Calcium Propionate Market – Industry Trends and Forecast to 2027
Calcium propionate market is
expected to gain market growth in the forecast period of 2020 to 2027. Data
Bridge Market Research analyses that the market is growing with a CAGR of 5.8%
in the forecast period of 2020 to 2027 and expected to reach USD 472,150.53
Thousand by 2027.
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Global Calcium Propionate Market
Scope and Market Size
·
On the basis of type, the calcium propionate market is segmented
into encapsulated and non-encapsulated. In 2020, the encapsulated segment is
dominating the market due to wider consumer preference of encapsulated
preservatives in the packed food to increase their shelf life.
·
On the basis of source, the calcium propionate market is
segmented into natural and synthetic. In 2020, the natural segment is
dominating the market growth due to the wider availability of raw materials and
rising aging population that prefers natural products in their cosmetics to
avoid any skin irritation and allergies in the region.
·
On the basis of form, the calcium propionate market is segmented
into powdered and liquid. In 2020, the powdered segment is dominating
the market growth due to the high population that prefers junk food as well as
packaged food as the powder preservatives are widely used in food products to
increase product shelf life.
·
On the basis of grade, the calcium propionate market is
segmented into food grade, feed grade, pharma grade, and industrial
grade/technical grade. In 2020, food grade segment is dominating the market
growth as the high population that preferred junk as well as packaged food on a
wider quantity which required preservatives to increase the product shelf life.
·
On the basis of application, the calcium propionate market is
segmented into food & beverages, feed, pharmaceuticals, and others. In
2020, food & beverages application is dominating the market
growth due to the wider consumer demand for packed food and ready to eat food
which requires preservatives to increase product durability and also the
increasing demand for liquid food products such as juices, drinks that widely
use preservatives to increase the product shelf life and prevent the microbial
contamination of the products.
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