Recent Developments

Dutch company Niacet Corporation announced that it will re-enter the animal feed markets in Middle East & Africa and Asia Pasific in March 2018. The Calprona portfolio consists of: calcium propionate, sodium propionate, calcium acetate, magnesium acetate and zinc acetate. Also for the Americas the company will re-launch its activities in animal feed. The products are used for spoilage prevention, feed-safety and animal health.

Niacet, a leading global producer of propionates and acetates, focusing on the Food Pharmaceutical and Feed industries.  It offers propionates; emulsifiers, such as sodium stearoyl lactylate and calcium stearoyl lactylatel; and surfactants for use in acids, salt solutions, alkalies, and for oxidizing systems. The company also provides acetates, including sodium acetate, a buffering agent; sodium diacetate, a food flavoring; calcium acetate; and sodium phenoxyacetate SPA, an intermediate used in fermentation of penicillin. In addition, it offers monochloroacetic acid for the manufacture of carboxymethylcellulose. Niacet Corporation was formerly known as Niacet Chemicals Corporation. The company was founded in 1924 and is based in Niagara Falls, New York. It has an additional office in Singapore; and facilities in Tiel, the Netherlands.

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Market Segmentations

Market Data Forecast published a report named Calcium Propionate Market was worth USD 314.73 million in 2018 and estimated to be growing at a CAGR of 6.15%, to reach USD 424.17 million by 2023. 
Report is segmented by
Application

Bakery
Meat
Processed meat
Dairy
Feed
Processed food
 

Form

Dry
Liquid
 

Based on application, the bakery segment dominates the market share, owing to the growth in consumption of bakery products. Under form, the dry segment is estimated accounted for a larger share of the global calcium propionate market in 2018. It is also projected to grow at a relatively higher CAGR during the forecast period due to factors such as ease of mixing and better dispersion throughout the food matrix; additionally, dry calcium propionate does not affect the leavening action of baking powder in bakery products.

Geographical Segmentation:

Based on geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Calcium Propionate market was dominated by North America, with the overall market share of over 34% globally. North America was followed by Europe and Asia Pacific. Asia Pacific is predicted to grow at a rapid pace, with Latin America and the Middle East showing high potential as well in the coming few years.

 

Key market players in the market are -

Kemira Oyj
Krishna Chemicals
Macco Organiques Inc.
Niacet Corporation
Perstorp Holding Ab.
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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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