Calcium propionate is the calcium salt of propionic acid. Its major application is the food industry where it is an important food additive since it acts as an antimicrobial agent. It is used as a preservative in baked items owing to its ability to kill microorganisms such as algae, bacteria and among others. It is also utilized as a food supplement to increase the shelf life of various food items. The calcium propionate market is estimated to witness a growth owing to growing consumer preferences for fresh food and livestock-based products. Calcium propionate prevents the formation of mold and rope, thus prolonging the life of these goods. Growing concerns about food safety and shelf-life stability have increased the application of calcium propionate in various food products. In this application, calcium propionate is preferred owing to its cost effectiveness over other preservatives. The research and development activities to improve applications of calcium propionate and increase the shelf life will also drive this market in the coming few years.
This report identifies the global calcium propionate market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global calcium propionate market.
Geographically European and North American markets are estimated to witness a stable growth in the calcium propionate market owing to market saturation and high penetration levels. The key growth markets for calcium propionate are estimated to be Asia-Pacific and RoW regions. Increasing disposable income and rising population are projected to be the major growth drivers for these regions.
This report segments calcium propionate market on the basis of application and regional market as follows:
- Calcium Propionate Market, by Application: Bakery, Dairy, Animal Feed, Meat Processing, Packaged Food Products, Beverages, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region.
This report identifies all the major companies operating in the Calcium Propionate market. Some of the major companies’ profiles in detail are as follows:
- Addcon Gmbh
- A.M. Food Chemicals Co. Ltd.
- Impextraco Nv
- Kemira Oyj
- BASF SE