Calcium Acetate Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2029
Global calcium acetate market is poised for modest growth at approximately 3% CAGR through the duration of projection period (2019-2029). Steady demand for calcium acetate continues to arise from various end-use industries such as food & beverages, pharmaceuticals, textiles, agriculture and petroleum. Moreover, manufacturers are focused on undertaking growth-oriented strategies for long-term competitive ascendancy.
Key
Takeaways of Calcium Acetate Market Study
- Role of calcium acetate in
food preservation is projected to facilitate the overall market growth
through the forecast period.
- Soaring demand for calcium
acetate in blood phosphate regulation during dialysis is bolstering the
market.
- Accelerating R&D
activities for diversifying end-use applications is contributing to
calcium acetate market growth.
- Gains in calcium acetate
market will be concentrated in Asia Pacific and North America.
- Availability of alternatives
would hinder the growth of calcium acetate market in the foreseeable
future.
- Consumers’ greater
inclination towards chemical-free products will stagnate the demand for
calcium acetate through 2029.
Major
stakeholders in global calcium acetate market must leverage expansion
opportunities in high-growth regions such as Asia Pacific and Europe and form
strategic alliances to gather stronger market foothold.
Get a Sample
Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11117
Europe Captures
31.2% Revenue Share in Global Calcium Acetate Market
Owing to
established end-use industries of calcium acetate, Europe will continue to
capture majority share through the forecast period. Higher income levels of
consumers also contribute significantly to overall regional market growth.
Leading manufacturers in this region continue to promote R&D activities for
diversifying the applications.
Asia
Pacific presents remunerative opportunities for calcium acetate manufacturers.
Both in terms of consumption and production, Asia Pacific is a crucial market.
Moreover, burgeoning end-use industries continue to supplement the regional
market growth. Hence, Asia Pacific will account for substantial market share
through 2029.
Leading
Players Undertake Expansion Activities to Solidify their Place in Global Market
The
global calcium acetate market is a fairly consolidated landscape. Major players
profiled in this FMI study include, but are not limited to, Merck Millipore,
Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, AVA Chemical
PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals &
Scientific. Capacity and geographic expansion will be the key strategic focus
of market leaders.
Prominent
companies must channel their efforts towards broadening the applications they
cater to. This move would fortify their position in developed regional markets
such as Europe. Moreover, to expand foothold in emerging countries, they must
opt for capacity expansion strategy.
More
about the Report
FMI’s
study offers an in-depth market forecast and analysis on the global calcium
acetate market. The major categories encompassed by the report include function
(texturizer, thickener, firming agent, and stabilizer), application (pet food,
agriculture, food & beverages, and pharmaceuticals) across five regions
(Asia Pacific, Middle East & Africa, Europe, Latin America and North
America).
Comments
Post a Comment