Calcium Propionate Market Poised to Grow at a CAGR of 5% by 2024
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By admin
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January, 1970
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
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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
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Bakery Products
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Beverages
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Animal Feed
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Packaged Food
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Dairy & Frozen Desserts
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Meat, Fish, And Seafood Products
Global Calcium Propionate Market by
Form
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Liquid
· Dry
Companies Profiled in the Report
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The Dow Chemical Company
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ABF Ingredients
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AB Mauri
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Macco Organiques Inc.
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Niacet Corporation
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A.M. Food Chemical Co. Ltd.
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BASF SE
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Bell Chem
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Shandong Tong Tai Wei Run Chemical
Co., Ltd.
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Kemin Industries
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