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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.
Powdered calcium propionate market generated USD 120 million in 2022 and is set to expand at considerable growth rate through 2032 attributed to the growing need to extend the shelf life of bakery products, processed foods, and dairy products.
Market size for calcium propionate was worth USD 330 million in 2022 and is projected to reach USD 542 million by 2032 driven by the booming food manufacturing sector along with the high demand for processed and packaged food products worldwide.
U.S. market for calcium propionate reached USD 125 million in 2022 and is anticipated to expand significantly from 2023-2032 owing to the presence of well-established F&B industry and the increasing consumer preference for clean label and natural food products.
Some of the top firms operating in the calcium propionate industry include Holding AB, Mauri, Addcon GmBH, ABF Ingredients, Cargill Corporation, Macco Organiques Inc, Niacet Corporation Monin Inc., among others.