by Calcium citrate malate is a calcium salt that contains citrate, malate and calcium in fixed proportions. It is commonly used as a dietary calcium supplement and food additive. As a supplement, calcium citrate malate offers better absorption than other calcium supplements due to its soluble nature and neutral acid-base balance. It is widely used in food products like cereals, bakery items, dairy products and beverages to fortify them with calcium. The growing health-conscious consumer base has fueled the demand for calcium-fortified foods and beverages. Moreover, shifting consumer preference towards nutritious and functional foods is also boosting the calcium citrate malate market.
The global Calcium Citrate Malate Market is estimated to be valued at US$ 290 Mn in 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising consumption of nutritional and dietary supplements is a key trend driving the growth of calcium citrate malate market. The nutrient-rich profile of calcium citrate malate makes it suitable for bone health supplements targeting aging population and athletes. Favorable regulatory framework for calcium citrate malate in food products is another factor fueling its demand. Additionally, rapid urbanization, growing health awareness and changing lifestyles have also augmented the market growth over the years. Launch of new formulations containing calcium citrate malate catering to specific health conditions like osteoporosis is an emerging trend in the market.
Porter’s Analysis
Threat of new entrants: The Global Calcium Citrate Malate Market Size has moderate barriers to entry due to capital requirements.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes. However, buyers prefer branded products for quality assurance.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to the differentiated nature of products and services. However, presence of many suppliers limits their power.
Threat of new substitutes: Substitutes like calcium lactate and calcium gluconate pose low threat as citrate malate offers unique advantages.
Competitive rivalry: The market is moderately competitive with presence of top brands.
Key Takeaways
The global Calcium Citrate Malate Market is expected to witness high growth over the forecast period. The market size was valued at US$ 290 Mn in 2023 and is projected to reach over US$ 500 Mn by 2030, registering a CAGR of around 7.6%.
Regional analysis
North America dominated the market in 2023 and is expected to maintain its lead through 2030. This can be attributed to the increasing demand for dietary supplements in the region. Asia Pacific is expected to be the fastest growing market owing to rising health awareness and disposable incomes in developing countries like India and China.
Key players
Key players operating in the Calcium Citrate Malate market are Jungbunzlauer, Gadot Biochemical Industries, Sucroal, Dr. Paul Lohmann, Global Calcium, TATE & LYLE, American Elements, Triveni Chemicals, A.B. Enterprises, Nikunj Chemicals, Advait Industries, Anmol Chemicals, Krishna Chemicals, AMS biotechnology, Henan Honghui Biotechnology. Key players are focusing on new product launches and expanding their production capacities to cater to the growing demand.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
