Calcium Glycerophosphate Market Size

Calcium Glycerophosphate Market size was valued at USD 68.26 Million in 2023 and is set to exceed USD 112.25 Million by the end of 2036, registering over 3.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of calcium glycerophosphate is estimated at USD 70.92 Million. The growth of the market can be attributed primarily to the widespread consumption of soft drinks and beverages containing low pH levels which requires a higher amount of glycerophosphate to remove harmful properties from the liquid. For instance, a wide range of ready-to-drink (RTD) products, such as Cold Brew Coffee (which has a pH level of 5), have grown by 20% in 2017 and by 2022, the growth is expected to increase to 68% of all such products introduced.

Calcium glycerophosphate is a fine and white powder composed of calcium salts of glycerophosphoric acid. In addition to serving as a protective agent against tooth decay, it is also used to neutralize acidic foods after being consumed. Furthermore, the increasing expenditure on consumer products coupled with the rise in per capita income is expected to fuel the global calcium glycerophosphate market growth during the forecast period. It was observed that, in January 2022, spending on consumer goods in the United States increased from approximately 7.5, compared to a decline of around 6.5% in December 2021.