Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 350.12 Million |
| USD 567.32 Million | |
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Global 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 2030.
The growing demand for processed food products and the requirement for efficient preservation techniques have contributed to the calcium propionate market experiencing significant growth in recent years. Manufacturers include calcium propionate in their formulations due to growing consumer awareness of food safety issues and the harmful effects of microbial contamination. As a result, the calcium propionate market is anticipated to grow shortly.
Data Bridge Market Research analyses that the global calcium propionate market, which was USD 350.12 million in 2022, would rocket up to USD 567.32 million by 2030 and is expected to undergo a CAGR of 6.2% during the forecast period. "Encapsulated" dominates the type segment of the calcium propionate market owing to the growing demand for industrial applications. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada, Mexico, China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Bangladesh, Rest of Asia-Pacific, Germany, France, U.K., Spain, Russia, Denmark, Sweden, Poland, Norway, Hungry, Iceland, Turkey, Italy, Belgium, Netherlands, Switzerland, Rest of Europe, Saudi Arabia, South Africa, United Arab Emirates, Qatar, Kuwait, Egypt, Israel, Rest of Middle East and Africa, Chile, Ecuador, Peru, Brazil, Argentina and Rest of South America
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Market Players Covered
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Kemira (Finland), Perstorp (Sweden), Fine Organic Industries Limited. (India), Macco Organiques Inc. (Canada), Impextraco NV (Belgium), LGM Pharma. (U.S.), Titan Biotech. (India), A.M FOOD CHEMICAL CO., LIMITED (China), BELL CHEM CORP. (U.S.), Dr. Paul Lohmann GmbH & Co. KGaA (Germany), Environmental Working Group. (U.S.), Kemin Industries, Inc. (U.S.), and MAGNESIA GmbH (Germany)
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Market Opportunities
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Market Definition
Calcium propionate is a chemical compound widely used as a preservative in the food industry. It is derived from calcium hydroxide and propionic acid. It is renowned for its capacity to prevent the development of mold and bacteria, extending the shelf life of various foods, especially baked goods. Due to its success in preserving food safety and preventing microbial contamination, calcium propionate has become widely recognized as a trustworthy additive.
Drivers
The growing consumer preference for ready-to-eat and convenience food items drives the demand for calcium propionate as a preservative to ensure product safety and extended shelf life. The convenience food sector has experienced substantial growth globally due to changing lifestyles, busy schedules, and a growing preference for ready-to-eat meals. Consumers increasingly seek food products that offer convenience, longer shelf life, and easy availability. As a result, manufacturers in the food industry have been incorporating calcium propionate into their products to meet these demands.
The rising development of clean-label food products drives the calcium propionate market growth. The clean label refers to the growing consumer demand for food products that contain natural, recognizable, and minimally processed ingredients. Consumers are increasingly concerned about artificial additives, preservatives, and chemicals in their food and seek cleaner and more transparent labeling.
The increasing demand for processed and packaged foods is a significant driver for the calcium propionate market. Processed and packaged foods have gained popularity due to their convenience, longer shelf life, and availability. Calcium propionate is commonly used as a food preservative in processed and packaged foods to prevent microbial spoilage, extend shelf life, and maintain product freshness. It inhibits the growth of molds and bacteria, thereby ensuring the safety and quality of these food products.
Opportunity
Expanding the aquaculture industry presents an opportunity for calcium propionate in North America. As the aquaculture sector grows, there is a rising need for high-quality feed with an extended shelf life to support the health and productivity of farmed fish and aquatic organisms. Calcium propionate serves as a feed preservative, preventing spoilage and maintaining the nutritional value of the feed.
Restraint/Challenge
The availability of substitutes can act as a restraining factor for the calcium propionate market in North America. While calcium propionate is widely used as a food preservative, alternative preservatives and antimicrobial agents can serve similar purposes. One such substitute is sodium propionate, which shares similar properties and functionalities with calcium propionate. Sodium propionate can be an alternative in certain food applications and may offer similar preservation benefits. Other preservatives such as sorbic acid, benzoic acid, and their salts also serve as alternatives to calcium propionate in specific food products.
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.
Recent Development
In September 2022, Kemin Industries, Inc. announced its new product extending its portfolio in the North American market, namely SHIELD Pure. The product, which has a clean label and is cultured dextrose, enables bakers to swap out dry calcium propionate and propionic acid. This new technology is a fantastic addition to Kemin's portfolio of bakery solutions because it enables bakers to overcome formulation and process challenges and create the ideal baked goods, flatbreads, and tortillas that last longer and are safer and fresher.
In January 2019, Kemira announced that they had signed an agreement to establish a joint venture of Kemira Yongsan Chemicals Co., Ltd in Ulsan, Republic of Korea, with Yongsan Chemicals. The company aimed to expand its product portfolio in the market through this expansion.
The calcium propionate market is segmented based on type, source, form, grade, and application. The growth amongst these segments will help you analyse 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
Source
Form
Grade
Application
The calcium propionate market is analysed and market size insights and trends are provided by type, source, form, grade, and application, as referenced above.
The regions covered in the calcium propionate market report are U.S., Canada, Mexico, China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Bangladesh, Rest of Asia-Pacific, Germany, France, U.K., Spain, Russia, Denmark, Sweden, Poland, Norway, Hungry, Iceland, Turkey, Italy, Belgium, Netherlands, Switzerland, Rest of Europe, Saudi Arabia, South Africa, United Arab Emirates, Qatar, Kuwait, Egypt, Israel, Rest of Middle East and Africa, Chile, Ecuador, Peru, Brazil, Argentina, and rest of South America.
Europe dominates and is the fastest growing in the calcium propionate market as consumers have a wide demand for natural preservatives in cosmetic products to increase the product's shelf life and avoid any skin irritation and allergies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 global 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.
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, global 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 the market.
Some of the major players operating in the calcium propionate market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Calcium Propionate Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Calcium Propionate Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.