Calcium Propionate Market Size Worth $ 426.2 Million By 2026 at CAGR of 5.7%, Increasing health concerns of consumers are driving high demand for calcium propionates | Reports and Data

February 24 18:28 2021
Calcium Propionate Market Size Worth $ 426.2 Million By 2026 at CAGR of 5.7%, Increasing health concerns of consumers are driving high demand for calcium propionates | Reports and Data
The Calcium Propionate Market is projected to grow at a rate of 5.7% in terms of value, from USD 290.7 Million in 2019 to reach USD 441.4 Million by 2027

High preference of consumers towards the fresh food, increasing demand for food with proper hygiene due to large health concerns, the longer shelf life for food products, cost-effective alternative are key factors contributing to high CAGR of Calcium Propionate during forecast period.

The Calcium Propionate Market is projected to grow at a rate of 5.7% in terms of value, from USD 290.7 Million in 2019 to reach USD 441.4 Million by 2027. The calcium propionate is produced by the reaction of propionic acid and calcium oxide in water in the presence of a flocculent. Calcium propionate like sodium benzoate is a preservative most commonly used in the food industry, such as lactic acid fermentation in bakery products across the globe.

The Global Calcium Propionate Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.

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 The competitive landscape of the market offers significant insight into the key market players operating in the Calcium Propionate market. The segment covers market share, product portfolio, pricing analysis, and strategic business decisions taken by each market player. The report also includes the strategic steps and initiatives undertaken by the companies to combat the impact of the pandemic. The major companies explored in the report are Niacet Corporation, ADDCON, Impextraco NV, Macco Organiques Inc, Perstorp Holdings AB, Orthochem Pty Ltd, Kemira Oyj, A.M. Food Chemicals Co. Ltd., Eastman Chemical Company, and Fine Organics.

The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The research report on the global Calcium Propionate market offers extensive analysis of the product spectrum and application scope of the business landscape. Based on the product type, the Calcium Propionate market is split into:

Form Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)

  • Dry
  • Liquid

Application Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)

  • Food
    • Bakery Products
    • Dairy Products
    • Meat & Seafood
    • Others
  • Pharmaceutical
  • Beverages
  • Live Stock Feed
  • Other Applications


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Further key findings from the report suggest

  • Calcium propionate market is growing at a CAGR of 1% in Asia Pacific followed by North America and Europe, with 5.9 % and 5.6% CAGR, respectively. Increasing usage of preservative contents across the globe is the key factor to accelerate the growth during forecast period across all regions.
  • On the basis of form perspective, the calcium propionate is subdivided into dry and liquid. The dry segment is estimated to dominate the market with the highest CAGR of 6%, and hold the largest share of 75%. The dry segment was valued at USD 205.2 million in 2018 and is expected to reach the value of USD 325.8 million by the end of the year 2026. Due to its easiness of mixing and properties of improved the dispersion all over the food matrix, its demand is growing.
  • The food is the dominating the calcium propionate application segment which holds 40% of the global. The Asia Pacific is the chief revenue generating source for this product segment, followed by North America and Europe regions
  • Livestock feed is expected to be the fastest growing segment during forecast period 2019-2026 with a CAGR of 6.1%. However, side effects associated with the product and expensive cost are major challenge for the growth of this market segment
  • Other Application segment (that includes cosmetics, agriculture, chemicals) was valued at USD 32 Million in 2018 and is expected to reach the value of USD 48.2 Million by the end of the year 2026.
  • North America is accounted for the 32% of the global calcium propionate market. The large demand for food & beverage industry in the area will likely to help witness growth.

Key findings of the report:

  • Historical and current trends of the market
  • Factors likely to influence the dynamics of the market
  • Growth assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players including their market share, revenue contribution, and global position
  • Growth strategies adopted by key market players to combat the impact of COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Calcium Propionate market
  • Strategic recommendations to the established market players and emerging companies


To know more about the report, visit @ https://www.reportsanddata.com/report-detail/calcium-propionate-market

Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
   2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
Chapter 4. Calcium Propionate Segmentation & Impact Analysis
    4.1. Calcium Propionate Segmentation Analysis
    4.2. Calcium Propionate Market Value Chain Analysis, 2016-2026
    4.3. Regulatory framework
    4.4. Calcium Propionate Market Impact Analysis
         4.4.1. Market driver analysis
         4.4.2. Market restraint analysis
    4.5. Key opportunities prioritized
    4.6. Calcium Propionate Pricing Analysis
    4.7. Industry analysis – Porter’s
    4.8. Calcium Propionate PESTEL Analysis

Continue….

 To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.

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