Calcium Propionate Market – Anticipated To Witness High Growth In The Near Future

The calcium propionate market is estimated at USD 277.1 million in 2018 and is projected to reach a value of USD 363.3 million by 2023, at a CAGR of 5.6%. The growth of the calcium propionate market is driven by factors such as growth in demand for bakery products with extended shelf life and cost advantages provided by calcium propionate over other preservatives, which contribute to increased demand and adoption rate.

Market Dynamics:

Increasing health concerns of consumers are driving the market for calcium propionates

The market for calcium propionate is driven by this rising demand for nutritional food and the increasing health consciousness among consumers. The preference of natural food additives over synthetic ones to eliminate health concerns also increases the demand for calcium propionate.

The food industry has begun using natural calcium propionate to make it as safe to consume as organic calcium salt of propionic acid, which is produced by fermentation with a selected strain of propionibacterium. The food industry also uses advanced technologies such as bacteriophages, MAP, and alternative preserving techniques combined with preservatives to maintain the quality and safety of food.

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Stringent regulations are a major restraint

Stringent legislations and regulations with respect to food safety and shelf life have meant that processing industries are keen on getting the right formulation to present the best food product to the consumer, and preservatives play a pivotal role in this aspect. Local and regional regulations are required to be checked for allowed applications and dosage levels. The stringent regulations pertaining to quality and food safety are projected to restrain the global calcium propionate market growth. For instance, in the US, the usage level of propionic acid and propionates is 0.1% to 0.4%. According to federal regulations, the addition of calcium propionate to a food product raises the pH by approximately 0.1 to 0.5 pH units depending on the amount, pH, and type of product. Also, federal regulations limit the maximum level for flour, white bread, and rolls at 0.32% based on the weight of the flour; for whole wheat products at 0.38% based on the weight of the flour; and for cheese products at 0.3%. Such stringent monitoring and regulations restrain the market growth.

Untapped emerging markets are providing growth opportunities

The Middle Eastern & African countries are increasingly adopting calcium propionate due to changes in consumer lifestyles and increasing demand for fresh products. Asia Pacific is the second-largest market for calcium propionate after North America in 2023, owing to the increased awareness about calcium propionate and the benefits offered. It remains one of the important markets for calcium propionate manufacturers due to its size and its regulatory environment.

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