Global Calcium Propionate Market is predicted to grow to around USD 568 million by 2030

According to the report, the global Calcium Propionate market size was valued at approximately USD 329 Million in 2021 and is predicted to reach around USD 568 Million by the end of 2030, expanding at a CAGR of around 5.61%  from 2022 to 2030.

Calcium propionate is the calcium salt derived from propionic acid. It is a food additive, generally used as a preservative, especially for baked-good products. Calcium propionate has managed to create a dedicated consumer database because of its excellent preservative qualities. The compound functions best when the pH level is below 5.5 and otherwise the performance of the calcium propionate may not be as effective.

The chemical formula for the compound is C6H10O4 Ca and has a molecular weight of 186.22. 100 grams of calcium propionate has around 21 grams of calcium. Over the years along with extensive research and development, calcium propionate has been established as a major ingredient in the bakery industry. Yeast-raised baked products like sliced bread or pre-packed bread and some products like chemically-raised tortillas are made using calcium propionate. It is produced by chemically changing propionic acid with calcium hydroxide.

The global calcium propionate market is projected to grow owing to increasing product innovations in the packaged food segment. Due to urbanization, many households have multiple family members working which allows only limited time for the family members to invest time in other activities like cooking. As a result of this, the number of people preferring packaged food products has considerably increased in the last decade. This is further encouraged by the large number of products offered as packaged food items including vegetables, pulses, fruits, and other nutritional items.

They also offer ease of cooking, unlike non-packaged food that takes time to prepare. As the demand for ready-to-eat meals grows, the requirement for calcium propionate is projected to match the rise. As per official reports, processed food is known to form around 69% of an average American citizen’s meal. In 2019, Japan recorded more than USD 207 billion in sales of packaged food products out of which one-tenth of the total revenue was contributed by the sales of ready-to-eat meals. Growing acquisitions and collaborations to enter new markets to cater to a larger consumer segment may also drive global market growth as the world witnesses a rise in joint initiatives undertaken by some of the largest players in related fields.

The global market is projected to face certain roadblocks due to the rising concerns over the impact of the consumption of calcium propionate on health. Although the product is generally classified as safe to be used, certain studies have pointed out that overconsumption could lead to severe health deterioration. More research and studies are needed to present conclusions but until then the global market players may lose out on a large size of revenue as people refrain from consuming calcium propionate in any form.

The changing consumer preference may provide market growth opportunities while managing the supply chain in the current political situation is a major challenge for the market players.

The global calcium propionate market is segmented based on form, application, and region.

Based on form, the global market is divided into liquid and dry with the latter expected to grow at a CAGR of 4.59% during the forecast period. The dry segment dominates due to its easy dispersion across the food matrix along with hassle-free storage and transportation. The demand for liquid calcium propionate is also high but the major restrictions are the extra resources required to store the product safely.

Based on application, the global market segments are dairy, beverages, animal feed, bakery, packaged food products, and others. Although the compound is used across sectors, in 2021, the global market was dominated by the bakery segment since the compound is one of the most popular additives among the players providing baked-good items. Some reasons why calcium propionate is more popular than other options include its little effect on yeast, as opposed to potassium sorbate, allowing the yeast to perform its function of fermentation without any roadblocks. It is extremely easy to apply owing to water solubility. However, the recommended usage level ranged between 0.1% to 0.3% of the flour’s dry weight.

North America is projected to witness the highest growth in the global calcium propionate market due to the presence of a large section of consumers preferring packaged food products. In 2021, the US packaged food industry generated more than USD 1 trillion in terms of revenue. In the United States, the compound has received the status of ‘Generally Recognized as Safe’ (GRAS) as a food substance but only under certain conditions; when used as an antimicrobial agent, when it is used to prepare confectionery items, baked goods, gelatins, frostings, jams, pudding, jellies, or cheese. It has to meet the specifications laid down by the Food Chemical Codex (FCC) while also meeting current food specifications laid down by government regulatory bodies making the compound an easy option for baked-goods manufacturers.

This review is based on a report by Zion Market Research, titled “Calcium Propionate Market By Application (Dairy, Beverages, Animal Feed, Bakery, Packaged Food Products, and Others), By Form  (Liquid, and Dry), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/calcium-propionate-market

Recent Developments:

• In June 2021, Kerry, a leading taste and nutrition company, acquired Niacet for a value of USD 1015 million
• In February 2022, Fytexia Group was acquired by ABF Ingredients

Calcium Propionate Market: Competitive Analysis

• Mauri
• Holding AB
• Macco Organiques Inc
• ABF Ingredients
• Niacet Corporation Monin Inc
• Addcon GmBH
• Cargill Corporation 

The global calcium propionate market is segmented as follows:

By Application

• Dairy, Beverages
• Animal Feed
• Bakery
• Packaged Food Products
• Others

By Form

• Liquid
• Dry

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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