The global calcium acetate industry demand is poised to witness steady growth throughout the forecast period (2019 to 2029), with a projected Compound Annual Growth Rate (CAGR) of 3%. Key drivers fueling this growth include the continuous demand from diverse end-use sectors such as pharmaceuticals, food & beverages, and textiles. Market analysis by Future Market Insights (FMI) forecasts a concentration of bulk demand in Europe and North America.
Key Takeaways:
- Pharmaceutical Applications Driving Growth: Calcium acetate’s role in treating hypophosphatemia, particularly among patients with kidney diseases undergoing dialysis, is a significant driver of market growth. The compound helps regulate blood phosphate levels, thereby reducing the risk of stroke or heart disease.
- Expansion in Food & Beverage Industry: The use of calcium acetate as a preservative and additive in food products, especially in the manufacturing of dairy products like milk powder, cream, and condensed milk, is expected to experience substantial growth during the forecast period.
- Diverse Industrial Applications: Calcium acetate finds applications in various industries, including pharmaceuticals, chemicals, and construction. It is used in the production of anti-epileptic drugs, resins, printing inks, lubricants, and as a concrete accelerator in the construction sector.
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Regional Analysis:
- Europe Dominates Market Share: The European region is expected to lead the calcium acetate market, driven by substantial investments in research and development (R&D) activities aimed at diversifying its applications. However, the market may face challenges due to saturation in certain segments.
- Asia Pacific Emerges as Growth Hub: Asia Pacific is anticipated to witness significant demand for calcium acetate, driven by factors such as rising income levels, increasing purchasing power parity, and improving lifestyle. Countries like Indonesia, Taiwan, Thailand, Japan, and India are poised to be major contributors to this growth, particularly in pharmaceuticals, soaps, and detergents.
Competitive Landscape
Key players in the consolidated calcium acetate market include,
- Alemark
- Merck Millipore
- GFS Chemicals
- Richman Chemical
- Allan Chemical Corp.
- Avantor Performance Materials
- AVA Chemical PVT. LTD.
- Hawaii Chemicals & Scientific
Leading players are leveraging economies of scale for sustained competitive advantage.
Calcium Acetate Market: Segmentation
The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Function
- Texturizer
- Stabilizer
- Thickener
- Firming Agent
Application
- Pharmaceuticals
- Agriculture
- Food and Beverages
- Pet Food
Region
- North America
- Latin America
- Europe
- MEA
- Asia Pacific
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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