Food & Beverages / Calcium Propionate Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players Niacet, Eton Food, Shandong Tongtai Weirun, Addcon, Lianyungang Nuoxin
Calcium Propionate Market - Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Niacet, Eton Food, Shandong Tongtai Weirun, Addcon, Lianyungang Nuoxin
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Calcium Propionate Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 5.6% during the review period (2022 to 2027).
Calcium Propionate Market Overview
In recent years, the consumers are getting aware of the importance of health and with the rising demand for nutritional products the market for calcium propionate is anticipated to grow at an unprecedented rate. The consumers have stated to prefer natural and organic food over synthetic ones which have led to increasing demand for calcium propionate. In the food industry, calcium propionate has been used as a natural ingredient because it is safe to consume. Furthermore, the food industry uses advanced technologies such as MAP, bacteriophages, and various preservation techniques to maintain the quality and safety of food. Moreover, calcium propionate is used as a feed for animals, and owing to increasing applications in the food preservative sector is propelling the growth of the market. Additionally, apart from calcium propionate’s various applications, it is rather cost-effective compared to other alternatives such as sorbates, sulfites, etc. These reasons make the growth of the calcium propionate market increase exponentially.
Who are the Major Players in Calcium Propionate Market?
Top Key players in the Calcium Propionate Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Niacet, Eton Food, Shandong Tongtai Weirun, Addcon, Lianyungang Nuoxin, Impextraco, Shuren Kechuang, Macco Organiques, Jiangsu Mupro IFT, RuGao ChangJiang Food, Fine Organic Industries, A.M Food Chemicals, Tengzhou Aolong Chemical, Perstorp AB, Real S.A.S.
Industry News:
Perstorp foresees a continued stable growth in the demand for propionic acid in the coming five years.
“Our predictions show an increase in demand averaging 12 000 MT per annum and CAGR of 9% on a global scale” states Patricia Oddshammar, VP of the business unit Food & Feed that includes the propionic acid portfolio. The growth is predominately coming from an increase in use of feed and food preservatives.
What are the major Applications, Types and Regions for Calcium PropionateMarket?
By Type, it is segmented into
Food Grade Calcium Propionate
Feed Grade Calcium Propionate
Others
By Applications
Food and Beverages
Feed Industry
Others
Calcium Propionate Market Regional Analysis
Additionally, the increasing demand for animal feed is also boosting the market demand in Asia-Pacific from countries such as China and India. The demand for food derived from animals across the world has been increasing at a fast pace. The surge in this demand has been fulfilled by commercial livestock production and their associated food chains.
China is one of the leading markets for products like calcium propionate in the agriculture sector. The agriculture industry in China is responsible for producing 18% of the world's cereal grains, 29% of the world's meat, and 50% of its vegetables. Overall, the country is responsible for creating roughly 20% of the world's food, making it the largest agricultural economy globally.
All these factors greatly affect the Calcium Propionate Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Calcium Propionate Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Calcium Propionate Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Calcium Propionate Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 5.6 % during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Healthcare IT Report
Evaluate Calcium Propionate Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Calcium Propionate Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Calcium Propionate Market is studied from 2017 - 2027.
What is the growth rate of Calcium Propionate Market?
The Calcium Propionate Market is growing at a CAGR of 5.6% over the next 5 years.
Who are the key players in Calcium Propionate Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
