Food Grade Calcium Chloride Market
Food grade calcium chloride market is estimated to be valued at USD 989.3 Mn in 2024, exhibiting a CAGR of 6.1% over the forecast period (2024-2031). Food grade calcium chloride is an inorganic salt that is widely used as a firming agent in the food industry. It is often added to processed foods, baked goods and canned vegetables to enhance texture and prevent spoilage. Calcium chloride contributes calcium ions that help improve the strength and integrity of cell walls in plants. It binds water more tightly than sodium chloride, allowing food producers to reduce the sodium content without compromising texture and shelf life. As consumers become increasingly health conscious and demand for low-sodium food options rises, there will be demand for calcium chloride as a functional food additive in the future.
Market Dynamics
Food grade calcium chloride market growth is primarily driven by growing demand from the processed food industry. Food processing companies extensively use calcium chloride as a stabilizer, thickener and firming agent. Its usage helps extend shelf life without adding sodium. The market has also witnessed opportunities, owing to increasing consumption of ready-to-eat meals, packaged snacks and convenience foods globally. Calcium chloride improved texture and stability in canned vegetables, fruits, meat products and baked goods. However, stringent regulations regarding the usage of minerals in food products can hamper the market growth. Availability of alternative food preservatives limits the demand for calcium chloride.
Key features of the study
- This report provides in-depth analysis of the global food grade calcium chloride market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global food grade calcium chloride market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 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., Weifang Haibin Chemical Co., Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global food grade calcium chloride market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food grade calcium chloride market
Market Segmentation
Table of Contents
* Browse 50 market data tables* and 40 figures* on “Food Grade Calcium Chloride Market” – Global forecast to 2031.
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