Middle East and Africa Calcium Propionate Market is estimated to reach USD 34.44 million by 2028 from a market value of USD 25.18 million in 2022 at a CAGR of 6.46%. The Calcium Propionate market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the increase in concerns regarding food and feed safety and stability of shelf life as well, thus there has been a rise in the demand of calcium propionate.
Market Overview:
Calcium Propionate is a chemical compound which is used as a preservative for baked goods. Calcium Propionate belongs to the antimicrobial category of preservatives. It has a variety of uses such as ensuring food and feed safety, improving the shelf life of feed and additives, and more.
Drivers and Restraints:
Growing awareness regarding food preservation has led to a rapid growth in the market over recent years. Apart from this, other factors responsible for market growth include wide range of functions in product lines, cost-effective solution to food safety, high investments in R&D recently. Further, there are same factors which act as restraints. These include an increase in availability of preservatives free food products and people’s demand for all natural products.
Middle East and Africa Calcium Propionate Market Segmentation Analysis:
The Middle East and Africa Calcium Propionate market is segmented based on the application as well as geography. The market is segmented on the basis of the type under bakery, dairy, meat, feed, processed food and others. The bakery segment holds the largest share in the market owing to the rise in consumption of baked products.
Region Analysis:
On the basis of geography, the Middle East & Africa market is analyzed under various regions namely the Middle East and Africa. Middle East & Africa is the fastest growing region in the mentioned forecast period.
Key Players in the Market:
Major key players in the MEA Calcium Propionate Market are
Addcon Gmbh, Fine Organics, Impextraco Nv, Perstorp Holding Ab, Kemira Oyj, Krishna Chemicals, A.M. Food Chemicals Co. Ltd., Macco Organiques Inc., Niacet Corporation.
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