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Global Calcium Propionate Market to Rise at Cagr of 4.9% 2015-2023; Applications in Bakery Segment Boost Growth

  • Date Submitted: 05/18/2016 01:33 AM
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Transparency Market
Research
Calcium Propionate Market by Application (bakery, dairy, meat
processing, animal feed and others) - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
14-04-2016

78 Page Report

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Press Release
Global Calcium Propionate Market to Rise at CAGR of 4.9% 2015-2023;
Applications in Bakery Segment Boost Growth

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Calcium Propionate Market

REPORT DESCRIPTION

Transparency Market Research has recently published a new research report, titled “Calcium Propionate
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”. The research
report highlights the various drivers and restraints and threats and opportunities present in the global
calcium propionate market. According to the research report, the global calcium propionate market is
expected to reach US$480.3 mn by 2023 from US$312.6 mn in 2014, surging at a CAGR of 4.9% from 2015
to 2023 in terms of revenue. Volume-wise this market is expected to rise at a CAGR of 4.4% from 2015 to
2023 to reach 302.2 kilo tons by 2023.
Calcium propionate is the calcium salt of propionic acid and it is an exceptionally important food additive
as it acts as an antimicrobial agent. It is often used as a preservative in baked items as it kills
microorganisms such as algae, bacteria, fungi, and viruses. It is also used as a food supplement to prolong
the shelf life of several food items.
In the near future, the global calcium propionate market is expected to witness a surge in demand due to
growing consumer preference for baked items. Owing to the fact that calcium propionate happens to be far
more cost-effective than other types of preservatives, it is expected to gain accelerated momentum. The
ongoing...

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