Rise in Demand for Calcium Propionate as Preservative in Bakery and Packaged Food Products to Drive Market

The global calcium propionate market was valued at US$ 264.0 Mn in 2017 and is anticipated to expand at a CAGR of 5.3% from 2018 to 2026, according to a new report titled ‘Calcium Propionate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global calcium propionate market is primarily driven by the rise in demand for calcium propionate as preservative in bakery, meat processing, and packaged food products.

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Increase in Demand for Calcium Propionate as Food Preservative to Drive Market

Global expansion in the preserved food industry is boosting the demand for calcium propionate, as calcium propionate acts as an antimicrobial agent to kill microorganisms such as bacteria, algae, viruses, and fungi. Thus, it prolongs the shelf life of food products. For instance, growth in demand for bakery products in Canada and rapid development in the bakery industry in Southeast Asia are key factors expected to drive the global calcium propionate market. Studies indicate that calcium propionate is one of the safest food additives used in the food industry. The U.S. Food and Drug Administration has not placed any limitations on the use of calcium propionate in foods. Besides baked goods, it is commonly employed as preservative in processed cheese, chocolate products, and fruit preservatives. Furthermore, the tobacco industry has been utilizing calcium propionate as preservative in some of the products. Since the last few years, the food & beverages industry has been focusing on using natural preservatives to meet the demands of health conscious consumers.

Increase in Need for Convenience Foods Creates Demand for Calcium Propionate

Busy lifestyles have led to a rise in demand for easily consumable products that are not affected by bacteria. However, the alarming rise in health issues faced by consumers has made them aware of the benefits of healthy and nutritive convenience food products. The need to minimize the intake of fats and calories is influencing the demand for specific functional food variants. Calcium propionate is considered to be one of the additives that avoids the spoilage of food products, especially during transportation. It possesses antimicrobial properties that improve efficiency and processing tolerance, and extend the shelf life of various food products. Thus, increase in demand for calcium propionate is anticipated to boost the calcium propionate market in the near future.

Bakery Segment to Dominate Global Calcium Propionate Market

Based on application, the global calcium propionate market has been segmented into bakery, dairy, meat processing, animal feed, beverages, packaged food products, and others. Bakery was the major segment of the market in 2017. It is expected to dominate the market during the forecast period. Calcium propionate includes calcium ions that interfere with the chemical leavening agents present in bacteria and yeast, which are the key ingredients of bakery products. Calcium propionate can be mixed into flour easily. Flour is the key ingredient of bakery products. Calcium propionate prevents microbes from producing the energy they need. It is a widely used preservative in bread and baked goods. Other grain foods that are preserved with calcium propionate include pasta, breakfast cereals, and noodles. Calcium propionate prevents the formation of rope and mold and extends the shelf life of bread and baked goods.

Europe Dominates Global Calcium Propionate Market

Based on region, the global calcium propionate market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe led the global market in 2017. The market in the region is estimated to expand at a steady pace during the forecast period due to the high demand for calcium propionate in various industries such as bakery, dairy, and animal feed. Rise in number of industries in Asia Pacific and high demand for calcium propionate in developing countries are the key factors hampering the development of the market in Europe. Demand for calcium propionate is poised to increase further in Europe due to the ban imposed on antibiotics in some applications. Demand for preserved products in North America has been increasing owing to the stringent food security regulations and rise in usage of these in livestock-based products.

The global calcium propionate is driven by the expansion in end-use industries. Rise in quality animal feed products and increasing need for animal feed grain preservation are boosting the global calcium propionate market.

High Degree of Competition among Market Players

High degree of competition exists among players operating in the global calcium propionate market. The market is dominated by large players and is moderately consolidated. Major players account for more than 65% share of the market. These key players include Perstorp Holding AB, Niacet Corporation, Kemira, Macco Organiques Inc., and AB Mauri. Perstorp Holding AB produces and supplies calcium propionate in North America, Latin America, Europe, Africa, and Asia Pacific.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market: Busy Lifestyle Promoting Popularity of Ready-to-eat Foods Proves A Boon for Market

The global calcium propionate market is consolidated with the leading players accounting for a substantial two third share in it. Some such leading players are Niacet Corporation, Perstorp Holding AB, and Kemira. These players have come to hold a prominent position in the market through their solid distribution channels all across the globe. They also hold a sway over the market because of their diversified product portfolios. Most of them, however, are mainly focused on supplying calcium propionate to bakeries.

A report by Transparency Market Research predicts the global calcium propionate market to rise at 4.9% between 2017 and 2023 to become worth US$480.3 mn by 2023-end. The market was valued at US$360.4 mn in 2017-end.

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Depending upon applications or end use, bakeries currently generate maximum demand in the global calcium propionate market. As per the TMR report, the segment would clock almost US$270.3 mn in revenue by 2023-end. From a geographical standpoint, Europe has been seeing a steady rise in demand in the calcium propionate market. This is mainly in account of the rising demand for ready-to-eat foods in the U.K., Italy, and France. Demand has also risen on account of curbs on sales of other preservatives. By end of 2023, the Europe calcium propionate market is expected to generate revenue to the tune of US$175.9 mn, states our report.

