Calcium Formate Market Size Worth $ 1.25 Billion By 2032 | CAGR: 5.3%

The global calcium formate market size is expected to reach USD 1.25 billion by 2032, according to a new study by Polaris Market Research. The report “Calcium Formate Market Share, Size, Trends, Industry Analysis Report, By Grade (Industrial Grade, Feed Grade), By Application (Feed Additive, Concrete Additive), By End-use (Construction, Leather & Textile), By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Calcium formate is becoming increasingly popular as a feed additive. Its diverse properties, aiding in enhanced digestibility, growth promotion, & disease prevention, have resulted in its growing utilization as a valuable supplement in the animal nutrition. One of its primary benefits lies in its capacity to enhance the digestibility of the animal feed.

By optimizing the digestion process, calcium formate enables animals to extract maximum nutrients from their diet. This enhanced nutrient absorption leads to improved growth rates, as the animals can efficiently utilize the nutrients they consume. Additionally, it enhances feed efficiency, meaning animals require fewer resources to achieve the desired growth. Consequently, this improved digestion and nutrient absorption contribute to higher productivity in livestock, making it an asset for the livestock industry.

The use of this product as a feed additive provides environmental benefits by reducing the environmental impact associated with livestock production. When included in animal diets, it improves nutrient absorption and reduces nutrient excretion. In typical livestock farming, animals may not fully absorb all the nutrients from their feed, leading to excess nutrients being excreted. These excess nutrients, when released into the environment through animal waste, pose a risk of water and soil pollution.

By enhancing nutrient absorption in animals, the product ensures that more nutrients from the feed are utilized by the animals for growth and development. This means there are fewer excess nutrients that get excreted into the environment. Consequently, the product helps minimize the release of these excess nutrients, reducing the risk of water and soil pollution associated with livestock production.

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Growing utilization as a feed additive is also attributed to its positive impact on animal growth and performance. Research studies have demonstrated that when this product is incorporated into the animal's diet, it stimulates the growth of beneficial gut bacteria and enhances gut health. A healthy gut is crucial for effective nutrient absorption. By promoting the growth of beneficial gut bacteria, the product optimizes the digestion process, allowing animals to utilize nutrients more efficiently. This improved nutrient utilization leads to several positive outcomes, including accelerated growth rates, enhanced weight gain, and overall better performance in animals.

Calcium Formate Market Report Highlights

• Leather & textile held the largest share, as it is extensively used for dyeing and PH controller
• Feed additive segment dominated the market, as it nutritional benefits for the livestock, and maintains digestive health
• Asia pacific garnered the largest share, owing to rise in infrastructure activities, residential and office spaces
• The global players include LANXESS, Perstorp Holding, Henan Botai Chemical, American Elements, Minerals Technologies, and Cerne Calcium Company.

Polaris Market Research has segmented the calcium formate market report based on grade, application, end use, and region:

Calcium Formate, Grade Outlook (Revenue - USD Billion, 2019 - 2032)

• Feed Grade
• Industrial Grade

Calcium Formate, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Feed Additive
• Concrete Additive
• Textile Dyeing & Finishing
• Others

Calcium Formate, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Construction
• Leather & Textile
• Animal Husbandry
• Power Generation
• Others

Calcium Formate, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Calcium Formate Market Report Scope