Calcium Lactate Market Dynamic Revenue 2020, Business Forecast, Global Analysis by Size, Key Trends, Comprehensive Analysis by Top Leader And Industry Forecast by 2027
Global Calcium Lactate Market – Insights
Calcium lactate is a salt that is used in prevention and treatment of calcium deficiencies such osteoporosis, osteomalacia/rickets, hypoparathyroidism, and latent tetany. It is also used as a firming agent, flavoring agent, leavening agent, stabilizer, and thickener. Calcium lactate acts as a source of calcium and is found in daily dietary supplements. Calcium lactate is obtained from neutralization of lactic acid with calcium carbonate or calcium hydroxide. According to the U.S. Food and Drugs Administration (FDA), calcium lactate can be used in food, except in infant foods and infant formulas, at levels not to exceed current good manufacturing practice. Calcium supplements in the form of gluconate, lactate, or phosphate can be used to strengthen bones.
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The global calcium lactate market is expected to register a significant CAGR of 1.7% in terms of value over the forecast period (2019 – 2027).
Global Calcium Lactate Market: Drivers
High incidence of calcium deficiency and related disorders is expected to propel growth of the global calcium lactate market. For instance, according to the International Osteoporosis Foundation, over 200 million people worldwide suffer from osteoporosis. Moreover, increasing geriatric population is also expected to aid in growth of the market as this population group suffers from calcium deficiency.
Calcium lactate, along with glucose and casein peptone, is used to prepare antioxidant peptides that eradicate free radicals in the human body without harmful effects. It can also be used with urea as a self-healing agent in repairing of cracks in cementitious materials. For instance, a team of researchers from Korea Advanced Institute of Science and Technology used urea–calcium lactate medium to produce CaCO3, which was later used to develop ureolytic/non-ureolytic bacteria co-cultured self-healing agent for repairing cracks in cementitious materials. Such benefits can propel the demand for calcium lactate in the pharmaceuticals and construction sector, which is expected to boost growth of the market.
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Global Calcium Lactate Market: Restraints
High consumption of calcium lactate or any other calcium supplement may cause kidney stones, prostate cancer, constipation, calcium buildup in blood vessels, and difficulty absorbing iron and zinc. For inatance, according to the paper ‘Calcium and Calcium Salts’, published in the Journal of The Association of Physicians of India in February 2017, calcium supplements are generally well tolerated; however, some patients complain of gastrointestinal symptoms, including constipation, gas, flatulence, and bloating. Such scenario is expected to hinder market growth over the forecast period.
Global Calcium Lactate Market: Regional Analysis
On the basis of region, the global calcium lactate market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected to witness the fastest growth in the global calcium lactate market over the forecast period. This is owing to growing pharmaceutical and food processing industries in the region. China and India are the major growth engines in the market.
High presence of major pharmaceutical companies such as Pfizer and Johnson & Johnsons is expected to boost growth of the market in North America.
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Global Calcium Lactate Market: Competitive Landscape
Major players operating in the global calcium lactate market include, Alfa Chemical Corporation, Wego Chemicals & Minerals Corp., Haviland Enterprises, Inc., and Action Labs Inc.About Us:
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