Calcium Propionate Market Growth Factors, Business Developments and Competitive Landscape Outlook 2023 to 2032
The Brainy Insights, the global market research provider, has released its
latest study on the calcium propionate market, and the results indicate
significant growth in the sector.
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Calcium Propionate Growth The analysis of recent industry trends has
indicated a positive outlook for the market in the coming years. It is expected
to reach USD 0.48 Billion by 2030, with a CAGR of 5.1% from 2022 to 2030. The
main drivers of this growth are the increasing consumer demand for clean-label
food products with extended shelf life, as well as the cost-effectiveness of
calcium propionate as an additive. “The demand for calcium propionate has been
increasing owing to the increasing demand for clean-label food products with
extended shelf life,” said Avinash D, a research analyst at Brainy Insights.
“Furthermore, the cost-effectiveness of calcium propionate also propels the
market's growth.” Californian-based companies are leading the charge in the
calcium propionate industry due to their aggressive investments in technologies
such as nanotechnology and biotechnology, which will provide new opportunities
for calcium propionate production and application. The market is expected to be
predominantly concentrated in the North American region, as many of the
industry’s key players are based there and will continue to drive the market’s
growth in the foreseeable future. Additionally, the Asia-Pacific region is
expected to witness the fastest growth in the calcium propionate market, owing
to the rise in food-processing industries in developing countries such as
India, China, and Thailand.
The market for calcium propionate is expected to reach USD 0.48 Billion by
2030, with North America and the Asia-Pacific region driving the market's
growth due to their aggressive investments in technologies and rising
food-processing industries, respectively.
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Avinash D
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