The Europe Calcium Propionate Market was worth US$ xx million in 2021, and it is estimated that it will reach a valuation of US$ xx million by 2026 with a notable annual expansion rate between 2021 and 2026.
Calcium propionate has applications as a food preservative in various foods like processed meats, baked goods, dairy products, and others. Unlike benzoate, propionate prevents microbes from producing the energy they need. Propionate does not require acidic requirements like benzoate. It is a natural salt that can be used in small amounts in many foods. Calcium propionate is added to food because it keeps it fresh by preventing the growth of bacteria and fungi. Furthermore, calcium propionate is used as a food supplement to extend the shelf life of food products.
The growing demand for canned foods is a major factor that is expected to drive the European calcium propionate market during the forecast period. Increased health awareness in the food industry is also expected to drive the market in the future.
Calcium propionate offers a variety of functional properties in a variety of product lines. The global market for calcium propionate is growing due to changes in consumer preferences for food. The demand for calcium propionate has increased as people's changing lifestyles and awareness of their health have increased. This, combined with the cost of calcium propionate, which is relatively inexpensive compared to other food preservatives, is expected to boost the market in the near future. Therefore, the demand in the market increases, which triggers the growth of the market. Animals receive calcium propionate as a food supplement. Calcium propionate is used as a preservative in baked goods, processed meats, bread, and many other dairy products. It acts as an antibacterial agent to kill microorganisms like viruses, bacteria, algae, and fungi. The growing food preservative sector is increasing the demand for calcium propionate in the world market. It is a very profitable product compared to other alternatives such as sorbate, sulphatic, etc., so there is a growing demand in the market. The need to minimize fat and calorie intake is affecting the demand for certain functional foods. The busy lifestyle has increased the demand for easy-to-consumer products that are not affected by bacteria. However, the rapid increase in health problems faced by consumers has made them aware of the benefits of healthy and nutritious convenience foods. It has antimicrobial properties that improve efficiency and resistance to processing and extend the shelf life of various food products. Calcium propionate is considered one of the additives that prevent spoilage of food, especially during transportation. Therefore, the growing demand for calcium propionate is expected to stimulate the market in the near future.
Increasing applications in the field of food preservatives are expected to be a major driver of the product. It also acts as a cost-effective solution compared to other alternatives like sorbate, sulfite, etc., which are expected to further improve market demand in the future. Increased customer demand for food safety coupled with the expansion of the calcium propionate application base in the new product line is expected to lead to positive industry growth over outlook forecast period. Also, the changing lifestyle, coupled with the increasing demand for packaged and ready-to-eat foods, is another factor that is expected to significantly drive the growth of the local market during the forecast period. The growing demand for calcium propionate in the food industry is a key factor driving the growth of the European calcium propionate market. Increasing health concerns among consumers regarding healthy food consumption are expected to create growth opportunities in the calcium propionate market. Calcium propionate is used as an antifungal agent and is expected to become more and more popular in the future because it enriches the nutritional value of food.
Increasing demand for natural food preservatives is likely to hamper the regional market. The application of strict government regulations on the production of synthetic food preservatives is also estimated to have a negative impact on the market for calcium propionate. Also, the availability of alternatives such as sodium propionate is another factor impeding the growth of the global market. Despite people's busy lives, health awareness is increasing, going from preserved to fresh. This trend hinders the widespread adoption of preservatives and food additives, hampering the growth of the European calcium propionate market.
The COVID-19 pandemic had an immense impact on the calcium propionate market owing to the shutdown of manufacturing facilities and bakeries. This epidemic disrupted mass production and supply chains, also affecting the economy. This coronavirus has increased the demand for bakery products in the domestic sector, as it attracted the internal bakers of the people. This drives the demand for bread and cookies.
By Application, the market for calcium propionate is segmented into bakery products, fish and seafood products, dairy and frozen desserts, and meat. Calcium propionate is widely used in bread in the food industry. The growth of the bread industry is driving demand for calcium propionate, especially in developing countries due to the high per capita consumption of bread.
Geographically the Europe Calcium Propionate Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. The European calcium propionate market is expected to grow at a significant rate due to the maturity of the end-user industry and increased spending on processed foods driven by lifestyle changes. The market is growing with the increasing demand for calcium propionate in countries such as the UK, France and Italy. This increase in demand is due to the high rate of daily consumption of prepared food by the working class. The demand for calcium propionate is high due to the use of calcium propionate in a variety of applications where previously banned antibiotics have been used.
Key Players in the Market:
Major Key Players in the Europe Calcium Propionate Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Calcium Propionate Market, By Application
6.1.2 Meat & Processed Meat
6.1.5 Processed Food
6.1.6 Market Size Estimations & Forecasts (2021-2026)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Europe - Market Analysis (2021-2026)
7.2.1 By Country
220.127.116.11 Rest of Europe
7.2.2 By Application
8. Key Player Analysis
8.1 Niacet Corporation
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Addcon GmbH
8.3 AB Mauri
8.4 Macco Organiques Inc
8.5 Perstorp Holdings AB
8.7 Krishna Chemicals
8.8 A.M. Food Chemicals Co Limited
8.9 Impextraco NV
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures