Press Releases
 
Calcium Propionate Market: Burgeoning Demand in Bakery Applications Drives Growth Prospects

United States, 20 April 2017 -- Calcium Propionate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Transparency Market Research (TMR) observes that key players in the global calcium propionate market have a strong focus towards research and development (R&D) activities in order to expand their product portfolio. For instance, in September 2015, Niacet Tiel inaugurated a newly renovated laboratory with new testing equipment for research in food products. Other prominent participants in the global market are AB Mauri, Kemira, Perstorp Holding AB, and Macco Organiques Inc.

“Besides R&D, key players are paying high attention to strengthening distribution channel and introducing products that are in line with protean customer requirements,” says TMR’s lead analyst. The global market for calcium propionate had a valuation of US$343.6 mn in 2016 and is estimated to rise to US$480.3 mn by 2023, progressing at a 4.9% CAGR between 2015 and 2023.

Europe to Lead Revenue Generation through 2023

Based on application, bakery will continue to dominate the market until 2023, representing over 56.0% of its value. Calcium propionate prevents the formation of mold and rope and boosts the normal shelf life of bread and other baked products, thereby triggering its adoption in bakery products. It is also used in grain protection and plant pesticides. Demand for calcium propionate in these applications is expected to increase over the coming years. As a result, the other segment is poised to expand at a noteworthy CAGR during the forecast period.

Geographically, Europe will be the frontrunner in the global arena throughout the review period. The growing demand for preserved food and the increasing number of bakeries in the region are fuelling the market. The Rest of the World segment is anticipated to register a CAGR of 6.8% during the same period, with Brazil and South Africa being the sights of high growth rate. The rising concerns regarding food hygiene and preservation along with the changing food habits of the populace in emerging countries are contributing to the growth of the segment.

For more information on this report, fill the form @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2078

Swelling Demand for Convenience Foods Triggers Adoption

“Busy lifestyles of consumers are creating a staggering volume of demand for convenience food products that have a high shelf life. However, there is also an increasing health consciousness among consumers, which is motivating them to consume healthy and nutritive convenience food products,” says a TMR analyst. These factors are resulting in soaring demand for safe food additives, thereby augmenting the global calcium propionate market.

Calcium propionate is considered to one of the safest and an ideal antimicrobial agent for bakery items to restrict the growth of molds and other microorganisms. In addition, its cost-effectiveness provides it an edge over their substitutes, including sorbates and sulfites. Owing to these factors, the demand for calcium propionate is likely to witness significant boost.

Shift in Preference towards Fresh Food Takes its Toll on Market Growth

Despite busy lifestyles of people, the rising sense of health consciousness is prompting them to shift towards fresh food from preserved food. This trend is hindering the widespread adoption of food preservatives and additives, thereby hampering the growth of the global calcium propionate market. Furthermore, stringent government regulations across different countries pertaining to the usage of preservatives are keeping the market from realizing its utmost potential. TMR analyst observes that safety standards are stricter in developed countries than developing countries. Thus, over the forthcoming years, key players are expected to shift their focus towards emerging countries in order to maximize their revenue.

The above data has been derived from the report by TMR, titled “Calcium Propionate Market (Application - Bakery, Dairy, Meat Processing, Animal Feed, and Plant Pesticides and Grain Protection) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023.”

The global calcium propionate market is segmented as follows:

Global calcium propionate market, by Application

Bakery
Dairy
Meat processing
Animal Feed
Beverages
Packaged food products
Others (Plant pesticides and grain protection etc.)

# # #


Submitted by amyjames on Thursday, 20 April 2017 at 1:41 PM
Category: Food & Fashion
 
Related News

Omega De Ville Prestige Co-Axial Chronometer Automatic Power Reserve 424.13.40.21.03.001 Men's Watch
Friday, 21 Apr 2017

Dehydrated Parsley Flakes Market Growing at a Healthy Rate
Friday, 21 Apr 2017

Cosplayzc.Com Online Portal Offers Amazing Discounts On Cosplay Costumes
Friday, 21 Apr 2017

All Women Wants to Have Long-Lasting Lip Color
Friday, 21 Apr 2017

Boswellia serrate Market – Overview of Vital Industry Drivers
Friday, 21 Apr 2017

Related Events

Food Innovate
Monday, 22 May 2017

LESHOW Moscow 20th International Leather and Fur Fashion Fair
Monday, 29 May 2017

Convenience Retailing Summit 2017
Tuesday, 6 Jun 2017

Latest News

Obtain 2007 runescape gold with Up To 10% Bonus on Rsorder for Fossil Island Until May 10
Monday, 24 Apr 2017

Gain runescape 3 gold with Up To 10% Bonus on Rsorder for Free XP Until May 10
Monday, 24 Apr 2017

TEPCO: Free Electrons Announces Cohort of 12 Energy Startups
Monday, 24 Apr 2017

www.unitedkingdominbusiness.co.uk offers great opportunities for free advertising strategies
Monday, 24 Apr 2017

Emergency dental care in Los Angeles
Monday, 24 Apr 2017

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2017
Today is Monday, 24 April 2017

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • How to backup files in your laptop
  • World Congress on Maternal Fetal Neonatal Medicine
  • 85th EAS Congress - European Atherosclerosis Society
  • Leveraging Customer Contact as a Strategic Asset: Customer Contact, East
  • Radiology in Venice

  • Latest Jobs
  • London Investment Property
  • We Are Hiring A Content Manager!