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Calcium Gluconate Market Size
Calcium Gluconate Market size was valued at around USD 92.6 billion in 2022 and is anticipated to grow at a CAGR of 6.1% between 2023 and 2032. Calcium gluconate is commonly used as a calcium supplement to address calcium deficiencies and support bone health. It can be used to treat conditions like hypocalcemia, hyperkalemia, and magnesium intoxication.
Calcium gluconate is used to fortify food and beverages, enhancing their nutritional content and contributing to bone health. It acts as a firming agent, stabilizer, and sequestrant in various food products, improving texture and quality.
The calcium gluconate market can be highly competitive, with numerous suppliers vying for market share. Regulatory requirements related to quality, safety, labeling, and additives can be complex and differ across regions. The availability and cost of raw materials used in the production of calcium gluconate can fluctuate, affecting production costs and overall profitability. Thus, the risks associated with calcium gluconate may drive down the acceptance rate, further hampering the business growth.
Who are the key calcium gluconate business players?
Jungbunzlauer Suisse AG, Global Calcium Private Limited, American Biorganics, Alfa Aesarm, Chemical Associates Inc., Charkit Chemical Company, Glucona America, Inc., Niran BioChemical Limited, and Redox Pty Ltd. are some of the major calcium gluconate companies worldwide.
Why is the demand for pharmaceutical calcium gluconate growing?
Calcium gluconate industry size from the pharmaceutical grade segment recorded USD 58.6 billion in 2022 and will witness significant growth from 2023-2032 on account of its usage in medications to treat conditions, such as hypocalcemia and hyperkalemia.
How big is the calcium gluconate industry?
Calcium gluconate market size was valued at USD 92.6 billion in 2022 and will reach USD 167.6 billion by 2032 due to the growing consumer awareness about bone health and the surging importance of calcium intake worldwide.
What factors are influencing calcium gluconate market growth in the U.S.?
U.S. calcium gluconate size was USD 19.2 billion in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing awareness about the importance of calcium intake for bone health and overall well-being in the region.