Calcium Propionate Market

A-M chemicals co., Ltd (China), ADDCON (Germany), Fine organics (India), Kemira Oyj (Finland), Impextraco NV (Belgium), Krishna Chemicals (India), Niacet (U.S), Macco Organiques inc (Czech Republic), Perstorp Orgnr (Sweden), Cargill Incorporated. (U.S), AB Mauri India Pvt.Ltd. (India), BASF SE are the prominent manufacturers in the global market of calcium propionate.

Market Overview

The global calcium propionate market is segmented into five key regions namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America holds the largest share of about 35% of the market on account of the mature food industries. The application of the compound in the bakery products is the key driver of the market in this region. The increasing consumption of the bakery products increases their production, which favors the market growth positively.

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Europe is another region exhibiting market growth due to the increasing awareness about the food-borne diseases and need for shelf life stability in this region. Countries such as the U.K, Germany, France, and Italy are the major contributors to this regional market. The food consumption patterns along with the sufficient disposable income are the major drivers of the market in this region.

Segmentation

The global calcium propionate market is segmented on the basis of applications, and region.
On the basis of the application, the global calcium propionate is segregated into bakery products, dairy products, animal feed, agricultural applications, and others.

Key Players
• A-M chemicals co.Ltd (China)
• ADDCON (Germany)
• Fine organics (India)
• Kemira Oyj (Finland)
• Impextraco NV (Belgium)
• Krishna Chemicals (India)
• Niacet (U.S)
• Macco Organiques inc (Czech Republic)
• Perstorp Orgnr (Sweden)
• Cargill Incorporated. (U.S)
• AB Mauri India Pvt.Ltd. (India)
• BASF SE

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Regional Analysis

The Asia Pacific is the fastest growing region in terms of value in the global calcium propionate market. The bakery product applications segment holds a major share of the market in this region. The change in lifestyle and food consumption pattern coupled with the growing population is driving this regional market. Countries such as China, India, Japan, and others are the major contributors to the regional market growth. Also, the increasing use of pesticides in these agricultural countries for better productivity is likely to propel the market growth.

Developing economies such as Mexico and Brazil are substantially contributing to the growth of the market in Latin America due to the surging food industries in this region. Furthermore, the growing food and beverage industries in the Middle East & Africa is most likely to favor this regional market.

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