Calcium
propionate is used as an anti microbial agent and a feed supplement
to prolong shelf life of products. Calcium propionate acts as a
preservative and is employed in various end user segments such as
dairy, meat and bakery among others. Bakery is the largest
application segment for calcium propionate and the trend is expected
to continue in the near future.
Growing
demand for food preservation has been a major driver for calcium
propionate market. High economic growth rate, increasing number of
nuclear families and changing lifestyles are some of the key factors
which have led to increase in demand for preserved food mainly in the
developing economies of Asia Pacific region. Huge demand from Asia
Pacific region is expected to drive the market for the next six
years. Increasing demand for natural preservatives is a major factor
for market growth. Increased research and development to find new
application segments is expected to offer huge growth opportunity for
the industry.
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North
America dominates the global calcium propionate market in terms of
consumption and the trend is expected to continue in the near future.
Demand for calcium propionate is mainly driven by the increasing
demand for bakery products in North America. Europe is the second
largest market for calcium propionate. Demand in North America and
Europe is anticipated to exhibit a sluggish growth owing to market
maturity. Asia Pacific is expected to be the fastest growing region
for the next six years. Demand for calcium propionate Asia Pacific is
mainly driven by the developing economies of India and China. RoW
calcium propionate market is driven by the increasing demand from
South America and Middle East.
Some
of the major players in the calcium propionate market are A.M. Food
Chemicals Co. Ltd., Niacet Corporation, Addcon Gmbh, and Macco
Organiques Inc., Perstorp Holding and Impextraco Nv among others.
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This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
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- Current market trends
- Market structure
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