Transparency Market Research in its new report titled, “Calcium Phosphate Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the calcium phosphate market. The TMR report anticipates that the wide acceptance of calcium phosphate, low product pricing, rising demand for healthy and nutritional food products, rise in orthopedic disorders, increasing use for calcium phosphate as diluents in drug formulations, and growing per capita and health care expenditure will drive the calcium phosphate market during the forecast period i.e, 2018-2026.
The report says that government initiative in conducting awareness programs, growing geriatric population, and rising application of calcium phosphate in the pharmaceutical industry, including dental, orthopedic, tissue regeneration, etc. are also expected to further boost the global calcium phosphate market. Governments, private organizations, and associations worldwide are taking measures to create awareness about oral health. For instance, the Centers for Disease Control and Prevention (CDC) partnered with the American Dental Association and the American Academy of Periodontology to improve and sustain surveillance of periodontal diseases in among the adult population in the U.S. On the other hand, the drug insoluble characteristics may hinder the market growth. For Instance calcium phosphate is insoluble in aqueous media at neutral or alkaline PH, which can impact on drug efficacy.
The TMR report has segmented the global calcium phosphate market based on product type, end-user, and geography. Based on product type, the calcium phosphate market is divided into mono calcium phosphate, di calcium phosphate, and tri calcium phosphate. In terms of end-user, the calcium phosphate market is split into pharmaceutical industry, nutraceutical industry, food industry, and others. In terms of geography, the global calcium phosphate market is classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. As per the report, North America dominates the global calcium phosphate market. Factors such as large geriatric population resulting in rising demand for bone and joint health supplements, increased research & development activities, and high consumption of nutritional products are likely to drive the calcium phosphate market in the region during the forecast period.
According to the Centers for Disease Control and Prevention, an estimated 78.4 million adults are likely to be affected by arthritis by 2040. Europe is the second leading market for calcium phosphate. Factors such as increasing government focus on public health and rising investment in the pharmaceutical sector are the key drivers of the calcium phosphate market in the region. The calcium phosphate market in Asia Pacific is expected to expand at a rapid pace during the forecast period due to rise in health care awareness among people, increase in health care expenditure, upsurge in demand for bone and joint supplements, prevalence of bone diseases, and growth of geriatric population, especially in Japan. According to the Statistics Bureau, Ministry of Internal Affairs and Communications, Japan, the aged population (65 years and over) was 34.59 million in the country, constituting 27.3% of its total population in 2016. Some of the major players operating in the calcium phosphate market areAdvance Inorganics, Nitta Gelatin India Limited, The Mosaic Company, Merck KGaA, Chemische Fabrik Budenheim KG, Gadot Biochemical Industries LTD., and Innophos Holdings, Inc.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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