The global consumption of Calcium Citrate Malate Market has been growing at a healthy pace and is expected to account for a promising CAGR of over 5% during 2019-2027-MAZZ Home
San Jose, CA â The global demand for Calcium Citrate Malate accounted for revenues roughly equating US$ 230 Mn in 2019. A new XploreMR (XMR) study envisages robust growth outlook for the Calcium Citrate Malate market, in the light of staggering growth in the nutraceutical production
With reference to the latest market forecast report published by XploreMR, titled, ‘Calcium Citrate Malate Market: Global Industry Analysis and Opportunity Assessment 2019-2027′, revenue generated from the global calcium citrate malate (CCM) market has been estimated to be valued at over US$ 230 Mn by the end of 2019.
Calcium citrate malate is a calcium salt of malic acid and citric acid and is a highly bioavailable supplement of calcium. It is a water-soluble compound and its method of dissolution stem for its bioavailability. When the calcium citrate malate is dissolved in water it releases calcium ions and a calcium citrate complex. The calcium ions are easily absorbed into intestinal cells and the calcium citrate complex enters the body through paracellular absorption. With the increasing use of calcium supplements, the market will have significant growth during the forecast period.
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Calcium Citrate Malate Tablets and Sift Gel Remain Sought-after
Based on the market analysis by form, the global calcium citrate malate market is segmented into soft gels, capsules, tablet, liquid and powderand granules, of which, tablets account for more than 30% of the total market share, followed by soft gels. On the basis of end user, the global calcium citrate malate market is segmented into food and beverages, pharmaceutical, nutraceutical, and animal feed. Nutraceuticals are currently leading the way with over 40% of the global market value share.
According to the report, the pharmaceutical industry is anticipated to create lucrative growth opportunities for CCM manufacturers. Based on function, the global calcium citrate malate market is segmented into general well-being, weight management, immune and digestive health, bone and joint health, heart health, eye health, and other indications.
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High Demand for Calcium Citrate Malate Expected in Pharma and Pet Food and Feed Industries
Calcium citrate malate is expected to witness proliferating demand over the forecast year, particularly in the North American region. The market for calcium citrate malate in North America currently accounts for more than 25% share of the global market value. Increasing consumption of nutraceutical supplements by North American consumers is highly likely to lead to steady revenue growth of the calcium citrate malate market. Besides, increasing application of calcium in drug manufacturing and pet food and feed industry will remain important factors boosting demand for calcium citrate malate in this region.
Japan and Asia Pacific are estimated to offer maximum growth prospects to the calcium citrate malate market through 2027, according to the study. In addition to rapidly increasing population, these regional markets are driven by increasing use of supplements against rising health concerns. With the growing demand for supplements due to increasing consumption of processed and ready to eat foods are the few driving factors for the MEA region of calcium citrate malate market, as indicated by the report.
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Calcium Citrate Malate Market: Competitive Assessment
XploreMR has outlined the most important companies in the global calcium citrate malate market, such Panvo Organics Pvt Ltd., Galxo Smith Kline Plc., Dr. Paul Lohmann GmbH KG, Abbott Laboratories, Posy Pharmachem Pvt. Ltd., NutraBio Labs, Inc., Jost Chemical Co., Akesiss Pharma Pvt Ltd., Medicis Life Sciences Pvt. Ltd., Micro Labs Ltd., Zydus Cadila Healthcare Ltd., Phoenix Pharmaceuticals, FDC Limite, and Klaire Labs.
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XploreMR, a leading market research firm, specializes in identifying opportunities in the healthcare, and food and beverage ecosystem. Headquartered in San Jose, USA, XploreMR has, in a short span of time, served the market research needs of some of the biggest Fortune 500 companies. XploreMR also has highly personalized market research offerings for SMEs, and we pride ourselves on being uniquely positioned to have worked with colossal multinational firms and small, boutique firms. Our experience of working with such a diverse set from all over the world has given us invaluable perspectives on objectives, outlooks, goals, and eventually, the collective, symbiotic growth that stakeholders across the value chain aspire for. We keep these perspectives and aspirations in mind every time we work on a project, and this motivates us to exceed client expectations on a consistent basis.
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