Global Calcium Propionate Market Size, Trends, By Form (Dry, Liquid), By Application (Food & Beverages, Animal Feed, Pharmaceuticals, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Calcium Propionate Market
The Global Calcium Propionate Market was valued at US$ 327.88 Mn in 2022, estimated to reach US$ 500.33 Mn by 2030, with a CAGR of 5.40% from 2023-2030.
Calcium Propionate is a white crystalline solid that is a calcium salt of propionic acid. It is commonly used as a food preservative to prevent the growth of mold and bacteria in baked goods, dairy products, processed meats, and other foods. It is also used in animal feed as an antimicrobial agent to improve the shelf life and quality of feed. Calcium propionate is generally recognized as safe (GRAS) by the U.S. Food and Drug Administration (FDA) and is approved for use in many other countries as well. It is an effective preservative because it can inhibit the growth of microorganisms by lowering the pH level of the food, making it a popular choice in the food industry.
Market Drivers
The market for calcium propionate is being driven by the growing demand for food preservatives due to the increasing need for longer shelf life of food products. The growing demand for baked goods and other food products, particularly in developing countries, is expected to further boost the demand for calcium propionate. Additionally, the increasing use of calcium propionate in animal feed to prevent the growth of harmful bacteria and fungi is also driving the market.
Market Restraints
One of the key restraints to the growth of the global calcium propionate market is the stringent government regulations on food additives. Governments across various countries have set limits on the quantity of calcium propionate that can be used as a food additive, and exceeding these limits can result in fines and penalties for manufacturers.
Market Segmentation
The scope of the global calcium propionate market covers segmentation based on form, application, and region.
Based on form, the market can be divided into dry and liquid forms. In terms of application, the market can be classified into food & beverages, animal feed, pharmaceuticals, and others.
Regional Analysis
The global calcium propionate market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia Pacific region is expected to witness high growth in the calcium propionate market, owing to the increasing demand for food products and the adoption of Western lifestyles, leading to a rise in the consumption of processed and packaged food products. Additionally, the growing population and increasing urbanization in emerging countries have led to an increase in demand for food products, which has further driven the calcium propionate market in the region.
Key Players
AB Mauri, Niacet Corporation, Bell Chem Corporation, Krishna Chemicals, ADDCON Group, Kemin Industries Inc, Fine Organics, Macco Organiques Inc, AM Food Chemicals Co Ltd, Kemira, Perstorp AB, etc.
Market Taxonomy
By Form
• Dry
• Liquid
By Application
• Food & Beverages
• Animal Feed
• Pharmaceuticals
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Calcium Propionate Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Calcium Propionate Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Calcium Propionate Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Calcium Propionate Market, By Form
5.1 Y-o-Y Growth Comparison, By Form
5.2 Global Calcium Propionate Market Share Analysis, By Form
5.3 Global Calcium Propionate Market Size and Forecast, By Form
5.3.1 Dry
5.3.2 Liquid
6 Global Calcium Propionate Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Calcium Propionate Market Share Analysis, By Application
6.3 Global Calcium Propionate Market Size and Forecast, By Application
6.3.1 Food & Beverages
6.3.2 Animal Feed
6.3.3 Pharmaceuticals
6.3.4 Others
7 Global Calcium Propionate Market, By Region
7.1 Global Calcium Propionate Market Share Analysis, By Region
7.2 Global Calcium Propionate Market Size and Forecast, By Region
7.3 Global Calcium Propionate Market Trends and Forecast, By Region
8 North America Calcium Propionate Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Calcium Propionate Market Share Analysis, By Form
8.3 North America Calcium Propionate Market Size and Forecast, By Application
8.4 North America Calcium Propionate Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Form
8.4.1.2 Market Size and Forecast, By Application
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Form
8.4.2.2 Market Size and Forecast, By Application
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Form
8.4.3.2 Market Size and Forecast, By Application
9 Europe Calcium Propionate Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Calcium Propionate Market Share Analysis, By Form
9.3 Europe Calcium Propionate Market Size and Forecast, By Application
9.4 Europe Calcium Propionate Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Form
9.4.1.2 Market Size and Forecast, By Application
9.4.2 France
9.4.2.1 Market Size and Forecast, By Form
9.4.2.2 Market Size and Forecast, By Application
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Form
9.4.3.2 Market Size and Forecast, By Application
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Form
9.4.4.2 Market Size and Forecast, By Application
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Form
9.4.5.2 Market Size and Forecast, By Application
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Form
9.4.6.2 Market Size and Forecast, By Application
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Form
9.4.7.2 Market Size and Forecast, By Application
10 Asia Pacific Calcium Propionate Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Calcium Propionate Market Share Analysis, By Form
10.3 Asia Pacific Calcium Propionate Market Size and Forecast, By Application
10.4 Asia Pacific Calcium Propionate Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Form
10.4.1.2 Market Size and Forecast, By Application
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Form
10.4.2.2 Market Size and Forecast, By Application
10.4.3 India
10.4.3.1 Market Size and Forecast, By Form
10.4.3.2 Market Size and Forecast, By Application
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Form
10.4.4.2 Market Size and Forecast, By Application
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Form
10.4.5.2 Market Size and Forecast, By Application
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Form
10.4.6.2 Market Size and Forecast, By Application
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Form
10.4.7.2 Market Size and Forecast, By Application
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Form
10.4.8.2 Market Size and Forecast, By Application
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Form
10.4.9.2 Market Size and Forecast, By Application
11 Latin America Calcium Propionate Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Calcium Propionate Market Share Analysis, By Form
11.3 Latin America Calcium Propionate Market Size and Forecast, By Application
11.4 Latin America Calcium Propionate Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Form
11.4.1.2 Market Size and Forecast, By Application
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Form
11.4.2.2 Market Size and Forecast, By Application
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Form
11.4.3.2 Market Size and Forecast, By Application
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Form
11.4.4.2 Market Size and Forecast, By Application
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Form
11.4.5.2 Market Size and Forecast, By Application
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Form
11.4.6.2 Market Size and Forecast, By Application
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Form
11.4.7.2 Market Size and Forecast, By Application
12 Middle East Calcium Propionate Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Calcium Propionate Market Share Analysis, By Form
12.3 Middle East Calcium Propionate Market Size and Forecast, By Application
12.4 Middle East Calcium Propionate Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Form
12.4.1.2 Market Size and Forecast, By Application
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Form
12.4.2.2 Market Size and Forecast, By Application
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Form
12.4.3.2 Market Size and Forecast, By Application
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Form
12.4.4.2 Market Size and Forecast, By Application
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Form
12.4.5.2 Market Size and Forecast, By Application
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Form
12.4.6.2 Market Size and Forecast, By Application
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 AB Mauri
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Niacet Corporation
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Bell Chem Corporation
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Krishna Chemicals
14.4.1 Overview
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 ADDCON Group
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Kemin Industries Inc
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Fine Organics
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Macco Organiques Inc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 AM Food Chemicals Co Ltd
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Kemira
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Perstorp AB
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies