In 2050, the Total Consumption of Animal Feed Products will be Increases Approx. 1048 Million Tonnes

Clean-label food products are the products that contain easy-to-recognize ingredients and no artificial or synthetic flavors and chemicals. Most of the African and gulf countries have the wide history of food scandals and adulteration which has eroded the trust of various consumers due to which most of the consumer prefer to buy clean label meat and other food products to ensure the maximum safety.

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Global calcium propionate market is expected to reach USD 472,150.53 thousand by 2027 from USD 301,856.63 thousand in 2019, growing with a CAGR 5.8% of in the forecast period of 2020 to 2027. Increasing demand for nutritional feed products among consumers and rising development of clean label food products is the driving factor for the market growth. Stringent government regulations for quality and safety of food products can be the restraining factor for the market growth.         

Increasing demand of nutritional feed products across the world will drive the market's growth rate

Increase consumer lifestyle and income level the choice of consumer food products is also increasing. The factor which is increasing the demand of nutritional feed products in animal food are the increasing awareness among farmers regarding the healthy diet of their animals, increasing consumer awareness to provide best quality products to their pet animals such as dogs and cats to make them healthy. To fulfill the surging demand of nutritional feed products for animals to provide the proper beneficiary diet to the animals is the driving factor of the market growth.

Report Scope and Market Segmentation

Segment Analysis:

Global calcium propionate market is categorized into five notable segments which are type, form, source, grade and application.

• On the basis of type, the market is segmented into encapsulated and non-encapsulated. In 2020, encapsulated is expected to dominate the global calcium propionate market with 61.88% market share due to wider consumer preference of encapsulated preservatives in the packed food to increase their shelf life. In Europe, the encapsulated segment is dominating the market growth due to wider consumer preference of encapsulated preservative in bakery products to increase their taste and texture.
• On the basis of source, the market is segmented into natural and synthetic. In 2020, natural segment is expected to dominate the global calcium propionate market with 55.47% market share due to the wider availability of raw materials in the region. The natural segment is dominating in Europe due to the rising aging population that prefers natural products in their cosmetics to avoid any skin irritation and allergies.
• On the basis of form, the market is segmented into powdered and liquid. In 2020, powdered segment is expected to dominate the global calcium propionate market with 61.19% market share as the region has a high population that prefers junk food as well as packaged food. Powder preservatives are widely used in food products to increase product shelf life. The powdered segment is dominating in Europe due to high availability of powder preservatives and their easy handling and storing.
• On the basis of grade, the market is segmented into food grade, feed grade, pharma grade, and industrial grade/technical grade. In 2020, food grade segment is expected to dominate the global calcium propionate market with 50.29% market share as the region has a high population that prefers junk food as well as packaged food. Powder preservatives are widely used in food products to increase product shelf life. The powdered segment is dominating in Europe due to high availability of powder preservatives and their easy handling and storing.

The food grade segment will dominate the grade segment of the calcium propionate market

The food grade segment will emerge as the dominating segment under grade with approximately 50.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.

• On the basis of application, the market is segmented into food & beverages, feed, pharmaceuticals, and others. In 2020, food & beverages segment is expected to dominate the global calcium propionate market with 50.29% market share due to wider consumer demand for packed food and ready to eat food which requires preservatives to increase product durability. Food & beverages are dominating the market growth for Europe due to the high consumer demand for liquid food products such as juices, drinks that widely use preservatives to increase the product shelf life

The food products segment will dominate the application segment of the calcium propionate market

The food & beverages segment will emerge as the dominating segment application segment. This is because of the growing number of distribution channels in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

Major Players         

Data Bridge Market Research recognizes the following companies as the market players in market: Niacet (U.S.), ADDCON GmbH (Germany), Impextraco NV (Belgium), Real S.A.S. (U.S.), Shandong Tong Tai Wei Run Chemical Co,.ltd (China), BELL CHEM CORP (U.S.), Macco Organiques Inc. (Czech Republic), Fine Organics (India), Mil-Spec Industries Corporation (U.S.), MAGNESIA GmbH (Germany), LGM Pharma (U.S.), Perstorp (Sweden), Watson Inc. (India), Titan Biotech (India), Environmental Working Group (U.S.), Saf Sulphur Company (Saudi Arabia), Kemin Industries, Inc. (U.S.), and Dr. Paul Lohmann GmbH & Co. KGaA (Germany).

Market Development

• In January 2020, Perstorp announced that they are participating at IPPE 2020 which is the largest annual trade show for the poultry, meat and feed industries in the Americas On January 28 – 30 2020 at Georgia, U.S. Through this exhibition, the company aims to promote their new products among other players.
• In January 2019, Kemira announced that they have signed an agreement to establish a joint venture of Kemira Yongsan Chemicals Co., Ltd in Ulsan, Republic of Korea, with Yongsan Chemicals. Through this expansion, the company aims to expand its product portfolio in the market.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

Europe is the dominant region in calcium propionate market during the forecast period 2020 - 2027

The calcium propionate market is dominated by Europe because customers in Germany have a high need for natural preservatives in cosmetic items to extend product shelf life and prevent allergic reactions and skin rashes.

Asia-Pacific is estimated to be the fastest growing region in calcium propionate market the forecast period 2020 - 2027

As a result of the easy accessibility of raw materials and the widespread acceptance of natural alternatives for a healthy lifestyle in Asia-Pacific, the natural category is dominating market growth in China.

COVID-19 Impact

In the upcoming years, it is anticipated that increasing technological advancements in the production of calcium propionate will create new market opportunities. To stop decomposition and maintain the pH of personal care products, calcium propionate is frequently used as a preservative in beauty products. Future years are expected to see increased demand for calcium propionate as a result of the expanding beauty and personal care products market. Consumers' concern about the COVID-19 outbreak has led to the closure of restaurants and retail establishments in order to stop the disease's spread. As a result, customers have begun hoarding cupboard essentials including cakes, bread, tortillas, and other products.

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