Tricalcium Citrate Market Size Is To Grow at a CAGR of 4.9%

Aboli More
Aboli More

Updated · Dec 16, 2024

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Introduction

The global Tricalcium Citrate Market is witnessing steady growth, with a projected market size of USD 1,078.8 Million by 2033, up from USD 668.6 Million in 2023, representing a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2024 to 2033.

This growth is largely driven by increasing consumer demand for nutritional supplements, as tricalcium citrate is a key ingredient in calcium supplements due to its high bioavailability and easy digestibility. With an aging population and rising awareness about bone health, particularly in developing economies, there is a growing trend of preventative healthcare, boosting demand for calcium-based products.

Tricalcium Citrate Market Size

Additionally, tricalcium citrate’s applications in the food and beverage industry, as a food preservative and flavoring agent, are contributing to market expansion. The rising popularity of organic and plant-based products also opens up new market opportunities, as this compound is considered a more natural alternative compared to other calcium salts.

Furthermore, the continuous development in the pharmaceutical and dietary supplement sectors is expected to offer substantial growth opportunities. The market’s growth is further supported by innovations in formulation techniques and the increasing availability of tricalcium citrate in both synthetic and natural forms.

However, challenges such as price fluctuations in raw materials and stringent regulatory requirements in key regions may affect market dynamics. Overall, the tricalcium citrate market is well-positioned for expansion, driven by a combination of health-conscious consumer behavior, market diversification, and favorable industry trends.

Key Takeaways

  • The Global Tricalcium Citrate Market is expected to be worth around USD 1,078.8 Million by 2033, up from USD 668.6 Million in 2023, and grow at a CAGR of 4.9% from 2024 to 2033.
  • Tricalcium citrate granules dominate the market with a substantial 45.3% share by type.
  • Powder form leads the tricalcium citrate market, capturing 75.5% of the sector by form.
  • Anhydrous tricalcium citrate holds a significant market segment, accounting for 47.3% by type.
  • Dietary supplements emerge as a primary application of tricalcium citrate, comprising 38.4% of usage.
  • The food and beverages sector is a major end-user, utilizing 45.8% of tricalcium citrate.
  • In North America, the Tricalcium Citrate Market represents 45.3%, amounting to USD 302.9 million.

Tricalcium Citrate Statistics

  • With its high calcium content of 21%, tricalcium citrate is the most economical calcium salt among the commonly used organic calcium salts.
  • Tricalcium citrate is supplied in polyethylene-lined paper bags. Net quantity is 10, 15, 20, or 25 kg, depending on the individual bulk density of the desired granulation.
  • The meta-analysis of calcium absorption data from calcium carbonate and calcium citrate, with calculation of effect size and 95% confidence intervals.
  • Calcium absorption from calcium citrate was consistently significantly higher than that from calcium carbonate by 20.0% in the whole set, by 24.0% in Category A, by 27.2% on an empty stomach, and by 21.6% with meals.
  • Calcium citrate is better absorbed than calcium carbonate by approximately 22% to 27%, either on an empty stomach or co-administered with meals.
  • Tricalcium Citrate anhydrous is used as an anticaking agent in powdered products. LomaFlow B42 is specially designed for this application.
  • Tricalcium Citrate is a commonly used salt of calcium due to its higher calcium content of 27% and good absorption properties.
  • The global tricalcium citrate market was USD 661.64 million as of 2016 and is estimated to grow at a CAGR of 3%-5% till 2021.
  • BASF SE is the major player, holding more than 15% of the global market share; Major players hold a minor share in the global tricalcium citrate market.

