June 12, 2024
Food Grade Calcium Chloride Market

Food Grade Calcium Chloride Market to Witness Substantial Growth Owing to Rising Demand from Food Processing Industry

Food grade calcium chloride is primarily used as a firming agent in the food processing industry. Some of the key applications of calcium chloride in the food processing industry include moisture control and firming of fruits and vegetables, leavening agent in baked goods, calcium fortification, tenderization, etc. The growing processed food industry has led to a surge in demand for food additives and processing aids like calcium chloride over the past few years.

The global food grade calcium chloride market is estimated to be valued at US$ 892.74 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the food grade calcium chloride market are Saint-Gobain, Kingspan, Rockwool, BASF, Johns Manville, Knauf Insulation, Owens Corning, Paroc, Dow Building Solutions, GAF Materials. Saint-Gobain and Dow Building Solutions are among the largest manufacturers and suppliers of food grade calcium chloride globally.

The growing demand from the processed food industry offers lucrative growth opportunities for players in the food grade calcium chloride market. Manufacturers are focusing on expanding their production capacities and distribution networks to cater to the rising needs of the food processors. The market is also witnessing increased adoption of calcium chloride as a texture stabilizer and antimicrobial agent in convenience foods, dairy products, bakery items, etc.

The growing international trade of processed food products is driving the global expansion of the food grade calcium chloride market. Major players are focusing on strengthening their presence across Asia Pacific and Latin American countries where the processed food industry is growing rapidly. Partnerships with leading food companies and private label brands are helping manufacturers improve foreign market access.

Market drivers

The rising demand from the food processing industry remains the major growth driver for food grade calcium chloride market. Particularly, the surging demand from convenience food producers for firming agents and texture stabilizers has driven significant volume gains for calcium chloride over the past decade. The growth in international food trade and expansion of global food brands into emerging markets has further boosted market growth. Strong focus on R&D activities to discover new applications of calcium chloride in food formulations is also supporting the market expansion.

PEST Analysis
Political: Food Grade Calcium Chloride Market Demand is regulated by food safety standards set by regulatory bodies like FDA in USA and EFSA in Europe. These regulate purity level and use of calcium chloride as a processing aid.

Economic: Global food processing industry has been growing steadily increasing demand for food additives like calcium chloride. However, higher prices of agricultural produce impact profitability of food manufacturers.

Social: Rising health consciousness among consumers is increasing demand for naturally sourced and clean label food products. However, negative publicity around use of certain chemicals also impacts social acceptance of calcium chloride.

Technological: Development of new production techniques help manufacturers reduce costs and improve purity levels of calcium chloride. Automation in processing and packaging aids mass production.

Geographical regions with high market concentration

The North America and Europe region accounts for around 60% of the global food gradecalcium chloride market in terms of value owing to stringent food safety regulations and established food processing industry in countries like US, Germany, UK etc. Asia Pacific is also a major market led by countries like China, India with their large population and growing food processing sector.

Fastest growing region
Asia Pacific region is forecasted to be the fastest growing market for food grade calcium chloride during the forecast period. This is attributed to rising incomes, growing middle class, westernization of diets and expansion of organized retail in developing countries of the region such as India and China which are boosting their domestic food processing industry and demand for additives like calcium chloride.

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