Calcium Citrate Malate is Anticipated to Witness High Growth Owing to Wide Applications in Dietary Supplements Industry


Posted June 5, 2024 by ashwinicmi

Calcium citrate malate is a calcium salt derived from malic acid and citric acid, offering better bioavailability than calcium carbonate.
 
It is mainly used in dietary supplements due to its ability to enhance calcium absorption. Calcium citrate malate helps meet daily calcium needs and promotes bone and muscle health. The dietary supplements industry has witnessed increased demand for calcium citrate malate owing to growing health consciousness among consumers and rising cases of osteoporosis globally.

The global calcium citrate malate market is estimated to be valued at US$ 334.08 million in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period of 2024 to 2030.

Key Takeaways

Key players operating in the calcium citrate malate market are Omron Corporation, Texas Instruments Incorporated, ABB Limited, TE Connectivity Inc., Sick AG, Omega Engineering Inc., Bosch Sensortec GmbH, Honeywell International Inc., First Sensor AG, Rockwell Automation Inc., NXP Semiconductors NV, Siemens AG, ams AG, and STMicroelectronics Inc. These players are focusing on new product development and facility expansion to strengthen their market position.

The dietary supplements industry has provided numerous opportunities for calcium citrate malate manufacturers owing to rising nutritional deficiency concerns globally. The increasing prevalence of lifestyle diseases such as osteoporosis has also boosted the demand for calcium citrate malate supplements.

North America dominates the global Calcium Citrate Malate Market Size market currently. However, Asia Pacific is expected to provide potential growth opportunities to market players owing to rising health consciousness and disposable incomes in countries such as China and India. Manufacturers are investing heavily in emerging markets to leverage high growth prospects.

Market drivers: Wide applications of calcium citrate malate in dietary supplements due to its superior bioavailability compared to other calcium salts is the key driver. Growing geriatric population prone to bone diseases like osteoporosis is also augmenting the demand.

Market restraints: High cost of calcium citrate malate compared to other calcium sources can hamper the market growth. Stringent regulations pertaining to the supplements industry also act as a restraint.

Segment Analysis
The dietary supplements segment dominates the calcium citrate malate market since calcium citrate malate is commonly used in dietary supplements to treat calcium deficiency. Calcium citrate malate is absorbed more efficiently than other calcium salts and provides dual benefits of calcium and malic acid. Hence, it is the calcium salt of choice for most dietary supplement formulators and this segment accounts for over 50% of the total market share.

The food and beverage segment is the second largest sub-segment in terms of value share. Calcium citrate malate is added to processed foods like cereals, bakery products, canned foods and functional beverages for fortification purposes. Its stable water solubility and neutral taste make it suitable for various food applications without altering the sensory attributes.

Global Analysis
The North American region currently dominates the global calcium citrate malate market in terms of both value and volume. The high health consciousness and increasing aging population prone to calcium deficiencies in countries like the US and Canada drive significant demand for dietary supplements containing calcium citrate malate.

The Asia Pacific region is expected to be the fastest growing market during the forecast period owing to rising incomes, growing middle class population and development of bone health awareness campaigns across emerging countries of China and India. Furthermore, expanding applications of calcium citrate malate in the food manufacturing industry of Asia Pacific are likely to fuel regional market growth between 2024 and 2030.
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Tags calcium citrate malate market , gastrointestinal side effects , bone mineralization
Last Updated June 5, 2024