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Global Calcium Propionate Market to reach USD XX billion by the end of 2030.

Global Calcium Propionate Market Size study & Forecast, by Applications (Pharmaceuticals, Food and Beverages, Animal feed, Personal care, and Other Applications) and Regional Analysis, 2023-2030

Product Code: CMCC-43071724
Publish Date: 20-12-2023
Page: 200

Global Calcium Propionate Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Calcium propionate is an organic salt employed as a food additive to preserve the freshness of various food items by inhibiting the growth of bacteria and mold. Its primary application is found in Pharmaceuticals, Food and Beverages, Animal feed, Personal care, and Other Applications, where it plays a crucial role in maintaining their freshness and extending their shelf life. Additionally, the market’s expansion is driven by the increasing consumer demand for clean-label food products that have an extended shelf life, along with functional potential of calcium propionate in new product lines. Furthermore, calcium propionate offers a cost-effective solution compared to other preservatives, which significantly contributes to driving the market’s growth.

The rapid growth of the global population has fueled significant growth in the food and beverage industry. This substantial growth in the food and beverage sector serves as a significant driving force for the market. According to the data provided by the US Census Bureau, it was projected that food and drink stores in the United States would generate approximately USD 76.3 billion in monthly sales in March 2022. Additionally, according to the United States Department of Agriculture, the total consumption value of organic packaged food and beverages in India witnessed a rise in 2021, reaching USD 96 million compared to the previous year’s 2020 value of USD 85 million. The market is expected to experience growth over the forecast period due to the rising consumer demand for processed and convenient food options such as pizzas, burgers, toast, and cakes. Moreover, the market is likely to be boosted by the increasing number of acquisitions and agreements between industry players. However, market growth is expected to be hindered due to the implementation of stringent rules and regulations related to food safety and shelf life. Additionally, the rising consumer demand for processed and convenient food options is likely to pose a significant challenge to market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Calcium Propionate Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. The market dominance in the region is driven by the growing demand for processed food, growing pharmaceutical industry, along with increasing consumer preference for quality and fresh food products and evolving consumer lifestyles. Moreover, the market is expected to benefit from the cost-effectiveness of the product, which is projected to yield substantial gains in the forecast period. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as urbanization, economic growth, rising demand for animal feed, increased purchasing power, and rising demand for bakery and convenience foods. The region presents a growing market for calcium propionate, attracting investments from multinational manufacturers, particularly in countries such as China, India, Japan, Australia, and New Zealand.

Major market players included in this report are:
Fine Organics Industrial Ltd.
Henan Chemsino Industry Co. Ltd.
Impextraco NV
Jainex Speciality Chemicals
Kemin Industries, Inc.
Macco Organiques Inc.
Niacet, A Kerry Company
Perstorp Holding AB
Pestell Nutrition Inc.

Recent Developments in the Market:
Ø In March 2023, BioVeritas developed a clean-label mold inhibitor using their proprietary BioVeritas Process. The calcium propionate cultured extract from BioVeritas demonstrated an average shelf-life extension of nearly 30%, surpassing the effectiveness of petrochemical-derived calcium propionate.
Ø In April 2022, Perstorp has strategic plans to introduce an additional onstream capacity of approximately 70,000 tons per year for carboxylic acid production. This expansion aims to considerably enhance the production capacity of calcium propionate, which is currently based in Italy. The company anticipates that the new capacity is expected to be operational as early as 2024.
Global Calcium Propionate Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Food and Beverages
Animal feed
Personal care
Other Applications

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Calcium propionate Market, by Region, 2020-2030 (USD Billion)
1.2.2. Calcium propionate Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Calcium Propionate Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Calcium Propionate Market Dynamics
3.1. Calcium Propionate Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing consumer demand for clean-label food products Functional Potential of Calcium Propionate in New Product Lines
3.1.2. Market Challenges Stringent rules and regulations related to food safety and shelf life Increasing consumer interest in food options that are “free-from” certain ingredients or substances
3.1.3. Market Opportunities Rising consumer demand for processed and convenient food options Increasing number of acquisitions and agreements between industry players
Chapter 4. Global Calcium Propionate Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Calcium propionate Market, by Application
5.1. Market Snapshot
5.2. Global Calcium Propionate Market by Application, Performance – Potential Analysis
5.3. Global Calcium Propionate Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Calcium propionate Market, Sub Segment Analysis
5.4.1. Pharmaceuticals
5.4.2. Food and Beverages
5.4.3. Animal feed
5.4.4. Personal care
5.4.5. Other Applications
Chapter 6. Global Calcium propionate Market, Regional Analysis
6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Calcium propionate Market, Regional Market Snapshot
6.4. North America Calcium Propionate Market
6.4.1. U.S. Calcium propionate Market Application breakdown estimates & forecasts, 2020-2030
6.4.2. Canada Calcium propionate Market
6.5. Europe Calcium Propionate Market Snapshot
6.5.1. U.K. Calcium Propionate Market
6.5.2. Germany Calcium propionate Market
6.5.3. France Calcium propionate Market
6.5.4. Spain Calcium propionate Market
6.5.5. Italy Calcium propionate Market
6.5.6. Rest of Europe Calcium propionate Market
6.6. Asia-Pacific Calcium Propionate Market Snapshot
6.6.1. China Calcium Propionate Market
6.6.2. India Calcium Propionate Market
6.6.3. Japan Calcium propionate Market
6.6.4. Australia Calcium propionate Market
6.6.5. South Korea Calcium propionate Market
6.6.6. Rest of Asia Pacific Calcium propionate Market
6.7. Latin America Calcium Propionate Market Snapshot
6.7.1. Brazil Calcium propionate Market
6.7.2. Mexico Calcium propionate Market
6.8. Middle East & Africa Calcium propionate Market
6.8.1. Saudi Arabia Calcium propionate Market
6.8.2. South Africa Calcium propionate Market
6.8.3. Rest of Middle East & Africa Calcium propionate Market

Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Company 1
7.1.2. Company 2
7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. Agailenobel Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
7.3.2. Fine Organics Industries Ltd
7.3.3. Henan Chemsino Industry Co. Ltd.
7.3.4. Impextraco NV
7.3.5. Jainex Speciality Chemicals
7.3.6. Kemin Industries, Inc.
7.3.7. Macco Organiques Inc.
7.3.8. Niacet, A Kerry Company
7.3.9. Perstorp Holding AB
7.3.10. Pestell Nutrition Inc.
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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