Increasing demand for Calcium Salt of Gluconic Acid in various end-use industries including food beverage, personal care, and agriculture industries is expected to drive market growth

Calcium Salt of Gluconic Acid Market Size – USD 1.2 Billion in 2020, Growth - CAGR of 5.2%, Trends – Stringent government regulations to ensure the safety of consumer products

The global Calcium Salt of Gluconic Acid market size is expected to reach USD 1.8 billion in 2028 and register a revenue CAGR of 5.2% over the forecast period, according to the latest report by Reports and Data. Among the key factors driving market revenue growth are increasing applications of Calcium Salt of Gluconic Acid in the food beverage, personal care, pharmaceutical, and agriculture industries. Calcium Salt of Gluconic Acid is a non-toxic, non-corrosive organic acid with high solubility in water and a mild and refreshing taste. It has higher pH levels compared to other commonly used chelators. Calcium Salt of Gluconic Acid is chemically produced through the oxidization of glucose, however, the substance is also naturally present in honey, wine, and various fruits. 

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Top Companies: PMP Fermentation Products, Shandong Xinhong Pharmaceutical Industry Limited Company, Xingzhou Medicine Food, Kaison Biochemical, Roquette, Shandong Fuyang Biotechnology, Ferro Chem Industries, Tianyi Food Additives, Shandong Xiwang Sugar Industry Co., Jungbunzlauer, Ruibang Laboratories, and Gress Chemicals.

Further Key Finding from the Report Suggestion:

• Based on type, the calcium salt of Calcium Salt of Gluconic Acid segment is expected to dominate other segments over the forecast period in terms of revenue growth rate. Key factors driving the growth of this segment include increasing usage of calcium salts of Calcium Salt of Gluconic Acid in intravenous medications for treatment of calcium deficiency conditions including hypocalcaemia and hypocalcemic tetany.
• Among the application segments, the food beverage segment accounted for the highest revenue share in the global Calcium Salt of Gluconic Acid market in 2020. The segment is projected to register a steady revenue growth rate during the forecast period, owing to factors such as increasing use of Calcium Salt of Gluconic Acid derivatives such as sodium gluconate in a variety of food and beverage products. Calcium Salt of Gluconic Acid is widely used in food items as a pickling, curing, leavening, flavoring, and pH control agent.
• Among the regional markets, the Asia Pacific Calcium Salt of Gluconic Acid market is expected to display the highest revenue growth rate over the forecast period due to several favorable factors. Increasing number of Calcium Salt of Gluconic Acid manufacturing facilities in the region, escalating demand for Calcium Salt of Gluconic Acid and its derivatives in the food beverage, personal care cosmetics, and pharmaceutical industries, and stringent government regulations regarding product safety norms, particularly in countries including India, Japan, and China, are the major factors driving the Asia Pacific market growth.

Market Overview:

Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.

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The global Calcium Salt of Gluconic Acid Market is segmented into:

Type Outlook (Revenue, USD Billion; 2018-2028)

• Glu Calcium Salt of Gluconic Acid
• Glucono Delta Lactone
• Sodium Salt of Calcium Salt of Gluconic Acid
• Calcium Salt of Calcium Salt of Gluconic Acid
• Others

Application Outlook (Revenue, USD Billion; 2018-2028)

• Food Beverage
• Pharmaceuticals
• Chemicals
• Agriculture
• Others

Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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