(Food-Beverage-News.Com, January 09, 2019 ) The growth of the calcium propionate market is driven by factors such as an increase in demand for clean-label food products with extended shelf life and the cost-effectiveness of calcium propionate as compared to other preservatives. The region is an emerging market for calcium propionate, with investments from several multinational manufacturers, especially in countries such as China, India, Japan, Australia, and New Zealand.
Calcium propionate is an antimicrobial agent commonly used in bread. It is effective in preventing mold growth and helps extend the shelf life of bread products .The market for calcium propionate is estimated at USD 277.1 million in 2018 and is projected to reach USD 363.3 million by 2023, at a CAGR of 5.6%. The growth of the calcium propionate market is driven by factors such as an increase in demand for clean-label food products with extended shelf life and the cost-effectiveness of calcium propionate as compared to other preservatives.
Leading players profiled: Niacet (US) Impextraco (Belgium) ADDCON (Germany) Kemin Industries (US) Macco Organiques (Canada) Associated British Foods plc (ABF) (UK) Shandong Tong Tai Wei Run Chemical Co., Ltd. (TTWR) (China) Bell Chem (US) Krishna Chemicals (India) AM Food Chemicals (China) Fine Organics (UK) Real S.A.S. (Columbia)
Based on form, the dry segment is projected to exhibit a higher CAGR from 2018 to 2023.The dry segment led the market for calcium propionate. The growth of dry calcium propionate is attributed to factors such as ease of mixing and better dispersion throughout the food matrix; additionally, dry calcium propionate does not affect the leavening action of baking powder in bakery products.
Discounted Report Copy of “Calcium Propionate Market by Application (Food (Bakery Products, Dairy & Frozen Desserts, Meat, Fish & Seafood Products), Feed), Form (Dry and Liquid), and Region (North America, Europe, Asia Pacific and RoW) - Global Forecast to 2023” at http://www.reportsnreports.com/contacts/discount.aspx?name=1546963
Premium Insights 1. Attractive Opportunities in the Calcium Propionate Market 2. Calcium Propionate Market, By Application 3. Calcium Propionate Market, By Application (KT) 4. North America: Calcium Propionate Market, By Application & Country 5. Food: Calcium Propionate Market, By Type & Region 6. Calcium Propionate Market, By Form & Region 7. Market, By Region
Asia Pacific is projected to be the fastest-growing market for calcium propionate during the forecast period. The consumption is driven by rapid urbanization, economic growth, and rise in purchasing power of the middle-class population, leading to increased bakery & convenience food purchases in the region. The region is an emerging market for calcium propionate, with investments from several multinational manufacturers, especially in countries such as China, India, Japan, Australia, and New Zealand.
Break-up of Primaries: By Company Type: Tier 1 - 45%, Tier 2 - 33%,and Tier 3 - 22% By Designation: C-level - 33%, D-level - 45%, and Others*- 22% By Region: North America - 11%, Europe - 11%,AsiaPacific- 45%, and RoW - 33%
The report categorizes the calcium propionate market on the basis of application, form, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global calcium propionate, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
