Europe Propionic Acid and Derivatives Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

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Europe Propionic Acid and Derivatives Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

  • Food & Beverage
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  • Aug 2024
  • Europe
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Europe Propionic Acid And Derivatives Market

市场规模（十亿美元）

CAGR :  % Diagram

Chart Image USD 578.88 Million USD 875.02 Million 2023 2031
Diagram Forecast Period
 2024 –2031
Diagram Market Size (Base Year)
 USD 578.88 Million
Diagram Market Size (Forecast Year)
 USD 875.02 Million
Diagram CAGR
 %
Diagram Major Markets Players
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Europe Propionic Acid and Derivatives Market Segmentation, By Product (Propionic Acid, Derivatives), Grade (Industrial Grade/Technical Grade, Food Grade, Feed Grade, Pharma Grade), Form (Dry, Liquid), Type (Encapsulated, Non-Encapsulated), Source (Natural, Synthetic), Application (Food and Beverage, Feed, Pharmaceuticals, Cosmetics, Home and Personal Care, Agriculture, Industrial and others) - Industry Trends and Forecast to 2031.

Europe Propionic Acid and Derivatives Market

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Europe Propionic Acid and Derivatives Market Size

Europe Propionic acid and derivatives market size was valued at USD 578.88 million in 2023 and is projected to reach USD 875.02 million by 2031, with a CAGR of 5.3% during the forecast period of 2024 to 2031.

Report Scope and Market Segmentation       

Attributes

Propionic Acid and Derivatives Key Market Insights

Segmentation

By Product: Propionic Acid, Derivatives

By Grade: Industrial Grade/Technical Grade, Food Grade, Feed Grade, Pharma Grade

By Form: Dry, Liquid

By Type: Encapsulated, Non-Encapsulated

By Source: Natural, Synthetic

By Application: Food and Beverage, Feed, Pharmaceuticals, Cosmetics, Home and Personal Care, Agriculture, Industrial and others

Countries Covered

Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Italy and Rest of Europe

Key Market Players

EASTMAN CHEMICAL COMPANY, Kemin Industries, Inc., A.M FOOD CHEMICAL CO., LIMITED.A.M Food Chemcial Co., Limited., Perstorp, BASF SE Basf Se, Biomin, DowDow, Impextraco Nv, Palital Feed Additives B.V., Macco Organiques Inc., Finoric Llc, Spectrum Chemical Manufacturing Corp., Niacet, Monarch Chemicals Ltd, Celanese Corporation, Cayman Chemical, NOVUS INTERNATIONAL, Trouw Nutrition USA, LLC., Daicel Corporation and Krishna Chemicals
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Propionic Acid and Derivatives Market Dynamics

Rising demand from feed and food preservative manufacturers are leading the growth of the market. Europe region is dominating due the increased demand for packaged food and processed food is the reason why the usage of propionic acid and derivatives has increased in the region.

This propionic acid and derivatives market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Propionic Acid and Derivatives Market Scope

The propionic acid and derivatives market is segmented into six notable segments which are based on product, grade, form, type, source, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Product

Grade

  • Industrial Grade
  • Technical Grade
  • Food Grade
  • Feed Grade
  • Pharma Grade

Form

  • Dry
  • Liquid

Type

Source

Application

  • Food & Beverage
  • Feed
  • Pharmaceuticals
  • Cosmetics
  • Home & Personal Care
  • Agriculture
  • Industrial
  • Others

Propionic Acid and Derivatives Market Regional Analysis

Europe propionic acid and derivatives market is analyzed and market size information is provided by product, grade, form, type, source, and application.

The countries covered in the propionic acid and derivatives market report are Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Italy and Rest of Europe.

Europe propionic acid and derivatives market is dominating the market due to their region because of the rising demand from feed and food preservative manufacturers in the region. The propionic acid is dominating the Germany market because of increasing demand for the packaged and processed foods. The U.K. market for propionic acid is expected to grow during the forecast period as the region due to the increased demand for the propionic acid from feed and food preservatives application from the manufacturers.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Propionic Acid and Derivatives Market Share

Europe propionic acid and derivatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to propionic acid and derivatives market.

Propionic Acid and Derivatives Market Leaders Operating in the Market Are:

  • EASTMAN CHEMICAL COMPANY
  • Kemin Industries, Inc.
  • A.M FOOD CHEMICAL CO., LIMITED
  • Perstorp
  • BASF SE
  • Biomin
  • DowDow
  • Impextraco Nv
  • Palital Feed Additives B.V.
  • Macco Organiques Inc.
  • Finoric Llc
  • Spectrum Chemical Manufacturing Corp.
  • Niacet
  • Monarch Chemicals Ltd.
  • Celanese Corporation
  • Cayman Chemical
  • NOVUS INTERNATIONAL
  • Trouw Nutrition USA, LLC.
  • Daicel Corporation
  • Krishna Chemicals

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Frequently Asked Questions

市场是基于 Europe Propionic Acid and Derivatives Market Segmentation, By Product (Propionic Acid, Derivatives), Grade (Industrial Grade/Technical Grade, Food Grade, Feed Grade, Pharma Grade), Form (Dry, Liquid), Type (Encapsulated, Non-Encapsulated), Source (Natural, Synthetic), Application (Food and Beverage, Feed, Pharmaceuticals, Cosmetics, Home and Personal Care, Agriculture, Industrial and others) - Industry Trends and Forecast to 2031. 进行细分的。
在2023年，Europe Propionic Acid and Derivatives Market的规模估计为578.88 USD Million美元。
Europe Propionic Acid and Derivatives Market预计将在2024年至2031年的预测期内以CAGR 5.3%的速度增长。
该市场报告涵盖Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Italy and Rest of Europe的数据。

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Market Analyst, Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

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Andrew - Senior Global Marketing Manager, Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

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Tor Hammer Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

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Tommaso Finocchiaro Market Intelligence Specialist Nippon Gasses

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Yuki Kopyl (Asian Business Development Department) UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future

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David Manning - Thermo Fisher Scientific Director, Global Strategic Accounts,
Dear Ricky, I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.
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Manager - Market Analytics, Uriah D. Avila - Zeus Polymer Solutions
Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.
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The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.