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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.
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.
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.
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.