The Global Calcium Propionate Market is valued at USD 365.7 Million in 2021 and is expected to reach USD 535.9 Million by 2028 with a CAGR of 5.61% over the forecast period.
Global Calcium Propionate Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Rising demand for calcium propionate from food industry for increased self-life, growing penetration in the pharmaceutical sector, animal feed and others are some of the major factors driving the growth of the global Calcium Propionate market.
Calcium propionate is a food additive and it is used for preservative foods like baked food. It is manufactured by the reaction of propionic acid with calcium hydroxide. It is available in various forms like powder, liquid and compressed. Calcium propionate is necessary to use as a mold inhibitor in various dairy products, animal feed and agricultural applications. Calcium propionate acts as a food preservative and is used to extend the shelf life of bakery products
The Covid-19 outbreak has affected various industries worldwide. Governments across the globe, applied strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. In addition, pharmaceutical industries are rapidly working in the pandemic period has slightly upgraded the demand of calcium propionate market. Despite of pharmaceutical platform, food industries are also affected by the lockdown and it works with 50% of workers which affected the production of bread production and also impacted the Calcium propionate market as well.
The global Calcium Propionate market is segmented based on type, application, and region & country level. On the basis of products, the global Calcium Propionate market is classified into dry and liquid. Based on application, the global Calcium Propionate market is classified into food, feed and other.
The regions covered in this global Calcium Propionate market report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of global Calcium Propionate is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Some of the key players for global Calcium Propionate are
On June 21st, 2021; Global taste and nutrition company Kerry Group announced a deal to buy preservatives maker Hare Topco, trading as Niacet, for €853m as it sharpens its focus on its ingredients business. Niacet products in baking preservation and quality enhancement include calcium propionate, sodium propionate, the Proniaturel line of antimicrobial additives, calcium stearoyl lactylate, calcium acetate and potassium propionate.
In recent years, the demand of calcium propionate in food industries for preservation foods is one of the major factors driving the market growth. The growing popularity of preservative food among consumers due to changing lifestyle is also increasing the demand for calcium propionate. Working People are busier with their work hours and consequently, their eating habits are changing day by day. These changing lifestyles are increasing the demand for longer self-life preservative foods. Similarly, bread is a staple food for various countries and it became very popular around the world in number of households in various countries. In the food & beverage industry role of food preservatives is becoming increasingly important. For example; in UK 99.8% of British households bought bread according to UK flour miller, this equivalent of nearly 11 million loves are sold each day. In addition, about 60-70% of the bread eat is white and sandwiches are thought to account for 50% of overall bread consumption preservative foods like, bread, other baked goods, processed meat, whey, and other dairy products. Additionally, due to increasing global demand for food security, and consumer demand for high quality and sustainability, the food processing industry is a mature sector experiencing turbulent periods. Food processing companies are playing an important role in to national economy in many countries. For example; the processed food industries are valued at over USD 2 trillion dollars globally and consist of over 400,000 businesses.
In addition, calcium propionate is increasingly used in various sectors like pharmaceutical, health & personal care products, agriculture, animal feed, and poultry. In modern dairy, cattle production systems, the mycotoxins in feed and metabolic diseases, such as ketosis and milk fever, seriously affect the health and milk production of dairy cows. Calcium propionate is safe and reliable food and supplement. It can cause metabolism and is absorbed by humans and animals as a precursor to glucose synthesis. In addition, calcium propionate provides essential calcium to mammals. During the prenatal period of dairy cows, many cows impaired metabolism, endocrine and physiological changes, resulting in ketosis and fatty liver due to milk fever induced by negative energy balance (NEB) or hypocalcemia. On hot weather days, cow feed is susceptible to fungi, which produce mycotoxins. These two issues are closely related to dairy health and performance. For example; As per Integrated Sample Survey average annual productivity of cattle in India during 2019-20 is 1777 kg per animal per year as against the world average of 2699 kg per animal per year during 2019.
Moreover, in the pharmaceutical industry, calcium propionate is used as an antimicrobial agent. It can also be used to improve patients’ health by inhibiting the growth of fungi and preventing mould growth. Due to increasing microbial infections in humans, the demand of calcium propionate is increased as an antimicrobial agent. However, stringent rules and regulations and health concerns and the presence of substitutes may hamper the market growth. In spite of that, increasing demand for preservative foods from populous countries like China, India may create more opportunities for the further growth of the market.
Geographically, Asia Pacific is the fastest growing market for calcium propionate due to the increasing popularity and adoption of preservative foods in this region. The increase in the fast-food chain increases the demand for bread as they are used for sandwiches, burgers, snacks etc. Moreover, the introduction of value-added bakery products is fostering the growth of the market. Apart from this, busy lifestyles, changing eating habits, and western influences have increased the demand for bakery products in India. In the Asia Pacific, India and China are the major populous countries that are rapidly adopting the various types of food culture and preservative food are not the exception for that. For example; in 2020 The production volume of bread, buns, and croissant amounted to 257 thousand metric tons in the South Asian country. The average annual consumption of bakery products per capita is only 5.83kg in China compared with nearly 22kg in Japan, but the demand is predicted to grow fast. At the end of June 2015, 1,344 bakery companies were competing on the Chinese market.
North America and Europe are expected to show a significant growth in the global calcium propionate market owing to the changing lifestyles and preferences, growth in organized retail and high consumption of packaged food in this region. Moreover, in the European countries, Germany is major bread consumer country.
|2015 - 2020
|2021 - 2028
|Market Size in 2021:
|USD 365.7 Million
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 535.9 Million
|Tables, Charts & Figures:
|Calcium Propionate Manufacturers
|Niacet Corporation, Macco Organiques Inc., AB Mauri, Kemira Oyj, Krishna chemicals, Fine Organics and A.M food chemicals Co. ltd., others.
|By Type, By Application
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
Middle East and Africa
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