Foremost demand driver in the global calcium propionate market is the increasingly hectic schedules of people. This has left them with little time to cook elaborate meals in their kitchens thus leading to surging demand for ready-to-eat foods, canned foods, and preserved foods. All such kinds of food require preservatives such as calcium propionate to prolong their shelf lives. The lead analyst of our report explains in details, “Calcium propionate is a useful anti-microbial preservative and is a great solution to the increasing concerns for food-borne illnesses.”

Thus calcium propionate is being used in various areas such as dairy, animal feed, meat processing, packaged food products, beverages, grain protection, and plant pesticides apart from bakery products. Besides, the lesser manufacturing cost is also helping to boost the market.

Despite its numerous uses, the global calcium propionate market is running into headwinds owing to the surging demand for fresh foods sans additives and preservatives. This is because of the rising tribe of health conscious consumers and advice by doctors to consume fresh healthy stuff for good health. Despite such hiccups, the global calcium propionate market is predicted to grow because of its preference over sodium propionate.

A noticeable trend in the global calcium propionate market is the shifting of gaze towards the under tapped and high growth Asia Pacific market by keen players. This would help them overcome the challenge of sluggish sales in saturated advanced markets.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Bakery Top Application Segment of Calcium Propionate Market

The global calcium propionate market is consolidated with the leading players accounting for a substantial two third share in it. Some such leading players are Niacet Corporation, Perstorp Holding AB, and Kemira. These players have come to hold a prominent position in the market through their solid distribution channels all across the globe. They also hold a sway over the market because of their diversified product portfolios. Most of them, however, are mainly focused on supplying calcium propionate to bakeries.

A report by Transparency Market Research predicts the global calcium propionate market to rise at 4.9% between 2017 and 2023 to become worth US$480.3 mn by 2023-end. The market was valued at US$360.4 mn in 2017-end.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

Depending upon applications or end use, bakeries currently generate maximum demand in the global calcium propionate market. As per the TMR report, the segment would clock almost US$270.3 mn in revenue by 2023-end. From a geographical standpoint, Europe has been seeing a steady rise in demand in the calcium propionate market. This is mainly in account of the rising demand for ready-to-eat foods in the U.K., Italy, and France. Demand has also risen on account of curbs on sales of other preservatives. By end of 2023, the Europe calcium propionate market is expected to generate revenue to the tune of US$175.9 mn, states our report.

Foremost demand driver in the global calcium propionate market is the increasingly hectic schedules of people. This has left them with little time to cook elaborate meals in their kitchens thus leading to surging demand for ready-to-eat foods, canned foods, and preserved foods. All such kinds of food require preservatives such as calcium propionate to prolong their shelf lives. The lead analyst of our report explains in details, “Calcium propionate is a useful anti-microbial preservative and is a great solution to the increasing concerns for food-borne illnesses.”

Thus calcium propionate is being used in various areas such as dairy, animal feed, meat processing, packaged food products, beverages, grain protection, and plant pesticides apart from bakery products. Besides, the lesser manufacturing cost is also helping to boost the market.

Despite its numerous uses, the global calcium propionate market is running into headwinds owing to the surging demand for fresh foods sans additives and preservatives. This is because of the rising tribe of health conscious consumers and advice by doctors to consume fresh healthy stuff for good health. Despite such hiccups, the global calcium propionate market is predicted to grow because of its preference over sodium propionate.

A noticeable trend in the global calcium propionate market is the shifting of gaze towards the under tapped and high growth Asia Pacific market by keen players. This would help them overcome the challenge of sluggish sales in saturated advanced markets.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market: Europe to Remain Most Profitable Region Until 2023

The trend that the food, beverages, and dairy industries are currently feeding-off is packaged products. Urban populations have a restless lifestyle and their percentage is propelling, owing to the progress that emerging economies such as BRICS nations are exhibiting. Collectively, the demand for organic ingredients that can extend the shelf-life of consumable-products is on an upward curve, helping the manufacturers to cater to a wider range of customers. Calcium propionate makes for a viable alternative, acting as a food additive, preservative, and antimicrobial agent. According to the findings of this this research study, the demand in the calcium propionate market will increment at notable CAGR of 4.9% during the forecast period of 2017 to 2023. Revenue-wise, the global calcium propionate market is estimated to be worth US$480.3 million by the end of 2023, mounting from the market’s evaluated value of US$360.4 million as of 2017.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

While the calcium propionate market is gaining traction from the increasing demand for convenience foods, factors such as stringent government regulations and growing preference of fresh food products over preserved food are a few restraints holding the progress. The analyst of the report has foreseen the animal feed industry to open newer opportunities for the stockholders connected to the value chain of the calcium propionate market.

