The Sodium Propionate market report examines and estimates the market both at the worldwide and regional level. The study covers the effect of various drivers and manacles in the market and underlines the opportunities in it. It estimates its current and future size regarding revenue and the current and future competitive dynamics. Top Companies Profiled in this report includes: Prathista Industries Ltd., Fine Organic Industries Private Ltd., Niacet Corporation, Macco Organiques Inc., Foodchem International Corporation, Tengzhou Tenglong Chemical Co. Ltd., and Dr. Paul Lohmann GmbH KG.
Houston, TX -- (SBWIRE) -- 06/22/2018 -- The global sodium propionate market is mainly driven by factors such as adoption of animal feed additives in factory farming in order to increase production of milk, meat, and eggs, increased consumption of meat and meat products coupled with growing disposable income and increased spending on food, among others. Furthermore, the growth of the retail and foodservice sectors in emerging countries has given rise to the demand for ready to eat meat products, which in turn has increased uptake of food preservatives. As a result, adoption of sodium propionate as an antimicrobial agent along with propionic acid is expected to surge globally over the next five to six years.
The Global Sodium Propionate market report is a comprehensive overview of the market covering various aspects such as product definition, various parameter-based segmentation, distribution channels, supply chain analysis, and common vendor environments. Through proven research methods, we collect thorough information that identifies the source. Sodium Propionate Information about the market can be accessed in a logical format in a smart format. There are graphs and tables in place to help readers get a better view of the global Sodium Propionate market.
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Companies Profiled in this report includes: Prathista Industries Ltd., Fine Organic Industries Private Ltd., Niacet Corporation, Macco Organiques Inc., Foodchem International Corporation, Tengzhou Tenglong Chemical Co. Ltd., and Dr. Paul Lohmann GmbH KG.
Sodium propionate due to its antimicrobial properties to extend shelf life of food products along with its GRAS (generally recognized as safe) status by the U.S. FDA is widely used as a food additive. Rising packaged food consumption owing to changing and busy lifestyle is driving sodium propionate demand in food preservatives. Moreover, sodium propionate is considered as one of the best and safest bacteria and mold inhibitor in the animal feed and grain preservative segment. Increasing demand from animal feed and grain preservatives is fueling the market growth.
For further growth emerging and untapped markets provide huge scope. Over the coming few years, demand from the emerging economies is projected to augment due to rising awareness about the benefits of sodium propionate for feed and food preservatives. Research and development initiative to produce innovative products using sodium propionate will not only provide new opportunities but also bring in rich gains.
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Based on geographical areas, the world Sodium Propionate markets are broadly divided into Latin America, Europe, the Middle East and Africa and Asia Pacific. The world market is still in exploration in most areas, but it has the promising potential to grow steadily over the next few years. The major players investing in this market are in Canada, the United Kingdom, the United States, India, China and some Asia Pacific countries. As a result, Asia Pacific, North America and Western Europe are expected to account for more than half of the total market share over the next few years.
At the end of the report, a manufacturer is announced who is responsible for increasing sales in the Sodium Propionate market. These manufacturers have been analyzed in terms of manufacturing base, basic information and competitors. In addition, the technology and product types introduced by each manufacturer are also an important part of this section of the report.
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Table of Content:
Global Sodium Propionate Market Research Report
Chapter 1 Sodium Propionate Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix