The calcium propionate market was valued at $348.2 million in 2023, and is projected to reach $567.2 million by 2033, growing at a CAGR of 5% from 2024 to 2033.
Calcium propionate is a calcium salt of propionic acid commonly used as a preservative in a variety of food products. It is particularly effective in inhibiting the growth of mold and bacteria, making it a valuable ingredient in baked goods, dairy products, and processed meats. By extending shelf life and maintaining food quality, calcium propionate helps prevent spoilage without significantly altering the taste or texture of the food. Its ability to act as an antimicrobial agent is widely leveraged in the food industry, contributing to both food safety and economic efficiency.
The growth of the global calcium propionate market is driven by surge in demand for convenient, ready-to-eat packaged foods. This is attributed to the fact that calcium propionate helps extend the shelf life of such products, thus driving its demand. In addition, rise in awareness among consumers about food safety, hygiene, and the importance of preservatives in reducing spoilage and foodborne illnesses has increased the use of calcium propionate in food products. According to a 2021 report by the World Health Organization, foodborne illnesses affect 600 million people annually worldwide. The study highlighted that preservatives like calcium propionate help reduce such risks, supporting its increased use in food products.
Moreover, the expansion of the bakery and confectionery industries acts as the key driving force of the global market, as calcium propionate is extensively used to prevent mold growth in breads, pastries, and other baked goods. Surge in demand for clean label products further contributes toward the market growth. This is attributed to the fact that calcium propionate is perceived as a safer and more natural preservative compared to synthetic alternatives, aligning with the trend toward clean label products that use fewer chemical additives.
For instance, a 2021 study from the Clean Label Project found that 45% of consumers globally prefer clean label products, pushing manufacturers to use natural preservatives like calcium propionate instead of synthetic alternatives. However, increase in demand for natural and organic food products is leading manufacturers to explore alternatives to chemical preservatives like calcium propionate, thus hampering the market growth. Furthermore, availability of potential substitutes such as sorbates and benzoates, which offer similar benefits for food preservation restrains the market growth.
On the contrary, rise of e-commerce platforms has increased the demand for packaged and shelf-stable foods, which is expected to offer lucrative opportunities for the market expansion during the forecast period. Moreover, manufacturers are focusing on developing new formulations and blends that combine calcium propionate with other natural or synthetic preservatives to improve product safety and shelf life. Such developments are anticipated to open new avenues for the market growth in the coming years.
The global calcium propionate market is segmented into form, grade, application, and region. By form, the market is classified into powder, granular, and liquid. On the basis of grade, it is divided into food grade, feed grade, pharmaceutical grade, and industrial grade. Depending on application, it is categorized into animal feed, food and beverages, agrochemicals, pharmaceuticals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of grade, the food grade segment was the major shareholder in 2023, and is expected to continue the same trend during the forecast period.
Depending on application, the food & beverages segment dominated the market, in terms of share, in 2023, and is expected to retain its leadership status in the coming years.
Region wise, Asia-Pacific emerged as the most lucrative market for calcium propionate in 2023, and is projected to lead in the near future.
Calcium propionate is a calcium salt of propionic acid commonly used as a preservative in a variety of food products. It is particularly effective in inhibiting the growth of mold and bacteria, making it a valuable ingredient in baked goods, dairy products, and processed meats. By extending shelf life and maintaining food quality, calcium propionate helps prevent spoilage without significantly altering the taste or texture of the food. Its ability to act as an antimicrobial agent is widely leveraged in the food industry, contributing to both food safety and economic efficiency.
The growth of the global calcium propionate market is driven by surge in demand for convenient, ready-to-eat packaged foods. This is attributed to the fact that calcium propionate helps extend the shelf life of such products, thus driving its demand. In addition, rise in awareness among consumers about food safety, hygiene, and the importance of preservatives in reducing spoilage and foodborne illnesses has increased the use of calcium propionate in food products. According to a 2021 report by the World Health Organization, foodborne illnesses affect 600 million people annually worldwide. The study highlighted that preservatives like calcium propionate help reduce such risks, supporting its increased use in food products.