Application-wise, the this business intelligence report segments the calcium propionate market into dairy, bakery, animal feed, meat processing, beverages, packaged food products, and others including grain protection and plant pesticides. Among these, as of 2017, bakery was the most profitable application segment, generating a demand worth of US$207.1 million. Calcium propionate can be easily mixed with flour and prevents microbes from producing the energy they need. Calcium propionate is a widely used preservative in bread and baked goods. Other grain foods that are preserved with calcium propionate include pasta breakfast cereals, and noodles. It prevents formation of rope and mold and extends the normal shelf life of bread and baked goods.

While the bakery industry is expected to remain the most prominent importer of calcium propionate in the near future, packaged food products segment is primed to expand at an above-average CAGR of 5.6% during 2017 to 2023.

Region-wise, this report takes stock of the potential of demand for calcium propionate that can be expected out of North America, Asia Pacific (APAC), Europe, and the Rest of the World, including Latin America, the Middle East, and Africa. Currently, the Europe calcium propionate market is most lucrative, producing a demand worth of US$134.8 million in 2017 and projected to expand at a CAGR of 4.5% during 2017-2023. Among various application-segments, bakery is estimated to be worth US$99.0 million in the European region. North America and Asia Pacific have been identified as other two key regions in this market.

One of the featured section of this report is on the vendor landscape, wherein a number of prominent companies of the calcium propionate market have been profiled for their stronghold over the market in terms of shares, geographical presence, and recent strategic decisions. Some of the prominent players in the global calcium propionate market are Perstorp Holding AB, Kemira, and Niacet Corporation.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market Driven by Growing Demand for Ready-to-eat Foods & Preserved Foods

The trend that the food, beverages, and dairy industries are currently feeding-off is packaged products. Urban populations have a restless lifestyle and their percentage is propelling, owing to the progress that emerging economies such as BRICS nations are exhibiting. Collectively, the demand for organic ingredients that can extend the shelf-life of consumable-products is on an upward curve, helping the manufacturers to cater to a wider range of customers. Calcium propionate makes for a viable alternative, acting as a food additive, preservative, and antimicrobial agent. According to the findings of this this research study, the demand in the calcium propionate market will increment at notable CAGR of 4.9% during the forecast period of 2017 to 2023. Revenue-wise, the global calcium propionate market is estimated to be worth US$480.3 million by the end of 2023, mounting from the market’s evaluated value of US$360.4 million as of 2017.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

While the calcium propionate market is gaining traction from the increasing demand for convenience foods, factors such as stringent government regulations and growing preference of fresh food products over preserved food are a few restraints holding the progress. The analyst of the report has foreseen the animal feed industry to open newer opportunities for the stockholders connected to the value chain of the calcium propionate market.

Application-wise, the this business intelligence report segments the calcium propionate market into dairy, bakery, animal feed, meat processing, beverages, packaged food products, and others including grain protection and plant pesticides. Among these, as of 2017, bakery was the most profitable application segment, generating a demand worth of US$207.1 million. Calcium propionate can be easily mixed with flour and prevents microbes from producing the energy they need. Calcium propionate is a widely used preservative in bread and baked goods. Other grain foods that are preserved with calcium propionate include pasta breakfast cereals, and noodles. It prevents formation of rope and mold and extends the normal shelf life of bread and baked goods.

While the bakery industry is expected to remain the most prominent importer of calcium propionate in the near future, packaged food products segment is primed to expand at an above-average CAGR of 5.6% during 2017 to 2023.

Region-wise, this report takes stock of the potential of demand for calcium propionate that can be expected out of North America, Asia Pacific (APAC), Europe, and the Rest of the World, including Latin America, the Middle East, and Africa. Currently, the Europe calcium propionate market is most lucrative, producing a demand worth of US$134.8 million in 2017 and projected to expand at a CAGR of 4.5% during 2017-2023. Among various application-segments, bakery is estimated to be worth US$99.0 million in the European region. North America and Asia Pacific have been identified as other two key regions in this market.

One of the featured section of this report is on the vendor landscape, wherein a number of prominent companies of the calcium propionate market have been profiled for their stronghold over the market in terms of shares, geographical presence, and recent strategic decisions. Some of the prominent players in the global calcium propionate market are Perstorp Holding AB, Kemira, and Niacet Corporation.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market Revenue is Projected at a CAGR of 4.9% from 2017 to 2023

The trend that the food, beverages, and dairy industries are currently feeding-off is packaged products. Urban populations have a restless lifestyle and their percentage is propelling, owing to the progress that emerging economies such as BRICS nations are exhibiting. Collectively, the demand for organic ingredients that can extend the shelf-life of consumable-products is on an upward curve, helping the manufacturers to cater to a wider range of customers. Calcium propionate makes for a viable alternative, acting as a food additive, preservative, and antimicrobial agent. According to the findings of this this research study, the demand in the calcium propionate market will increment at notable CAGR of 4.9% during the forecast period of 2017 to 2023. Revenue-wise, the global calcium propionate market is estimated to be worth US$480.3 million by the end of 2023, mounting from the market’s evaluated value of US$360.4 million as of 2017.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

While the calcium propionate market is gaining traction from the increasing demand for convenience foods, factors such as stringent government regulations and growing preference of fresh food products over preserved food are a few restraints holding the progress. The analyst of the report has foreseen the animal feed industry to open newer opportunities for the stockholders connected to the value chain of the calcium propionate market.

