Calcium propionate is a food additive, used as a preservative in variety of products and is also act as an antimicrobial agent. It decreases the growth of the bacteria and fungi. Efficient ability of calcium propionate in new product lines and mounting health issues of consumers in the food industry are the major factors driving the growth of the calcium propionate market. Different forms of calcium propionate supported the calcium propionate market size. The market has witnessed high command for dry calcium propionate in the coming years due to easiness of mixing and improved dispersion all over the food matrix.
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Efficient ability of calcium propionate in new product lines such as feed supplement, antimicrobial agent and food preservative, mounting health issues of consumers in the food industry, altering consumer lifestyle is affecting food consumption, mounting demand for bakery products with prolonged shelf life and economical preservation solution are the primary growth drivers for calcium propionate market.
For instance, calcium propionate is developed by reacting calcium hydroxide and propionic acid. Calcium propionate is used as a mold inhibitor in several dairy products, animal feed and agricultural applications. Preservatives are elementary necessities to inhibit the spoilage of food & feed. The major purpose of calcium propionate is evolution of microbes on several bakery products that are inclined to damage by bacteria. It is less toxic as compared to other salts. It is also used for the treatment of milk fever.
Technological innovations to develop novel product lines, mounting consumer inclinations for fresh food products and long shelf life products, upsurge in need for clean-label food products, mounting customer need for food safety, and R&D & inventions to support demand are also facilitating the growth for the calcium propionate market.
Asia-Pacific is observed to witness fastest growth in the calcium propionate market, due to mounting awareness about calcium propionate. In addition, upsurge in demand of fresh food, rapid urbanization, mounting disposable income, upsurge in convenience and bakery food products purchase, large population base and changes in consumer lifestyle are also creating a positive impact on the calcium propionate market growth in the region.
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Key players in the calcium propionate market are catering the demand by investing on new product launches in their product portfolio across the globe. In August 2017, Niacet Corporation expanded its calcium and sodium propionate production capacity. In addition, in February 2017, SK Capital Partners acquired Niacet Corporation to improve its product portfolio. SK Capital Partners (Niacet Corporation), Macco Organiques, Shandong Tong Tai Wei Run Chemical Co., Ltd., Impextraco, Real S.A.S., Addcon, Kemin Industries, Bell Chem, Associated British Foods PLC, A.M Food Chemical Co, Ltd and Fine Organics are the key players offering calcium propionate.