Food Grade Calcium Chloride Market Can Witness Growth, Owing to Rising Application in Food Industry and Growing Consumption of Packaged Food
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). The market growth is driven by increasing usage of calcium chloride as a firming agent and coagulant aid in food production. Rising demand for packaged and processed food due to changing dietary habits and busy lifestyle of people has boosted consumption of food grade calcium chloride.
Market Dynamics
Rising application of calcium chloride as a firming agent in food production can drive the food grade calcium chloride market growth. Calcium chloride is commonly used as a firming agent in canned vegetables and fruits to retain their texture and prevent softening during processing and storage. It regulates the calcium content which helps maintain the firmness of produce without compromising the quality. Calcium chloride also aids in coagulation of proteins, and is used in production of cheese, eggs, meat products and tofu, which drives the market growth. Growth in packaged and convenience food industry has also fueled the consumption of food grade calcium chloride as a processing aid and preservative over the forecast period.
Increased Demand from Food Industries Drives Market Growth
Food grade calcium chloride market can witness growth due to rising demand from various food industries such as meat processing, dairy products and baked goods. Calcium chloride is widely used as a processing aid, coagulant and firming agent in these industries. It improves the texture, taste and shelf life of many food products. The meat processing industry utilizes calcium chloride to improve water binding and tenderness of meat. In dairy products like cheese, it helps in coagulation of casein proteins and provides a crispy texture. Many bakery products use calcium chloride as a firming agent to maintain moistness and freshness for longer duration. With growing population and changing dietary patterns, there will be huge demand for processed and packaged food across the world. This boosts demand for food grade calcium chloride.
Increased Demand from De-Icing Industry Acts as Key Driver
Food grade calcium chloride market growth is driven by rising usage in de-icing applications. Calcium chloride based de-icers are widely adopted at airports, highways and streets during winters for preventing ice formation. It is cost effective and has better ice melting capabilities compared to sodium chloride. With increasing incidences of extreme weather conditions, there will be huge demand for effective de-icing solutions. The commercial airports require huge quantities of de-icers for maintaining smooth operations during winters. The construction of new airports and expansion of existing facilities can drive the market growth in the future.
Stringent Regulations Regarding Use of Chemical Additives Pose Restraints
Key challenges faced by food grade calcium chloride market include stringent regulations imposed by food safety agencies regarding use of chemical additives in food products. Excessive intake of calcium chloride can cause adverse health issues like gastrointestinal discomfort and dehydration. Many countries have banned or restricted its application in certain food types. The manufacturers have to obtain various certifications and approvals before selling their products. This regulatory burden adds to their production costs. Moreover, consumers are increasingly demanding clean label and organic products made from natural ingredients. This trend can hamper the demand for calcium chloride in certain food types.
Price Volatility of Raw Materials Acts as Restraining Factor
Price volatility of raw materials required for manufacturing calcium chloride can also hamper the market growth. Calcium chloride is produced either from natural brines or manufactured from limestone and hydrochloric acid. Fluctuations in the prices of limestone and hydrochloric acid affect the overall production cost. Dependence on imported natural brines makes the industry vulnerable to foreign trade policies and currency fluctuations. This price instability puts pressure on the profit margins of manufacturers. To sustain in this competitive environment, producers have to balance the raw material costs and product prices offered to customers.
Growing Demand for Convenience and Packaged Foods Present Opportunities
Burgeoning sector for convenience and packaged food worldwide presents significant opportunities for food grade calcium chloride. With hectic lifestyles, more people now prefer ready-to-eat meals and snack foods that need minimal preparation. Calcium chloride finds wide applications as a firming agent and preservative in packaged bakery products, processed meat, canned vegetables, and others. It improves the texture and extends the shelf life of these foods. Manufacturers can focus on developing innovative formulations and delivery formats to cater to the requirements of packaged food producers.
Increasing Investment in Cold Chain Infrastructure Drives Market Growth
Food grade calcium chloride market can witness growth opportunities due to increasing investment by governments and private players in development of advanced cold chain infrastructure. Proper cold storage and transport facilities are critical for maintaining quality and increasing shelf life of perishable food items. This requires widespread use of refrigerants, insulated containers and temperature-controlled trucks for logistics. Calcium chloride-based solutions play a vital role as thermal energy storage materials in various cold chain applications. The strengthening cold chain networks globally will present lucrative business prospects for calcium chloride manufacturers in the future.
Link: https://www.coherentmarketinsights.com/market-insight/food-grade-calcium-chloride-market-4968
Key Developments
- In August 2020, Nedmag received the FSSC 22000 certification for its food-grade calcium chloride from Lloyd’s Register. This certification signifies that Nedmag's production processes meet rigorous safety and quality standards, making its calcium chloride suitable for use in the food industry.
Industry Insights
- Solvay, a chemical manufacturer based in Belgium, produces a variety of chemicals, including calcium chloride. Marketed under the brand name "Caso," Solvay’s calcium chloride products are recognized for their high purity, consistent quality, and reliability. This versatile compound serves numerous purposes across industries, and Solvay supplies it in different grades tailored to specific market requirements. For instance, Solvay offers a food-grade calcium chloride suitable for food and beverage processing, where it functions as a stabilizer, firming agent, and flavor enhancer. It is commonly used in applications such as cheese production, beer brewing, and food canning.
Key Players
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.
