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2022

Calcium Citrate Market

Calcium Citrate Market Size, Share, Competitive Landscape and Trend Analysis Report by Form, by End-use Industry : Global Opportunity Analysis and Industry Forecast, 2021-2031

MC : Bulk Chemicals

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Author's: Nikhil Mittal | Eswara Prasad
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Calcium Citrate Market Research, 2031

The global calcium citrate market was valued at $0.8 billion in 2021, and is projected to reach $1.2 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

Calcium citrate is a white, colorless salt of calcium that is commonly used as firming agent, acidity regulator, food preservative, anti-caking agent, and fortification agent in food & beverage, pharmaceutical, and other end use sectors. Moreover, it is used in pharmaceutical sector to increase plasma calcium levels. Furthermore, it reduces calcium flux from osteocyte activity by significantly reducing the secretion of parathyroid hormone (PTH).

Calcium Citrate Market

The increase in purchasing power of consumers and fast-paced lifestyles boost the sales of packed food items in both developed and developing economies. According to an article published by Business Standard, the packed food market in India is expected to double in the upcoming 5-10 years owing to the economic growth, surge in e-commerce, and demographic dividend. Calcium citrate is commonly used as a food additive in various packed food items. Moreover, the increase in trends toward healthy eating habits have surged the popularity packaged food items where calcium citrate is used for removing moisture from the packages and thus, enhances the shelf life of the food items.

Furthermore, several studies have found that the use of calcium citrate for food packaging applications adds benefit of prolonging storage life, freshness and the appearance of meats, fish, poultry, fruit and vegetables. This has made the key players of the packed food industry more linear towards using calcium citrate.

This may propel the growth of the calcium citrate market during the forecast period. Moreover, growing incidence of lifestyle diseases has led the pharmaceutical sector to witness a significant growth. For instance, according to a report published by National Investment Promotion & Facilitation Agency, the Indian pharmaceutical sector is expected to reach $372 billion by 2022 at a compound annual growth rate (CAGR) of 39%. Also, the emergence of deadly diseases such as Cancer, HIV or AIDS, tuberculosis, and others have surged the R&D activities for developing highly efficient drugs where calcium citrate is used as a diuretic and phlegm agent for pharmaceutical formulation development. This is anticipated to foster the demand for polysorbate market during the forecast period.

However, the use of calcium citrate beyond the concentration limits may cause several health-related disorders such as nausea/vomiting, loss of appetite, unusual weight loss, mental/mood changes, bone/muscle pain, headache, increased thirst/urination, weakness, unusual tiredness. Furthermore, it can cause other side-effects such as hypersensitivity, nonallergic anaphylaxis, rash, pain, erythema, thrombophlebitis, and others. These factors may restrain customers from using calcium citrate; thus, hampering the market growth.

On the contrary, increase in awareness for a healthy and fit lifestyle has surged the demand for food supplements for providing extra nutritional support. For instance, according to a report published by India Brands Equity Foundation, the demand for dietary supplements is expected to grow at a compound annual growth rate (CAGR) of 21% and is expected to reach $10 billion by 2022. Moreover, the busy schedules of people have increased their dependency on fast-foods which in turn has led them to become more linear towards using food supplements to provide dietary benefits. Calcium citrate is a common ingredient used in multivitamin formulas to increase the blood calcium levels of the human body. This is anticipated to increase sales of calcium citrate; thus creating lucrative opportunities for the market.

The calcium citrate market is segmented into form and end-use Industry, and region. On the basis of form, the market is categorized into powder and granules. On the basis of end-use industry, it is divided into pharmaceutical, food and beverage, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The calcium citrate market has been analyzed in both value and volume metrics.

The global calcium citrate market profiles leading players that include Adani Pharmachem Private Limited, Aditya Chemicals, Alpha Drugs, Balchem Inc., Bayer AG, Daffodil Pharmachem, Gadot Biochemical Industries Ltd, Jungbunzlauer Suisse AG, Jost Chemical Co, Krishna Chemicals, Nikunj Chemicals, Panvo Organics Pvt Ltd., Parchem fine & specialty chemicals, SUCROAL, and Univar Solutions Inc.

Calcium Citrate Market by Form

In 2021, the powder segment was the largest revenue generator, and is anticipated to grow at a CAGR of 3.8% during the forecast period. This is attributed to the fact that powdered form of calcium citrate is beneficial for long-term compliance owing to factors such as enhanced stability, fast action, long life, and easy to apply. Moreover, the powdered form of calcium citrate is used to treat conditions caused by low calcium levels such as osteoporosis (bone loss), rickets (weak bones), hypoparathyroidism (decrease activity of parathyroid gland), and other muscle-related disorders. The increase in disposable income coupled with rise in healthy eating habits has surged the demand for extra food supplements where powdered form of calcium citrate is used to reduce the calcium deficiency. This may act as one of the key drivers responsible for the growth of the calcium citrate market for powdered form. Furthermore, the increase in number of patients with rickets (deficiency of calcium or vitamin D) due to insufficient dietary calcium have surged the demand for powdered form calcium citrate for use as a nutraceutical product to reduce the calcium deficiency in rickets patients. This is anticipated to increase the demand for powdered form of calcium citrate; thus, boosting the growth of this segment in the global market.

