Product Code: ETC198636 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India calcium iodide market was estimated to be worth approximately US$35 million in 2025 and is expected to grow at a CAGR of 8.1%. The growth can be attributed to its increasing demand from the pharmaceutical sector due to its high iodine content, as well as growing applications in animal feed supplements. Additionally, rising awareness about food safety has driven up demand for calcium iodide-based animal feed additives over recent years. Moreover, adequate availability of raw materials such as hydrochloric acid and limestone will further drive industry growth across India.
One major driver behind the growth of calcium iodide industry in India has been rising demand from pharma companies looking for alternative sources of iodine. Calcium Iodide has become increasingly popular due to its superior solubility compared with other sources like potassium or sodium salts which are often used instead. Additionally, it also provides better bioavailability than these alternatives making it more economical for manufacturers which helps explain why demand for this product continues to increase despite volatile prices on international markets over recent years. Increasing Use In Animal Feed Supplements: Another key factor driving up sales volume within India calcium iodide market has been surging interest amongst local farmers seeking out cost-effective ways to meet their livestock nutrition needs without compromising quality standards set by regulators around trace minerals such as iodine that are essential components contained within all forms living beings require regular replenishment through diet supplementation or otherwise known commercially available products referred variously as ???animal feeds` or `feed additives`. Thus there exists considerable potential particularly amongst small farmers who may not have access sophisticated tech-driven solutions but yet seek cost effective means nourish their herds economically while still ensuring best quality standards prevail throughout production cycles well beyond sale into open markets thereafter where potential customers shall decide whether purchase decisions must eventually rest upon either price points alone/or levels nutritional value found therein deciding factors alike worthy consideration before any definitive buying choices made accordingly ultimately providing impetus towards even higher levels sales volumes potentially.
However, there are certain challenges faced by manufacturers in India while producing high quality calcium iodide due to lack of technological advancements and stringent environmental regulations. Moreover, Covid-19 pandemic is expected to have negative impact on India Calcium Iodide Market as it will lead to disruption in supply chain and hamper production activities which may further hinder the growth of this industry.
The key players operating in India Calcium Iodide Market include Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Surya Pharmaceuticals Ltd., Himachal Drug Labs Pvt Ltd., Shree Maruti Remedies Pvt. Ltd., Ananta Drugs Private Limited and others.
The COVID-19 pandemic has had a significant impact on India calcium iodide market. With the lockdown restrictions imposed in the country, many industries have seen a sharp decrease in demand for products and services. As such, there has been an overall decrease in industrial activity, leading to decreased demand for calcium iodide as well. Furthermore, with reduced economic activity due to the pandemic, consumption of dietary supplements and health drinks that contain ingredients like calcium iodide has also declined significantly. This has further compounded the effect of reduced industrial usage on the calcium iodide market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Calcium Iodide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Calcium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 India Calcium Iodide Market - Industry Life Cycle |
3.4 India Calcium Iodide Market - Porter's Five Forces |
3.5 India Calcium Iodide Market Revenues & Volume Share, By By Types, 2021 & 2031F |
3.6 India Calcium Iodide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Calcium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Calcium Iodide Market Trends |
6 India Calcium Iodide Market, By Types |
6.1 India Calcium Iodide Market, By By Types |
6.1.1 Overview and Analysis |
6.1.2 India Calcium Iodide Market Revenues & Volume, By By Types, 2021-2031F |
6.1.3 India Calcium Iodide Market Revenues & Volume, By Purity less than 99%, 2021-2031F |
6.1.4 India Calcium Iodide Market Revenues & Volume, By Purity more than 99%, 2021-2031F |
6.2 India Calcium Iodide Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Calcium Iodide Market Revenues & Volume, By Emulsion, 2021-2031F |
6.2.3 India Calcium Iodide Market Revenues & Volume, By Extinguishing Agent, 2021-2031F |
6.2.4 India Calcium Iodide Market Revenues & Volume, By Analytical Reagent, 2021-2031F |
6.2.5 India Calcium Iodide Market Revenues & Volume, By Desiccant, 2021-2031F |
6.2.6 India Calcium Iodide Market Revenues & Volume, By Others, 2021-2031F |
7 India Calcium Iodide Market Import-Export Trade Statistics |
7.1 India Calcium Iodide Market Export to Major Countries |
7.2 India Calcium Iodide Market Imports from Major Countries |
8 India Calcium Iodide Market Key Performance Indicators |
9 India Calcium Iodide Market - Opportunity Assessment |
9.1 India Calcium Iodide Market Opportunity Assessment, By By Types, 2021 & 2031F |
9.2 India Calcium Iodide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Calcium Iodide Market - Competitive Landscape |
10.1 India Calcium Iodide Market Revenue Share, By Companies, 2024 |
10.2 India Calcium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |