Calcium gluconate is the calcium salt of gluconic acid. In order for the product to be registered as a food fortificant, it must be prepared at high purity, i.e. without the presence of by-products that are unregistered. An important disadvantage of calcium gluconate is that it is relatively costly to produce. For the production of calcium gluconate an enzymatic process is preferred because of its high specificity and the resulting high purity of the product. However, the solubility of calcium gluconate under the conditions required for optimal enzymatic conversion (pH 5-7, 30-35°C.) is only 40 g/L. Calcium Gluconate can be used in Food, Beverage, Pharmaceutical, Health & Personal care products, Agriculture/Animal Feed/Poultry.
The international market for calcium gluconate can be divided largely on the basis of application, end use, in addition to the available form. On the basis of the end use, the market for calcium gluconate may be additionally divided into bulking agent, emulsifier, and thickening agent. The global market for calcium gluconate is projected to grow as a result of the mounting demand from different end-use industries with the highest demand expected from pharmaceutical and food and beverages. The major global key players in this space include: Noah Technologies Corporation, Aaron Industries, Inc. AKZO Nobel Chemicals Inc, American Biorganics, Inc, Coyne Chemical, Alfa Aesar, PMP Fermentation Products, Inc and Glucona America, Inc. These companies are staying competitive by developing innovative market, which include mergers and acquisitions, new product development, joint ventures, and expansion. Thus, as an entrepreneur this project offers an exciting opportunity to you.
Few Indian major players are as under
· Chemicals & Plastics India Ltd.
· Kowa India Pvt. Ltd.
· Naveen Enterprises Ltd.
· New Alliance Dye Chem Pvt. Ltd.
· Prathista Inds. Ltd.