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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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.
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.
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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