Food Grade Calcium Carbonate Market Is Projected to Expand At A CAGR Of 7% Between 2024 And 2032

25 Jul 2023

The market for food-grade calcium carbonate is anticipated to expand at a CAGR of 7% between 2024 and 2032. Calcium carbonate, a mineral compound with numerous functional properties, is widely used in the food and beverage industry. It is commonly employed as a food additive, acidity regulator, anti-caking agent, and dietary supplement. The increasing demand for calcium-fortified food products is one of the primary factors driving market expansion. As consumers become more aware of the significance of a balanced diet and the role of calcium in maintaining bone health, they seek out foods and beverages with increased calcium content. Food-grade calcium carbonate is an effective solution for food manufacturers to meet this demand because it can be readily incorporated into a wide variety of products, including dairy products, bakery items, and beverages. Increasing demand for functional and fortified food products is a further factor propelling the market. Consumers are becoming increasingly health-conscious and actively searching out products with added nutritional value. Calcium carbonate functions as a calcium supplement, supplying the nutrient necessary for bone health. In addition, it improves the texture, stability, and storage life of food products, making it a manufacturer's top choice. Additionally, the market is being propelled by the growing demand for processed and convenience foods. As consumers' lifestyles become more hectic, they favor ready-to-eat and portable foods. Calcium carbonate is essential for maintaining the desired texture and stability of processed foods, thereby assuring product quality and shelf life.

The demand for calcium-enriched food products is a key factor driving the growth of the market for food-grade calcium carbonate. Consumers are becoming increasingly aware of the significance of a balanced diet and calcium's function in preserving bone health. As a consequence, there is an increasing demand for foods and beverages with higher calcium content. Food-grade calcium carbonate provides food manufacturers with an efficient means of meeting this demand. Consumer surveys and studies indicate a growing interest in calcium-enriched products. According to a study conducted by the National Institutes of Health (NIH), calcium consumption has increased as more consumers seek out calcium-rich diets. In addition, the increased availability of calcium-fortified products on the market, such as calcium-fortified milk, cereals, and beverages, bolsters the rising demand.

Increasing demand for functional and fortified food products also contributes to the market's expansion. Consumers are becoming increasingly health-conscious and actively search out products with added nutritional value. Calcium carbonate functions as a calcium supplement, supplying the nutrient necessary for bone health. In addition, it helps improve the texture, stability, and storage life of food products, making it a manufacturer's top choice. The market is experiencing an increase in the availability of calcium carbonate-containing functional and fortified food products. For instance, the production and consumption of calcium-enriched beverages such as fortified fruit juices and plant-based milk alternatives have increased. The consumer perception that fortified products contribute to overall health and well-being is driving this trend.

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Increasing demand for processed and convenience foods is another factor propelling the market for food-grade calcium carbonate. As consumers' lifestyles become more hectic, the demand for ready-to-eat and portable foods increases. Calcium carbonate is essential for maintaining the desired texture and stability of processed foods, thereby assuring product quality and shelf life. It is well documented that the industrialized and convenience food industry is expanding. Changes in dietary preferences, urbanization, and the demand for time-saving solutions have all contributed to the increased consumption of these food items. Calcium carbonate's ability to enhance the texture and stability of processed foods is a significant factor in this industry's extensive use of this substance. This can be seen in the wide variety of processed food products that contain calcium carbonates, such as frozen meals, snacking, and bakery goods.

The regulatory restrictions imposed on food additives is one of the factors restraining the food-grade calcium carbonate market. To ensure consumer safety and product quality, governments and regulatory bodies have established stringent guidelines and regulations for the use of additives in food products. These regulations frequently stipulate maximal allowable levels for particular additives, such as calcium carbonate. Complying with these regulations can be difficult for manufacturers in terms of formulation and labeling, as well as meeting the stringent quality control requirements necessary to ensure compliance. The Food and Drug Administration (FDA) in the United States and the European Food Safety Authority (EFSA) in the European Union regularly update and enforce regulations regarding food additives. Before obtaining sanctions for the use of additives in food products, manufacturers are required to provide sufficient scientific evidence demonstrating their safety and effectiveness. In order to demonstrate compliance and meet regulatory requirements, manufacturers of food-grade calcium carbonate may be required to invest in research and testing.

