Food Grade Calcium Carbonate Market Size & Share - By Type ( Ground Calcium Carbonate, Precipitated Calcium Carbonate), End-use (Fortified Beverages, Bakery Food), Regional Forecast, Industry Players, Growth Statistics 2023-2030

Market Outlook:

Food Grade Calcium Carbonate Market size surpassed USD 4.67 Billion in 2022 and is poised to reach USD 9.33 Billion, growing at over 8.1% CAGR between 2023 and 2030. Calcium carbonate is widely used as a food additive due to its ability to increase calcium content in food products. As the demand for food with enhanced nutritional value continues to grow, the market for food grade calcium carbonate is expected to witness significant expansion.

• Base Year Value (2022): USD 4.67 Billion
• CAGR (2023 - 2030): 8.1%
• Forecast Year Value (2030): USD 9.33 Billion
• Historical Data Period: 2018 - 2021
• Largest Region: North America
• Forecast Period: 2023 - 2030

Market Dynamics:

Growth Drivers and Opportunities:

1. Rising Awareness about Health and Nutrition: Increasing consumer awareness regarding the importance of a balanced diet and the role of calcium in maintaining optimal health and preventing chronic diseases is propelling the demand for food products fortified with calcium carbonate.

2. Growing Food and Beverage Industry: The expanding food and beverage industry, driven by changing consumer preferences and lifestyle patterns, is creating a lucrative market for food grade calcium carbonate. The incorporation of calcium carbonate as a food additive enhances the nutritional content and extends the shelf life of food products.

3. Technological Advancements: Ongoing research and development activities focused on improving the processing techniques and quality of calcium carbonate are expected to boost market growth. Innovations in calcium carbonate production, such as nano-sized calcium carbonate particles, are opening new avenues for its application in the food industry.

4. Government Regulations: Stringent regulations regarding the fortification of food products with essential minerals, including calcium, are indirectly driving the demand for food grade calcium carbonate.

Report Scope

Report Coverage	Details
Segments Covered	Type, Application
Regions Covered	•North America (United States, Canada, Mexico), • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe), • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC), • Latin America (Argentina, Brazil, Rest of South America), • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Omya AG, Huber Engineered Materials, Guangdong Qiangda New Materials Technology Co., Ltd., Essential Living, Neelkanth Finechem LLP, FUJIAN SANMU NANO CALCIUM CARBONATE CO., LTD., others

 

Industry Restraints and Challenges:

1. Fluctuating Costs of Raw Materials: The cost of raw materials, particularly limestone, which is the primary source of calcium carbonate, can be unpredictable due to varying geological and environmental factors. This fluctuation in raw material costs poses a challenge for market players.

2. Health Concerns: Despite the numerous benefits of calcium carbonate, excessive intake can lead to health issues such as kidney stones or hypercalcemia. This health concern may restrain the market growth to some extent.

3. Competitive Market Landscape: The market for food grade calcium carbonate is highly competitive, with numerous manufacturers striving to gain a larger market share. Intense competition among key players may limit the market growth rate.

In conclusion, the food grade calcium carbonate market is expected to witness steady growth in the upcoming years due to increasing consumer awareness about health and nutrition, the thriving food and beverage industry, technological advancements, and government regulations. However, challenges related to raw material costs, health concerns, and intense competition may hinder market growth to some extent.

Regional Forecast:

The Food Grade Calcium Carbonate Market is expected to witness significant growth in three major regions: North America, Asia Pacific, and Europe.

North America:

The consumption of food grade calcium carbonate is projected to rise steadily in North America due to the increasing demand for calcium-fortified food and beverages. Factors such as nutritional awareness and the rising prevalence of osteoporosis among the aging population are driving the growth of the market in this region.

Asia Pacific:

The food grade calcium carbonate market in the Asia Pacific region is anticipated to experience substantial growth during the forecast period. Rising disposable income, changing dietary patterns, and growing awareness regarding the health benefits of calcium-rich foods are augmenting the demand for food grade calcium carbonate in this region.

Europe:

The food grade calcium carbonate market in Europe is expected to witness significant growth owing to the increasing adoption of calcium-fortified products and the rising concern for bone health. The presence of major food processing companies and the high consumption of dairy products further contribute to the market growth in this region.

Segmentation Analysis:

Segment: Beverages

Sub-Segment: Dairy Products

The sub-segment of dairy products holds a significant share in the food grade calcium carbonate market. Calcium-fortified dairy products are gaining popularity among consumers due to their numerous health benefits. Food grade calcium carbonate is widely used in the production of calcium-fortified milk, cheese, yogurt, and other dairy products. This sub-segment is expected to witness substantial growth due to increasing consumer awareness regarding the importance of calcium in bone health and the increasing consumption of dairy products.

Competitive Landscape:

The food grade calcium carbonate market is highly competitive, with several key players operating in the industry. Some of the major market players include:

1. Omya AG

2. Huber Engineered Materials

3. Minerals Technologies Inc.

4. Imerys SA

5. Gulshan Polyols Ltd.

6. Mississippi Lime Company

7. Midwest Calcium Carbonate

These companies are focusing on various strategies, such as product innovations, mergers and acquisitions, and partnerships, to strengthen their market position. Additionally, they are investing in research and development activities to expand their product portfolios and meet the growing demand for food grade calcium carbonate.