The rising frequency of calcium insufficiency and associated disorders is likely to drive the calcium lactate market forward. According to the International Osteoporosis Foundation, osteoporosis affects approximately 200 million individuals globally. The growing geriatric population is also predicted to boost market size over the forecast period. Calcium insufficiency can occur in people over the age of 65. To strengthen bones, calcium supplements such as gluconate, lactate, or phosphate can be utilised. However, excessive usage of calcium lactate or any calcium supplement may cause kidney stones, an increased risk of prostate cancer, constipation, calcium accumulation in blood vessels, and problems absorbing iron and zinc.
The global Calcium Lactate Market is predicted to grow in the future, with a high CAGR of 1.7% in terms of value over the forecast period (2019-2027).
Major Players in the Calcium Lactate Industry:
1. Alfa Chemical Corporation: Chemical distributor to the oil and gas, mining, water treatment, and aquaculture industries. The company provides a full spectrum of cleansers and disinfectants, as well as logistic, laboratory, shipping, and custom blending services, offering chemical solutions while safeguarding people, the environment, and the community. Founded 1993. The headquarters are in Nova Scotia, Canada.ALFA has announced that its subsidiary Alpek has reached a deal with Lotte Chemical Corporation to purchase a 100% share in Lotte Chemical UK, which owns and manages a 350,000-tonne-per-year PET facility in Teesside.
2. Wego Chemicals & Minerals Corp.: Creator of a travel search platform for finding cheap flights, hotels, and travel offers. The company's platform uses powerful yet simple-to-use technology to automate the process of searching and comparing results across hundreds of airlines, hotels, and online travel agencies. It also provides an unbiased comparison of all travel products and prices offered by local and global merchants, allowing shoppers to quickly find the best deal and place to book. Founded 2005. Singapore is the headquarters.
3. Haviland Enterprises, Inc.: Landscape management services provider situated in California, USA. Landscape design, water resource management, plant health care, and budget forecasting are all services offered by the organisation. Founded 1985. Headquarters are in the United States. Meg Post has been appointed President and CEO of Haviland Enterprises Inc., a worldwide recognised manufacturer and distributor of specialty and commodity chemistry headquartered in Grand Rapids, Michigan, following her advancement to President in the fall of 2021.
4. Action Labs Inc.: Manufacturer of men's and women's speciality supplements, as well as diet and energy items. Founded 1989. Headquarters are in the United States.
Definition: Calcium lactate is a food additive that’s typically added to a wide variety of foods to enhance their texture and flavor or help extend their shelf life.