Emerging Trends

  • Increased Use in Plant-Based Products: As more consumers shift towards plant-based diets, tricalcium citrate is gaining popularity as a calcium-fortification ingredient in dairy-free and vegan food products like plant-based milk, cheeses, and cereals, catering to the growing demand for vegan alternatives.
  • Enhanced Bioavailability in Supplements: Manufacturers are focusing on improving the bioavailability of tricalcium citrate in supplements, offering more effective calcium absorption in the body. This trend is driven by consumers seeking more efficient and easily digestible calcium sources for bone health and overall wellness.
  • Rising Focus on Preventative Healthcare: With an increased global focus on preventive healthcare, there is a growing demand for calcium supplements like tricalcium citrate. As consumers prioritize maintaining bone health earlier in life, the market for this ingredient in supplements is expanding, particularly among the aging population.
  • Integration with Other Nutrients: New product formulations combine tricalcium citrate with other essential vitamins and minerals, such as vitamin D and magnesium, to enhance its effectiveness in bone health supplements. This trend is appealing to consumers looking for multi-benefit, comprehensive health solutions.
  • Sustainability and Clean Label Products: As sustainability becomes a key consideration for consumers, tricalcium citrate derived from natural and renewable sources is gaining traction. Clean-label products with transparent sourcing are becoming increasingly popular, driving demand for sustainably produced calcium supplements and fortified foods.
  • Growth in Animal Feed: The use of tricalcium citrate in animal feed is expanding, particularly in livestock and poultry industries. This trend is due to the increasing demand for high-quality animal products, where ensuring optimal calcium levels in animals is crucial for healthy growth and productivity.

Use Cases

  • Nutritional Supplements: Tricalcium citrate is widely used in dietary supplements for bone health, providing a highly bioavailable form of calcium. Its easy absorption makes it a preferred choice for consumers looking to support bone density, particularly in older adults and those with calcium deficiencies.
  • Food and Beverages: It is commonly used in the food industry as a food additive, enhancing calcium content in products like fortified juices, dairy alternatives, and breakfast cereals. Tricalcium citrate also acts as a preservative and stabilizer, improving the shelf life of certain foods.
  • Pharmaceuticals: Tricalcium citrate is used in the pharmaceutical industry for the formulation of various drugs. It acts as an excipient, improving the stability and solubility of certain medications. It’s also used in treatments for conditions like osteoporosis and calcium deficiency.
  • Cosmetics: In the cosmetic industry, tricalcium citrate is used in skincare products due to its ability to promote healthier skin. It helps moisturize and supports skin structure, making it a common ingredient in creams, lotions, and other personal care products.
  • Animal Feed: Tricalcium citrate is used in animal feed formulations as a calcium supplement. It supports bone development in livestock and pets, ensuring healthy growth and productivity. It is often included in feeds for poultry, cattle, and pets to maintain calcium balance.

Major Challenges

  • Fluctuating Raw Material Costs: One of the major challenges in the tricalcium citrate market is the fluctuation in the prices of raw materials. Variations in the cost of calcium and citric acid, essential for production, can lead to pricing instability, affecting profit margins and pricing strategies.
  • Regulatory Compliance: The market faces challenges from stringent regulations, particularly in the food and pharmaceutical sectors. Compliance with safety standards, quality controls, and certifications in various regions can be complex and costly, requiring continuous adaptation to changing global regulatory frameworks.
  • Competition from Alternative Sources: Tricalcium citrate competes with other calcium supplements like calcium carbonate and calcium lactate, which may be cheaper or more readily available. This competition can limit market growth, as consumers may opt for more cost-effective alternatives depending on price sensitivity.
  • Supply Chain Disruptions: Disruptions in the global supply chain, such as transportation delays or geopolitical issues, can affect the availability of tricalcium citrate. These disruptions can lead to delays in production, increased costs, and difficulty in meeting demand, particularly in key markets.
  • Limited Consumer Awareness: Despite its benefits, consumer awareness about tricalcium citrate is still relatively low compared to other calcium sources. This lack of awareness, particularly in emerging markets, limits the growth potential and adoption of tricalcium citrate-based products among health-conscious consumers.

