Calcium Lactate Market worth 2.5% CAGR by 2028
Bengaluru, August – Calcium lactate is a chemical compound and a type of calcium salt derived from lactic acid. It is commonly used in various industries, including food and beverage, pharmaceuticals, and industrial applications. Calcium lactate exists in two forms such as calcium lactate gluconate (calcium lactate-gluconate) and calcium lactate pentahydrate.
Calcium is an essential mineral for maintaining bone health and overall well-being. As a result, calcium lactate is utilized as a source of calcium in various health and nutritional supplements. The rising health-consciousness among consumers has led to an increased demand for such supplements, positively impacting the market. Further, the approval of calcium lactate as a safe food additive by various regulatory authorities has facilitated its incorporation into a wide range of food products, driving calcium lactate market growth.
The nutraceutical and dietary supplement industry was experiencing substantial growth as consumers sought preventive health solutions. Calcium lactate could be utilized as a key ingredient in various calcium supplements, catering to consumers with calcium deficiencies and those aiming to improve bone health. Moreover, with ongoing advancements in pharmaceutical technology, there were opportunities for calcium lactate manufacturers to explore its applications in novel drug delivery systems. Calcium lactate’s properties as a pharmaceutical excipient make it potentially suitable for use in various oral and parenteral medications.
The Calcium Lactate Market research report titled as “Calcium Lactate Market, By Application and Geography – Drivers, Opportunities, Trends, and Forecasts Up to 2028”
Leading players in the market are Grupo AccionPlus, Jost Chemical Co, Cargill, Incorporated, Tyson Foods, Inc, and Anheuser-Busch InBev.
Asia Pacific accounted for the highest share of the market and is projected to witness for highest CAGR during the estimated period due to shifting lifestyles and surging demand from pharmaceutical and food & beverage sector.
The report consists of —- Tables 56 and charts 26 depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name. View detailed TOC here.
Calcium Lactate Market on the basis of Applications:
- Food & Beverage
- Cosmetics
- Feed Additives
- Pharmaceuticals
- Others (such as industrial)
Calcium Lactate Market on the basis of Geography:
- Asia Pacific
- Europe
- North America
- Rest of the World
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