Calcium Citrate Market by End-use Industry

By end-use industry, the pharmaceutical segment dominated the global market in 2021, and is anticipated to grow at a CAGR of 3.9% during forecast period. This is attributed to increasing malnutrition among newly born babies and teenagers which in turn have surged the number of patients suffering from calcium deficiency where calcium citrate is used to treat calcium deficiency. Furthermore, increasing spending in developing modern and efficient healthcare systems in both developed and developing economies may surge the potential application of calcium citrate used for producing various medicinal formulations. Furthermore, calcium citrate is used in pharmaceutical sector to increase plasma calcium levels. Furthermore, it reduces calcium flux from osteocyte activity by significantly reducing the secretion of parathyroid hormone (PTH).

Calcium Citrate Market by Region

The Asia-Pacific calcium citrate market size is projected to grow at the highest CAGR during the forecast period, owing the fact that China's food packaging sector is increasing rapidly which has forced the calcium citrate manufacturers to increase their manufacturing capacities. Furthermore, the pharmaceutical sector in India is witnessing a significant growth owing to increasing severity of diseases where calcium citrate is widely used to produce various pharmaceutical formulations. For instance, according to a report published by India Brands Equity Foundation, India’s pharmaceutical sector stood at $42 billion in 2021 and is anticipated to reach $65 billion by 2024. This is anticipated to increase the sales of calcium citrate among the growing pharmaceutical sector; thus creating lucrative opportunities for the calcium citrate market in the Asia-Pacific region.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the calcium citrate market analysis from 2021 to 2031 to identify the prevailing calcium citrate market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • An in-depth analysis of the calcium citrate market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global calcium citrate market trends, key players, market segments, application areas, and market growth strategies.

IMPACT OF COVID-19 ON THE GLOBAL CALCIUM CITRATE MARKET

  • The calcium citrate market has witnessed a quick recovery post-COVID-19 situation due to its increased dependency on pharmaceutical sectors. For instance, according to an article published by Financial Express, the Indian pharmaceutical industry registered a growth of 15% in 2021 and is expected to grow at an average annual growth rate of 18.6% by 2025. This is expected to enhance the performance of the calcium citrate market.
  • Furthermore, the food & beverage industry is recovering post-pandemic owing to the rise in online grocery sales. For instance, according to a report published by a research journal named as International Journal of Market Research, the change in customers’ purchasing behavior has increased the sales of online grocery items in 2021. This may surge the demand for calcium citrate used as a major food additive in the food & beverage sector.

Calcium Citrate Market Report Highlights

Aspects Details
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Market Size By 2031

USD 1.2 billion

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Growth Rate

CAGR of 3.7%

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Forecast period

2021 - 2031

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Report Pages

251

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By Form
  • Powder
  • Granules
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By End-use Industry
  • Pharmaceuticals
  • Food and Beverages
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Spain, Italy, Rest Of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest Of Asia-Pacific)
  • LAMEA  (Rest Of LAMEA, Brazil, Saudi Arabia, South Africa)
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Key Market Players

ADITYA CHEMICALS LIMITED, JOST CHEMICAL CO., SUCROAL, Gadot Biochemical Industries Ltd., Panvo Organics Pvt Ltd., Daffodil Pharmachem, Jungbunzlauer Suisse AG, Univar Solutions Inc., Adani Pharmachem Private Limited,, Bayer AG, Alpha Drugs, Nikunj Chemicals, Krishna Chemicals, Parchem Fine and Specialty Chemicals, Balchem Inc.

Analyst Review

According to CXOs of leading companies, the global calcium citrate market is expected to exhibit high growth potential during the forecast period. Calcium citrates are used in pharmaceutical sectors to increase plasma calcium levels. Furthermore, it reduces calcium flux from osteocyte activity by significantly reducing the secretion of parathyroid hormone (PTH). Moreover, it is used in producing various pharmaceutical formulations which is further used to treat low blood calcium levels in patients suffering from calcium deficiency.

In addition, calcium citrate acts as an excellent food preservative that make it best suited for use in food and beverage sector for enhancing the shelf life of packed food items. Powdered form of calcium citrate is beneficial for long-term compliance owing to factors such as enhanced stability, fast action, long life, and easy to apply. Furthermore, factors such as rise in awareness for healthy eating habits has surged the popularity of calcium citrates-based nutraceutical products. CXOs further added that sustained economic growth and development of the animal nutrition sector have increased the popularity of calcium citrate.

Author Name(s) : Nikhil Mittal | Eswara Prasad
Frequently Asked Questions?

Calcium citrate is over the counter (OTC) drug, used majorly as a supplements. It helps increasing plasma calcium levels, and, it is also used to reduce calcium flux from osteocyte activity by significantly reducing the secretion of parathyroid hormone (PTH).

Calcium citrate is primarily used in pharmaceutical applications.

Asia-Pacific is the largest market for Calcium Citrate across the globe owing of large consumer base in countries such as China, and India.

The global calcium citrate market is projected to reach $1.2 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

The global calcium citrate market profiles leading players that include Adani Pharmachem Private Limited, Aditya Chemicals, Alpha Drugs, Balchem Inc., Bayer AG, Daffodil Pharmachem, Gadot Biochemical Industries Ltd, Jungbunzlauer Suisse AG, Jost Chemical Co, Krishna Chemicals, Nikunj Chemicals, Panvo Organics Pvt Ltd., Parchem fine & specialty chemicals, SUCROAL, and Univar Solutions Inc.

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Calcium Citrate Market

Global Opportunity Analysis and Industry Forecast, 2021-2031