Calcium
gluconate, a mineral supplement, is produced by the neutralization of
gluconic acid with calcium carbonate or lime. The mineral supplement
also features among the list of key medicines on the World Health
Organization’s list of essential medicines. It is used for treating
conditions resulting from calcium deficiencies. These conditions
include: hypocalcemia related to hyperparathyroidism, hypocalcaemia
tetany, and hypocalcaemia associated with rapid growth or pregnancy.
Besides its use as an active ingredient in medicines, it is also
widely used in numerous food products, where it serves the role of a
nutrient supplement. Calcium gluconate is a source of calcium in
different varieties of foods and beverage, including: soft drinks,
milk, bottled waters, juices, soy products, dairy products,
confectionery, and baked goods.
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Calcium
Gluconate Market: Drivers & Restraints
The
global market for calcium gluconate is projected to grow as a result
of the mounting demand from different end-use industries with the
highest demand expected from pharmaceutical and food and beverages.
Additionally, sunrise industries, such as nutraceuticals, have also
largely stirred up demand for calcium gluconate globally. It is a
major ingredient in various calcium-based health supplements.
An
upswing in the demand for health supplements as a result of health
aware consumers has briskly driven this market globally. Over 75% of
Americans are reported to be calcium deficient. More than one among
every 10 Americans, studies show, already suffers from, or stands the
risk of, suffering from osteoporosis or other types of bone
conditions or diseases. This is a major driver for the market for
calcium gluconate in North America. The U.S. is projected to witness
higher than average growth resulting from the use of health
supplements. In other developed countries, a similar trend will
continue.
However,
when the intake of calcium gluconate is excessive, it may cause
various side effects. These could be in the form of constipation,
nausea, and an upset stomach. Likewise, rapid IV injections of this
mineral supplement may lead to hypercalcaemia, which can further
result in cardiac arrhythmias, vasodilation, bradycardia, and
decreased blood pressure. This restrained the market for calcium
gluconate.
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Calcium
Gluconate Market: Segmentation
The
global market for calcium gluconate can be segmented broadly based on
application, end use, as well as the form available. Based on the end
use, the market for calcium gluconate can be further segmented into:
emulsifier, bulking agent, and thickening agent. Similarly, on the
basis of application, the calcium gluconate market can be further
bifurcated into: food & beverages, pharmaceuticals, and
nutraceuticals. The mineral supplement is available in the following
forms on the commercial market: gum, powder, and liquid.
Calcium
Gluconate Market: Region Wise Outlook
Geographically,
the global calcium gluconate market can be classified based on seven
regions: Latin America, North America, Eastern Europe, Western
Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle
East and Africa (MEA).
The
Asia Pacific region is projected to witness the highest growth thanks
to increasing demand from the numerous end-use industries here. In
addition, the growing government spending on infrastructure
development will also help fuel the market’s growth through the
forecast period.
Calcium
Gluconate Market: Key Players
The
major global key players in this space include: Noah Technologies
Corporation, Aaron Industries, Inc. AKZO Nobel Chemicals Inc,
American Biorganics, Inc, Coyne Chemical, Alfa Aesar, PMP
Fermentation Products, Inc, Glucona America, Inc.
These
companies are staying competitive by developing innovative market,
which include mergers and acquisitions, new product development,
joint ventures, and expansion.
Besides
these large firms, there are also multiple new entrants in this
market.
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