The North America Calcium Citrate Market would witness market growth of 2.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,209.0 hundred Tonnes, showcasing a growth of 2.2% (2019-2022).
The food and beverage, pharmaceutical, and other end-use industries frequently utilize calcium citrate, a white, colourless salt of calcium, as a firming agent, acidity regulator, food preservative, anti-caking agent, and fortification agent. In the pharmaceutical industry, it's also utilized to raise plasma calcium levels. Additionally, it greatly lowers parathyroid hormone (PTH) release, which lowers calcium flux from osteocyte activity. Increasing awareness of calcium's pivotal role in maintaining overall bone health. Fuelled by a desire for healthier lifestyles, consumers proactively seek products enriched with essential nutrients like calcium.
It is a highly desirable compound in the formulation of dietary supplements and functional foods due to its capability of effectively addressing calcium deficiencies. The aging population has greatly aided the widespread use of Calcium Citrate. As one age, the likelihood of developing bone-related disorders like osteoporosis increases. Its higher bioavailability makes it an effective choice for addressing calcium deficiencies in older people, thus preventing, and managing conditions associated with bone fragility.
As per the International Trade Administration (ITA), in the first half of 2022, the Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada’s personal care and beauty sector earned around $11 billion in revenue. As consumers increasingly focus on holistic wellness, cosmetic products with ingredients supporting overall health may be popular in Canada. Calcium plays a role in collagen synthesis, crucial for skin elasticity in Canada. Also, ITA estimates by 2024, cosmetic industry revenue is anticipated to increase by 1.45% yearly to USD 1.8 billion. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Calcium Citrate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $226.7 Million by 2030. The Canada market is experiencing a CAGR of 5.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.3% during (2023 - 2030).
Free Valuable Insights: The Calcium Citrate Market is Predict to reach USD 1.1 Billion by 2030, at a CAGR of 3.5%
Based on Form, the market is segmented into Powder, and Granules. Based on End Use, the market is segmented into Pharmaceuticals, Food & Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Form (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
By End Use (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
By Country (Volume, Hundred Tonnes, USD Billion, 2019 to 2030)
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