Global Calcium Inosinate Market to Grow to Around USD 1350 Million by 2030

The global calcium inosinate market size was worth around USD 1000 million in 2021 and is predicted to grow to around USD 1350 million by 2030 with a compound annual growth rate (CAGR) of roughly 3.85% between 2022 and 2030.

Calcium inosinate is a flavor enhancer intensifying the taste of food items. It does not have a taste of its own and acts as a catalyst. There are some food additives that are centuries old while some are artificially prepared, influenced by product innovation in the food sector. They help in maintaining the quality of the food for longer durations and may sometimes be added during the manufacturing process, or during storage and transportation. Calcium inosinate is a colorless powder and is crystalline.

It is mostly present in animals and occurs naturally, however it can also be processed artificially through bacterial fermentation. For commercial use, it is generally derived from Torula yeast cells, which are grown on alcohol in the United States to generate Nucleotide which is eventually used in baby formula for infants. This is one of the reasons why some religious segments refrain from consuming food items having calcium inosinate as a food additive. But in European territories, when it is produced from Torula yeast found on sugarcane, it does not have the same implications as the sample drawn from alcohol.

Covid-19 slowed down the growth of the global market cap. The product in itself is highly controversial in various countries and added restrictions like temporary closure of food manufacturing units, and disruption in the supply chain of the final good as well as the raw material, amongst other issues, caused the market to witness an even slower growth during the peak of the pandemic.

The global calcium inosinate market is projected to grow owing to the growing food consumption rate, and the specialty of packaged and canned food items in growing economies. Many countries have banned the use of the product, however, a lot of developing regions allow the use of calcium inosinate in appropriate proportions, driven by the prevalence of high economic instability and growing demand for food products. Food manufacturing giants are currently targeting growing regions that are in the process of catching up with the pace of developed economies.

Exhaustive marketing penetration strategies help companies create a large consumer database. The global market cap may also register higher growth due to various research & development activities to understand the exact health implications that over-consumption of calcium inosinate may have and find ways to deal with restrictions arising in higher adoption of the compound. Growing product innovation in the food segment which is striving toward meeting the growing demand from consumers may also help generate high revenue.

The nonuniform take of governments on taste enhancers may restrict global market expansion while the growing number of restaurants is expected to provide expansion opportunities. The rising health concerns related to the overconsumption of food additives may challenge global market growth

The global calcium inosinate market is segmented based on end-user, application, and region

Based on end-user, the global market is divided into food manufacturing companies, hotels, cafes, and others, with food manufacturing companies generating the highest revenue. Danone, a food manufacturing giant registered a revenue of USD 28.3 billion in 2020

Based on application, the global market segments are oil & fats, spreads, canned & semi-cooked products, ready-to-eat, and desserts. The market is led by canned and semi-cooked products. As of 2020, more than 217 million of the American population is known to consume canned food items

The global calcium inosinate market is projected to register higher growth in Asia-Pacific where China is expected to lead the regional growth driven by the rising awareness amongst the population about flavor enhancers. The growing food sector of the country is anticipated to propel regional revenue even further since the number of consumers in the country is increasing exponentially. By 2030, the population of the country may reach around 1.46 billion.

There are indications that population decline is reaching the peak value, but other aspects of the country like less import of goods in all possible segments may help the country to keep the global market growth trend going. Developed economies like the United States have currently banned the use of the compound as a food additive or taste enhancer, however, growth in emerging countries may drive the demand for calcium inosinate

The global calcium inosinate market is home to players like The TNN Development Ltd., Gulshan Polyols Ltd. (GPL), Triveni Interchem Pvt. Ltd., Nanjing Jiayi Sunway Chemical co., A.M. Food Chemical (Jinan) co., Ltd., Henan Fengbai Chemical Co., Ltd., Qingdao Develop Chemistry Co., Shenyang Kinetika Biotech Co., Ltd., Ltd., Shaanxi Top Pharm Chemical Co., Ltd., and Hugestone Enterprise Co., Ltd.

Recent Developments:

• In March 2022, Lycored, a leader in the studies and development of wellness products dealing with carotenoid and lycopene supplements, announced the launch of a new organic taste enhancer Sante, as a tomato serum, and Clear Tomato Concentrate (CTC) designed especially for the pizza industry. The products aim to reduce the amount of sugar and salt present in crust recipes and sauces.
• In October 2019, Cargill, a US-based international food corporation, introduced Clearflo in the food market. The product is claimed to deliver flavor-enhancing results in the stevia segment.

This review is based on a report by Zion Market Research, titled “Calcium Inosinate Market By Application (Oil & Fats, Spreads, Canned & Semi-Cooked Products, Ready-to-Eat, and Desserts), By End-User (Food Manufacturing Companies, Hotels, Cafes, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/calcium-inosinate-market

The global calcium inosinate market is segmented as follows:

By Application

• Oil & Fats
• Spreads
• Canned & Semi-Cooked Products
• Ready-to-Eat
• Desserts

By End-User

• Food Manufacturing Companies
• Hotels
• Cafes
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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