Application-wise, the this business intelligence report segments the calcium propionate market into dairy, bakery, animal feed, meat processing, beverages, packaged food products, and others including grain protection and plant pesticides. Among these, as of 2017, bakery was the most profitable application segment, generating a demand worth of US$207.1 million. Calcium propionate can be easily mixed with flour and prevents microbes from producing the energy they need. Calcium propionate is a widely used preservative in bread and baked goods. Other grain foods that are preserved with calcium propionate include pasta breakfast cereals, and noodles. It prevents formation of rope and mold and extends the normal shelf life of bread and baked goods.

While the bakery industry is expected to remain the most prominent importer of calcium propionate in the near future, packaged food products segment is primed to expand at an above-average CAGR of 5.6% during 2017 to 2023.

Region-wise, this report takes stock of the potential of demand for calcium propionate that can be expected out of North America, Asia Pacific (APAC), Europe, and the Rest of the World, including Latin America, the Middle East, and Africa. Currently, the Europe calcium propionate market is most lucrative, producing a demand worth of US$134.8 million in 2017 and projected to expand at a CAGR of 4.5% during 2017-2023. Among various application-segments, bakery is estimated to be worth US$99.0 million in the European region. North America and Asia Pacific have been identified as other two key regions in this market.

One of the featured section of this report is on the vendor landscape, wherein a number of prominent companies of the calcium propionate market have been profiled for their stronghold over the market in terms of shares, geographical presence, and recent strategic decisions. Some of the prominent players in the global calcium propionate market are Perstorp Holding AB, Kemira, and Niacet Corporation.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market Expected to Reach US$480.3 million by the end of 2023

The trend that the food, beverages, and dairy industries are currently feeding-off is packaged products. Urban populations have a restless lifestyle and their percentage is propelling, owing to the progress that emerging economies such as BRICS nations are exhibiting. Collectively, the demand for organic ingredients that can extend the shelf-life of consumable-products is on an upward curve, helping the manufacturers to cater to a wider range of customers. Calcium propionate makes for a viable alternative, acting as a food additive, preservative, and antimicrobial agent. According to the findings of this this research study, the demand in the calcium propionate market will increment at notable CAGR of 4.9% during the forecast period of 2017 to 2023. Revenue-wise, the global calcium propionate market is estimated to be worth US$480.3 million by the end of 2023, mounting from the market’s evaluated value of US$360.4 million as of 2017.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

While the calcium propionate market is gaining traction from the increasing demand for convenience foods, factors such as stringent government regulations and growing preference of fresh food products over preserved food are a few restraints holding the progress. The analyst of the report has foreseen the animal feed industry to open newer opportunities for the stockholders connected to the value chain of the calcium propionate market.

Bakery Top Application Segment of Calcium Propionate Market

Application-wise, the this business intelligence report segments the calcium propionate market into dairy, bakery, animal feed, meat processing, beverages, packaged food products, and others including grain protection and plant pesticides. Among these, as of 2017, bakery was the most profitable application segment, generating a demand worth of US$207.1 million. Calcium propionate can be easily mixed with flour and prevents microbes from producing the energy they need. Calcium propionate is a widely used preservative in bread and baked goods. Other grain foods that are preserved with calcium propionate include pasta breakfast cereals, and noodles. It prevents formation of rope and mold and extends the normal shelf life of bread and baked goods.

While the bakery industry is expected to remain the most prominent importer of calcium propionate in the near future, packaged food products segment is primed to expand at an above-average CAGR of 5.6% during 2017 to 2023.

Europe to Remain Most Profitable Region Until 2023

Region-wise, this report takes stock of the potential of demand for calcium propionate that can be expected out of North America, Asia Pacific (APAC), Europe, and the Rest of the World, including Latin America, the Middle East, and Africa. Currently, the Europe calcium propionate market is most lucrative, producing a demand worth of US$134.8 million in 2017 and projected to expand at a CAGR of 4.5% during 2017-2023. Among various application-segments, bakery is estimated to be worth US$99.0 million in the European region. North America and Asia Pacific have been identified as other two key regions in this market.

One of the featured section of this report is on the vendor landscape, wherein a number of prominent companies of the calcium propionate market have been profiled for their stronghold over the market in terms of shares, geographical presence, and recent strategic decisions. Some of the prominent players in the global calcium propionate market are Perstorp Holding AB, Kemira, and Niacet Corporation.

