Global Calcium Propionate Market 2023-2029
Calcium propionate is a food preservative that is commonly used in the baking industry to prevent mold growth in bread and other baked goods. It is a calcium salt of propionic acid, which is a naturally occurring organic acid that is found in various foods, including cheese, bread, and fermented vegetables. Calcium propionate is effective in inhibiting the growth of several types of mold and bacteria that can spoil bread and other baked goods. It works by interfering with the growth and metabolism of these microorganisms, making it difficult for them to survive and reproduce. The global calcium propionate market is projected to rise by USD 154.0 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.54 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global calcium propionate market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for calcium propionate can be segmented by application: bakery, dairy & frozen, animal feed, pesticides and fungicides, pharmaceuticals & cosmetics, others. Among these, the bakery segment was accounted for the highest revenue generator in 2022. Calcium propionate market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe is estimated to account for the largest share of the global calcium propionate market.
Market Segmentation
By application: bakery, dairy & frozen, animal feed, pesticides and fungicides, pharmaceuticals & cosmetics, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global calcium propionate market with some of the key players being Eastman Chemical Company, Perstorp Holdings AB, Kemin Industries, Inc., Kemira Oyj, Fine Organic Industries Limited, Niacet Corporation, Tengzhou Tenglong Chemical Co., Ltd., Jiangsu Runpu Food Technology Co., Ltd., Lianyungang Tongyuan Biotechnology Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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