Industry Background:
Sodium propionate is the organic sodium salt form of propionic acid, which is an organic acid that is produced during the chemical degradation of sugar with comprising equal numbers of sodium and propionate ions. It is chemically manufactured for a variety of industrial purposes. It is used as a food preservative and antifungal drug. These applications of sodium propionate have led to significant growth of the global sodium propionate market in the forecast period.This growth is primarily driven by Rising demand for food preservatives in the food industry is the major driving factor for the global sodium propionate market. Sodium propionate prevents the growth of mold and some bacteria, thereby prolonging the shelf life of packaged baked goods. According to the Code of Federal Regulations, sodium propionate is generally recognized as safe when used as a food additive. It is also used to prevent mold growth in packaged and processed cheese products..
Globally, a noticeable market trend is evident Increasing use for Treatment of Skin Fungal Infections. Major Vendors, such as Dow Inc. (United States), DR. Paul Lohmann GmbH KG (Germany), Fine organic industries, Ltd (India), Foodchem International (China), Jainex Specialty Chemicals (India), Krishna chemicals (India), Macco Organiques Inc. (Canada), Niacet Corporation (United States), Prathista Industries Ltd (India) and Rishi chemical works Pvt. Ltd. (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Rising demand for food preservatives in the food industry is the major driving factor for the global sodium propionate market. Sodium propionate prevents the growth of mold and some bacteria, thereby prolonging the shelf life of packaged baked goods. According to the Code of Federal Regulations, sodium propionate is generally recognized as safe when used as a food additive. It is also used to prevent mold growth in packaged and processed cheese products.
Market Trend
- Increasing use for Treatment of Skin Fungal Infections
Restraints
- Presence of Alternative Additives For Preventing Food
Opportunities
Rising use as an Additive in Animal Feed is to Create Opportunities for Market and Technological Advancements in Sodium Propionate-Based Medical Practices to Treat Patients
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sodium Propionate Study Sheds Light on
— The Sodium Propionate Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Sodium Propionate industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Sodium Propionate industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.