Get more Information: https://globenewswire.com/news-release/2018/05/08/1498153/0/en/Calcium-Propionate-Market-is-expected-to-reach-US-480-3-million-by-2023-high-Demand-in-F-B-Sector-Attributed-to-Shifting-Consumption-Patterns-reports-TMR.html

Calcium Propionate Market Globally Expected to Drive Growth through 2023

Perstorp Holding AB, Niacet Corporation, and Kemira were three of the key manufacturers and distributors of calcium propionate in 2015. The top players in the global calcium propionate market held a share of nearly two-thirds in value in 2014 and includes the above three names.

As per a research report recently published by Transparency Market Research, the top players in the global calcium propionate market possess a very strong distribution chain across key regions of the world. Companies such as Perstorp Holding also keep a diverse product offering to remain independent of one product in terms of revenue generation. A lot of the players in this market are primarily focused towards providing calcium propionate to bakeries.

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The global market for calcium propionate is expected to reach US$480.3 mn by the end of 2023. Its revenue is projected at a CAGR of 4.9% from 2015 to 2023 and is predicted to be valued at US$343.6 mn by the end of 2016. The function of calcium propionate as a preservative has found a massive scope of applications in bakeries. By the end of 2023, the application segment of bakery in the global calcium propionate market is expected to reach a revenue of US$270.3 mn.

Europe has been the steadiest in its demand for calcium propionate over the years. By the end of 2023, Europe is expected to generate a revenue of US$175.9 mn in its demand for calcium propionate. A large part of this revenue is attributed to the growing demand for ready-to-eat foods and preserved foods in France, the U.K., and Italy. The consumption of calcium propionate in Europe has also been boosted by the restrictions on other preservatives by REACH.

Meanwhile, Asia Pacific is expected to show a high demand for calcium propionate over the coming years. This region is showing a greater preference towards calcium propionate due to the ban on several antibiotics in various applications. North America is expected to show a sluggish growth in its demand for calcium propionate till 2023.

Demand for Convenience Foods, Consequently Calcium Propionate, on the Rise

“A very common factor visible in all nations is an increasingly busy lifestyle of the working class. A large number of people are invested in this lifestyle and therefore need forms of sustenance that are primarily easy to eat. This massive demand for preserved foods, ready-to-eat foods, and canned foods is proportionately calling for a greater volume of preservatives. At the moment, calcium propionate is a solid option for most foods and especially bakery products,” states a TMR analyst.

Calcium propionate is great as an anti-microbial preservative and can be a solid answer to the rising concerns over food-borne illnesses and related health issues. Consumer are increasingly aware of the possibility of contracting several diseases through consumption of unsafe food, thereby creating a higher demand for preservatives and anti-microbial additives. The case falls in the favor of calcium propionate even further due to its relative cost-effectiveness in manufacturing.

Growing Demand for Fresh and Organic Foods Hampers Calcium Propionate Demand

There is currently a high demand for fresh foods that are devoid of preservatives and additives, owing to the health concerns linked to their consumption. Consumers are steadily shifting their preference towards fresh foods and consequently creating a fall in the demand for calcium propionate and other preservatives. This restraint is expected to have a medium level impact on the global calcium propionate till 2023.

“The use of calcium propionate over sodium propionate can be a key factor that helps increase the demand for the former over the coming years. Additionally, globally prominent manufacturers of calcium propionate can now look to emerging economies from the Asia Pacific for massive volumes of demand and future opportunities,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Calcium Propionate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:

• The applications of calcium propionate in the bakeries is expected to reach US$270.3 mn globally by 2023.
• Europe is expected to continue leading the demand for calcium propionate, which is expected to reach US$140 mn by 2023 in revenue.
• The global market for calcium propionate is expected to achieve an overall revenue US$480.00 mn.

Calcium Propionate Market: Demand for Convenience Foods, Consequently Calcium Propionate, on the Rise

As per a research report recently published by Transparency Market Research, the top players in the global calcium propionate market possess a very strong distribution chain across key regions of the world. Companies such as Perstorp Holding also keep a diverse product offering to remain independent of one product in terms of revenue generation. A lot of the players in this market are primarily focused towards providing calcium propionate to bakeries.

The global market for calcium propionate is expected to reach US$480.3 mn by the end of 2023. Its revenue is projected at a CAGR of 4.9% from 2015 to 2023 and is predicted to be valued at US$343.6 mn by the end of 2016. The function of calcium propionate as a preservative has found a massive scope of applications in bakeries. By the end of 2023, the application segment of bakery in the global calcium propionate market is expected to reach a revenue of US$270.3 mn.

Europe has been the steadiest in its demand for calcium propionate over the years. By the end of 2023, Europe is expected to generate a revenue of US$175.9 mn in its demand for calcium propionate. A large part of this revenue is attributed to the growing demand for ready-to-eat foods and preserved foods in France, the U.K., and Italy. The consumption of calcium propionate in Europe has also been boosted by the restrictions on other preservatives by REACH.

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Meanwhile, Asia Pacific is expected to show a high demand for calcium propionate over the coming years. This region is showing a greater preference towards calcium propionate due to the ban on several antibiotics in various applications. North America is expected to show a sluggish growth in its demand for calcium propionate till 2023.

