In the first quarter of 2023, the calcium acetate market in Asia experienced mixed trends, starting positively due to improved production and demand after lunar holidays, but gradually declined due to increased inventories and lower upstream costs. This trend continued in the second quarter due to excess inventory pressuring traders to sell at lower rates. Similarly, in Europe, high initial demand drove prices up, but declining demand, stockpiling, and weakened market sentiment led to a decline in the second quarter. North America also started positively with strong domestic demand but suffered in the second quarter due to production surpassing demand, rising inventories, and limited orders.
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Definition
Calcium acetate, with the formula Ca(C2H3O2)2, is a white crystalline powder. It is soluble in water and has a slightly acetic odor. In its solid form, it appears as a fine, white powder. It is stable under normal conditions and decomposes at high temperatures. Calcium acetate is used as a food additive and pharmaceutical ingredient due to its ability to regulate acidity, act as a binder, and control phosphate levels. It plays a crucial role in stabilizing food products and managing medical conditions while maintaining safety and regulatory standards.
Key Details About the Calcium Acetate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on calcium acetate price forecast. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Calcium Acetate Price Index, including India Calcium Acetate price, USA Calcium Acetate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Calcium Acetate Price Trend:
Calcium acetate has various industrial applications primarily related to its roles as a food additive and a pharmaceutical ingredient. In the food industry, it is used as a preservative, firming agent, and stabilizer in products like baked goods, confectionery, and processed meats. Calcium acetate is also employed in the pharmaceutical sector, where it serves as an active ingredient in medications and supplements. It's commonly prescribed as a phosphate binder for managing phosphate levels in patients with kidney disease. Additionally, calcium acetate finds limited use in chemical processes, wastewater treatment, and as a buffering agent in some industries due to its properties and chemical stability.
Key Players:
- Penglai Marine Bio-Tech
- Wuxi Yangshan Biochemical
- Anhui Hongyang Chemical
- Dr. Paul Lohmann GmbH KG
- Perrigo Company
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