February 25, 2024

Shifting Preference Towards Naturally Sourced And Clean Label Food Ingredients fueling the growth of Calcium Lactate Market

It is used as acidity regulator, buffering agent, and pH control agent in variety of food products like bakery, beverages, confectionery and dairy products. Calcium lactate helps manufacturers to fortify their products with calcium while maintaining taste and texture.

Market Overview:

Calcium lactate is extensively used as food ingredient in wide range of applications. It acts as both calcium supplement as well as pH control agent. Food manufacturers are using calcium lactate to meet increasing demand for fortified food products.

Market key trends:

One of the major trend in global calcium lactate market is shifting preference towards naturally sourced and clean label food ingredients. With growing health consciousness, consumers are demanding food products with natural ingredients. This has spurred the demand for calcium lactate as a clean label alternative to other synthetic acidulants and buffers. Calcium lactate derived from plant-based sources like milk is regarded as natural solution for pH control and calcium fortification. Food companies are aggressively marketing their products with natural calcium lactate to satisfy evolving consumer preferences.

Segment Analysis
The global calcium lactate market is dominated by the calcium lactate grade D-95 segment, which accounts for over 35% of the total market share. Calcium lactate grade D-95 finds widespread applications in food & beverage industry as a firming agent and preservative. It helps lengthen the shelf life of packaged foods without affecting the taste or quality. The usage of calcium lactate grade D-95 is increasing in processed meat, baked goods and dairy products due to its advantages.

The global Calcium Lactate Market Demand is estimated to be valued at US$ 1725 Mn in 2023 and is expected to exhibit a CAGR of 2.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways
The global calcium lactate market is expected to witness high growth, exhibiting CAGR of 2.5% over the forecast period, due to increasing demand from food & beverage industry.

Regional analysis:
North America dominates the global calcium lactate market with over 30% share driven by rising consumption of processed foods. Asia Pacific exhibits the fastest growth led by countries like India and China owing to growing food processing industry.

Key players:
Key players operating in the calcium lactate market include Cargill Incorporation, Jost Chemical Co., Corbion, Henan Jindan Lactic Acid Technology Co Ltd., and Shenzhen Esun Industrial Co., Ltd.

Accion S.A., Nutrena, Tyson Food Inc., Anheuser-Busch InBev NV, Land O’Lakes Inc., Provimi, and Shaanxi Sciphar Hi-Tech Industry Co. are other prominent players in the market.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it