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Asia-Pacific Calcium Propionate Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Calcium Propionate Market By Type (Encapsulated and Non-Encapsulated), Source (Natural and Synthetic), Form (Powdered and Liquid), Grade (Food Grade, Feed Grade, Pharma Grade and Industrial Grade/Technical Grade), Application (Food & Beverages, Feed, Pharmaceuticals and Others) – Industry Trends and Forecast to 2029

Asia-Pacific Calcium Propionate Market

Market Analysis and Size

Vitamins and minerals are extremely important for livestock health and productivity. Vitamins are organic nutrients that are needed in small amounts to perform specific functions and play an important role in energy utilisation. Vitamins also aid in the maintenance of a healthy body and the promotion of disease resistance. Minerals are inorganic elements found in trace amounts throughout the body. Minerals aid in bone development, maintain water balance, and promote protein synthesis.

Data Bridge Market Research analyses that the calcium propionate market which was valued at 84.87 million in 2021 and is expected to reach the value of USD 133.24 million by 2029, at a CAGR of 5.8% during the forecast period of 2022-2029.  

 Market Definition

Calcium propionate is a naturally occurring organic salt formed when calcium hydroxide reacts with propionic acid. Calcium propionate extends the shelf life of several products by inhibiting the growth and production of mould and other microbes. It is used as a food additive to extend the shelf life of a wide range of products, including bread and other baked goods, processed meat, and whey and other dairy products. Calcium propionate has been approved for use in a variety of food products by regulatory agencies such as the FDA and the WHO.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Encapsulated and Non-Encapsulated), Source (Natural and Synthetic), Form (Powdered and Liquid), Grade (Food Grade, Feed Grade, Pharma Grade and Industrial Grade/Technical Grade), Application (Food & Beverages, Feed, Pharmaceuticals and Others)

Countries Covered

China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Bangladesh and Rest of Asia-Pacific

Market Players Covered

Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (US), Evonik Industries (Germany), Land O'Lakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (US)

Opportunities

  • Increasing market players with new and improved products
  • Rising research and development activities
  • Rising demand from the food and beverage industry

Calcium Propionate Market Dynamics

Drivers

  • Growing focus on the prevention of livestock diseases.

The rise in demand to prevent disease outbreaks in livestock are expected to drive the growth of the calcium propionate feed market during the forecast period. Furthermore, the systematic development of the livestock sector in developing countries is expected to drive the growth of the market for calcium propionate market.

  • Increase in the demand for organic meat

The increase in knowledge about the availability of various types of feed in advanced countries is expected to further cushion the growth of the calcium propionate market. Furthermore, the high demand for nutrition supplements for mono gastric animals will provide additional growth opportunities for the calcium propionate market to grow in the coming years.

Furthermore, an increase in demand for organic meat from developed-country consumers, as well as the implementation of new livestock practises and the maintenance of high farming standards has created a positive outlook for the industry.

Opportunity

Increasing manufacturer players with entry of new and improved products will act as a growth opportunity to the calcium propionate market. Furthermore, increasing research and development from the agriculture sector growing demand from the food and beverage industry will push the market forward.

Restraints

The establishment of regulatory controls on supplement usage limits is expected to stifle the growth of the calcium propionate market during the forecast period. Improving trace mineral bioavailability may pose a new challenge to the growth of the calcium propionate market in the near future.

This calcium propionate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcium propionate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Calcium Propionate Market

The COVID-19 pandemic shook several markets, including the feed market. The pandemic disrupted the manufacturing process and supply chain networks, resulting in significant losses for businesses. It has had a significant impact on the feed industry which led to the closure of many feed companies due to lockdown restrictions. As a result of the closure of feed companies, there has been a decrease in demand for vitamins. The industry suffered significant net losses as a result of a sharp decline in demand, realisation, and profitability. As the restrictions were eased, the market for feed additives increased slightly.

Recent Development

  • In 2021, Bioveta S.A developed natural products such as Alquerfeed Ovoponedoras, a vitamin-mineral supplement designed for layers with the ovum line, with the goal of improving chicken quality.
  • Trouw Nutrition, Nutreco's animal nutrition division, will invest in a new facility in Jadcherla, Hyderabad, India, in 2020. The new plant, with a capacity of 20,000 metric tonnes, will manufacture vitamins and other products for all species.
  • Royal DSM will open a new premix site in Hengyang in 2020, built in collaboration with many local partners. The official launch of DSM Vitamins Academy coincides with the opening of this new plant. The academy will be a new platform for educating the market and sharing the most recent scientific research and practises with players in the animal feed industry.

Asia-Pacific Calcium Propionate Market Scope

The calcium propionate market is segmented on the basis of type, source, form, grade and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Capsulated
  • Non - capsulated

Source

  • Natural
  • Synthetic

Form

  • Powder
  • Liquid

Grade

  • Food Grade
  • Feed Grade
  • Pharma Grade
  • Industrial Grade/Technical Grade

Application

  • Pharmaceutical
  • Animal Feed
  • Food & Beverage

Calcium Propionate Market Regional Analysis/Insights

The calcium propionate market is analysed and market size insights and trends are provided by country, type, source, form, grade and applications as referenced above.

The countries covered in the calcium propionate market report are China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Bangladesh and Rest of Asia-Pacific.

Due to the easy availability of raw materials and the widespread acceptance of natural alternatives for a healthy lifestyle in Asia-Pacific, the natural segment is dominating market growth in China.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Calcium Propionate Market Share Analysis

The calcium propionate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcium propionate market.

Some of the major players operating in the calcium propionate market are:

  • Chr. Hansen Holding A/S (Denmark)
  • DSM (Netherlands)
  • DuPont (US)
  • Evonik Industries (Germany)
  • Land O'Lakes (US)
  • Mitsui & Co., Ltd. (Japan)
  • Ohly (Denmark)
  • Lesaffre (France)
  • Alltech (US)
  • Novozymes (Denmark)
  • Calpis Co., Ltd. (Japan)
  • Unique Biotech (India)
  • Pure Cultures (US)


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Frequently Asked Questions

The Asia-Pacific Calcium Propionate Market is expected to grow at a rate of market is 5.80% during the forecast period of 2022 to 2029.
The Asia-Pacific Calcium Propionate Market value is expected USD 133.24 million by 2029.
The major players operating in the Asia-Pacific Calcium Propionate Market are Chr. Hansen Holding A/S (Denmark), DSM (Netherlands), DuPont (US), Evonik Industries (Germany), Land O'Lakes (US), Mitsui & Co., Ltd. (Japan), Ohly (Denmark), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Unique Biotech (India), and Pure Cultures (US).
The major countries covered in the Asia-Pacific Calcium Propionate Market are China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Bangladesh and Rest of Asia-Pacific.