Calcium Propionate Market Poised to Grow at a CAGR of 5% by 2024

Calcium Propionate Market Poised to Grow at a CAGR of 5% by 2024


Infinium Global Research has added a new report on Calcium Propionate Market . The report presents analysis of global as well as regional markets of calcium propionate market over the period of 2016 to 2024. Calcium propionate is a food additive that acts as an antimicrobial agent. It is used as a preservative in bread and other baked goods. It helps to keep baked goods fresh by preventing mold. It reduces the growth of the bacteria and fungi and helps in increasing the shelf life of the food. Calcium propionate is less toxic as compared to other preservatives. Other preservatives such as sodium propionate are acidic to the eye, mucous membranes and skin. Calcium propionate can also be used as a pesticide for plants. Besides this, it avoids the spread of milk fever disease among cows. It is also used as a feed supplement for animals.

 

Increasing applications of calcium propionate in food preservative sector are driving the growth of the market. Further, rising consumer preferences for fresh food products and growing health concerns joined with changing consumer lifestyle are also boosting the growth of Calcium Propionate market. Additionally, this market is enormously growing, owing to the increasing inclinations of consumers towards hygiene, and fresh food. Furthermore, it also increases the shelf life of the product. Moreover, on the flip side, the shortage of raw materials and its increasing prices are hampering the production of calcium propionate market.

 

In terms of geographies, North America accounted for the highest market share in the calcium propionate market. It is one of the largest consumers and exporters of calcium propionate. In North America region factors such as increasing consumption of bakery food, growing concerns regarding food-related health issues and growing demand for ready-to-eat meals are driving the growth of Calcium propionate market in this region. While Asia Pacific region is predictable to be the second-largest market for calcium propionate, followed by North America.  Further, in Asia Pacific region growing consciousness concerning calcium propionate and its benefits, and growing inclination towards western consumer lifestyle are indirectly affecting their food and consumption habits in this region. This, in turn, is driving the growth of the market in this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global calcium propionate market  but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

 

Get 15% discount for early purchase of global calcium propionate market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1798

 

The recent report identified that North America dominated the global calcium propionate market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the calcium propionate market worldwide.

 

The report segments the global calcium propionate market on the basis of Application and Form.

 

Global Calcium Propionate Market by Application

·         Bakery Products

·         Beverages 

·         Animal Feed 

·         Packaged Food

·         Dairy & Frozen Desserts

·         Meat, Fish, And Seafood Products

 

Global Calcium Propionate Market by Form

·         Liquid

·         Dry 


Companies Profiled in the Report

·         The Dow Chemical Company

·         ABF Ingredients

·         AB Mauri 

·         Macco Organiques Inc. 

·         Niacet Corporation

·         A.M. Food Chemical Co. Ltd.

·         BASF SE

·         Bell Chem

·         Shandong Tong Tai Wei Run Chemical Co., Ltd.

·         Kemin Industries

 

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