Calcium Citrate Malate is a calcium supplement that helps in absorption of calcium in the body. It contains calcium and citric acid that supports bone health and teeth. Calcium Citrate Malate dissolves easily in stomach and facilitates quick calcium absorption compared to other calcium supplements. It is widely used in dietary supplements, pharmaceuticals, food and beverages industries due to its ability to enhance calcium levels in the body. The global calcium supplementation market has witnessed significant growth over the past few years due to rising health consciousness. The demand for calcium rich foods and supplements is increasing significantly owing to growing elderly population and associated health conditions like osteoporosis.
The Global Calcium Citrate Malate Market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Calcium Citrate Malate market are Omron Corporation, Texas Instruments Incorporated, ABB Limited, TE Connectivity Inc., Sick AG, Omega Engineering Inc., Bosch Sensortec GmbH, Honeywell International Inc., First Sensor AG, Rockwell Automation Inc., NXP Semiconductors NV, Siemens AG, ams AG, and STMicroelectronics Inc. The demand for calcium citrate malate supplements is increasing at a robust pace owing to growing health awareness among consumers and increasing prevalence of bone related disorders like osteoporosis. Technological advancements in supplement formulation technologies have enabled manufacturers to launch advanced calcium citrate malate supplements with enhanced bioavailability and palatability traits.
Market Trends
Personalized nutrition trend – With growing focus on customizable nutrition based on individual physiology, manufacturers are developing personalized calcium supplements including bone-specific formulations. Calcium Citrate Malate Market Size This is expected to drive higher demand for Calcium Citrate Malate in the coming years.
Rising Vegan Population – Vegan population is increasing steadily globally due to ethical reasons and varied health benefits. Plant-based Calcium Citrate Malate supplements are gaining traction catering to the bone and muscle health needs of vegan consumers.
Market Opportunities
E-commerce platforms – Online retail channels offer lucrative growth opportunities for calcium citrate malate supplement brands to tap international markets and expand consumer reach. Enhanced visibility and convenient purchasing will support market revenues via e-commerce.
New delivery formats – Development of advanced delivery formats such as chewable/melts, gummies etc can help attract newer consumer base including kids and adolescents requiring bone support supplements. Novel formats are expected to boost the market attractiveness.
Impact of COVID-19 on Calcium Citrate Malate Market
The COVID-19 pandemic has adversely impacted the global calcium citrate malate market. Supply chains were disrupted and production facilities had to shut down temporarily to curb the spread of the virus. Calcium citrate malate is commonly used as a dietary supplement. During lockdowns and restrictions imposed globally, sales of dietary supplements declined sharply as people stayed indoors. Higher priorities were given to essential goods and services. Demand from the food and beverage sector also reduced due to slump in consumption outside home. However, with work from home becoming a new norm, focus on health and nutrition increased. Some people started taking supplements as a preventive measure to boost immunity. Online sales of supplements witnessed significant growth as people relied more on e-commerce platforms for purchases. Post pandemic, the market is recovering gradually as production picks up pace and supply chains normalize. Demand from nutritional sectors is rising again. Market players have adapted to new conditions and are launching products that cater to evolving consumer needs and preferences in the present scenario.
In terms of geographical concentration, North America currently dominates the global calcium citrate malate market in terms of value. USA and Canada are the major revenue generators. High health awareness and per capita spending on dietary supplements have boosted demand in the region. Europe occupies the second spot supported by countries like Germany, UK and France. Asia Pacific is emerging as the fastest growing regional market for calcium citrate malate driven by China, Japan and India. Rising health consciousness, growing middle class population and improving disposable income levels in developing nations are fueling market growth in Asia Pacific region.
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