Calcium Propionate Market Revenue to Account for Us$480.3 Mn by 2023,

Transparency Market

Research

Calcium Propionate Market by Application (bakery, dairy, meat

processing, animal feed and others) - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023

Published Date

14-04-2016

78 Page Report

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Press Release

Global Calcium Propionate Market to Rise at CAGR of 4.9% 2015-2023;

Applications in Bakery Segment Boost Growth

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Calcium Propionate Market

REPORT DESCRIPTION

Transparency Market Research has recently published a new research report, titled “Calcium Propionate

Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”. The research

report highlights the various drivers and restraints and threats and opportunities present in the global

calcium propionate market. According to the research report, the global calcium propionate market is

expected to reach US$480.3 mn by 2023 from US$312.6 mn in 2014, surging at a CAGR of 4.9% from 2015

to 2023 in terms of revenue. Volume-wise this market is expected to rise at a CAGR of 4.4% from 2015 to

2023 to reach 302.2 kilo tons by 2023.

Calcium propionate is the calcium salt of propionic acid and it is an exceptionally important food additive

as it acts as an antimicrobial agent. It is often used as a preservative in baked items as it kills

microorganisms such as algae, bacteria, fungi, and viruses. It is also used as a food supplement to prolong

the shelf life of several food items.

In the near future, the global calcium propionate market is expected to witness a surge in demand due to

growing consumer preference for baked items. Owing to the fact that calcium propionate happens to be far

more cost-effective than other types of preservatives, it is expected to gain accelerated momentum. The

ongoing...