Calcium Malate Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030
Calcium Malate Market: Introduction
A recent study published by Transparency Market Research on the calcium malate market includes
global industry analysis and opportunity assessment for 2020-2030. The revenue
generated from the global calcium malate market was valued at ~US$ 211.4 Mn
in 2020, which is estimated to rise at a CAGR of 5.6%, to reach
~US$ 360 Mn by 2030.
Evolving Functions of Calcium Malate in Supplements
Bolstering Market Growth
Calcium malate, as a supplement, is useful for various functions, which
include general well-being, immune & digestive health, heart health, weight
management, bone & joint health, and eye health. Calcium and its
supplements are mainly used for bone and joint health, as bones are made of
calcium and with increasing age, they undergo the process of porosis. In the
immune system, calcium is required for signaling during any infection,
inflammation, or an immune response. The deficiency of calcium causes the
problem in vision and therefore, is required for eye health. There are various
ongoing research studies in relation to calcium consumption and weight loss.
For general well-being, calcium is required for hormone production in pregnant
and lactating women, girls in adolescents, and for various other signaling
pathways. Owing to the many functions of calcium in the human body, consumers
are expected to increase their consumption of calcium, thereby supporting the
growth of the calcium malate market during the forecast period.
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Increasing Preference for Prevention Rather than
Cure
Nowadays, people across the globe are consuming more processed food and
therefore, the need for additional dietary supplements such as minerals and
vitamins has increased. Calcium is required for healthy bones, strong teeth,
and various other functions in the body. With growing age, the requirement of
calcium increases and hence, the market for calcium supplements is anticipated
to grow during the forecast period. Manufacturers are focusing on more
efficient source of calcium for developing supplements and its products.
Calcium citrate malate is easily absorbed without being affected by gastric juices.
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Product Offerings
A new innovative product of calcium malate is expected to be introduced
in the market. It is a calcium supplement, which is consumed in different
concentrations at different ages. Therefore, formulations for all age groups
are expected to be introduced in the market during the forecast period.
Manufacturers are anticipated to introduce liquid supplements for infants,
chewable for kids, and powder form for seniors.
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·
In 2018,
Jost chemical Co. launched a new product, which is a calcium magnesium citrate
co-salt approved by the FDA as a new dietary ingredient
·
In 2019,
GSK and Merck KGaA, Darmstadt, Germany jointly announced global alliance to
develop and commercialize M7824, a novel immunotherapy with the potential to
treat multiple difficult cancers
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