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North America Calcium Propionate Market – Industry Trends and Forecast to 2030

Food & Beverage

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North America Calcium Propionate Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Jul 2023
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Calcium Propionate Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 91,116.94 USD Million
Diagram Market Size (Forecast Year) USD 143,665.85 USD Million
Diagram CAGR %

Major Markets Players

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North America 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.

North America Calcium Propionate Market

North America Calcium Propionate Market Analysis and Size

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 North America calcium propionate market, which was USD 91,116.94 million in 2022, would rocket up to USD 143,665.85 million by 2030, and is expected to undergo a CAGR of 5.9% 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.

North America Calcium Propionate Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, 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

U.S., Canada and Mexico

Market Players Covered

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.), MAGNESIA GmbH (Germany)

Market Opportunities

  • Expansion of the aquaculture industry
  • Increase in demand for preservatives in cosmetic industries

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.

North America Calcium Propionate Market Dynamics

Drivers

  • Increasing demand for processed and convenience food products

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 in North America 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.

  • Rising development for clean-label food products

The rising development of clean-label food products drives the North America calcium propionate market. 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.

  • Increasing demand for processed and packaged foods

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

  • Expansion of the aquaculture industry

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

  • Availability of substitutes

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 Developments

  • 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. This product launch helped the company to get more consumer base in North American region
  • 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. Through this expansion, the company aimed to expand its product portfolio in the market.

North America Calcium Propionate Market Scope

The calcium propionate market is segmented on the basis of 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

  • ENCAPSULATED
  • NON-ENCAPSULATED

SOURCE

  • NATURAL
  • SYNTHETIC

FORM

  • POWDERED
  • LIQUID

GRADE

  • FOOD GRADE
  • FEED GRADE
  • PHARMA GRADE
  • INDUSTRIAL GRADE/TECHNICAL GRADE

APPLICATION

  • FOOD & BEVERAGES
  • BAKERY PRODUCTS
  • BISCUITS & COOKIES
  • CAKES & PANCAKES
  • DONUTS & WAFFLES
  • FILLINGS AND TOPPINGS
  • OTHERS
  • CONFECTIONERY PRODUCTS
  • PANNED COATED CONFECTIONS &CHOCOLATES
  • CHEWY CANDY & HARD GUMS
  • OTHERS
  • CONVENIENCE FOODS
  • INSTANT SOUPS
  • SAUCES & GRAVIES
  • SALAD DRESSINGS
  • SWEET & SAVORY DIPS
  • EXTRUDED SNACKS
  • PASTA
  • NOODLES
  • OTHERS
  • DAIRY PRODUCTS
  • DAIRY BEVERAGES
  • FLAVOURED YOGHURTS
  • DESSERTS
  • ICE-CREAM & ICE-CREAM CONE
  • JAMS & JELLIES
  • PUDDINGS
  • CUSTARD
  • BEVERAGES
  • JUICES
  • RTD COFFEE & TEA
  • SOFT DRINKS
  • BEER
  • OTHERS
  • PROCESSED MEATS AND FISH
  • OTHERS
  • FEED
  • SWINE FEED
  • PET FOOD
  • AQUAFEED
  • POULTRY FEED
  • RUMINANT FEED
  • PHARMACEUTICALS
  • OTHERS

Calcium Propionate Market Regional Analysis/Insights

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 countries covered in the calcium propionate market report are U.S., Canada, and Mexico.

U.S. dominates and growing with the highest CAGR in the North America calcium propionate market because of the strong base of manufacturing facilities, strong presence of major players in the market, increased demand for calcium propionate among the consumers, and rising number of business strategies in this country.

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.

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, 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:

  • 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.)
  • MAGNESIA GmbH (Germany)


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FREQUENTLY ASK QUESTIONS

The North America Calcium Propionate Market will be worth USD 143,665.85 million by 2030
The North America Calcium Propionate Market Growth rate is 5.9% during the forecast period.
The Increasing demand for processed and convenience food products and the Rising development of clean-label food products are the Growth Drivers of the North America Calcium Propionate Market.
The type, source, form, grade, and application are the factors on which the North America Calcium Propionate Market research is based.
Kemin Industries, Inc. announced its new product extending its portfolio in the North American market, namely SHIELD Pure and 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. are the latest developments in the North America Calcium Propionate Market.
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