"Executive Summary Calcium Glycinate Market :
CAGR Value
Data Bridge Market Research analyses that the calcium glycinate was valued at 347.03 million in 2021 and is expected to reach the value of USD 609.77 million by 2029, at a CAGR of 7.30% during the forecast period.
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Calcium Glycinate Market Overview
The global calcium glycinate market is characterized by intense competition among key players striving to enhance product offerings and expand their geographical footprint to gain a competitive edge in the market.
The global calcium glycinate market is poised for steady growth in the forecast period, driven by a rising focus on health and wellness among consumers. The market is expected to witness robust demand for calcium glycinate across various segments. The food grade segment, in particular, is anticipated to experience significant growth due to the increasing adoption of functional foods that offer added health benefits. Consumers are increasingly seeking products with enhanced nutritional value, leading to a surge in the incorporation of calcium glycinate as a dietary supplement in food products.
In terms of applications, the pharmaceutical sector is expected to continue dominating the market for calcium glycinate. The high bioavailability and easy absorption properties of calcium glycinate make it a preferred choice for use in pharmaceutical formulations. With the growing healthcare expenditure globally and rising awareness about the importance of calcium supplements for overall health, the demand for calcium glycinate in the pharmaceutical segment is projected to witness an upward trajectory.
The end-user segment of the market includes pharmaceutical companies, food and beverage manufacturers, and others. Among these, pharmaceutical companies hold a significant share in the market. Calcium glycinate is extensively utilized in the formulation of various medicinal products such as supplements, tablets, and capsules by pharmaceutical companies. The increasing emphasis on preventive healthcare practices and the rising prevalence of bone-related disorders are driving the adoption of calcium glycinate in the pharmaceutical sector.