The calcium lactate is a white, almost tasteless crystalline salt, chiefly used in medicine and food as a source of calcium. The demand for calcium lactate is primarily driven by its extensive use in the pharmaceutical industry for preparing calcium supplements. Additionally, calcium lactate is also used as a food additive in bakery and dairy products. The rising demand for dietary supplements, owing to increasing concern among the individuals regarding their health, adds fuel to the market growth. Increasing participation of the young demographics in the number of sports and gymnasiums activities is expected to have a positive influence on market growth. However, the availability of substitutes such as sodium lactate and potassium lactate is likely to hamper the market growth during the forecast period.
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COVID-19 Impact Analysis
Unlike most of the industry, the pandemic has impacted the nutrition and supplement Industry. The companies engaged in the market rely upon the raw material from suppliers and distributors from overseas, further hampering the market growth. The continuous increase in the number of cases has compelled the governments across the globe to further extent regional lockdowns. The manufacturers in the nutrition and supplement industry have started to witness sheer vulnerability, owing to the shutdown of the manufacturing plants and restrictive shipping price spikes. This scenario has further compelled the manufacturers to reshape their current business models.
Calcium Lactate Market: Segmentation
Central and South America and the Caribbean
The Middle East
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