Market Growth Opportunities

  • Growing Demand for Bone Health Supplements: With an increasing global focus on bone health, especially among aging populations, the demand for calcium supplements is rising. Tricalcium citrate, due to its high bioavailability, presents significant growth opportunities in the nutritional supplements market, particularly for older adults and those with calcium deficiencies.
  • Expansion in Plant-Based Products: As more consumers switch to plant-based diets, there is an opportunity for tricalcium citrate to be used in vegan and dairy-free food and beverages. Its role in fortifying plant-based milk, juices, and cereals can drive its adoption in the growing plant-based product segment.
  • Rising Health Consciousness in Developing Regions: In emerging markets, awareness of the importance of dietary supplements is increasing. As more people prioritize health and wellness, the demand for calcium-rich products like tricalcium citrate is expected to grow, opening up new opportunities in regions like Asia-Pacific and Latin America.
  • Innovations in Pharmaceutical Applications: Tricalcium citrate’s potential in pharmaceuticals, particularly in osteoporosis and calcium deficiency treatments, is expanding. Research and innovation into its formulation for more effective drug delivery systems or combined therapies could create lucrative opportunities in the healthcare sector.
  • Animal Feed Market Growth: The increasing demand for high-quality animal feed, especially in poultry and livestock sectors, presents growth opportunities for tricalcium citrate. Its use as a calcium supplement in animal diets to promote bone strength and productivity is driving demand in agricultural markets globally.

