Calcium Gluconate Market

Calcium Gluconate Market - Overview

The global calcium gluconate market is estimated to rise at a healthy rate from 2021 to 2031 (forecast period). The global calcium gluRequest a sampleconate market is likely to expand due to the rising demand from various end-use sectors, such as the food and beverage and pharmaceutical industries. Moreover, a surge in demand for health supplements as a consequence of growing health-fanatic customers is projected to propel the global calcium gluconate market.

Calcium supplement usage has increased in recent years due to its advantages in treating calcium deficiencies such as hypocalcaemia, hypocalcaemia associated with hyperparathyroidism, and hypocalcaemia tetany.

Calcium Gluconate Market - Competitive Landscape

Leading players in the calcium gluconate market are American Biorganics, Inc, Noah Technologies Corporation, AKZO Nobel Chemicals Inc, Aaron Industries, Inc., Coyne Chemical, PMP Fermentation Products, Inc, Alfa Aesar, and Glucona America, Inc.

These players remain competitive by pursuing innovative market strategies such as new product development, mergers and acquisitions, joint ventures, and expansion.

Calcium Gluconate Market - Trends and Opportunities

One of the primary reasons projected to drive the growth of the calcium gluconate market is the rising incidence of calcium insufficiency among the global population. As per a survey, over 3 million people worldwide are in danger of calcium insufficiency. Hypocalcemia has been associated with a variety of medical causes ranging in intensity from minor symptoms to potentially life-threatening or chronic diseases. These factors are expected to contribute to the global calcium gluconate market growth.

The nutraceutical industry has also boosted the global demand for calcium gluconate. Calcium gluconate is a significant element in the production of several calcium-based health supplements. The University of Westminster opened a unique Centre for Nutraceuticals in Europe in June 2021. It was created with the objective of improving human health and well-being via research and development. The center claims to provide effective health supplements that would help people achieve their objectives. Such aspects are anticipated to increase the sales of calcium gluconate market over the coming years.

The outbreak of COVID-19 had a favorable impact on the global calcium gluconate market. The main health consequences of the current COVID-19 pandemic have primarily appeared as tiredness, dry cough, respiratory distress, and fever. Nevertheless, in April 2020, an instance of severe acute hypocalcemia was reported in an Italian patient with coronavirus infection, sparking a slew of new studies into the role of calcium insufficiency in COVID-19 patients. Hypocalcemia has been found to be a common biochemical aberration in COVID-19 patients, with a significant detrimental influence on infection severity, biochemical inflammation, thrombotic indicators, and mortality.

Considering these findings, the global calcium gluconate market is expected to expand significantly in the coming years since mineral supplement is important in the treatment of hypocalcemia. The high expansion in nutraceutical use during the COVID-19 pandemic is also expected to increase the demand for calcium gluconate. Following COVID-19, consumers' knowledge of health and wellness management will increase, as will the advent of nutraceuticals meant to address illnesses spanning from mental health to metabolic problems to organ failures.

Calcium Gluconate Market - Regional Landscape

The calcium gluconate market in North America is anticipated to develop during the forecast period due to the expanding regional healthcare industry. Moreover, the growing use of medicines to treat rickets and thyroid diseases, as well as the existence of various manufacturers in the region, such as Pfizer Inc. and Johnson & Johnson, are projected to aid the growth of the regional market.

Asia Pacific is likely to contribute to the global calcium gluconate market due to the region's expanding food and beverage industry. Moreover, increasing regional demand for healthy food production as a result of rising health consciousness is expected to fuel market growth.