Global Sodium Propionate Market - Share, Size, Trends Analysis to 2021

Global Sodium Propionate Market - Market is expected to

expand at a CAGR of 5.4% during the forecast period (2015–2021)

Persistence Market Research

Global Sodium Propionate Market Revenue

Expected to grow US$ 44.7 Mn by 2021 Persistence Market Research

Persistence Market Research

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Global Sodium Propionate Market - Market is expected to

expand at a CAGR of 5.4% during the forecast period (2015–2021)

Persistence Market Research Released New Market Report “Global Market Study on

Sodium Propionate - Driven by Increasing Application of Antimicrobial Food

Preservatives”, the global sodium propionate market was valued at US$ 31.1 Mn in 2014.

Revenue is further expected to expand at a CAGR of 5.4% during the forecast period (2015 2021).

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As sodium propionate is a chemical ingredient, it is included in the list of artificial

preservatives for food, which is a factor limiting its usage as a food ingredient in a variety of

edible products. However, it is an integral component in bakery items, meats and cheese,

and FDA as well as EFSA have recognized sodium propionate as a Generally Recognized As

Safe (GRAS) ingredient for use in food. Sodium propionate enhances the color of processed

meat and acts as a tenderizer, inhibits the growth of microorganisms, thus making it

increasingly shelf-stable.

The global sodium propionate market is mainly driven by factors such as adoption of animal

feed additives in factory farming in order to increase production of milk, meat, and eggs,

increased consumption of meat and meat products coupled with growing disposable income

and increased spending on food, among others. Furthermore, the growth of the retail and

foodservice sectors in emerging countries has given rise to the demand for ready to eat

meat products, which in turn has increased uptake of food preservatives. As a result,

adoption of sodium propionate as an antimicrobial agent along with propionic...