Calcium gluconate is a mineral supplement used to treat or prevent calcium deficiencies and to manage conditions such as hypocalcemia, osteoporosis, and certain muscle spasms. It works by replenishing calcium stores in the body, aiding in bone strength and muscle function. This is often administered intravenously or orally to restore normal calcium levels in the blood.
Sizing and Forecast
The calcium gluconate market size has grown strongly in recent years. It will grow from $101.97 billion in 2023 to $110.12 billion in 2024 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to economic growth and industrialization, increased adoption of calcium gluconate in functional foods, increasing demand for pharmaceuticals and dietary supplements, growing awareness about calcium deficiency, and regulatory support for food additives.
The calcium gluconate market size is expected to see strong growth in the next few years. It will grow to $150.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to an aging population and rising health consciousness, expansion of the food and beverage industry, digital marketing and e-commerce for product promotion, shift toward natural and organic products and emerging markets, and urbanization. Major trends in the forecast period include research and development in healthcare focusing on sustainable sourcing and production, the integration of calcium gluconate in medical treatments, customized formulations for specific health needs, and technological advancements in manufacturing processes.
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Segmentation & Regional Insights
The calcium gluconate market covered in this report is segmented –
1) By Form: Liquid, Tablet, Powder, Gel
2) By Grade: Pharmaceutical Grade, Food Grade
3) By Application: Food And Beverage Manufacturers, Pharmaceutical, Nutraceutical, Cosmetic And Personal Care, Other Applications
4) By End Use: Emulsifier, Bulking Agent, Thickening Agent
Europe was the largest region in the calcium gluconate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium gluconate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing incidence of osteoporosis is expected to propel the growth of the calcium gluconate market going forward. Osteoporosis is a medical condition characterized by weakened bones due to bone density and strength loss. The cases of osteoporosis are due to sedentary lifestyles, inadequate calcium intake, hormonal changes, and certain medical conditions or medications. Calcium gluconate is utilized in osteoporosis management to supplement dietary calcium intake and support bone health. For instance, in December 2023, according to the Australian Institute of Health and Welfare (AIHW), an Australia-based government agency, osteoporosis contributed to 2,366 deaths, with a mortality rate of 6.5 deaths per 100,000 people, representing 1.4% of all deaths in 2022. Furthermore, there were 9,500 hospitalizations with a principal diagnosis of osteoporosis in 2021–22, translating to 89 hospitalizations per 100,000 population for individuals aged 45 and over. Therefore, the increasing incidence of osteoporosis is driving the growth of the calcium gluconate market.
Key Industry Players
Major companies operating in the calcium gluconate market are Merck & Co. Inc., Thermo Fisher Scientific Inc., Abbott Laboratories, Novartis AG, Eli Lilly and Company, Solvay, Viatris Inc., Baxter International Inc., Fresenius Kabi USA, Hikma Pharmaceuticals Inc., Amneal Pharmaceuticals Private Limited, Amphastar Pharmaceuticals, Jost Chemical Co., American Regent Inc., Coyne Chemical, Anhui Xingzhou Medicine Food Co. Ltd., Westco Chemicals Inc., Noah chemicals, ND Biotech Pvt Ltd, Global Calcium Private Limited, Foodchem, Pharma Cure Laboratories, Nivagen Pharmaceuticals Inc., Tianyi Food Additives Co. Ltd
The calcium gluconate market report table of contents includes:
1. Executive Summary
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32. Global Calcium Gluconate Market Competitive Benchmarking
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