HOME › Research Insight › New Revenue Pockets: Calcium Propionate Market
New Revenue Pockets: Calcium Propionate Market
The calcium propionate market is emerging with a positive growth due to increasing preferences for fresh food and livestock-based products. Food and feed security has always remained key contentious issues, globally, as demand outstrips supply. In order to avoid food wastage and spoilage, there is a growing demand for antimicrobials by food companies so as to deliver the consumers with safe food products.
The calcium propionate market is emerging with a positive growth due to increasing preferences for fresh food and livestock-based products. Food and feed security has always remained key contentious issues, globally, as demand outstrips supply. In order to avoid food wastage and spoilage, there is a growing demand for antimicrobials by food companies so as to deliver the consumers with safe food products. Increasing feed commodity prices, translates into rising demand for feed grain preservation. This ensures animal safety that enables better return for producers, with end product being safe for human consumption.
There is a continuous need for innovations in the calcium propionate value chain to gain a competitive edge over other players. The availability of propionic acid is a major factor that limits the growth of the calcium propionate market. Restrictions in the production capacity of propionic acid due to the dearth of technological innovations affect the production of calcium propionate to an extent. In the long run, with technological advancements and various new ways to produce propionic acid, the supply would be upbeat. This in turn will positively affect the raw material availability and boost the production of calcium propionate.
Asia-Pacific presents tremendous opportunities for calcium propionate and its end-use applications. The climatic conditions in this region are favorable for the growth of microbes on various food products. Hence, end-users use calcium propionate to extend the shelf life of the product. The demand for calcium propionate will be revived by consumption in Asia-Pacific, Latin America, and the Middle East & African countries. China has emerged as a recent exporter of calcium propionate for the food and feed industry, globally. Factors such as rapid urbanization, higher disposable incomes, strong demand for processed foods, coupled with a low cost of production, positions China as a strong consumption and production hub. The other emerging economies such as Brazil, Russia, India, etc., exhibits rapid gains in this market.
The key companies that operate in this market such as Niacet Corporation (U.S.), Kemira (Finland), Macco Organiques Inc. (Canada), Perstorp Holdings AB (Sweden), and AB Mauri (U.K.) are engaged in innovating respective products in order to cater to demands from food processors and feed mills. Through their organic growth strategies of expansion and new product formulations, the companies enhance their penetration in the calcium propionate market.
Calcium Propionate Market by Applications (Bakery, Feed, Dairy, Meat & Processed Meat & Other Food Products) & by Regions (North America, Latin America, Europe, Asia-Pacific, The Middle East & Africa) - Trends & Forecasts to 2018.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252