Calcium Propionate Market Revenue to Touch Us$480.3 Mn by 2023

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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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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

Global calcium propionate market was valued at USD 327.7 million in 2015 and is expected to reach USD

480.3 million by 2023, growing at a CAGR of 4.9% over the forecast period 2015 to 2023. Calcium

propionate is largely used in bakery products like bread, cakes, rolls, and other yeast-based products, and

various other items such as animal feed, meat & processed meat products, dairy products, packaged food

products such as condiments, sauces, jam, diet food, chocolate, soups, salads etc, beverages and various

other products.

In addition, rising prices of animal feed products is another major concern to preserve feed grains, in order

to avoid their spoilage and improve animal performance. Apart from this, busy lifestyles have resulted in

rising demand for ready to eat food products that are not easily affected by bacteria. However, the

alarming rise in health issues faced by consumers has made them aware of consuming healthy and

nutritive convenience food products. The need to minimize the intake of fats and calories influences the

rising demand for various functional food variants. In addition, calcium propionate is considered to be one

of the safest additives that are utilized in various food products to avoid the spoilage of food products

especially during transportation. Calcium propionate has...