North America Calcium Propionate Market Size, Share, Industry, Forecast

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Data Bridge Market Research analyses that the North America calcium propionate market, which was USD 91,116.94 million in 2022, would rocket up to USD 143,665.85 million by 2030, and is expected to undergo a CAGR of 5.9% during the forecast period.

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North America Calcium Propionate s The market research report involves key parameters namely market analysis, market definition, market segmentation, key market developments, competitive analysis, and research methodology. This market report proves to be an excellent resource providing current and upcoming technical and financial details of the industry up to 2030. Verified and advanced tools like SWOT analysis and Porter's Five Forces Analysis are used carefully while compiling this market research report. By understanding the need to follow certain steps to collect, record and analyze market data, the North America Calcium Propionate s Market report has been prepared.

Data Bridge Market Research analyses that the North America calcium propionate market, which was USD 91,116.94 million in 2022, would rocket up to USD 143,665.85 million by 2030, and is expected to undergo a CAGR of 5.9% during the forecast period.

Explore Further Details about This Research North America Calcium Propionate Market Report https://www.databridgemarketresearch.com/reports/north-america-calcium-propionate-market

North America Calcium Propionate Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Encapsulated and Non-Encapsulated), Source (Natural and Synthetic), Form (Powdered and Liquid), Grade (Food Grade, Feed Grade, Pharma Grade, and Industrial Grade/Technical Grade), Application (food & Beverages, Feed, Pharmaceuticals, and Others)

Countries Covered

U.S., Canada and Mexico

Market Players Covered

Kemira (Finland), Perstorp (Sweden), Fine Organic Industries Limited. (India), Macco Organiques Inc. (Canada), Impextraco NV (Belgium), LGM Pharma. (U.S.), Titan Biotech. (India), A.M FOOD CHEMICAL CO., LIMITED (China), BELL CHEM CORP. (U.S.), Dr. Paul Lohmann GmbH & Co. KGaA (Germany), Environmental Working Group. (U.S.), Kemin Industries, Inc. (U.S.), MAGNESIA GmbH (Germany)

Market Opportunities

  • Expansion of the aquaculture industry
  • Increase in demand for preservatives in cosmetic industries

 

Market Definition

Calcium propionate is a chemical compound widely used as a preservative in the food industry. It is derived from calcium hydroxide and propionic acid. It is renowned for its capacity to prevent the development of mold and bacteria, extending the shelf life of various foods, especially baked goods. Due to its success in preserving food safety and preventing microbial contamination, calcium propionate has become widely recognized as a trustworthy additive.

North America Calcium Propionate Market Dynamics

Drivers

  • Increasing demand for processed and convenience food products

The growing consumer preference for ready-to-eat and convenience food items drives the demand for calcium propionate as a preservative to ensure product safety and extended shelf life. The convenience food sector has experienced substantial growth in North America due to changing lifestyles, busy schedules, and a growing preference for ready-to-eat meals. Consumers increasingly seek food products that offer convenience, longer shelf life, and easy availability. As a result, manufacturers in the food industry have been incorporating calcium propionate into their products to meet these demands.

  • Rising development for clean-label food products

The rising development of clean-label food products drives the North America calcium propionate market. The clean label refers to the growing consumer demand for food products that contain natural, recognizable, and minimally processed ingredients. Consumers are increasingly concerned about artificial additives, preservatives, and chemicals in their food and seek cleaner and more transparent labeling.

  • Increasing demand for processed and packaged foods

The increasing demand for processed and packaged foods is a significant driver for the calcium propionate market. Processed and packaged foods have gained popularity due to their convenience, longer shelf life, and availability. Calcium propionate is commonly used as a food preservative in processed and packaged foods to prevent microbial spoilage, extend shelf life, and maintain product freshness. It inhibits the growth of molds and bacteria, thereby ensuring the safety and quality of these food products.

Opportunity

  • Expansion of the aquaculture industry

Expanding the aquaculture industry presents an opportunity for calcium propionate in North America. As the aquaculture sector grows, there is a rising need for high-quality feed with an extended shelf life to support the health and productivity of farmed fish and aquatic organisms. Calcium propionate serves as a feed preservative, preventing spoilage and maintaining the nutritional value of the feed.

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • North America Calcium Propionate Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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