Anhydrous Dibasic Calcium Phosphate Market Poised to Garner High Revenues Through 2031

Anhydrous Dibasic Calcium Phosphate Market


Anhydrous Dibasic Calcium Phosphate is a calcium phosphate compound mainly used as a food additive and dietary supplement. It is commonly used as a leavening agent in baking powder to induce the chemical reaction that causes baked goods to rise. Being odorless, tasteless and chemically inert, it is considered a safe additive. The compound is widely utilized in the pharmaceutical industry to manufacture calcium supplements and as an excipient in several drug formulations. It helps maintain electrolyte balance and supports bone and teeth health. The growing concerns regarding bone health issues and dietary deficiencies have increased the demand for Anhydrous Dibasic Calcium Phosphate supplements globally.

The global Anhydrous Dibasic Calcium Phosphate market is estimated to be valued at US$ 245.96 billion in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period of 2024 to 2030.

Key Takeaways

Key players operating in the Anhydrous Dibasic Calcium Phosphate market are Pfizer, Sanofi, New England Biolabs, GlaxoSmithKline plc, GenScript, Thermo Fisher Scientific, Inc., Biogen, Inc., Merck & Co., Inc., Profacgen, Amgen, Inc., Monsanto Company.

Key opportunities in the Anhydrous Dibasic Calcium Phosphate Market Demand include new product launches catering to various end use applications across industries like food, pharmaceuticals, cosmetics etc. and geographical expansion into emerging economies of Asia Pacific and Latin America.

Global expansion is one of the key strategies adopted by the leading market players. Many companies are investing in setting up manufacturing facilities in developing regions to cater to the growing local demand and benefit from low production costs.

Market Drivers and Restraint

The rising aging population susceptible to bone diseases and increasing health consciousness are some of the major factors propelling the growth of the Anhydrous Dibasic Calcium Phosphate market. According to WHO, approximately 1.5 million hip fractures occur globally each year, 80% of which occur in high-income countries. This widespread prevalence of bone disorders creates high demand for calcium supplements.

However, stringent regulations governing the usage of food additives may negatively impact the market during the forecast period. Extensive clinical trials and certification processes are required before new products can be commercialized. This adds to development costs and timelines.

Segment Analysis
The global Anhydrous Dibasic Calcium Phosphate market is segmented on the basis of grade and application. By grade, food grade segment holds the largest market share owing to its wide use in food & beverages and nutraceuticals industries. This segment is dominating due to legislation mandating the purity levels for calcium phosphate for use in food products.

By application, the market is segmented into food & beverages, pharmaceutical, animal feed and others. Food & beverages segment dominate the market due to increased consumption of processed food and dietary supplements. Within food & beverages industry, dairy products sub segment holds the major share. It is widely used as a supplement to increase the calcium content in dairy products.

Global Analysis
North America region stands as the fastest growing regional market for Anhydrous Dibasic Calcium Phosphate. This is mainly attributed to growing demand from food & beverages industry in United States. Asia Pacific region holds the largest market share and is expected to maintain its dominance during the forecast period. Developing countries like India and China have witnessed rapid urbanization which has boosted the sales of packaged and fortified food products driving the demand for Anhydrous Dibasic Calcium Phosphate in this region.

Comments

Post a Comment

Popular posts from this blog

Security Robot Market is Estimated To Witness High Growth Owing To Increasing Demand for Enhanced Surveillance

Image
Security Robot Market The Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Security Robot Market encompasses advanced robotic technologies that are specifically designed and developed to enhance security and surveillance operations. These robots are equipped with features such as video surveillance, thermal imaging, facial recognition, and intrusion detection, among others. They are extensively used by security agencies and organizations across various sectors, including residential, commercial, industrial, and government, to enhance safety, reduce human intervention, and streamline security operations. Security robots offer real-time monitoring, remote control, and high accuracy, making them an ideal choice for surveillance in sensitive areas and remote locations. Market Dynamics:
Read more

The Ever-Evolving Landscape of the Scottish Whisky Market during the Forecast Period 2019-2027

Image
  Scottish Whisky Market The Scottish Whisky Market is a captivating landscape that has been evolving and transforming over the years. It is a world of tradition, craftsmanship, and heritage, where every drop of whisky tells a story. The history of Scottish whisky traces back centuries, with the earliest records dating back to the 15th century. Whisky production initially started in monasteries, where monks distilled spirits for medicinal purposes. Over time, whisky production moved from monastic settings to farms and then to commercial distilleries. This transition marked the beginning of an industry that would become synonymous with Scotland. Scottish Whisky Market Was Valued At US$ 4.97 Bn In 2018, And It Is Expected To Reach US$ 7.89 Bn By The End Of 2027, Exhibiting A CAGR Of 5.3% During The Forecast Period (2019 To 2027). One of the defining characteristics of the Scottish Whisky Market is its adherence to traditional production methods. Scotch whisky is made from malted b
Read more

Monochloroacetic Acid (MCAA) Market Is Estimated To Witness High Growth Owing To Increasing Demand for Surfactants and Herbicides

Image
Monochloroacetic Acid (MCAA) Market The Monochloroacetic Acid (MCAA) Market is estimated to be valued at USD 676.52 Million in 2022 and is expected to exhibit a CAGR of 7.03% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Monochloroacetic Acid (MCAA) Market is driven by the increasing demand for surfactants and herbicides in several industries such as agriculture, pharmaceuticals, textiles, and personal care. MCAA is extensively used in the production of surfactants, herbicides, and carboxymethyl cellulose (CMC), which are essential in various applications. These applications include detergents, agrochemicals, pharmaceuticals, dyes, and cosmetics, among others. The versatile properties of MCAA, such as its ability to act as a raw material in the production of herbicides and surfactants, make it highly desirable in the market. Market Dynamics: The Monochloroacetic Acid (MCAA) Market is driven by two k
Read more