Lactate Salts Market Analysis

Lactate Salts Market Analysis

Calcium lactate will generate over USD 340 million in 2027 owing to its use in the food, cosmetic, and pharmaceutical industries. Calcium lactate is used as a food additive to stabilize, increase flavor, thicken, or leaven foods. The growing use of calcium lactate can also attribute to its use as a calcium source in the pharmaceutical segment.
 

Calcium lactate has various advantages compared to other calcium salts including better palatability with texture, low astringency, low toxicity, and higher stability. A large amount of calcium is necessary during pregnancy, lactation, and during the growth period. Inadequate calcium can lead to imperfect calcification of teeth & bones and may lead to rickets. Calcium lactate is used as tonics, multivitamins, sedatives, and as hematinic in the pharmaceutical market. It is used in the food sector to enhance the health & nutrition value of various foods such as baby foods, biscuits, juices, and health foods.
 

The food & beverages segment accounts for over 60% share in lactate salts market volume. The growing penetration of lactate salts in the food sector primarily in many emerging economies, such as China, India, Vietnam, Indonesia, Brazil, is expected to further drive the market for lactate salts during the projected period.
 

Lactate salts are utilized as preservatives and pH regulators in the food sector. They are also used as an emulsifier, humectant, flavor enhancer, and antioxidant. Lactate salts increase the shelf life of food products by reducing the effects of bacteria and microorganisms on food products. Lactate salts are generally recognized as safe by the U.S. FDA. Rising population, changing consumer interests, and increasing spending propensity will trigger demand in the food sector, thereby augmenting the lactate salts market growth over the coming years.
 

Asia Pacific will witness over 9% CAGR by 2027. Growing consumption of lactate salts by the food, cosmetic & pharmaceutical sectors coupled with growing economies in the region is further expected to drive the demand for lactate salts. The presence of many small and medium-scale producers of lactate salts in the region will have a positive impact on the lactate salts industry.
 

Emerging countries in Asia Pacific, such as China and India, are some of the largest consumers of lactate salts. The pharmaceutical sector in these countries is rapidly developing owing to which these two economies are the largest exporters of calcium lactate. The rising food processing business in South Asian countries, such as Myanmar, Taiwan, and Indonesia, is also driving the demand for lactate salts.