Calcium Glycerophosphate Market size is poised to cross USD 101.2 Million by the end of 2033, growing at a CAGR of 4% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of calcium glycerophosphate was over USD 65.7 Million. The growth of the market can be attributed primarily to the widespread consumption of soft drinks and beverages containing low pH levels which requires a higher amount of glycerophosphate to remove harmful properties from the liquid. For instance, a wide range of ready-to-drink (RTD) products, such as Cold Brew Coffee (which has a pH level of 5), have grown by 20% in 2017 and by 2022, the growth is expected to increase to 68% of all such products introduced.
Calcium glycerophosphate is a fine and white powder composed of calcium salts of glycerophosphoric acid. In addition to serving as a protective agent against tooth decay, it is also used to neutralize acidic foods after being consumed. Furthermore, the increasing expenditure on consumer products coupled with the rise in per capita income is expected to fuel the global calcium glycerophosphate market growth during the forecast period. It was observed that, in January 2022, spending on consumer goods in the United States increased from approximately 7.5, compared to a decline of around 6.5% in December 2021.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
4% |
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Base Year Market Size (2022) |
USD 65.7 Million |
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Forecast Year Market Size (2033) |
USD 101.2 Million |
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Regional Scope |
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Application (Pharmaceutical, Food & Beverage)
The global calcium glycerophosphate market is segmented and analyzed for demand and supply by application into pharmaceutical, and food & beverage. Among these segments, the pharmaceutical segment captured the largest market share by 66% in the year 2022 backed by the extensive use of calcium glycerophosphate in the manufacturing of pharmaceutical medications such as treating IBS, heartburn, and gastrointestinal problems. Furthermore, the increasing exports of oral and dental hygiene products and production in pharma industries are expected to drive segment growth over the forecast period. Statistics provided by the International Trade Center (Trademap) indicate that in 2021, the global export value of oral and dental hygiene products in the United States was USD 1,872,494 thousand, an increase of USD 1,651,373 thousand from the previous year.
Our in-depth analysis of the global calcium glycerophosphate market includes the following segments:
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By Product Type |
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By Application |
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Asia Pacific Market Forecast
The Asia Pacific calcium glycerophosphate market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of market can be ascribed to the growing awareness among the population of the importance of dental cleanliness and general oral health coupled with an increase in dental care visits is expected to drive the regional market growth during the forecast period. Furthermore, the adoption of innovative dental care products and rising disposable income are projected to drive calcium glycerophosphate market growth in Asia Pacific during the forecast period.
Isaltis Inc. announced that it Macco Organiques Canada, which specializes in mineral salts for the food and pharmaceutical markets, with calcium and magnesium chlorides of pharmaceutical grade as its main products has taken control of Isaltis to create a global leader in high purity mineral salts.
Seppic SA has entered into a partnership agreement with Bioactor B.V. This strategic agreement will not only expand the portfolio of Seppic Inc., but also address major trends in the dietary supplements sector, such as beauty, vitality, mood, memory, sport nutrition, bone and gut health.
Author Credits: Smruti Ranjan, Rajrani Baghel
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