Global Food Grade Calcium Carbonate Market is valued at approximately USD 5.27 billion in 2023 and is anticipated to grow at a healthy compound annual growth rate (CAGR) of 7.1% during the forecast period from 2024 to 2032. Food-grade calcium carbonate in the food and beverage industry is critical for pH adjustment and calcium fortification. Known for its applications as an anticaking agent and pH stabilizer, calcium carbonate plays a pivotal role in ensuring product quality in several formulations, such as powdered spices, baking mixes, and nutritional supplements. The precise control over pH and prevention of clumping enhances the overall quality, flowability, and stability of food products, thereby addressing both consumer demands and industry standards.
Additionally, the rising demand for bakery and convenience foods globally, driven by changing consumer lifestyles, is expected to propel market growth over the forecast period. This trend is coupled with the increasing consumption of nutraceutical products among fitness-conscious individuals. Moreover, advancements in the production processes of calcium carbonate, including efficient grinding and purification methods, further bolster its adoption. Market players are investing in innovative methods to improve particle size and morphology while also focusing on sustainable sourcing practices. Moreover, the expansion in emerging markets and growing demand for nutraceuticals present various lucrative opportunities over the forecast years. However, the high production costs and regulatory challenges in certain regions are challenging the market growth throughout the forecast period of 2024-2032.
The key regional markets analyzed in this study include North America, Europe, Asia Pacific, Latin America, and the Rest of the World. Asia Pacific emerged as the dominant region in terms of revenue. This growth is driven by rising consumer awareness regarding nutrition and the increasing importance of fortified foods to address nutrient deficiencies in the region. Meanwhile, Europe is anticipated to grow at the fastest rate over the forecast period fueled by strict regulations mandating the fortification of food products with essential nutrients, coupled with increasing consumer awareness of calcium intake for bone health.
Major market players included in this report are:
Omya AG
Huber Engineered Materials
Guangdong Qiangda New Materials Technology Co., Ltd.
Essential Living
Neelkanth Finechem LLP
FUJIAN SANMU NANO CALCIUM CARBONATE CO., LTD.
Holcim
Minerals Technologies Inc.
Imerys S.A.
The Cary Company
Calcinor
Longcliffe Quarries Ltd.
Columbia River Carbonates
Parchem Fine & Specialty Chemicals
Wolkem India Ltd.
The detailed segments and sub-segments of the market are explained below:
By Type:
Ground Calcium Carbonate
Precipitated Calcium Carbonate
By Application:
Fortified Beverages
Bakery Food
Confectionery Products
Convenience Food
Dietary Supplements
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
