Global Calcium Propionate Market Overview:
Calcium propionate refers to a preservative, commonly used in baked goods. It works to extend the shelf life of baked goods by preventing mold and ropy bread bacteria growth. It is formed by reacting calcium hydroxide and propionic acid. It is available in powder, liquid and compressed form. The global calcium propionate market is expected to grow in the forecast period on account of increasing consumer preferences for fresh food products. Growing health concerns coupled with changing consumer lifestyle has propelled the market for calcium propionate.
Market Drivers
- Functional Potential of Calcium Propionate in New Product Lines
- Cost-Effective Preservation Solution
Market Trend
- Technological Advancements to Develop New Product Lines
Restraints
- Increasing Demand for Food Products Devoid of Synthetic Preservatives
- Stringent Legislations and Regulations with Respect to Food Safety and Shelf Life
Opportunities
- Untapped Emerging Markets
Challenges
- High Cost of Raw Material
- Availability of Substitute
Competitive Landscape:
Some of the key players profiled in the report are Niacet (SK Capital), Impextraco (Belgium), Addcon (Germany), Kemin Industries (United States), Macco Organiques (Canada), Associated British Foods PLC (United States), Bell Chem (United States), Krishna Chemicals (India), A.M Food Chemicals (China) and Fine Organics Industries (India). Additionally, following companies can also be profiled that are part of our coverage like Real S.A.S. and Shandong Tong Tai Wei Run Chemical. Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Calcium Propionate market by 2024.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Calcium Propionate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Calcium Propionate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Calcium Propionate Manufacturer, Trader, Distributors, and Suppliers, End Consumers Such as Manufacturers of Food and Feed Products, Commercial Research & Development Institution, Financial Institution and Association and Industry Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.