Calcium Propionate Market by Application (bakery, dairy, meat
processing, animal feed and others) - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
78 Page Report
Global Calcium Propionate Market: Growing Emphasis on Consumption of
Nutritional Food Products to Create Opportunities, says TMR
Transparency Market Research
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Calcium Propionate Market
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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