Calcium Propionate Market to Reach USD 487.0 million, at a 3.9% CAGR By 2031 - Transparency Market Research, Inc.

News provided by

Dec 05, 2023, 11:16 ET

Consumer demand for healthier food choices and ingredient transparency drives calcium propionate usage in food products.

WILMINGTON, Del., Dec. 5, 2023 /PRNewswire/ -- The global calcium propionate market is estimated to flourish at a CAGR of 3.9% from 2023 to 2031. According to Transparency Market Research, sales of calcium propionate are slated to total US$ 487.0 million by the end of the aforementioned period of assessment. Evolving consumer dietary habits, specifically the rise in gluten-free and low-carb diets, spur demand for calcium propionate in alternative flour and grain-based products.

Advancements in livestock farming practices prompt increased usage of calcium propionate in animal feed to maintain animal health and productivity. The market also sees traction from the pet food industry, leveraging calcium propionate for its preservative properties in pet treats and feed formulations, addressing pet owners' concerns regarding pet health and food safety.

Download Sample of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

Calcium Propionate Market Report Scope:

Report Coverage	Details
Forecast Period	2023-2031
Base Year	2021–2023
Size in 2022	US$ 344.5 Mn
Forecast (Value) in 2031	US$ 487.0 Mn
Growth Rate (CAGR)	3.9 %
No. of Pages	157
Segments covered	Application

The growing awareness and utilization of calcium propionate in non-food sectors like plant pesticides and grain processing contribute to market expansion, diversifying its applications beyond traditional food preservation and driving innovation and adoption across various industries.

Key Findings of the Market Report

Bakery applications lead the calcium propionate market due to its widespread use in preserving baked goods' freshness and quality.
Europe leads the calcium propionate market due to stringent food safety regulations and rising demand for extended shelf-life products.

Calcium Propionate Market Growth Drivers & Trends

Stringent regulations emphasizing food safety and shelf-life extension drive the demand for calcium propionate as a preservative in the food industry worldwide.
Growing consumption of processed and convenience food amplifies the need for preservatives like calcium propionate.
Rising consumer preference for clean-label ingredients fosters the demand for natural preservatives, influencing the calcium propionate market.
Ongoing research and technological innovations lead to improved formulations and application methods, enhancing calcium propionate's efficacy and market penetration.
Rapid urbanization and changing consumer lifestyles in emerging economies of the Asia Pacific and Latin America drive the calcium propionate market's growth trajectory.

Ask Expert for the Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=2078

Global Calcium Propionate Market: Regional Profile

The calcium propionate market thrives in North America due to its extensive application in the food and beverage industry. Stringent regulations promoting food safety drive market growth. Key players like Niacet Corporation and Perstorp Holding AB lead innovation and quality standards, catering to the region's high demand for preservatives.
Europe witnesses substantial growth in the calcium propionate market driven by rising concerns about food quality and shelf-life extension. Companies like AB Mauri and Kemira contribute significantly with innovative formulations and sustainable practices, aligning with the region's stringent regulatory frameworks.
Asia Pacific experiences robust expansion in calcium propionate demand due to rapid urbanization and a burgeoning food processing industry. Local manufacturers, alongside global players like Kemira and Perstorp Holding AB, capitalize on the region's escalating demand for processed foods, propelling market growth and technological advancements in the preservative segment.

Calcium Propionate Market: Competitive Landscape

The calcium propionate market displays a competitive landscape with key players such as Niacet Corporation, AB Mauri, Perstorp Holding AB, and Kemira. These industry leaders focus on research and development initiatives to enhance product quality, expand applications, and ensure regulatory compliance.

The market witnesses the presence of regional and local manufacturers offering calcium propionate-based products. Intense competition drives innovations in product formulations, packaging, and distribution strategies.

Strategic collaborations, mergers, and acquisitions are significant tactics for companies to strengthen their market position, broaden their geographic reach, and meet the evolving demands of various end-user industries.

Some prominent manufacturers are as follows:

Niacet Corporation
Kemira
Macco Organiques Inc.
Perstorp Holding AB
AB Mauri
A.M Food Chemical Co. Limited
Addcon GmbH
ABF Ingredients
Cargill Corporation
Chr. Hansen Holding A/S
BASF SE
The Dow Chemical Company

Product Portfolio

Kemira specializes in water chemistry and offers a diverse product portfolio, including chemicals for water-intensive industries like pulp and paper, oil and gas, and municipal water treatment. Their solutions focus on improving water quality, energy efficiency, and sustainable resource management for global customers.
Macco Organiques Inc. delivers high-quality inorganic mineral products and specialty chemicals. Their product line includes magnesium compounds, molybdates, carbonates, and acetates, serving industries like agriculture, pharmaceuticals, environmental, and industrial applications with a commitment to quality and innovation.
Perstorp Holding AB is a global leader in specialty chemicals, offering diverse products such as polyols, specialty polymers, acids, and specialty esters. Their solutions cater to industries like coatings, plastics, construction, and healthcare, emphasizing innovation, sustainability, and customer-centric approaches.

Calcium Propionate Market: Key Segments

By Application

Bakery
Dairy
Meat Processing
Animal Feed
Packaged Food Products
Others (Plant Pesticides, Grain Processing, etc.)

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Contact us for Special Discount and Pricing: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=2078

More Trending Reports by Transparency Market Research –

Polymer Foam Market- The global polymer foam market is expected to reach US$ 144.4 Bn by the end of 2031 and it is estimated to grow at a CAGR of 4.2% from 2022 to 2031

Finishing Lines Market- The global finishing lines market is expected to reach US$ 11.0 Bn by the end of 2031 and it is estimated to grow at a CAGR of 4.5% from 2022 to 2031

Hyperelastic Material Market- The global hyperelastic material market is expected to reach US$ 25.1 Bn by the end of 2031 and it is estimated to grow at a CAGR of 4.9% from 2022 to 2031

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]