Calcium Propionate Market – Snapshot

Calcium propionate, also commonly known as calcium propanoate, is produced through fermentation of bacteria. It is a natural salt available in small quantities in many food items. Calcium propionate is added to food items, as it keeps them fresh by preventing the growth of bacteria and mold. Calcium propionate acts as an antimicrobial agent; it kills microorganisms such as bacteria, algae, viruses, and fungi. It is considered an ideal bakery preservative. Additionally, calcium propionate is utilized in feed supplement to prolong the shelf life of food products.

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Rise in demand for preserved food is the major factor expected to drive the calcium propionate market during the forecast period. Increase in awareness about health in the food industry is also anticipated to boost the calcium propionate market. Calcium propionate offers various functional properties in different product lines. This coupled with the relatively lower cost of calcium propionate vis-à-vis other food preservatives is projected to propel the market in the near future. However, rise in demand for natural food preservatives is likely to hamper the market. Implementation of stringent government regulations on the production of synthetic food preservatives is also estimated to negatively impact the calcium propionate market. Nevertheless, untapped markets in emerging economies such as Asia Pacific, Latin America, and few regions of Africa offer immense opportunities to the calcium propionate market.

The calcium propionate market has been segmented based on application and region. In terms of application, the market has been divided into bakery, dairy, meat processing, animal feed, beverages, packaged food products, and others. In terms of value, bakery was the major segment of the calcium propionate market in 2018, owing to the high consumption of bread across the globe. Calcium propionate is used primarily in breads to prevent the growth of molds and bacteria. The meat processing segment is projected to expand at a faster pace than other segments during the forecast period. This can be ascribed to the rise in demand for calcium propionate as preservative to avoid contamination in processed meat products. Packaged food products is also anticipated be a lucrative segment owing to the rise in consumer preference for packaged food, primarily in countries such as India, the U.S., China, and Brazil.

Based on region, the global calcium propionate market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe accounted for prominent share of the global calcium propionate market in 2018. It was followed by North America, Asia Pacific, Latin America and Middle East. However, Asia Pacific is expected to be a rapidly growing region of the market during the forecast period. Europe is anticipated to maintain its leading position during the forecast period.

High degree of competition exists among players operating in the global calcium propionate market. Dominated by large players, the market is moderately consolidated. Key players account for major share of the market. Prominent players profiled in the report are 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, and The Dow Chemical Company.

Calcium Propionate Market - Overview

Calcium propionate acts as an antimicrobial agent for killing microorganisms such as bacteria, algae, viruses, and fungi. It is considered an ideal bakery preservative. Additionally, it is utilized in feed supplement to prolong the shelf life of products. Rise in demand for preserved food is expected to be a major driver of the global calcium propionate market during the forecast period. The market is likely to expand significantly in the near future. Calcium propionate is a cost effective food preservative compared to its substitutes. This is a major factor that drives the market.

Based on application, the global calcium propionate market has been segmented into bakery, dairy, meat processing, animal feed, beverages, packaged food products, and others. Increase in health concerns and changes in consumer lifestyle have boosted the usage of calcium propionate in the past few years. Calcium propionate is primarily used as a preservative in bakery products such as bread, baked products, processed meat, and various dairy products. Increase in health concerns and changing consumer lifestyles have boosted the usage of calcium propionate. Calcium propionate is majorly used as preservative in bakery products such as bread; processed meat; and various dairy products.

Calcium propionate is less toxic compared to other preservatives. Preservatives such as sodium propionate are corrosive to the eyes, skin, and mucous membranes, while calcium propionate is not an irritant.

Based on region, the global calcium propionate market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held prominent share of the global calcium propionate market in 2017. It was followed by North America, Asia Pacific, and Latin America. However, Asia Pacific is estimated to be a rapidly growing region of the market during the forecast period. Europe is projected to maintain its leading position during the forecast period.

 The report analyzes and forecasts the calcium propionate market at the global and regional levels. The market has been forecast in terms of volume (tons) and revenue (US$ thousand) from 2018 to 2026. The study includes drivers and restraints of the global calcium propionate market. It also covers the expected impact of these drivers and restraints on demand for calcium propionate during the forecast period. The report also highlights growth opportunities for the calcium propionate market at the global and regional levels.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global calcium propionate market. The Porter’s Five Forces model for the calcium propionate market has also been included to help understand the competition landscape. The report also includes the analysis of various application segments based on their market size, growth rate, and segment attractiveness.

The study provides a decisive view of the global calcium propionate market by segmenting it in terms of application and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and future demand for calcium propionate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers segmentation based on individual application type segments of the market in all regions.

The study includes profiles of major companies operating in the global calcium propionate market. Key players profiled in the report are 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, and The Dow Chemical Company. Market players have been profiled in terms of company overview, business strategies, and recent developments.

The report provides the estimated market size of the global calcium propionate market for 2017 and forecast for the next nine years. The size of the global calcium propionate market has been provided in terms of volume and revenue. Market numbers have been estimated for application and regional segments. The market size and forecast for each application type and regional segment have been provided for the global and regional markets.

The global calcium propionate market has been segmented as follows:

Global Calcium Propionate Market, by Application

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

Global Calcium Propionate Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Middle East
    • Africa

 

Key Takeaways

  • The report provides extensive analysis of market trends from 2017 to 2026 in order to identify growth opportunities and market developments
  • It provides analysis of various application types of calcium propionate
  • It identifies key factors responsible for driving the calcium propionate market to build a roadmap of upcoming opportunities for the calcium propionate market at the global, regional, and country levels
  • The report offers comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast of the global calcium propionate market between 2018 and 2026
  • The report provides detailed competition landscape of key players operating in the market to help understand the competition level
  • It includes Porter’s Five Forces analysis to highlight the power of buyers and suppliers operating in the market
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