Demand for Convenience Foods, Consequently Calcium Propionate, on the Rise

“A very common factor visible in all nations is an increasingly busy lifestyle of the working class. A large number of people are invested in this lifestyle and therefore need forms of sustenance that are primarily easy to eat. This massive demand for preserved foods, ready-to-eat foods, and canned foods is proportionately calling for a greater volume of preservatives. At the moment, calcium propionate is a solid option for most foods and especially bakery products,” states a TMR analyst.

Calcium propionate is great as an anti-microbial preservative and can be a solid answer to the rising concerns over food-borne illnesses and related health issues. Consumer are increasingly aware of the possibility of contracting several diseases through consumption of unsafe food, thereby creating a higher demand for preservatives and anti-microbial additives. The case falls in the favor of calcium propionate even further due to its relative cost-effectiveness in manufacturing.

Growing Demand for Fresh and Organic Foods Hampers Calcium Propionate Demand

There is currently a high demand for fresh foods that are devoid of preservatives and additives, owing to the health concerns linked to their consumption. Consumers are steadily shifting their preference towards fresh foods and consequently creating a fall in the demand for calcium propionate and other preservatives. This restraint is expected to have a medium level impact on the global calcium propionate till 2023.

“The use of calcium propionate over sodium propionate can be a key factor that helps increase the demand for the former over the coming years. Additionally, globally prominent manufacturers of calcium propionate can now look to emerging economies from the Asia Pacific for massive volumes of demand and future opportunities,” adds the analyst.

Perstorp Holding AB, Niacet Corporation, and Kemira were three of the key manufacturers and distributors of calcium propionate in 2015. The top players in the global calcium propionate market held a share of nearly two-thirds in value in 2014 and includes the above three names.

Global Calcium Propionate Market: Burgeoning Demand in Bakery Applications Drives Growth Prospects, says TMR

Transparency Market Research (TMR) observes that key players in the global calcium propionate market have a strong focus towards research and development (R&D) activities in order to expand their product portfolio. For instance, in September 2015, Niacet Tiel inaugurated a newly renovated laboratory with new testing equipment for research in food products. Other prominent participants in the global market are AB Mauri, Kemira, Perstorp Holding AB, and Macco Organiques Inc.

“Besides R&D, key players are paying high attention to strengthening distribution channel and introducing products that are in line with protean customer requirements,” says TMR’s lead analyst. The global market for calcium propionate had a valuation of US$343.6 mn in 2016 and is estimated to rise to US$480.3 mn by 2023, progressing at a 4.9% CAGR between 2015 and 2023.

Europe to Lead Revenue Generation through 2023

Based on application, bakery will continue to dominate the market until 2023, representing over 56.0% of its value. Calcium propionate prevents the formation of mold and rope and boosts the normal shelf life of bread and other baked products, thereby triggering its adoption in bakery products. It is also used in grain protection and plant pesticides. Demand for calcium propionate in these applications is expected to increase over the coming years. As a result, the other segment is poised to expand at a noteworthy CAGR during the forecast period.

Geographically, Europe will be the frontrunner in the global arena throughout the review period. The growing demand for preserved food and the increasing number of bakeries in the region are fuelling the market. The Rest of the World segment is anticipated to register a CAGR of 6.8% during the same period, with Brazil and South Africa being the sights of high growth rate. The rising concerns regarding food hygiene and preservation along with the changing food habits of the populace in emerging countries are contributing to the growth of the segment.

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Swelling Demand for Convenience Foods Triggers Adoption

“Busy lifestyles of consumers are creating a staggering volume of demand for convenience food products that have a high shelf life. However, there is also an increasing health consciousness among consumers, which is motivating them to consume healthy and nutritive convenience food products,” says a TMR analyst. These factors are resulting in soaring demand for safe food additives, thereby augmenting the global calcium propionate market.

Calcium propionate is considered to one of the safest and an ideal antimicrobial agent for bakery items to restrict the growth of molds and other microorganisms. In addition, its cost-effectiveness provides it an edge over their substitutes, including sorbates and sulfites. Owing to these factors, the demand for calcium propionate is likely to witness significant boost.

Shift in Preference towards Fresh Food Takes its Toll on Market Growth

Despite busy lifestyles of people, the rising sense of health consciousness is prompting them to shift towards fresh food from preserved food. This trend is hindering the widespread adoption of food preservatives and additives, thereby hampering the growth of the global calcium propionate market. Furthermore, stringent government regulations across different countries pertaining to the usage of preservatives are keeping the market from realizing its utmost potential. TMR analyst observes that safety standards are stricter in developed countries than developing countries. Thus, over the forthcoming years, key players are expected to shift their focus towards emerging countries in order to maximize their revenue.

The above data has been derived from the report by TMR, titled “Calcium Propionate Market (Application - Bakery, Dairy, Meat Processing, Animal Feed, and Plant Pesticides and Grain Protection) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023.”

