The Food Grade Calcium Chloride Market is estimated to be valued at US$ 774.94 Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Food grade calcium chloride is majorly used as a solidifying or firming agent in numerous processed food products. It acts as a humectant and prevents moisture loss in products like fresh meat, baked goods, dairy products, fruits and vegetables. Calcium chloride offers stabilization, texture improvement as well as prolongs the shelf life of the foods. It has high calcium content which helps improve bone health among consumers.
Market key trends:
Rising popularity of ready-to-eat and ready-to-cook foods: Consumers highly prefer easy-to-cook foods owing to hectic lifestyle schedules. Food grade calcium chloride is frequently used as a firming agent in various ready-to-eat and ready-to-cook products including pizzas, canned foods, and packaged meat items. This increasing demand for convenient foods is positively impacting the calcium chloride market growth.
Growing health-conscious population: Consumers are increasingly focusing on maintaining stronger bones and joints. Calcium chloride provides calcium which is important for bone mineralization and density. It is utilized in dairy and bakery products to enhance the calcium content and appeal to health-conscious buyers. This rising health awareness among masses is fueling the demand for calcium chloride.
Porter’s Analysis
Threat of new entrants: The food grade calcium chloride market has moderate barrier for new entrants due to requirement of large capital investment and well established distribution channels of existing players.
Bargaining power of buyers: Buyers have moderate bargaining power owing to availability of substitutes. However, stringent norms and regulations favors established players.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of alternatives and well spread supply chain.
Threat of new substitutes: Threat from substitutes is low as calcium chloride has unique properties as melting point depressant, preservative and firming agent.
Competitive rivalry: Intense competition exists between key players to gain major market share.
SWOT Analysis
Strength: Food grade calcium chloride has wide applications as preservative, melting point depressant and firming agent. It exhibits properties like moisture absorption, freeze point lowering etc.
Weakness: Fluctuating raw material prices can hamper profit margins. Heavy dependence on agriculture industry poses seasonality challenges.
Opportunity: Growing convenience food industry drives demand for food grade calcium chloride as preservative. Expanding application scope in animal feed provides new avenues.
Threats: Stringent norms regarding use of chemical preservatives in foods act as a challenge. Substitute products can threaten market position.
Key Takeaways
The global Food Grade Calcium Chloride Market Growth is expected to witness high growth, exhibiting CAGR of 6.8% over the forecast period, due to increasing demand from food processing industry. Food grade calcium chloride finds wide usage as firming agent, anti-caking agent and preservative in various food products like canned vegetables, fruits and seafood.
Regional analysis: North America dominates the global market and is expected to grow at a CAGR of 5.6% during 2023-2030. This is attributed to robust food processing sector in the US and Canada. Asia Pacific exhibits fastest growth and is estimated to register CAGR of 7.2% over the forecast timeframe. Rising population, growing disposable incomes and shifting dietary patterns in India and China support market growth.
Key players operating in the food grade calcium chloride market are Solvay S.A., Tokuyama Corporation, Occidental Petroleum Corporation, Ward Chemical Ltd., Tata Chemicals Ltd., TETRA Technologies, Inc., Zirax Limited, Weifang Yuze Chemical Co., Ltd., Mey Chern Chemicals Sdn Bhd., Anmol Chemicals Group, TCI Sanmar Chemicals S.A.E., and Weifang Haibin Chemical Co., Ltd. Key players focus on new product development and capacity expansion strategies to gain competitive advantage.
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The 'Global Food Grade Calcium Chloride Market Outlook 2019-2024' offers detailed coverage of food grade calcium chloride industry and presents main market trends.
The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading food grade calcium chloride producers to provide exhaustive coverage of the market for food grade calcium chloride.
The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography.
The global food grade calcium chloride market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., France, Germany, Russia, and others), Asia-Pacific (China, Japan, India, Australia, and others), South America (Brazil, Argentina, and others), and Middle East & Africa (South Africa, Saudi Arabia, and others).
Furthermore, the report also includes an in-depth competitive analysis of the key vendors operating in this market.
Key Regions- North America- Europe- Asia Pacific- Middle East & Africa- South America Download Free Sample Report @ https://www.radiantinsights.com/research/global-food-grade-calcium-chloride-market-outlook-2019-2024/request-sample Key Vendors- Koruma Klor Alkali A.?.- LUXI Group- Nedmag B.V.- Oxy Chemical Corporation- Premier Chemicals Ltd.- Solvay S.A.- Tangshan Sanyou Group Co., Ltd.- TETRA Technologies, Inc.- Zhejiang Dacheng Calcium Co., Ltd.- Zirax Limited- request free sample to get a complete list of companies Key Questions Answered in This Report- Analysis of the food grade calcium chloride market including revenues, future growth, market outlook- Historical data and forecast- Regional analysis including growth estimates- Analyzes the end user markets including growth estimates.- Profiles on food grade calcium chloride vendors including products, sales/revenues, SWOT, and market position, recent developments.- Market structure, market drivers and restraints.
The latest trending report Global Calcium Chloride Food Grade Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Calcium Chloride Food Grade market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Calcium Chloride Food Grade industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Calcium Chloride Food Grade and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29708-calcium-chloride-food-grade-market-analysis-reportThe major players covered in Calcium Chloride Food Grade are:OxyChemZirax LimitedDachengTetra TechnologiesJuhua GroupWard ChemicalKoruma Klor AlkaliCoalescentrumSolvayNedmagShandong HaihuaWeifang Haibin ChemicalPremier ChemicalsTangshan SanyouBy Type, Calcium Chloride Food Grade market has been segmented into:Calcium Chloride DihydrateCalcium Chloride AnhydrousBy Application, Calcium Chloride Food Grade has been segmented into:Beverage & BeerFood ProcessingFood PreserveOthersThe report offers in-depth assessment of the growth and other aspects of the Calcium Chloride Food Grade market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Calcium Chloride Food Grade Market @ https://www.decisiondatabases.com/contact/download-sample-29708The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Calcium Chloride Food Grade product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Calcium Chloride Food Grade, with price, sales, revenue and global market share of Calcium Chloride Food Grade in 2018 and 2019.Chapter 3, the Calcium Chloride Food Grade competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Calcium Chloride Food Grade breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Calcium Chloride Food Grade market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Calcium Chloride Food Grade sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Calcium Chloride Food Grade Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29708Other Reports by DecisionDatabases.com:Global Sodium Bicarbonate Food Grade Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Food-Grade Phosphate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Food Grade Pullulan Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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