The Food & Beverage practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the “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" to be held on 10 December, 2013. The briefing will cover an overview of the current industry trends along with an assessment of drivers and opportunities that are present in the market. It will also cover the factors that limit the growth of the calcium propionate market.
In terms of volume, the calcium propionate market is projected to grow at a CAGR of 5.0% from 2013 to 2018. Preserving food and feed, along with having to maintain its quality is a major concern in the food and feed industry, globally. Consumer’s preferences for consumption of fresh products and enhancement of animal performance so as to provide safe food for consumers are the key drivers for the calcium propionate market.
The report “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” defines, segments, and analyses the calcium propionate market by forecasting the global volumes (MT) and values ($thousands) for various end-use markets. Geographically, the market is segmented and forecasted on the basis of important regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In the calcium propionate market, the key applications are bakery, feed, dairy, meat & processed meat, and other food products. The present quick-paced western lifestyle demands the consumption of products with a prolonged shelf life. The bakery segment dominated the calcium propionate market, while feed is the fastest growing segment in the calcium propionate market.
Calcium Propionate Market Volume (Mt), 2011 & 2018
Source: MarketsandMarkets Analysis
The North American and European markets are expected to show a stagnant growth drift, owing mainly to the saturated end product markets and high penetration levels. However, in Europe, the growing economies of the Eastern European region exhibit a strong growth. Product differentiation and premium products are the key drivers that will push the growth in these markets.
The Asia-Pacific region is the fastest growing region for the calcium propionate usage, followed by Latin America, and the Middle East & Africa. Most of the countries in these regions are still at a developing stage, and are set to grow at a faster than the global average rate. Rising population, increased consumer spending, and the resultant demand for food and feed safety drives the markets in these developing regions. China, India, Brazil, and South Africa are at the forefront of this growing trend. The burgeoning food industry in these regions coupled with a huge potential in the end use industries fuels the growth in these regions.
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