Calcium Gluconate Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LANDON, GREATER LANDON, UK, July 18, 2024 /EINPresswire.com/ -- The global calcium gluconate market has shown robust growth, expanding from $101.97 billion in 2023 to $110.12 billion in 2024, marking a compound annual growth rate (CAGR) of 8%. This growth in recent years can be attributed to economic expansion, increased industrialization, rising adoption of calcium gluconate in functional foods, growing demand for pharmaceuticals and dietary supplements, heightened awareness about calcium deficiency, and supportive regulatory frameworks promoting the use of food additives.
Rising Health Consciousness Drives Market Growth The strong growth trajectory of the calcium gluconate market is expected to continue, with projections reaching $150.62 billion by 2028, growing at a CAGR of 8.1%. Factors fueling this growth include an aging global population, increasing health awareness, expansion in the food and beverage sector, leveraging digital marketing and e-commerce for product promotion, the shift towards natural and organic products, and the emergence of new markets driven by urbanization.
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Key Players and Market InnovationMajor companies in the calcium gluconate market such as Merck & Co. Inc., Thermo Fisher Scientific Inc., Abbott Laboratories, and Novartis AG are actively involved in drug development and innovation to address calcium deficiencies and related health conditions. For instance, Amneal Pharmaceuticals Inc. received FDA approval for its calcium gluconate in sodium chloride injection, enhancing treatment options for acute symptomatic hypocalcemia.
Trends Shaping the MarketInnovations in healthcare research and development are focusing on sustainable sourcing and production methods for calcium gluconate. This includes integrating calcium gluconate into medical treatments and developing customized formulations tailored to specific health needs. Technological advancements in manufacturing processes are also enhancing product efficiency and efficacy.
Market Segments1. Form: Liquid, Tablet, Powder, Gel2. Grade: Pharmaceutical Grade, Food Grade3. Application: Food And Beverage Manufacturers, Pharmaceutical, Nutraceutical, Cosmetic And Personal Care, Other Applications4. End Use: Emulsifier, Bulking Agent, Thickening Agent
Geographical Insights: Europe Leads, Asia-Pacific to Grow RapidlyEurope dominated the calcium gluconate market in 2023, driven by significant adoption across the pharmaceutical and food sectors. Asia-Pacific is poised to emerge as the fastest-growing region during the forecast period, propelled by increasing healthcare expenditure and rising consumer awareness about health and nutrition.
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Calcium Gluconate Global Market Report 2024 from TBRC covers the following information:1. Market size data for the forecast period: Historical and Future2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.The Calcium Gluconate Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on calcium gluconate market size, calcium gluconate market drivers and trends, calcium gluconate market major players, competitors' revenues, market positioning, and market growth across geographies. The calcium gluconate market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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July 18, 2024, 08:46 GMT
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