Global Calcium Propionate Market to Reach US$480.3 mn by 2023, Propelled by Rising Demand for Preserved Food

Global Calcium Propionate Market to Reach US$480.3 mn by 2023, Propelled by Rising Demand for Preserved Food

  • Submitted By: amyjames
  • Date Submitted: 06/23/2016 11:47 PM
  • Category: Business
  • Words: 1503
  • Page: 7

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

Calcium propionate is an antimicrobial agent used for killing microorganisms such as algae, bacteria, fungi,
and viruses. Calcium propionate is primarily used in bakery products as an ideal preservative. The global
calcium propionate market is one of the promising segments of the global preservatives market and is set
for rapid expansion in the years to come. The growing consumer preference towards canned food and
preserved food and their changing lifestyles are two of the factors expected to propel the global calcium
propionate market in the near future. Considering the rise in the preference towards hygienic and safe food
products, leading players are anticipated to introduce many new preserved food products that are ready to
eat and hygienic.
Calcium propionate is less toxic as compared to many other food preservatives, which is why it has gained
global acceptance. Other preservatives such as sodium propionate are very corrosive to the skin, the eyes,
and mucous membranes, whereas calcium propionate is not. This and many other benefits of calcium
propionate as a preservative makes it an ideal choice for food manufacturers.
The global calcium propionate market was valued at US$312.6 mn in 2014 and is expected to reach
US$480.3 mn by 2023, progressing at a 4.90% CAGR during the period between 2015 and 2023...

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