The Calcium Propionate market is experiencing steady growth as consumers seek healthier and longer-lasting food products. This versatile food additive, commonly used as a preservative, prevents mold and bacterial growth in various baked goods, dairy products, and processed foods. With increasing health consciousness, manufacturers are opting for Calcium Propionate over other preservatives due to its minimal impact on flavor and texture.
Calcium propionate is a naturally occurring compound formed through the reaction of calcium hydroxide with propionic acid. This versatile salt is widely used as a food preservative, primarily for its ability to inhibit the growth of harmful microorganisms such as bacteria and mold, thereby extending the shelf life of various food products. Its preservative properties make it an essential ingredient in multiple food categories, including bakery items, dairy products, and processed meats. Beyond its role in food preservation, calcium propionate also serves as an antimicrobial agent, effectively targeting and eliminating microorganisms like algae, viruses, and bacteria.
In 2032, the calcium propionate market is anticipated to be worth USD328 Million. The market is anticipated to generate USD 498 Million between 2022 and 2032 while growing at a 5.6% CAGR. The industry is expanding as a result of the rising demand for clean-label food items with longer shelf lives.
Due to the calcium propionate capabilities, the bakery goods category is expected to dominate the market in lowering chemical agents in yeast and bacteria, which is a prominent element in bread products. Furthermore, the dry calcium propionate segment is expected to dominate the market.
Calcium propionate demand is predicted to rise as the food service sector grows. Depending on the requirements, calcium propionate is frequently used in the baking and packaged food sectors of the food business. Due to higher bread consumption in developing nations, the expansion of the bread market is expected to boost demand for calcium propionate.
The calcium propionate market has achieved maturity in developed areas such as Europe and North America. Economies in the Middle East and Africa are expected to develop slowly until 2032, according to projections. However, the Asia-Pacific region is expected to grow at a considerably faster rate, owing to the expanding food industries in nations such as China and India.
In the food industry, natural calcium propionate is currently being utilised to make it as healthy to consume as organic calcium chloride. The food industry uses current technology such as bacteriophages, MAP, and other quality factors in conjunction with preservatives to protect food quality and safety.
The calcium propionate market is the world’s biggest preservative category. Despite the high cost of raw resources, this industry is confronted with difficulties. This component of the study is treated strategically, with a stronger emphasis on its commercial uses and potential business prospects. Increased R&D expenditure, particularly in developed economies like North America and Europe, is likely to provide market participants with growth prospects.
Key Takeaways from the Market Study
- The calcium propionate market is expected to expand at CAGRs of 9.8% and 15% in the US and Europe respectively, through 2032.
- The European calcium propionate market is currently pegged at USD 106 Mn.
- In comparison to the liquid form, the dry form of Calcium propionate will have a larger demand. The convenience with which the ingredient may be mixed into meals is one of the advantages of the dry form.
- By application, the bakery section holds the highest market share and is set to expand at a CAGR of 11%.
- The outbreak of COVID-19 disrupted the supply chain of calcium propionate, causing a trade slump. However, with nations giving possibilities and rising consumer demand for bakery items, the industry is likely to rise significantly.
“Producers of calcium propionate would gain significant profits by targeting the food & beverage industry. The bakery industry would also serve as a potential market for calcium propionate across the globe,” says a Future Market Insights analyst.
Competition Analysis
Key players in the global calcium propionate market include Holding AB, Mauri, Addcon GmBH, ABF Ingredients, Cargill Corporation, Macco Organiques Inc, Niacet Corporation Monin Inc., and Others.
Recent Updates from the Industry Include:
- In February 2022, ABF Ingredients acquired Fytexia Group, a life science company offering scientifically supported active nutrients for dietary supplements. This initiative will strengthen ABFI’s portfolio of products and capabilities to augment the pharmaceutical, nutritional and food market sectors.
- In June 2021, Kerry Group plc (“Kerry”), the global taste & nutrition company, announced its agreement to acquire Hare Topco, Inc. trading as Niacet Corp. (“Niacet”) from an affiliate of funds advised by SK Capital Partners, LP (“SK Capital”) and other shareholders for on a debt-free and cash-free basis, subject to customary closing adjustments.
Segments Covered in Calcium Propionate Market Analysis
By Form :
- Dry
- Liquid
By Application :
- Bakery
- Dairy
- Meat processing
- Animal feed
- Beverages
- Packaged food products
- Others
By Region :
- North America
- Latin America
- Europe
- APEJ
- Japan
- Middle East & Africa
Frequently Asked Questions
- How much is the current worth of the Calcium Propionate market?
- At what CAGR is the market expected to grow?
- How was the performance in the last five years?
- What is the demand outlook forecast for the calcium propionate market?
- How are market players reacting to the new developments in the market?
- Which are the major countries driving demand for calcium propionate?
- What outlook does Europe provide?
- At what rate will the U.S. Calcium Propionate market grow?
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