Diverse Types and Sources Propel Calcium Propionate Market Growth in Varied Applications and Industries Worldwide

The calcium propionate market, categorized by types such as encapsulated and non-encapsulated, and sourced from natural or synthetic origins, demonstrates versatility in applications. With uses spanning food and beverages, feed, pharmaceuticals, and more, the market highlights a broad spectrum of industries adopting calcium propionate. This diverse range of types and sources underscores the compound's widespread utility, meeting the unique demands of various sectors seeking effective preservative solutions for enhanced product shelf life and safety.

Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/global-calcium-propionate-market

Data Bridge Market Research analyses that the Global Calcium Propionate Market, which was USD 350.12 million in 2022, is expected to reach USD 567.32 million by 2030 and is expected to undergo a CAGR of 6.2% during the forecast period of 2023-2030. The driver behind the calcium propionate Market is the consumer-driven shift towards healthier and safer food additives. Calcium propionate, known for its preservative properties, is increasingly adopted as a safe and effective solution, aligning with the growing demand for more natural and health-conscious food choices.

Key Findings of the Study     

Demand for natural preservatives is expected to drive the market's growth rate

The driver behind the calcium propionate market is the escalating consumer inclination towards natural preservatives in food and cosmetic items. The heightened demand for cleaner labels and safer ingredients propels the adoption of calcium propionate, recognized for its efficacy as a natural preservative. This consumer-driven trend underscores the industry's response to evolving preferences, as individuals increasingly seek products aligned with their focus on health, wellness, and avoiding synthetic additives.

Report Scope and Market Segmentation

Segment Analysis:

The global calcium propionate market is segmented based on type, source, form, grade, and application. 

• On the basis of type, the market is segmented into encapsulated and non-encapsulated. The encapsulated is expected to dominate the calcium propionate market, commanding a 61.88% share. This dominance is attributed to the broad consumer preference for encapsulated preservatives in packaged foods, aiming to extend shelf life effectively
• On the basis of source, the market is segmented into natural and synthetic. The natural segment is expected to hold a 55.47% market share, establishing dominance in the global calcium propionate market. This is driven by the extensive availability of raw materials in the region
• On the basis of form, the market is segmented into powdered and liquid. The powdered segment is expected to dominate the global calcium propionate market, capturing a market share of 61.19%. This dominance is attributed to the region's large population, which exhibits a strong preference for both junk and packaged foods
• On the basis of grade, the market is segmented into food grade, feed grade, pharma grade, and industrial grade/technical grade. The food grade segment is expected to dominate the global calcium propionate market with a 50.29% market share as the region has a high population that prefers junk food as well as packaged food. The food-grade segment is poised to lead the global calcium propionate market, commanding a 50.29% market share. This dominance is driven by the region's sizable population, which exhibits a strong preference for both junk and packaged foods

The food grade segment will dominate the grade segment of the calcium propionate market

The food-grade segment is poised to lead the global calcium propionate market, commanding a 50.29% market share. This dominance is driven by the region's sizable population, which exhibits a strong preference for both junk and packaged foods. Powdered preservatives, widely utilized in food products to extend shelf life, dominate in Europe, facilitated by the ample availability and easy handling of powder preservatives.

• On the basis of application, the market is segmented into food and beverages, feed, pharmaceuticals, and others. The food and beverages segment is poised to assert dominance in applications with a 50.29% market share, driven by an increasing number of distribution channels, particularly in developing economies

The food and beverages segment will dominate the application segment of the calcium propionate market

The food and beverages segment is poised to assert dominance in applications with a 50.29% market share, driven by an increasing number of distribution channels, particularly in developing economies. Additionally, global growth and expansion in research and development services will further contribute to the robust growth of this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the global calcium propionate market players in global calcium propionate market are Kemira (Finland), Perstorp (Sweden), Fine Organic Industries Limited. (India), Macco Organiques Inc. (Canada), Impextraco NV (Belgium), LGM Pharma. (U.S.), Titan Biotech. (India).

Market Developments

• In March 2023, BioVeritas introduced a groundbreaking clean-label mold inhibitor using the BioVeritas Process. The cultured extract, BioVeritas calcium propionate, demonstrated a remarkable shelf life extension of nearly 30%, surpassing traditional petrochemical-derived calcium propionate. This innovation signifies a significant advancement in food preservation, aligning with the clean-label trend while effectively enhancing the longevity of products compared to conventional alternatives
• In September 2022, Kemin Industries, Inc. unveiled its latest product, SHIELD Pure, expanding its offerings in the North American market. This cultured dextrose, featuring a clean label, allows bakers to replace dry calcium propionate and propionic acid. Representing a valuable addition to Kemin's bakery solutions, this innovative technology empowers bakers to address formulation and process challenges, producing longer-lasting, safer, and fresher baked goods, including flatbreads and tortillas
• In April 2022, Perstorp announced plans to enhance carboxylic acid production capacity by approximately 70,000 tons/year. This strategic move aims to significantly increase calcium propionate production, presently based in Italy. The additional capacity is projected to be operational by 2024, reflecting Perstorp's commitment to meeting growing demand for calcium propionate and reinforcing its position in the market

Regional Analysis

Geographically, the countries covered in the global calcium propionate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Europe is the dominant region in the global calcium propionate market during the forecast period 2023-2030

Europe dominates the calcium propionate market, driven by consumer preferences for natural preservatives in cosmetics. The widespread demand stems from a desire to extend product shelf life while mitigating the risk of skin irritation and allergies. This trend reflects a heightened awareness and prioritization of natural ingredients in cosmetic formulations, positioning Europe as a critical player in the market for calcium propionate in the context of skincare and cosmetic products.

For more detailed information about the global calcium propionate market report, click here – https://www.databridgemarketresearch.com/ko/reports/global-calcium-propionate-market