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Calcium Propionate Market Trends

Report ID: GMI6143 Published Date: July 2023Report Format: PDF
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Summary
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Calcium Propionate Market Trends

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.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Why is the demand for powdered calcium propionate gaining traction?+

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.

What is the size of the calcium propionate market?+

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.

How big is the U.S. calcium propionate industry?+

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.

Who are the major calcium propionate business players?+

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.

Calcium Propionate Market Scope

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