Ground Calcium Carbonate (GCC) and Precipitated Calcium Carbonate (PCC) are the two major varieties of food-grade calcium carbonate. Due to its higher unit price and widespread application in premium culinary products, precipitated calcium carbonate (PCC) held the largest market share in terms of revenue in 2023. Manufacturers seeking to enhance the quality and performance of food formulations favor it due to its distinctive properties and enhanced functionalities. PCC is suitable for a wide variety of food applications due to its unique properties, including reduced particle size, high purity, and controlled crystal morphology. It is commonly used as a functional additive in bakery products, dairy, beverages, and confections. PCC's higher market revenue compared to GCC is a result of its superior functionality and versatility. PCC is anticipated to exhibit a higher CAGR owing to its increasing demand in a variety of food applications and its ability to satisfy the expanding consumer preference for high-quality, functional food products. However, in terms of CAGR, Ground Calcium Carbonate (GCC) is anticipated to experience the maximum growth rate between 2024 and 2032. GCC may have a smaller market share in terms of revenue than PCC, but its cost-effectiveness and extensive use in a variety of food products contribute to its consistent growth. The GCC market's maturity and cost advantages make it an attractive option for manufacturers, particularly in price-sensitive markets. Ground Calcium Carbonate (GCC) is derived from natural materials such as marble and limestone. Fine particles are produced by pulverizing, grinding, and classifying calcium carbonate rocks. GCC is utilized extensively in the food and beverage industry due to its affordability and accessibility. In numerous food products, it is used as an anti-caking agent, pH regulator, and nutritional supplement.

Based on application, the market for food-grade calcium carbonate can be segmented into Fortified Beverages, Bakery Food, Confectionery Products, Convenience Food, Dietary Supplements, and Others. In 2023, Fortified Beverages and Bakery Food contributed the most revenue, driven by consumer demand for functional and fortified goods. Fortified Beverages are a significant application segment in the calcium carbonate market for food grade. In response to the growing demand for functional and fortified beverages among consumers, manufacturers are implementing calcium carbonate as a nutritional supplement and fortifier. Due to the prevalence of calcium-fortified juices, plant-based milk alternatives, and other fortified beverages, the segment is anticipated to generate high revenue. Bakery Food is an additional important application sector that utilizes the functional properties of calcium carbonate. It functions as a dough conditioner, improving the texture and stability of baked products. As calcium-fortified bread, cookies, and other bakery products acquire consumer preference, the bakery food segment is expected to generate substantial revenue for the food-grade calcium carbonate market. Nevertheless, the segments of Convenience Food and Dietary Supplements are anticipated to grow at the maximum rate from 2024 to 2032, reflecting the rising demand for convenient food options and nutritional supplements. The application segment of Convenience Food, which includes ready-to-eat meals, processed snacks, and frozen foods, is expanding significantly. Calcium carbonate is essential for preserving the texture and stability of these products. The convenience food segment is anticipated to contribute substantially to the overall market revenue, given the growing demand for these products.

In 2023, North America held a substantial share of the food-grade calcium carbonate market, propelled by the presence of a well-established food and beverage industry and the rising demand for functional and fortified products. Additionally, the region has a high level of consumer awareness of the significance of calcium in maintaining bone health. North America contributed the greatest percentage of market revenue. The Asia-Pacific region is projected to experience the maximum CAGR in the food-grade calcium carbonate market between 2024 and 2032. This region's demand for processed and convenience foods is driven by factors such as shifting dietary patterns, urbanization, and the growing middle-class population. In addition, growing awareness of the health advantages of calcium-fortified products is contributing to the expansion of the market. China, India, and Japan are the main contributors to the growth of the market in the Asia-Pacific region.

The market for food-grade calcium carbonate is characterized by intense competition among major players, with a focus on expanding market share and meeting the evolving demands of consumers. Omya AG, Imerys SA, Huber Engineered Materials, Minerals Technologies Inc., Mississippi Lime Company, Nordkalk Corporation, Schaefer Kalk GmbH & Co KG, and others are the leading participants in the food-grade calcium carbonate market.  These companies strengthen their market position through strategies such as product portfolio expansion, geographical expansion, mergers and acquisitions, and collaborations. Key participants in the food-grade calcium carbonate market prioritize product innovation, research and development, and customer-centric strategies in order to remain competitive. They actively engage with customers to comprehend their unique needs and develop individualized solutions. In addition, businesses prioritize regulatory compliance and invest in quality control measures to ensure product safety and uniformity. Companies concentrate on product innovation, partnerships, and acquisitions in order to enhance their product portfolios and satisfy the diverse needs of their customers. With a strong emphasis on sustainability and quality, these market participants endeavor to distinguish themselves and preserve their competitive edge.

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