(Food-Beverage-News.Com, September 16, 2017 ) According to the report Europe Calcium Propionate Market by Application (Bakery, Meat & Processed Meat, Dairy, Feed, Processed Food, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021) published by Market Data Forecast, the Europe Calcium Propionate Market is expected to grow at a CAGR of 5.77% and reach USD 96.14 million in 2021 from USD 72.62 million in 2016.
The Europe Calcium Propionate Market Calcium Propionate market is expected to show evident potential in the forecasting period. The market continues to build up momentum with an increase in awareness among people regarding the importance of feed and food safety and the shelf life stability of additives. This has led to a sudden increase in demand for calcium propionate
Calcium Propionate is a chemical compound which is used as preservative for baked goods. Calcium Propionate belongs to the antimicrobial category of preservatives. It has a variety of uses such as ensuring food and feed safety, improving the shelf life of feed and additives, and more.
Growing awareness about food preservation has led to a rapid growth in the market over recent years. Apart from it, other factors responsible for market growth are, cost effective solution to food safety, high investments in R&D recently, wide range of functions in product lines. Further, there are some factors which act as restraints. They include rise in peoples demand for all natural product as well as an increase in availability of preservatives free food products.
The Europe Calcium Propionate market is divided based on application and geography. The segmentation on the basis of application is done into meat, dairy, feed, bakery, processed foods and others. According to the analysis, bakery segment holds the largest market share and is expected to continue to do so. On the basis of geography, the Europe market is analyzed under various regions namely U.K, Germany, Spain, Italy and France. Europe is the second largest market in terms of share, following the share of North America.
Some of the major competitors in the Europe Calcium Propionate market are: A.M. Food Chemicals Co. Ltd. Addcon Gmbh Fine Organics Kemira Oyj Impextraco Nv Krishna Chemicals Niacet Corporation Macco Organiques Inc. Perstorp Holding Ab.
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