The global calcium propionate market is segmented as follows:

Global calcium propionate market, by Application

• Bakery
• Dairy
• Meat processing
• Animal Feed
• Beverages
• Packaged food products
• Others (Plant pesticides and grain protection etc.)

Global Calcium Propionate Market: Imperative Need to Improve Shelf-life of Food Items Spikes Demand, Says TMR

The top three players in the global calcium propionate market, Niacet Corporation, Perstorp Holding AB, and Kemira, held a two-third share in the market in 2014. Transparency Market Research states that the leading players are expected to develop excellent distributions chains to improve product penetrations and sales says Transparency Market Research. Companies are also expected to focus on building a strong product portfolio in the coming years to strengthen their means of revenue generation.

According to the research report, the global calcium propionate market was valued at US$343.6 mn by the end of 2016. By the end of 2023, the global market is expected to touch revenue worth US$480.3 mn as it promises to expand at a CAGR of 4.9%. Increasing adoption of calcium propionate in baking is expected give the global market a significant boost. Owing to this reason, the baking application segment in the overall market is slated to reach a revenue of US$270.3 mn by the end of 2023.

Stringent Regulations about Food Preservatives Up Calcium Propionate Consumption in Europe

Geographically, the global calcium propionate market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The regional market of Europe is expected to expand at a steady pace in the coming years as it promises to generate a revenue of US$175.9 mn by the end of 2023. The emergence of the Europe calcium propionate market will be attributable to the high demand for ready-to-eat food items across Italy, the U.K., and France. The demand in this regional market will be fueled by the high consumption of preserved food items and stringent regulations imposed by REACH about using other preservatives.

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Demand for Ready-to-Eat Meals Spurs Growth of Global Calcium Propionate Market

The changing lifestyles that are characterized by no time for eating wholesome meals has triggered a wave of concern amongst urban dwellers. The food and beverages companies have offered a simple solution to this conundrum with packaged and ready-to-eat meals that come in a wide range of preparations. Thus, the rising consumption of quick meals has raised the demand for calcium propionate as it an imperative preservative used for preventing food contamination. This anti-microbial preservative is being used for averting food-borne illnesses and related issues. Thus, the rising worries about food related health issues are likely to increase the consumption of calcium propionate in the near future.

Its cost-effectiveness is also expected to have a positive impact on the global market. It is extensively being used for storing grains and making food items such as noodles, pastas, and breakfast cereals. Calcium propionate also finds application in preparation of animal feed, meat processing, certain beverages, packaged food items along with bakery food items.

Emerging Trend of Eating Healthy and Fresh Food Items to Challenge Global Market

On the flipside, the demand for calcium propionate is likely to suffer as consumers are opting for fresh food items. Increasing focus on improving lifestyles and cutting down on the consumption of junk food and packaged food items has considerably hampered the global market. The rise of the health and fitness conscious consumers is projected to have a negative impact on the overall market.

The review is based on Transparency Market Research’s report, titled “Calcium Propionate Market (Application - bakery, dairy, meat processing, animal feed and others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key segments of the Global Calcium Propionate Market

Global calcium propionate market, by Application Type

• Bakery
• Dairy
• Meat processing
• Animal Feed
• Beverages
• Packaged food products
• Others (Plant pesticides and grain protection etc.)

Global Calcium Propionate Market: Growing Emphasis on Consumption of Nutritional Food Products to Create Opportunities, says TMR

The global calcium propionate market is led by key players such as AB Mauri, Perstorp Holding AB, Macco Organiques Inc., Niacet Corporation, and Kemira. Players such as Perstorp are expanding their product portfolio through the segmentation of semi-specialty and specialty products by considering factors such as high-quality grades, tailored packaging, new applications, and distribution. The company maintains a balanced product portfolio to avoid dependence on any one of the end-markets. On the other hand, Niacet Corporation is focusing on research and development in order to develop their product portfolio. Many companies are acquiring other companies so as to develop their production capacity, states a new report by Transparency Market Research (TMR).

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According to the report, the global calcium propionate market is anticipated to rise from US$327.7 mn in 2015 to US$480.3 mn to 2023. The market is expected to expand at a CAGR of 4.9% from 2015 to 2023. On the basis of application, the bakery segment will lead in the market and account for 56.3% by 2023. This is because calcium propionate can be easily mixed with flour, which is one of the key ingredients of bakery products. By region, Europe will continue to lead, accounting for 36.6% in 2023.

Increasing Demand for Convenience Foods Driving Market

The busy lifestyles of people have resulted in a need for easily consumable products that are not affected by bacteria. As such, the demand for convenience foods is increasing. Additionally, the growing consumption of bakery food items will also drive the demand for calcium propionate. This is because calcium propionate is a commonly used additive for avoiding spoilage of food products during transportation and for extending their shelf life. In addition to this, calcium propionate enhances the flavor of food items, needs to be used in minimal quantities, and is less toxic. Moreover, it is a cost effective solution over substitutes such as sorbates and sulfites. Owing to these factors, the demand for calcium propionate is expected to drive the growth of the market.

