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 to Rise at CAGR of 4.9% 2015-2023;
Applications in Bakery Segment Boost Growth
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Calcium Propionate Market
REPORT DESCRIPTION
Perstorp Holding AB, Niacet Corporation, and Kemira were three of the key manufacturers and distributors
of calcium propionate in 2015. The top players in the global calcium propionate market held a share of
nearly two-thirds in value in 2014 and includes the above three names.
As per a research report recently published by Transparency Market Research, the top players in the global
calcium propionate market possess a very strong distribution chain across key regions of the world.
Companies such as Perstorp Holding also keep a diverse product offering to remain independent of one
product in terms of revenue generation. A lot of the players in this market are primarily focused towards
providing calcium propionate to bakeries.
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The global market for calcium propionate is expected to reach US$480.3 mn by the end of 2023. Its
revenue is projected at a CAGR of 4.9% from 2015 to 2023 and is predicted to be valued at US$343.6 mn
by the end of 2016. The function of calcium propionate as a preservative has found a massive scope of
applications in bakeries. By the end of 2023, the application segment of bakery in the global calcium
propionate market is expected to reach a revenue of US$270.3...