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The global calcium sulphite industry is anticipated to witness a growth in the forecast period owing to factors like the rising demand for ready-to-eat food. The increasing disposable incomes and fast-changing lifestyles have led to this shift towards the consumption of convenient and ready-to-eat food products. The excellent antioxidant properties of calcium sulphite are facilitating its entry into the food and beverage industry.
The ready-to-eat food segment has shown substantial growth, especially in the Asia Pacific region. The Indian ready-to-eat market is being led by domestic food companies, but even Nestle India has now ventured into the space under its brand Maggi, a synonym for instant noodles. Nestlé (OTCMKTS: NSRGY) launched instant poha and upma in December 2020. The two local breakfast dishes were launched in the ready-to-eat format to expand Maggi’s portfolio and take on the local rivals. The ready-to-eat segments of Nestlé and other major food and beverages companies have especially witnessed a boost during the ongoing COVID-19 pandemic. This is expected to propel the growth of the calcium sulphite industry further.
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The major players in the global calcium sulphite market are Zibo Onlyzone Water Treatment Technology Co. Ltd., Haihang Industry Co. Ltd., Tateho Chemical Industries Co. Ltd., Yoshino Gypsum Co. Ltd., and MP Biomedicals, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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