Steady demand for calcium acetate continues to arise from various end-use industries such as food & beverages, pharmaceuticals, textiles, agriculture and petroleum. Global calcium acetate market is poised for modest growth at approximately 3% CAGR through the duration of projection period (2019-2029). Moreover, manufacturers are focused on undertaking growth-oriented strategies for long-term competitive ascendancy.
Use of Calcium Acetate as Phosphate-binder to Drive Global Calcium Acetate Market
Role of calcium acetate in treating hypophosphatemia has emerged as a crucial pharmaceutical application. Patients suffering from kidney diseases are given oral prescriptions of calcium acetate while they are on dialysis. Calcium acetate significantly reduces the risk of stroke or heart disease by eliminating unsafe build-up of phosphate in the human body.
Key Takeaways of Calcium Acetate Market Study
- Role of calcium acetate in food preservation is projected to facilitate the overall market growth through the forecast period.
- Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
- Accelerating R&D activities for diversifying end-use applications is contributing to calcium acetate market growth.
- Gains in calcium acetate market will be concentrated in Asia Pacific and North America.
- Availability of alternatives would hinder the growth of calcium acetate market in the foreseeable future.
- Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.
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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market
Owing to established end-use industries of calcium acetate, Europe will continue to capture majority share through the forecast period. Higher income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying the applications.
Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for substantial market share through 2029.
Leading Players Undertake Expansion Activities to Solidify their Place in Global Market
The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include, but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.
Prominent companies must channel their efforts towards broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand foothold in emerging countries, they must opt for capacity expansion strategy.
More about the Report
FMI’s study offers an in-depth market forecast and analysis on the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America and North America).
Calcium Acetate Industry Leaders to Focus their Efforts on Capacity Expansion through 2029
Key players in the consolidated calcium acetate market include, Alemark, Merck Millipore, GFS Chemicals, Richman Chemical, Allan Chemical Corp., Avantor Performance Materials, AVA Chemical PVT. LTD., and Hawaii Chemicals & Scientific. Leading players are leveraging economies of scale for sustained competitive advantage.
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Calcium Acetate Market: Segmentation
The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Function
- Texturizer
- Stabilizer
- Thickener
- Firming Agent
Application
- Pharmaceuticals
- Agriculture
- Food and Beverages
- Pet Food
Region
- North America
- Latin America
- Europe
- MEA
- Asia Pacific
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Function Innovation / Development Trends
4. Key Success Factors
To be continued…!
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.
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