According to Future Market Insights research, during the projected period, the Calcium Phosphate Market is expected to grow at a CAGR of 5.10%. The market value is projected to increase from USD 912.6 million in 2023 to USD 1,500.8 million by 2033. The Calcium Phosphate Market was valued at USD 879.2 million at the end of 2021 and is anticipated to exhibit a CAGR growth of 3.80% from 2016 to 2021.
| Attributes | Details |
|---|---|
| Market Size Value in 2023 | USD 912.6 million |
| Market Forecast Value in 2033 | USD 1,500.8 million |
| Global Growth Rate (2023 to 2033) | 5.10% CAGR |
| Forecast Period | 2023 to 2033 |
| CAGR of the United Kingdom in Europe | 3.40% |
One of the main minerals, calcium phosphate, is present in nature in a variety of forms. Calcium and phosphorous are combined to form calcium phosphates. In the form of carbonated hydroxyapatite, calcium phosphates, an essential component of biological hard tissue, are present in significant amounts in bones, tendons, and teeth. It gives these organs hardness and stiffness.
Calcium phosphates in their crystalline form are widely used in biomedical applications that aid in the reorganization of bone minerals. The other varieties of calcium phosphate are widely used in numerous industries. As a leavening agent, calcium phosphates are widely used in salts, sauces, and baked goods.
Calcium phosphates, which are frequently found in calcium supplements, also help to increase calcium content. In addition to the food industry, it is a crucial component in the production of a variety of phosphate fertilizers. A common stabilizer in plastics and plant food, this same acid calcium of calcium is created by processing mineral salts with sulfuric acid.
A new report published by Future market insights, titled, Calcium Phosphate Market -Global Opportunity Analysis and Industry Forecast, 2023 to 2033,projects the global Calcium Phosphate Market to reach USD 1,500.8 million by 2033 and is expected to grow at a CAGR of 5.10 % from 2023 to 2033.
The largest portion of the worldwide calcium phosphate market is held by North America. Because of the growing elderly population, more people are taking supplements for their bones and joints, which is helping the calcium phosphate market expand.
Europe's calcium phosphate market is anticipated to grow at a rapid rate. The market for calcium phosphate in the Asia Pacific region is taking advantage of the growing consumer preference for processed foods which results in an increase in the market for calcium phosphates in the Asia Pacific region. Due to its widespread use in implant reconstructive surgery and nutritional supplements, the global Calcium phosphate market is predicted to experience significant growth in Japan as a result of the country's growing elderly population.
The calcium phosphate market is projected to grow at a CAGR of 5.10% from 2023 to 2033. The growth in the calcium phosphate market is mainly attributed to the increasing adoption of this product in various industries such as food and beverage, construction, and others. North America has been witnessing significant growth owing to the increase in demand for this product from both domestic and international markets.
Factors that are supporting the growth of the calcium phosphate market include rising population, increased industrialization, and growing awareness about the benefits of this mineral. However, some challenges that are anticipated to hamper the growth of this market include concerns over the availability and pricing of this product.
The market for calcium phosphates is being driven by medical staff's trend for biocompatible material for re-structuring purposes. In dental and orthopedic applications, calcium phosphate is frequently used as a synthetic graft substitute during implant surgery.
It is widely used in nutritional supplements because it has good biocompatibility, aids in calcium replenishment, especially in older populations, and prevents osteoporosis. It also aids in tissue regeneration. As a result, the market for calcium phosphates is expanding due to the rising number of elderly people and the relatively inexpensive treatment options for implant reconstructive surgery using calcium phosphates.
Additionally, calcium phosphate is widely used as a food additive in the food industry. It thickens and stabilizes things, so water and oil-based ingredients frequently use it. Other distinctive qualities of calcium phosphate include regulating acidity, aiding in the retention of moisture, and treating flour. As a result, it is widely used in the manufacture of baked goods and processed foods because it preserves the texture of frozen vegetables.
People with chronic kidney diseases may experience negative side effects from consuming large amounts of calcium phosphate. As a result, people with kidney disease should avoid using products that contain calcium phosphate. When compared to other biomaterials available for use in dental and orthopedic applications, calcium phosphate, however, exhibits poor mechanical properties. As a result, extensive research is needed to improve calcium phosphate's biomedical properties. As some other biomaterials are easily available on the market, this has an impact on the growth opportunities of the calcium phosphate market.
The Calcium Phosphate Market in market is expected to grow at a CAGR of 5.10% during the forecast period of 2023 to 2033. The calcium phosphate market is expected to grow owing to the increasing demand from industrial and supermarket distributors. The growing incidence of bone health issues among the population is fueling the growth of this market.
Supermarkets and industrial distributors are driving the growth of the calcium phosphate market. The increasing incidence of bone health issues among the population is fueling the demand for this product. The growth can be attributed to the rising demand from supermarket and industrial distributors due to its affordability and easy availability.
Furthermore, the growing trend of green infrastructure is also benefiting the market as it requires higher levels of calcium phosphate in various construction projects.
The competitive landscape of the calcium phosphate market is expected to witness significant growth in the near future. The increasing demand for calcium phosphate from various end-use industries is expected to drive the growth of the market.
Some of the key players in the calcium phosphate market are BASF SE, Mitsubishi Chemical Corporation, and SABIC Innovative Plastics Company. These companies are engaged in manufacturing and supplying a wide range of calcium phosphates products.
They are also focusing on developing new products and expanding their product portfolio. This is expected to help them maintain their leadership positions in the market.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2023 |
| Market Analysis | USD million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
| Key Countries Covered | The USA, Canada, Mexico, Germany, The United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | By Product, By Form, By End-user, By Application, By Distribution Channel, By Region |
| Key Companies Profiled | Advance Inorganics; Nitta Gelatin Inc.; Raymon Patel Gelatine Pvt. Ltd.; Sigma-Aldrich Co. LLC.; Timab, Fosfitalia SpA; Gadot Biochemical Industries LTD. |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global Calcium Phosphate Market will reach a valuation of US$ 912.6 million by the end of 2023.
The global Calcium Phosphate Market is forecasted to surpass US$ 1,500.8 million by the end of 2033.
USA, Germany, Japan, China, India, Australia, UK are the major countries driving demand for Calcium Phosphate Market.
The USA Calcium Phosphate Market is contributing 30.70% of the total value share in the global market.
The Germany Calcium Phosphate Market is contributing 23.20% of total value share in global market.
In Japan Calcium Phosphate Market is contributing 9.50% of total market share which values in year 2023.
In India Calcium Phosphate Market is contributing 6.20% of CAGR for latest period.
In China Calcium Phosphate Market is contributing 5.60% of CAGR for latest period.
In Australia Calcium Phosphate Market is contributing 2.90% of total value share in global market.
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