Calcium Propionate Market

Industry Overview

Calcium propionate is a food additive, used as a preservative in a variety of products and also acts as an antimicrobial agent. It decreases the growth of bacteria and fungi. The efficient ability of calcium propionate in new product lines and the mounting health issues of consumers in the food industry are the major factors driving the growth of the calcium propionate market. Different forms of calcium propionate supported the calcium propionate market size. The market has witnessed a high command for dry calcium propionate in the coming years due to the easiness of mixing and improved dispersion all over the food matrix.

Market Segmentation

Insight by Application

Based on application, the calcium propionate market is subdivided into food, feed, and others. Among the all applications, the food segment accounted for the largest share of the market due to elevated per capita bread utilization, changes in lifestyle, and mounting health consciousness. In addition, the feed segment is estimated to account largest share of the market due to mounting demand for feed, an upsurge in livestock production, and an augmented requirement for quality feed products with prolonged shelf life.

The food segment is further subdivided into bakery products, meat, fish, and seafood products, dairy & frozen desserts, and others. Among all food applications, the bakery products segment accounted for the largest share in the market due to calcium propionate properties inhibiting the chemical leavening agents in yeast and bacteria, which is the major component of bakery products.

Insight by Form

Based on form, the calcium propionate market is subdivided into dry and liquid. Among both forms, the dry segment accounted for the larger share and is expected to grow at the fastest rate in the market due to the easiness of mixing, does not disturbing the leavening act of baking powder in bakery products, and improved dispersion all over the food matrix.

Global Calcium Propionate Market Report Coverage

Industry Dynamics

Growth Drivers

Efficient ability of calcium propionate in new product lines such as feed supplements, antimicrobial agents, and food preservatives, mounting health issues of consumers in the food industry, altering consumer lifestyle is affecting food consumption, mounting demand for bakery products with prolonged shelf life and economical preservation solution are the primary growth drivers for calcium propionate market.

For instance, calcium propionate is developed by reacting calcium hydroxide and propionic acid. Calcium propionate is used as a mold inhibitor in several dairy products, animal feed, and agricultural applications. Preservatives are elementary necessities to inhibit the spoilage of food & feed. The major purpose of calcium propionate is the evolution of microbes on several bakery products that are inclined to damage by bacteria. It is less toxic as compared to other salts. It is also used for the treatment of milk fever.

Technological innovations to develop novel product lines, mounting consumer inclinations for fresh food products and long shelf life products, upsurge in need for clean-label food products, mounting customer need for food safety, and R&D & inventions to support demand are also facilitating the growth of the calcium propionate market.

Challenges

Mounting demand for food products lacking artificial preservatives, high raw material cost, mounting inclination of fresh food products strict regulations, and rivalry from alternatives are the major challenges to the growth of the calcium propionate market.

Industry Ecosystem

Globally, the manufacturing companies trying to enter the calcium propionate market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition.

Geographic Overview

Geographically, North America is the largest calcium propionate market as in the region the consumption of bread is huge. Recognized and developed bakery market, stringent food regulations, and an upsurge in the need for convenience food have boosted the demand for calcium propionate market in the North American region.

Asia-Pacific is observed to witness the fastest growth in the calcium propionate market, due to mounting awareness about calcium propionate. In addition, an upsurge in demand for fresh food, rapid urbanization, mounting disposable income, an upsurge in convenience and bakery food products purchase, a large population base, and changes in consumer lifestyle are also creating a positive impact on the calcium propionate market growth in the region.

Competitive Insight

Key players in the calcium propionate market are catering to the demand by investing in new product launches in their product portfolios across the globe. Niacet Corporation expanded its calcium and sodium propionate production capacity. In addition, SK Capital Partners acquired Niacet Corporation to improve its product portfolio. SK Capital Partners (Niacet Corporation), Macco Organiques, Shandong Tong Tai Wei Run Chemical Co., Ltd., Impextraco, Real S.A.S., Addcon, Kemin Industries, Bell Chem, Associated British Foods PLC, A.M Food Chemical Co, Ltd and Fine Organics are the key players offering calcium propionate.