Product Code: ETC381149 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Coral calcium has been gaining popularity among health conscious population not only within Philippines but also across other countries due its high content of important minerals like magnesium and calcium which are beneficial for bone health maintenance? ?and improvement??. According to report published by 6wresearch, coral calcium supplement sales grew more than 24 % between 2014-2025 reaching an estimated value of USD 6 million with highest growth being seen within private labels compared other brands. Currently there are many local players offering coral calcium supplements along with multinational companies such as GNC, Nature?s Way, Rainbow Light etc.
The Philippines coral calcium market is driven by the increasing health-consciousness among consumers. Coral calcium is promoted as a natural source of calcium and other trace minerals essential for bone health. The rising awareness of osteoporosis and bone-related issues has led to a demand for dietary supplements that support bone strength. However, concerns about the environmental impact of coral harvesting also play a role in shaping this market`s dynamics.
In the Philippines coral calcium market, sustainability is a critical challenge. Irresponsible harvesting of coral reefs for calcium can lead to irreversible damage to marine ecosystems. The market must find ways to promote ethical and eco-friendly sourcing practices. Additionally, educating consumers about the benefits of coral calcium and the importance of preserving coral reefs poses a communication challenge.
The Philippines coral calcium market faced challenges brought about by the pandemic. The decline in tourism and international trade hindered the export of coral calcium products. Travel restrictions impacted the collection of coral and the production process, causing supply constraints. The market also encountered a shift in consumer preferences towards locally sourced and sustainable products, influencing the demand for coral calcium. This market segment struggled to regain momentum amidst ongoing uncertainties related to the pandemic and a heightened focus on environmental conservation.
Coral calcium is derived from fossilized coral reefs and is often marketed as a dietary supplement due to its calcium and mineral content. It`s claimed to have health benefits, although scientific evidence might be limited. Key players in this market could include Puritan`s Pride Philippines, Coral Club Philippines, and Coral White Philippines.