The food grade calcium chloride market comprises calcium chloride used as a firming agent in canned foods, dairy products, baked goods and other food products to impart texture and structure. Food grade calcium chloride prevents caking, acts as a binder and enhances shelf-life by absorbing moisture. It has high solubility in water and does not impact the flavor or color of food. The growing processed food industry as well as demand for packaged and convenience foods is boosting the consumption of food grade additives including calcium chloride.
The Global food grade calcium chloride market is estimated to be valued at US$ 892.74 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031.
Key players operating in the food grade calcium chloride market are Saint-Gobain, Kingspan, Rockwool, BASF, Johns Manville, Knauf Insulation, Owens Corning, Paroc, Dow Building Solutions, GAF Materials. These players are focusing on capacity expansion plans and new product development catering to the specific requirements of end-use industries.
The key opportunities in the market include increasing application of food grade calcium chloride in dairy and meat processing. The growth of the packaged food market especially in developing countries of Asia Pacific and Latin America provide new expansion avenues.
The growing processed food consumption in countries like China, India, Brazil and Mexico along with establishment of new production facilities by global food brands will drive the global expansion of food grade calcium chloride market during the forecast period. Major players are focusing on these emerging economies for enhancing their geographical footprints.
Market drivers: The robust growth of the global processed food industry especially in developing countries is a major market driver. Increased consumption of packaged food, dairy products and convenience foods augment the demand for food additives like calcium chloride.
Market restraints: Stringent regulations pertaining to the use of additives in food products in developed regions can hamper the growth of food grade calcium chloride market. Further, availability of alternative products also acts as a market restraint to a certain extent.
Food Grade Calcium Chloride Market Demand can be segmented based on type, application, and region. Based on type, the food grade calcium chloride anhydrous segment dominated the market in 2022 and is estimated to maintain its dominance during the forecast period. This is because anhydrous calcium chloride is widely used as an anticaking agent and firming agent in canned vegetables, seafood, fruit preserves, and canned meat products. Based on application, the food processing segment accounted for the largest share of the overall market in 2022. This is attributed to extensive usage of food grade calcium chloride as an anticaking agent and as a firming agent in processed meat and seafood products.
Regionally, North America held the highest market share in 2022 followed by Europe. This is majorly attributed to the high demand for processed and packaged food products in countries like the US and Canada. The Asia Pacific region is projected to witness the fastest growth during the forecast period. This can be accredited to rapid urbanization, rising disposable incomes, and growth of the food processing industry in emerging economies like China and India. Countries in Latin America and Middle East & Africa are also expected to present lucrative opportunities for market players driven by increasing food consumption and import of packaged food products in these regions.
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