Moreover, the expansion of the bakery and confectionery industries acts as the key driving force of the global market, as calcium propionate is extensively used to prevent mold growth in breads, pastries, and other baked goods. Surge in demand for clean label products further contributes toward the market growth. This is attributed to the fact that calcium propionate is perceived as a safer and more natural preservative compared to synthetic alternatives, aligning with the trend toward clean label products that use fewer chemical additives.
For instance, a 2021 study from the Clean Label Project found that 45% of consumers globally prefer clean label products, pushing manufacturers to use natural preservatives like calcium propionate instead of synthetic alternatives. However, increase in demand for natural and organic food products is leading manufacturers to explore alternatives to chemical preservatives like calcium propionate, thus hampering the market growth. Furthermore, availability of potential substitutes such as sorbates and benzoates, which offer similar benefits for food preservation restrains the market growth.
On the contrary, rise of e-commerce platforms has increased the demand for packaged and shelf-stable foods, which is expected to offer lucrative opportunities for the market expansion during the forecast period. Moreover, manufacturers are focusing on developing new formulations and blends that combine calcium propionate with other natural or synthetic preservatives to improve product safety and shelf life. Such developments are anticipated to open new avenues for the market growth in the coming years.
The global calcium propionate market is segmented into form, grade, application, and region. By form, the market is classified into powder, granular, and liquid. On the basis of grade, it is divided into food grade, feed grade, pharmaceutical grade, and industrial grade. Depending on application, it is categorized into animal feed, food and beverages, agrochemicals, pharmaceuticals, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By form, the powder segment held the highest market share in 2023, and is likely to retain its dominance from 2024 to 2033.On the basis of grade, the food grade segment was the major shareholder in 2023, and is expected to continue the same trend during the forecast period.
Depending on application, the food & beverages segment dominated the market, in terms of share, in 2023, and is expected to retain its leadership status in the coming years.
Region wise, Asia-Pacific emerged as the most lucrative market for calcium propionate in 2023, and is projected to lead in the near future.
Competition Analysis
Competitive analysis and profiles of the major players in the global calcium propionate market include Cargill, Incorporated., Fine Organic Industries Limited., Perstorp Holding AB, AB Mauri Malaysia, Kanha Life Science LLP, Eastman Chemical Company, Kemin Industries, Inc., Macco Organiques, s.r.o., A.M FOOD CHEMICAL CO., LIMITED, and Calpro Specialities. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.Additional benefits you will get with this purchase are:
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Key Market Segments
By Form
- Powder
- Granular
- Liquid
By Grade
- Food Grade
- Feed Grade
- Pharmaceutical Grade
- Industrial Grade
By Application
- Animal Feed
- Poultry
- Swine
- Cattle
- Aquaculture
- Food and Beverages
- Bakery Products
- Dairy Products
- Meat and Poultry Products
- Snacks and Confectionery
- Beverages
- Agrochemicals
- Pharmaceuticals
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Cargill, Incorporated.
- Fine Organic Industries Limited.
- Perstorp Holding AB
- AB Mauri Malaysia
- Kanha Life Science Llp
- Eastman Chemical Company
- Kemin Industries, Inc.
- Macco Organiques, s.r.o.
- A.M FOOD CHEMICAL CO., LIMITED
- Calpro Specialities
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: CALCIUM PROPIONATE MARKET, BY FORM
CHAPTER 5: CALCIUM PROPIONATE MARKET, BY GRADE
CHAPTER 6: CALCIUM PROPIONATE MARKET, BY APPLICATION
CHAPTER 7: CALCIUM PROPIONATE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- Cargill, Incorporated.
- Fine Organic Industries Limited.
- Perstorp Holding AB
- AB Mauri Malaysia
- Kanha Life Science Llp
- Eastman Chemical Company
- Kemin Industries, Inc.
- Macco Organiques, s.r.o.
- A.M FOOD CHEMICAL CO., LIMITED
- Calpro Specialities
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 300 |
| Published | September 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 348.2 million |
| Forecasted Market Value ( USD | $ 567.2 million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
