Calcium propionate is a food additive, used as a preservative in variety of products and is also act as an antimicrobial agent. It decreases the growth of the bacteria and fungi. Efficient ability of calcium propionate in new product lines and mounting health issues of consumers in the food industry are the major factors driving the growth of the calcium propionate market. Different forms of calcium propionate supported the calcium propionate market size. The market has witnessed high command for dry calcium propionate in the coming years due to easiness of mixing and improved dispersion all over the food matrix.

On the basis of application the calcium propionate market is subdivided into food, feed and others. Among the all applications, the food segment accounted the largest share in the market due to elevated per capita bread utilization, change in lifestyle and mounting health consciousness. In addition, the feed segment is estimated to account largest share in the market due to mounting demand for feed, upsurge in livestock production and augmented requirement for quality feed products with prolonged shelf life.

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Efficient ability of calcium propionate in new product lines such as feed supplement, antimicrobial agent and food preservative, mounting health issues of consumers in the food industry, altering consumer lifestyle is affecting food consumption, mounting demand for bakery products with prolonged shelf life and economical preservation solution are the primary growth drivers for calcium propionate market.

Asia-Pacific is observed to witness fastest growth in the calcium propionate market, due to mounting awareness about calcium propionate. In addition, upsurge in demand of fresh food, rapid urbanization, mounting disposable income, upsurge in convenience and bakery food products purchase, large population base and changes in consumer lifestyle are also creating a positive impact on the calcium propionate market growth in the region.

Key players in the calcium propionate market are catering the demand by investing on new product launches in their product portfolio across the globe. In August 2017, Niacet Corporation expanded its calcium and sodium propionate production capacity. In addition, in February 2017, SK Capital Partners acquired Niacet Corporation to improve its product portfolio. SK Capital Partners (Niacet Corporation), Macco Organiques, Shandong Tong Tai Wei Run Chemical Co., Ltd., Impextraco, Real S.A.S., Addcon, Kemin Industries, Bell Chem, Associated British Foods PLC, A.M Food Chemical Co, Ltd and Fine Organics are the key players offering calcium propionate.

Source: VynZ Research