The global calcium gluconate market was valued at US$703.846 million in 2021.

NOIDA, UTTAR PRADESH, INDIA, October 18, 2023 /EINPresswire.com/ -- According to a new study published by Knowledge Sourcing Intelligence, forecasted between 2021 and 2028, the global calcium gluconate market was valued at US$703.846 million in 2021 and is anticipated to propel significantly over the coming years.

Calcium gluconate is a vital mineral supplement that is used in managing hypocalcemia, for improving food quality, and as a calcium fortification agent in various products. The market's expansion is fueled by increasing awareness of its health benefits, particularly in the pharmaceutical and dietary supplements.

Several pivotal factors are propelling the growth of the worldwide calcium gluconate market. There is an increased use of nutritional supplements to address calcium deficiencies, such as hypocalcemia, which has led to a growing demand for calcium gluconate supplements. Moreover, the rising prevalence of conditions like osteoporosis, where calcium supplementation is crucial, is propelling market growth. Furthermore, key players in the industry are focusing on investments and collaborations to enhance their product portfolios and expand in markets thereby contributing to the overall growth of the global calcium gluconate market.

The global calcium gluconate market has witnessed significant developments, highlighting its growing importance. For instance, in September 2023, Amneal Pharmaceuticals recently received U.S. FDA approval for calcium gluconate in sodium chloride injection, addressing the critical issue of calcium gluconate shortage. This approval, with Competitive Generic Therapy (CGT) designation and 180-day exclusivity, reflects the commitment to meeting immediate patient needs for essential medicines and addressing long-term market shortages. In April 2022, Fresenius Kabi USA introduced two new premixes of “Calcium Gluconate freeflex”, (calcium gluconate in sodium chloride injection) to cater to the booming demand for ready-to-administer medicines in the US. These developments underscore the industry's dedication to ensuring a stable supply of calcium gluconate to cater to the needs of healthcare providers and patients.

Access sample report or view details: https://www.knowledge-sourcing.com/report/global-calcium-gluconate-market

The global calcium gluconate market, based on application, is segmented into four main categories namely food and beverage, pharmaceuticals, personal care products, and animal feed.

North America is a significant market in the global calcium gluconate market. The primary driving force behind the regional market growth is the burgeoning local healthcare sector, the production of medications for treating thyroid problems and rickets, as well as the presence of several prominent manufacturers in the region, such as Johnson & Johnson and Pfizer Inc. Conversely, in the Asia-Pacific region, the market is expected to witness the most substantial growth throughout the forecast period, largely due to the expanding regional food and beverage sector. Moreover, the growing health awareness has led to increased demand for nutrient-dense foods in Asia Pacific thereby driving the market demand for calcium gluconate in the region.

As part of the competitive intelligence section of the study, the major players operating in the calcium gluconate market have been covered and analyzed. These include Akzo Nobel N.V., Spectrum Chemical Manufacturing Corp., Alfa Aesar, Westco Chemicals Inc., Noah Technologies Corporation, and Glucona America, Inc. among others.

The market analytics report segments the calcium gluconate market as follows:

• By Application

o Food & Beverage
o Pharmaceuticals
o Personal care products
o Animal feed

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• Saudi Arabia
• UAE
• Israel
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others

Companies Profiled:

• Akzo Nobel N.V.
• Spectrum Chemical Manufacturing Corp.
• Alfa Aesar
• Westco Chemicals Inc.
• Noah Technologies Corporation
• Glucona America, Inc.
• *List is not exhaustive

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Ankit Mishra
Knowledge Sourcing Intelligence
+1 850-250-1698
info@knowledge-sourcing.com
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