmetics. Calcium Supplement held a dominant market share in 2022 and is anticipated to grow at 6.1% CAGR through 2032. Growing awareness of the importance of calcium intake for bone health drives the demand for calcium gluconate as a dietary supplement.
Based on application, the calcium gluconate market is segmented as food and beverage manufacturers, pharmaceutical companies, nutraceutical companies, cosmetics and personal care companies, others. Food and Beverage Manufacturers held a dominant market share in 2022 and is anticipated to grow significantly till 2032. Calcium gluconate is used to treat hypocalcemia, a condition characterized by low calcium levels in the blood.
U.S. dominated the North American region with majority calcium gluconate market share and a revenue of USD 19.2 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. Increasing awareness of the importance of calcium intake for bone health and overall well-being drives the demand for calcium gluconate supplements and fortified products.