Calcium Propionate Market (Application - Bakery Products, Beverages, Animal Feed, Packaged Food, Dairy & Frozen Desserts and Meat, Fish, and Seafood Products; Form - Liquid and Dry): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024. The global calcium propionate market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 04/11/2019 -- Our latest research report entitled Calcium Propionate Market (by application (bakery products, beverages, animal feed, packaged food, dairy & frozen desserts and meat, fish, and seafood products), form (liquid and dry)) Industry Analysis, Trends, Size, Share, Forecasts to 2024 provides complete and deep insights into the market dynamics and growth of Calcium Propionate. Latest information on market risks, industry chain structure Calcium Propionate cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Calcium Propionate growth factors.
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The forecast Calcium Propionate Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Calcium Propionate on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global calcium propionate market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
Calcium Propionate Market: Industry Insight
Calcium propionate is a food additive used in food industry to extend the shelf life of food products. Calcium propionate is used as a mold inhibitor in pre-packed and sliced bread. It is naturally founded in fermented foods and matured cheese. Additionally, it reduces the growth of bacteria and fungi. This additive is industrially obtained from propionic acid and calcium oxide.
Calcium Propionate Market: Driver and Restraints
Growing consumer's preference towards bakery products with long shelf life ample the growth calcium propionate market. Calcium propionate is less toxic as compared to other preservatives. Moreover, it is added to tobacco and animal feeds as it prevents the growth of mold and other microorganisms in products. Additionally, it is added to cow feed as it helps prevent milk fever. It also provides extra calcium to cattle. Apart from this, calcium propionate is also used in pharmaceuticals in butyl rubber to improve its quality. The growing use of calcium propionate in the various application includes pharmaceuticals, pesticides, animal feed, and many others are strengthening the demand of calcium propionate market. Growing consumer's inclination towards hygiene and fresh food would help grow the calcium propionate market. However, the growing demand for natural food preservatives could restrain the growth of calcium propionate market. Furthermore, expanding product demand in emerging economies such as the Asia Pacific, Latin America provides growth opportunities for the calcium propionate market. In addition, key players are now focusing on various R&D investments to launch new products.
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Calcium Propionate Market: Segmentation
The global calcium propionate market is segmented into application and form. On the basis of application, the global calcium propionate market is categorized into bakery products, beverages, animal feed, packaged food, dairy & frozen desserts and meat, fish, and seafood products. Bakery products segment is expected to hold maximum share in calcium propionate market due to high consumption bread across the globe. On the basis of form the global calcium propionate market is bifurcated into liquid and dry.
Calcium Propionate Market: Regional Analysis
Among the geographies, North America dominates the calcium propionate market followed by Europe. The factor such as high consumption bread and 'ready-to-eat' product is responsible for the growth of calcium propionate market. North America and Europe are mature calcium propionate markets which have already reached saturation. Hence, the Asia Pacific, Middle East & Africa, and South America is anticipated to grow at relatively higher than Europe and North America region. On the other hand, Asia Pacific is projected to witness the highest growth on account of food industry growth in India and China. The changing consumer's lifestyle which ultimately affects their food and consumption habits which in turn is expected to increase market growth. Middle East & Africa is estimated to have substantial growth during the forecast period.
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Calcium Propionate Market: Competitive Landscape
The report provides some of the major companies in the global calcium propionate market includes The Dow Chemical Company, ABF Ingredients, AB Mauri, Macco Organiques Inc., Niacet Corporation, A.M. Food Chemical Co. Ltd., BASF SE, Bell Chem, Shandong Tong Tai Wei Run Chemical Co., Ltd. and Kemin Industries. Some manufacturers are expected to invest in R&D to expand product lines.
Corbion Launches Vinegar-Based Mold Inhibitor
In September 2018, Corbion has launched Verdad MP100, a natural mold inhibitor, which matches calcium propionate for mold control and tops competing for clean-label solutions. Introduction of the company's Verdad MP100, a combination of vinegar and natural flavor that matches the mold-inhibiting functionality and flavor neutrality of calcium propionate, a synthetic solution long relied upon by the baking industry to extend the shelf life of bread.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Calcium Propionate.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.