The encapsulated calcium propionate market involves the production and utilization of a food additive where calcium propionate, a preservative, is coated or encapsulated to enhance its stability and efficacy. This encapsulation process helps mitigate challenges related to the taste and odor of calcium propionate while improving its controlled release in food products. The market aims to address the demand for extended shelf life and mold inhibition in bakery and other food applications, providing a more effective and consumer-friendly solution. Encapsulated calcium propionate finds application in diverse industries seeking improved food safety and quality maintenance.
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Data Bridge Market Research analyzes that the Global Encapsulated Calcium Propionate Market is expected to reach USD 378,933,002.78 by 2031 from USD 234,523,682.28 in 2023, growing with a substantial CAGR of 6.2% in the forecast period of 2024 to 2031.
Key Findings of the Study
Growing Food and Beverage Sector in Production and Distribution
Encapsulated calcium propionate plays a critical role in addressing the severe needs of the growing food and beverage industry. The sector, which is characterized by innovation and changing customer tastes, requires preservatives that not only extend shelf life but also comply with natural trends. Encapsulated calcium propionate, with its controlled release mechanism and stability-enhancing qualities, meets the requirements of customers, allowing producers to extend the market life of their products without sacrificing quality.
Furthermore, as the global food and beverage sector becomes more interconnected, with issues relating to transportation, storage, and distribution, the demand for dependable preservatives grows. Encapsulated calcium propionate overcomes these issues by delivering the preservative in a regulated and prolonged release, increasing its efficacy and flexibility in a variety of product compositions.
The requirement for preservatives that can successfully cater to ready-to-eat and on-the-go food products, as customers expect convenience with the growing busy lives rises. Encapsulated calcium propionate guarantees that consumable products remain fresh and intact, satisfying the demands of modern consumers by limiting the growth of spoilage bacteria.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD, Volumes in Metric Ton, ASP in USD per Ton
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Segments Covered
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Grade (Food Grade and Feed Grade), Form (Powder and Granular), Application (Food & Beverages and Feed)
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Country Covered
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U.S., Canada, Mexico, Germany, France, U.K., Spain, Russia, Turkey, Italy, Belgium, Netherlands, Switzerland, Denmark, Sweden, Poland, Norway, Rest of Europe, China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Chile, Peru, Rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Kuwait, Qatar, and Rest of Middle East and Africa
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Market Players Covered
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Glanbia plc (Ireland), Balchem Corp. (U.S.), TasteTech (U.K.), Ingrizo NV (Belgium), LloparTec (Spain), PHS Life Sciences (India), and VEDEQSA (Spain) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis
- On the basis of grade, the market is segmented into food grade and feed grade
In 2024, the food grade segment is expected to dominate the market
In 2024, the food grade segment is expected to dominate the market with a market share of 63.02% due to its essential role in preserving food products, ensuring safety and quality, and meeting regulatory standards for consumption.
- On the basis of form, the market is segmented into powder and granular
In 2024, the powder segment is expected to dominate the market
In 2024, the powder segment is expected to dominate the market with a market share of 59.89% due to its versatility, ease of incorporation into various food products, and ability to achieve controlled release and prolonged shelf life.
- On the basis of application, the market is segmented into food & beverages and feed. In 2024, the food & beverages segment is expected to dominate the market with a market share of 63.84%
Major Players
Data Bridge Market Research analyzes Glanbia plc (Ireland), Balchem Corp. (U.S.), TasteTech (U.K.), PHS Life Sciences (India), and VEDEQSA (Spain) as the major market players of the global encapsulated calcium propionate market.
Market Developments
- In August 2022, Balchem Corporation announced its acquisition of Cardinal Associates Inc., operating as "Bergstrom Nutrition,” The acquisition of Bergstrom Nutrition by Balchem Corporation brings several strategic advantages. The expanded product range provides new growth opportunities, strengthens market presence, and complements Balchem's expertise in science-backed mineral products, contributing to overall business development and success
- In June 2022, Balchem Corporation successfully concluded its acquisition of Kappa Bioscience AS, a prominent science-driven manufacturer headquartered in Oslo, Norway, specializing in vitamin K2 for the human nutrition industry. This acquisition enhances the company's product offerings, broadens its capabilities, and opens up new avenues for growth. The acquisition aligns with Balchem's commitment to innovation and market leadership, providing a valuable asset to meet evolving consumer demands in the nutrition sector and contributing to overall business expansion and success
- In September 2022, Ingrizo NV announced that Korys decided to invest in Ingrizo to allow it to continue with its growth path and with the development of its present and future product portfolios. The participation of Korys had a positive effect since both parties had a strong ambition to significantly expand the turnover
- In November 2023, at IBA Munich, a renowned trade fair for bakery and pastry sectors, Llopartec showcased its expertise in personalized food solutions, positioning itself as a leader in the international market. The event, a hub of intercommunication and innovation, hosted 1,073 exhibitors from 46 countries and drew a record attendance of 57,000 visitors from 150 nations. Llopartec, with its stand, presented new products and innovations primarily targeting the bakery, pastry, and microencapsulation sectors. This exhibition helped the company to showcase its product portfolio and innovation and in expansion of their market reach
Regional Analysis
Geographically, the countries covered in the global encapsulated calcium propionate market are the U.S., Canada, Mexico, Germany, France, U.K., Spain, Russia, Turkey, Italy, Belgium, Netherlands, Switzerland, Denmark, Sweden, Poland, Norway, rest of Europe, China, South Korea, Japan, India, Thailand, Indonesia, Australia, New Zealand, Vietnam, Malaysia, Philippines, Singapore, rest of Asia-Pacific, Brazil, Argentina, Chile, Peru, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Kuwait, Qatar, and rest of Middle East And Africa.
Europe is estimated to be the dominant region in the global encapsulated calcium propionate market.
Europe is expected to dominate the global encapsulated calcium propionate market due to its wide application in the food and beverages industry.
Europe is estimated to be the fastest-growing region in the global encapsulated calcium propionate market
Europe is expected to grow due to the increasing adoption of advanced manufacturing technologies, and robust research and development activities.
As per Data Bridge Market Research analysis:
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