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Global Calcium Sulphite Market to Grow at a Healthy Rate During 2021-2026, Driven by the Increasing Demand for Ready-To-Eat Food

According to a new report by EMR titled, ‘Global Calcium Sulphite Market Report and Forecast 2021-2026’, the global market for calcium sulphite is expected to be driven by the food additives market, which is estimated to grow at a CAGR of 6% between 2021 and 2026 to reach a value of USD 65 billion by 2026.

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.

Market Analysis by Grade, Functionality, End Use, and Region:

  • The market based on grade can be divided into industrial and food grade, among others.
  • The major segments of the market based on functionality are reducing agent, preservative, bulking agent, and bleaching agent, among others.
  • The major end-use sectors in the industry are food and beverage, water treatment, paper and pulp, pharmaceuticals, and building and construction, among others.
  • The regional markets for calcium sulphite include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The calcium sulphite industry is being driven by the rising demand for ready-to-eat food.
  • The rising consumer disposable incomes and changing lifestyles are further aiding the market growth.
  • Increased usage of calcium sulphite as an antioxidant in the food and beverage industry is propelling the market growth.
  • The market is expected to witness further expansion in the coming years due to a huge increase in FDI investments in the building and construction industry, especially in developing regions.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for calcium sulphite for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the grades, functionalities, end-uses, and regional markets of calcium sulphite.
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

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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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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