Increasing Preference for Fresh Food Products over Preserved Food to Deter Market’s Growth

A shift in consumer preference toward fresh food owing to increasing focus on natural and healthy diet routine is leading to a decline in the demand for calcium propionate. This is because consumers are opting for food products devoid of preservatives and additives. Sringent regulations across different countries regarding the use of preservatives is restraining the growth of the market. Moreover, certain food preservatives are banned in different parts of the world, which can also pose a threat for the growth of the market.

R&D and Product Innovation to Strengthen Demand for Calcium Propionate

Growing health concerns among consumers regarding the consumption of healthy food products are anticipated to create opportunities for growth in the calcium propionate market. Since calcium propionate is being used as an anti-fungal agent and it also enriches the nutritional value of the food, it is expected to be increasingly popular in the coming years. Companies are also undertaking many research and development activities to enable product innovation. The development of newer products is anticipated to boost the demand for calcium propionate and aid the growth of the global market. Additionally, the growing demand from Asia Pacific, South America, and the Middle East will also aid the growth of the market.

This information is based on the findings of a report published by Transparency Market Research, titled “Calcium Propionate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

The global calcium propionate market is segmented as follows:

Application

• Bakery
• Dairy
• Meat processing
• Animal Feed
• Beverages
• Packaged food products
• Others (Plant pesticides and grain protection etc.)

Calcium Propionate Market:High Demand in F&B Sector Attributed to Shifting Consumption Patterns, reports TMR

Perstorp Holding AB, Niacet Corporation, and Kemira were three of the key manufacturers and distributors of calcium propionate in 2015. The top players in the global calcium propionate market held a share of nearly two-thirds in value in 2014 and includes the above three names.

As per a research report recently published by Transparency Market Research, the top players in the global calcium propionate market possess a very strong distribution chain across key regions of the world. Companies such as Perstorp Holding also keep a diverse product offering to remain independent of one product in terms of revenue generation. A lot of the players in this market are primarily focused towards providing calcium propionate to bakeries.

The global market for calcium propionate is expected to reach US$480.3 mn by the end of 2023. Its revenue is projected at a CAGR of 4.9% from 2015 to 2023 and is predicted to be valued at US$343.6 mn by the end of 2016. The function of calcium propionate as a preservative has found a massive scope of applications in bakeries. By the end of 2023, the application segment of bakery in the global calcium propionate market is expected to reach a revenue of US$270.3 mn.

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Europe has been the steadiest in its demand for calcium propionate over the years. By the end of 2023, Europe is expected to generate a revenue of US$175.9 mn in its demand for calcium propionate. A large part of this revenue is attributed to the growing demand for ready-to-eat foods and preserved foods in France, the U.K., and Italy. The consumption of calcium propionate in Europe has also been boosted by the restrictions on other preservatives by REACH.

Meanwhile, Asia Pacific is expected to show a high demand for calcium propionate over the coming years. This region is showing a greater preference towards calcium propionate due to the ban on several antibiotics in various applications. North America is expected to show a sluggish growth in its demand for calcium propionate till 2023.

Demand for Convenience Foods, Consequently Calcium Propionate, on the Rise

“A very common factor visible in all nations is an increasingly busy lifestyle of the working class. A large number of people are invested in this lifestyle and therefore need forms of sustenance that are primarily easy to eat. This massive demand for preserved foods, ready-to-eat foods, and canned foods is proportionately calling for a greater volume of preservatives. At the moment, calcium propionate is a solid option for most foods and especially bakery products,” states a TMR analyst.

Calcium propionate is great as an anti-microbial preservative and can be a solid answer to the rising concerns over food-borne illnesses and related health issues. Consumer are increasingly aware of the possibility of contracting several diseases through consumption of unsafe food, thereby creating a higher demand for preservatives and anti-microbial additives. The case falls in the favor of calcium propionate even further due to its relative cost-effectiveness in manufacturing.

Growing Demand for Fresh and Organic Foods Hampers Calcium Propionate Demand

There is currently a high demand for fresh foods that are devoid of preservatives and additives, owing to the health concerns linked to their consumption. Consumers are steadily shifting their preference towards fresh foods and consequently creating a fall in the demand for calcium propionate and other preservatives. This restraint is expected to have a medium level impact on the global calcium propionate till 2023.

“The use of calcium propionate over sodium propionate can be a key factor that helps increase the demand for the former over the coming years. Additionally, globally prominent manufacturers of calcium propionate can now look to emerging economies from the Asia Pacific for massive volumes of demand and future opportunities,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Calcium Propionate Market by Application (bakery, dairy, meat processing, animal feed and others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:

• The applications of calcium propionate in the bakeries is expected to reach US$270.3 mn globally by 2023.
• Europe is expected to continue leading the demand for calcium propionate, which is expected to reach US$140 mn by 2023 in revenue.
• The global market for calcium propionate is expected to achieve an overall revenue US$480.00 mn.