The Global Calcium Propionate Market accounted to 412.0 million in 2017 growing at a CAGR of 5.3% during the forecast period of 2019 to 2026.
Market Definition: Calcium Propionate Market
Calcium propionate is added as a preservative to increase the shelf life of the products. The rising consumption of packaged foods has resulted in increased usage of calcium propionate.
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Major Market Drivers & Restraints are as follows:
- Rising demand of processed and packaged foods
- Reduces the storage and material handling cost
- Stringent regulations
- Rising demand of natural, additive-free foods
Key Market Competitors: Calcium Propionate Market
Few of the major competitors are Addcon Gmbh, A.M. Food Chemicals Co. Ltd., Fine Organics, Impextraco Nv, Kemira Oyj, Krishna Chemicals, Macco Organiques Inc., Niacet Corporation, Perstorp Holding Ab, BASF SE, The Dow Chemical Company, Eastman Chemical Company, KEMIN Industries, Daicel, Hawkins, Triveni chemicals, Mubychem Group, U.K. Vet Chem., WBCIL among others.
The report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market.
To generate finest market research report, marketing management must be aware of the minds of their target markets, their feelings, their preferences, their attitudes, convictions and value systems with a formalised and managerial approach. The report studies general market conditions, estimates client company’s market share and possible sales volume, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product. A data triangulation method is used for this purpose which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.
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Market Segmentation: Calcium Propionate Market
- On the basis of application the calcium propionate market is segmented into bakery & confectionery, dairy products, meat & poultry products, feed, processed foods and others.
- On the basis of geography, calcium propionate market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The calcium propionate market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acidity regulators market for global, Europe, North America, Asia Pacific and South America.
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