FOOD GRADE CALCIUM CHLORIDE MARKET ANALYSIS

Key Takeaways from Analyst

The market is expected to witness growth over the forecast period due to its increased demand from various food applications. Calcium chloride is widely used as a firming agent in canned vegetables and fruits to prevent sogginess. Growing canned and packaged food industry can lead to higher consumption of food grade calcium chloride. Expanding meat processing industry can also drive the market growth as calcium chloride helps reduce ooze in packaged meats.

Europe currently dominates the food grade calcium chloride market, owing to strong demand from food processors in the region. North America is projected to be the fastest growing market due to increasing meat exports from China and India. However, stringent regulations pertaining to content of chloride-based additives can hamper the market growth. Alternative products such as calcium lactate and gluconate also pose competition.

Key players could focus on expanding their production capacities in emerging countries to benefit from rising demand. Promoting the several benefits of calcium chloride as a food additive can gain more customers. Food processors should be targeted with marketing initiatives highlighting its functionality and cost-effectiveness. New product launches catering to specific application segments present lucrative opportunities for manufacturers. Rising demand for packaged and processed food worldwide will drive steady market growth over the next decade.