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Calcium Propionate Market size was valued at around USD 330 million in 2022 and is anticipated to grow at a CAGR of over 5.1% between 2023 and 2032. The expanding global food industry is a significant driver for calcium propionate. As the demand for processed and packaged food products continues to rise, the need for food preservatives like Calcium Propionate increases. With the rising demand for meat, dairy, and poultry products, the demand for Calcium Propionate as a feed preservative is expected to grow. Growing consumer awareness regarding food safety, quality, and health concerns also contributes to the demand for calcium propionate.
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Calcium Propionate plays a crucial role in extending the shelf life of perishable food items. With consumers seeking convenience and longer-lasting food products, food manufacturers use Calcium Propionate to maintain the quality, freshness, and safety of their products.
Report Attribute | Details |
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Base Year: | 2022 |
Calcium Propionate Market Size in 2022: | 330 million USD |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 5.1 |
2023 Value Projection: | 542 million USD |
Historical Data for: | 2018 to 2022 |
No of Pages: | 180 |
Tables, Charts & Figures: | 196 |
Segments Covered: | From, Purity, Application, Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The cost of raw materials, production, and supply chain logistics can impact the price of calcium propionate. Price volatility in the market can influence the purchasing decisions of customers and affect the profitability of manufacturers. Managing price fluctuations and ensuring cost-effectiveness are crucial challenges for the industry. There have been occasional concerns regarding the potential health effects of calcium propionate, including allergic reactions or adverse effects on the digestive system. These concerns can lead to increased regulatory scrutiny and stricter regulations on the use of calcium propionate in food and feed applications. The rising consumer demand for clean label and natural food products presents a challenge for Calcium Propionate. Some consumers prefer food products with minimal or no synthetic preservatives, including Calcium Propionate. Thus, the high-end pricing and risks associated with Calcium Propionate instruments may drive down the acceptance, further hampering the calcium propionate market growth.
The pandemic resulted in disruptions in global supply chains, including the transportation and distribution of Calcium Propionate and its raw materials. Lockdown measures, travel restrictions, and reduced workforce in manufacturing facilities and logistics operations affected the availability and timely delivery of Calcium Propionate products. Temporary closures, reduced production capacities, and workforce challenges in food processing plants affected the demand for Calcium Propionate used as a food preservative. The restrictions on food establishments and changes in consumer eating habits had a direct impact on the demand for food preservatives. The food industry, which is a major consumer of Calcium Propionate, experienced shifts in demand. While there was increased demand for packaged and processed food products during the initial phases of the pandemic, certain sectors such as foodservice and hospitality faced significant declines. These fluctuations in demand impacted the overall market. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the industry share in the upcoming years.
The importance of food safety and extending the shelf life of food products has gained significant attention. Calcium Propionate offers effective mold and bacterial inhibition, making it a sought-after preservative in the food industry. Manufacturers are increasingly incorporating Calcium Propionate into their products to ensure longer shelf life and maintain product quality and safety. Developing regions, such as Asia Pacific and Latin America, are witnessing increased consumption of processed food products. This is driving the demand for preservatives like Calcium Propionate to ensure food safety and longer shelf life. Rapid urbanization, changing lifestyles, and a shift towards convenience foods are factors contributing to the growth of the calcium propionate market in these regions. Calcium Propionate is not only used in the food industry but also finds applications in animal feed as a preservative. The growing demand for meat, dairy, and poultry products, especially in emerging markets, is driving the need for Calcium Propionate as a feed additive. It helps prevent the growth of mold and fungi in animal feed, ensuring feed quality and safety. Thus, the growing prevalence of preserved food and increasing usage of preservatives is expected to expedite the Calcium Propionate industry expansion.
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Based on form, the calcium propionate market is segmented as powdered, granular, and liquid. The powdered segment held a majority market value of USD 120 million in 2022. Powdered calcium propionate offers a cost-effective and efficient solution for preserving convenience food items, meeting the demands of busy lifestyles. With the increasing consumption of bakery products, including bread, cakes, pastries, and cookies, there is a parallel rise in the demand for preservatives like calcium propionate to ensure their longer shelf life. The demand is driven by the need to extend the shelf life of bakery products, processed foods, and dairy products. The rising consumption of packaged and processed foods globally is a key driver for powdered calcium propionate. These foods often require longer shelf life and protection against microbial spoilage. Moreover, an increasing number of processed food consumption and packaged food will further accelerate the segmental expansion.
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Based on purity, the calcium propionate market is segmented as food grade, feed grade, pharmaceutical grade, and industrial grade. The food grade segment held a dominant market share of around 35% in 2022 and is expected to grow at a lucrative pace by 2032. The primary demand driver for food-grade calcium propionate is its role as a food preservative. The need to maintain the freshness and quality of bakery products, processed foods, dairy products, and other food items drives the demand for food-grade calcium propionate. Feed-grade calcium propionate is primarily used as a feed preservative to prevent the growth of mould and bacteria in animal feed. Calcium propionate can be used as an active ingredient in certain pharmaceutical formulations due to its antimicrobial properties and potential health benefits.
Based on end-use the calcium propionate market is segmented as food & beverage industry {Bakery Products, Dairy Products, Meat and Poultry Products, Snacks and Confectionery, Beverages}, Animal Feed Industry {Poultry, Swine, Cattle, Aquaculture}, Pharmaceuticals, Agrochemicals. The food and beverage industry segment held a dominant market share in 2022 and is anticipated to grow at 6.6% CAGR by 2032. Calcium propionate is commonly used in bakery products, including bread, cakes, pastries, and dough-based items. Processed food products, such as ready-to-eat meals, snacks, and convenience foods, often incorporate calcium propionate as a preservative. Calcium propionate may be used in dairy products, such as cheese, yogurt, and other dairy-based items, to prevent spoilage and maintain their quality. Thus, the growing usage of Calcium Propionate at food industries and other industries are anticipated to expedite the business growth.
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U.S. dominated the North American region with majority calcium propionate market share and a revenue of USD 125 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. North America has a well-established and thriving food and beverage industry. The expanding food and beverage sector in North America fuels the demand for calcium propionate as an effective preservative. There is a growing consumer preference for clean label and natural food products in North America. The consumption of packaged and processed foods is on the rise in North America due to busy lifestyles and changing dietary habits. The animal feed industry plays a crucial role in North America, given the region's large livestock and poultry farming sector. The demand is driven by the growing animal feed industry, which requires effective feed preservation solutions to ensure optimal animal health and nutrition.
Some of the major market players operating in the calcium propionate market are:
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Calcium Propionate market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments:
By Form
By Purity
By Application
The above information is provided for the following regions and countries: