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Calcium Propionate Market to Witness Growth at a CAGR of 2.9% in Forecast Period

The Calcium Propionate Market accounted for USD 289 million in the year 2020 to USD 390 million in the year 2028, at a CAGR of 2.9%.

Calcium propionate, a food additive, acts as an antimicrobial agent and is used as a preservative in a wide variety of products. By reducing the growth of bacteria and fungi, it helps to increase the shelf life of food. This market is tremendously growing due to the rising preferences of consumers towards fresh food, hygiene, and long shelf-life products. 

Based on the application, the global market for calcium propionate is divided into the bakery, feed, milk, meat & processed meat, and other food products. Some preservatives such as sodium propionate can be one of all products other than a bakery. The calcium ion contained in calcium propionate alone interferes with the fermenting chemical agent found in yeast and bacteria, which are the main ingredients of baking products. It is also used as an animal feed supplement. Growing applications in the food storage industry are expected to serve as a major driver of the product. Increasing customer demand for food safety associated with the expansion of the calcium propionate application base in the production line of the novel is expected to have positive industry growth over the forecast period. It also serves as an inexpensive solution over other substances such as sorbates, sulfites, etc. which are expected to improve market demand in the coming years. Additionally, Calcium propionate can be easily added to flour, which is one of the most important ingredients in baking products. For these reasons, the baking industry is leading the entire calcium propionate market.

In addition, in the food industry calcium propionate finds its use in other areas such as, in the pharmaceutical industry, calcium propionate is used as an anti-bacterial agent and also used as an inhibitor to prevent the growth of bacteria and viruses. Used for paint and textiles as an additive. It is also used as a cleansing and healing agent. Calcium propionate is used to make photo chemicals and photo materials. 

The Calcium Propionate Market is driven by rising demand for nutritional food and increasing health consciousness among consumers. The preference of natural food additives over synthetic ones to eliminate health concerns also increases the demand for calcium propionate.

The food industry has begun using natural calcium propionate to make it as safe to consume as organic calcium salt of propionic acid, which is produced by fermentation with a selected strain of Propionibacterium. The food industry also uses advanced technologies such as bacteriophages, MAP, and alternative preserving techniques combined with preservatives to maintain the quality and safety of food.

Stringent legislation and regulations with respect to food safety and shelf life have meant that processing industries are keen on getting the right formulation to present the best food product to the consumer, and preservatives play a pivotal role in this aspect. Local and regional regulations are required to be checked for allowed applications and dosage levels. 

The Asia Pacific is expected to be the fastest-growing market for calcium propionate at the time of forecasting. Consumption is driven by rapid urban growth, economic growth, and rising purchasing power for the middle class, leading to an increase in bakeries and snacks in the region. The region is an emerging market for calcium propionate, grown by a few international producers, mainly in countries such as China, India, Japan, Australia, and New Zealand. 

North America and Europe are mature markets for calcium propionate, which has already reached waterlogging. Therefore, these markets are expected to grow at low growth rates compared to the Asia Pacific and Middle East & Africa.

Some of the key players in the Calcium Propionate Market include Perstorp Holdings AB, Niacet Corporation, Macco Organiques Inc., AB Mauri, Kemira Oyj, Krishna chemicals, Fine Organics, and A.M food chemicals Co. Ltd.