Recent Development

  • ABF Ingredients is a global leader in producing specialty ingredients, including tricalcium citrate. Their focus is on providing high-quality, bioavailable calcium sources for dietary supplements and food applications. They cater to both the health and wellness industry, contributing to the growing demand for functional food ingredients.
  • Adisseo, a major player in the animal feed sector, offers tricalcium citrate as a calcium supplement for livestock and poultry. Their products support animal health by improving bone development and productivity, addressing the growing need for high-quality feed additives in the agricultural industry.
  • Archer Daniels Midland (ADM) is a leading global provider of nutrition and ingredient solutions. They produce tricalcium citrate for dietary supplements and functional foods, focusing on improving the bioavailability of calcium and meeting consumer demands for health-oriented food products.
  • BASF SE manufactures a wide range of chemicals, including tricalcium citrate. The company’s products are used in food, pharmaceuticals, and animal feed industries, providing essential minerals for bone health and overall well-being, aligning with increasing global health trends.
  • BioProcess Algae LLC focuses on algae-based solutions, producing innovative ingredients like tricalcium citrate. Their environmentally sustainable approach positions them as a key player in the growing market for plant-based calcium sources, catering to health-conscious consumers and the food supplement industry.
  • BTSA Biotechnologias Aplicadas S.L. specializes in the production of natural ingredients, including tricalcium citrate, used in health supplements. They focus on high-quality, bioavailable calcium sources, supporting the increasing demand for natural and effective dietary supplements, especially in Europe and beyond.
  • Cargill is a global leader in food and agricultural products, providing tricalcium citrate for use in fortified foods, beverages, and nutritional supplements. Their extensive distribution network helps cater to the growing global demand for calcium-rich ingredients in consumer goods.
  • Croda International plc produces specialty chemicals, including tricalcium citrate, used in food, pharmaceuticals, and cosmetics. Their high-quality ingredients are focused on improving the bioavailability and effectiveness of calcium supplements, catering to the health-conscious consumer market worldwide.
  • DSM is a leading science-based company that offers tricalcium citrate as part of their portfolio of health and nutrition products. Their ingredients are widely used in food, beverages, and supplements, meeting the growing demand for high-quality calcium to support bone health.
  • Epax is known for producing high-quality omega-3 fatty acids and other nutritional ingredients, including tricalcium citrate, for the health and wellness industry. Their products are designed to improve nutrient absorption and support various health applications, including bone and joint health.
  • Farbest Brands is a U.S.-based supplier of raw materials, including tricalcium citrate, to the dietary supplement and food industries. Their focus is on providing premium, bioavailable calcium sources that cater to growing consumer demands for natural and effective nutritional products.
  • Gadot Biochemical Industries specializes in producing functional ingredients like tricalcium citrate. Their products are used in food, pharmaceuticals, and animal feed applications, where they play a key role in calcium supplementation for better health and nutrition.
  • Glanbia Plc is a global nutrition company offering tricalcium citrate for use in dietary supplements, functional foods, and beverages. Their products support the growing consumer demand for bone health, targeting markets focused on wellness, aging populations, and calcium supplementation.
  • Huachang Chemical manufactures a variety of chemical products, including tricalcium citrate, which is widely used in food, pharmaceuticals, and agriculture. Their focus on quality ensures that they meet the growing needs of the dietary supplement and animal feed industries.
  • Huangshi Tianma Chemical specializes in manufacturing calcium-based products, including tricalcium citrate. Their products are primarily used in the food and pharmaceutical industries, contributing to the growing demand for fortified products, particularly in the Asian markets.
  • Innophos Holdings manufactures high-quality tricalcium citrate, used in food, dietary supplements, and pharmaceuticals. Their expertise in nutritional ingredients helps meet the increasing demand for bioavailable calcium products, especially in regions with aging populations and growing health awareness.
  • Jost Chemical produces high-purity tricalcium citrate for various applications in the food and pharmaceutical industries. Their focus on precision manufacturing and high-quality standards ensures their products meet the needs of health-conscious consumers and professional manufacturers.
  • Jungbunzlauer Suisse AG is a leading supplier of organic and natural ingredients, including tricalcium citrate. Their products are widely used in food, beverages, and health supplements, catering to the increasing demand for natural, bioavailable calcium sources for bone and overall health.
  • Kerry Group manufactures food ingredients and nutrition products, including tricalcium citrate, which are used to fortify beverages, snacks, and supplements. Their focus on health and wellness-driven innovations supports the growing market for functional and fortified food products.
  • Lonza Group specializes in life sciences and offers tricalcium citrate in dietary supplements and pharmaceuticals. Their products support bone health, addressing the needs of aging populations and growing awareness about osteoporosis and calcium deficiencies.
  • Nutraceutical Corporation produces a variety of health supplements, including those containing tricalcium citrate. Their products cater to the growing global demand for bone health and overall wellness, providing high-quality calcium supplements for consumers worldwide.
  • Orkla Health is a major player in the Nordic health and wellness market, offering products containing tricalcium citrate. Their supplements support bone health and are targeted at consumers interested in maintaining healthy calcium levels for optimal well-being.
  • Rabar Pty Ltd manufactures specialty chemicals and ingredients, including tricalcium citrate. Their products serve a wide range of industries, including food, pharmaceuticals, and animal feed, where high-quality calcium supplementation is required for optimal nutrition and health benefits.
  • Sankyo Chemical produces various chemical products, including tricalcium citrate, for the food and supplement industries. Their focus is on providing high-purity, bioavailable calcium sources that cater to the growing consumer demand for effective nutritional support.
  • Sierra Chemical Company offers tricalcium citrate, primarily used in food, beverages, and animal feed. Their products help meet the growing need for calcium enrichment in functional foods, as well as supporting bone health and calcium balance in livestock and pets.
  • SternVitamin GmbH & Co. KG is a leading provider of vitamin and mineral solutions, including tricalcium citrate, for the food, beverage, and dietary supplement industries. Their products support the health and wellness sector by offering essential nutrients that promote bone health and overall nutrition.
  • Taj Pharmaceuticals produces various chemicals, including tricalcium citrate, for pharmaceutical and nutritional applications. Their focus is on developing high-quality calcium supplements that address the growing global demand for products supporting bone health and calcium deficiency treatments.
  • Triveni Chemicals manufactures tricalcium citrate used in food, pharmaceutical, and agricultural sectors. Their products cater to the increasing demand for calcium supplements, especially in developing regions where nutritional awareness is on the rise, supporting overall bone and health development.

Conclusion

In conclusion, the Tricalcium Citrate Market is poised for steady growth, driven by increasing consumer demand for dietary supplements, especially for bone health, and its growing applications across various industries like food, pharmaceuticals, and animal feed. The market benefits from its high bioavailability, making it a preferred source of calcium in supplements.

With rising awareness about health and wellness, particularly in aging populations and developing regions, there are significant opportunities for market expansion. However, challenges such as fluctuating raw material prices and regulatory complexities need to be navigated. Overall, as the demand for functional, fortified products continues to rise, tricalcium citrate is well-positioned to capture a larger share of the global market.

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