Global Calcium Propionate Market Analysis, 2013-2023
発行: Market Krystal
ページ情報: 英文 120-150 Pages
Calcium propionate is an organic salt, which is sometimes used as a preservative in baked products such as bread, it helps to keep away the bacteria and mold due to which there are chances of bread going bad. Calcium propionate is combined with propionic acid and sodium propionate to work as a preservative.
Calcium propionate is used as a preserving agent in products like bread. Apart from this, calcium propionate is used in most of the yeast-based bakery goods to extend their shelf-life. It is also used in some of the milk products such as butter and cheese. Due to its unique characteristic it is also used as a preservative in tobacco products. Beyond its role as a preservative it is also used in the manufacture of butyl rubber, there, it helps to save the rubber from being destroyed due to high temperatures.
The report on global calcium propionate market presents the present market scenario exhaustive secondary and primary research. As per the report, the global market for calcium propionate has been pegged at US $ xxx billion in 2017 as compared to US $ xxxx million in 2013, registering an impressive growth of xxx% per year. It is expected to touch the figure of US $xxxx million through 2023, with annual growth rate of xxx%.
The growth in demand for bakery products with a longer shelf life is the major reason for calcium propionate growth. Compared to other preservative the cost of calcium propionate is low which increases its demand and at the same time make it easy to adapt.
Calcium propionate comes to the market with its share of shortcomings which affect its growth in the modern-day market, being such a good preservative, it is not that safe to use it could also have side effects, which could cause health issues such as stomach ulcers and headaches. It may also cause a behavior change in people. Though, the people affected by calcium propionate is less but still the people have concerns regarding the use of calcium propionate.
Globally calcium propionate market is segmented into seven segments based on the geography namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, japan and Middle East and Africa. North America holds the largest market share talking in terms of intake of calcium propionate products followed by Europe, this is because of matured markets in this region. Thus, said to have a steady growth in the near future. On the other hand, the demand for calcium propionate products is rising in Asia Pacific and Latin America due to which it is expected to have a higher growth rate in the coming years.
The key players in the market for calcium propionate. Niacet Corporation, ADDCON Gmbh, M Food Chemical Co. Ltd., Kemira Oyj, Fine Organics, Orthochem Pty Ltd., Perstorp Holding AB, and Impextraco NV
The research process at Market Krystal for this report begins with the bifurcation of different market segments of global calcium propionate market, followed by identification of factors affecting the growth each segment. Then, the market forecasts were built based on the input shared by the business leaders across calcium propionate industry value chain. Market Krystal conducted more than 36 interviews for this study, details of which are mentioned below: