Calcium Propionate Market: Growing Emphasis on Consumption of Nutritional Food Products to Create Opportunities

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: Growing Emphasis on Consumption of

Nutritional Food Products to Create Opportunities, says TMR

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Calcium Propionate Market

REPORT DESCRIPTION

The global calcium propionate market is led by key players such as AB Mauri, Perstorp Holding AB, Macco

Organiques Inc., Niacet Corporation, and Kemira. Players such as Perstorp are expanding their product

portfolio through the segmentation of semi-specialty and specialty products by considering factors such as

high-quality grades, tailored packaging, new applications, and distribution. The company maintains a

balanced product portfolio to avoid dependence on any one of the end-markets. On the other hand, Niacet

Corporation is focusing on research and development in order to develop their product portfolio. Many

companies are acquiring other companies so as to develop their production capacity, states a new report

by Transparency Market Research (TMR).

According to the report, the global calcium propionate market is anticipated to rise from US$327.7 mn in

2015 to US$480.3 mn to 2023. The market is expected to expand at a CAGR of 4.9% from 2015 to 2023.

On the basis of application, the bakery segment will lead in the market and account for 56.3% by 2023.

This is because calcium propionate can be easily mixed with flour, which is one of the key ingredients of

bakery products. By region, Europe will continue to lead, accounting for 36.6% in 2023.

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