A recently published report titled “Global Calcium Propionate Market” is an extensive study by Reports and Data of the Calcium Propionate industry and includes a study of several factors that impact the growth of the market.
According to the current analysis of Reports and Data, the global Calcium Propionate Market was reported the value of USD 273.6 Million in 2018 and is expected to reach USD 426.2 Million by the end of the year 2026, at a CAGR of 5.7%. Calcium Propionate is added to different food products, as it helps to keep the food fresh by protecting it from mold and bacteria. It is produced with the process of fermentation of bacteria. Calcium Propionate acts as an antimicrobial agent. It helps to vanish microorganisms such as bacteria, algae, viruses, and fungi. Therefore, the calcium propionate is considered as the most ideal product used as a preservative in the bakery. Also, Calcium Propionate is utilized as a feed supplement to increase the shelf life of food products.
Market Size – USD 273.6 Million in 2018, Market Growth – CAGR of 5.7%, Market Trends – Current usage and research for development of alternatives
The packaging sector has been attempting to gain momentum in the past couple of years on the back of the massive boom of the e-commerce industry. The market growth will be credited to the e-commerce transport and shipment, personal care, household, food and beverage, and healthcare sectors for convenience packaging.
These aspects have pushed leading players to dedicate their resources towards new packaging designs or to reinvent existing packaging designs to accommodate higher convenience and manageability, which will drive the global Calcium Propionate market growth. The vintage packaging sector is also experiencing high demand, and even though it targets a limited consumer base, it is expected to grow at a rapid pace in the coming years.
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Top Companies Profiled in the Report:
Niacet Corporation, Addcon, Impextraco, Macco Organiques, Perstorp Holdings AB, Kemira Oyj, A.M. Food Chemicals Co. Ltd., Eastman Chemical Company, and Fine Chemicals.
Key market trends:
The increasing prevalence of biodegradable plastics promises to be a popular trend dominating the industry in the forecast years. The growing environmental awareness and the stringent government-imposed regulations for governing the consumption of plastics are pushing the overall industry towards the use of biodegradable packaging.
Another major packaging market trend that is speedily gaining momentum is the introduction of innovative lightweight glass packaging aimed at improving end-user usability and waste reduction. These packaging designs offer recyclability, easy transportability, and cost-effectiveness, which has urged manufacturers to produce water-resistant and eco-friendly corrugated box packaging solutions.
Another significant packaging market trend quickly gaining momentum is the development of new lightweight glass packaging to improve end-user usability and reduce wastage. These packaging designs are recyclable, economical, and easy-to-transport, urging manufacturers to produce water-resistant, eco-friendly, and smart corrugated packaging technology.
To know more about the report @ https://www.reportsanddata.com/report-detail/calcium-propionate-market
Global Calcium Propionate Market Segmentation:
Form (Volume in Kilo Tons; Revenue in USD Million; 2016–2026)
Meat & Seafood
Live Stock Feed
Regional Analysis covers:
Middle East & Africa
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Reasons for Purchasing the Global Calcium Propionate Market Report:
The report gives a detailed description of different market elements and the changing competitive landscape, helping the reader gain a competitive edge.
It also takes a holistic approach to give a 360° view of the industry, listing the drivers and restraints existing in the market.
The Global Calcium Propionate Market intelligence report offers accurate market insights for a period of eight years, which have been derived after an in-depth evaluation of industry-wide data.
The data provided in the report is intended to help readers make business decisions to capitalize on the existing opportunities in the key market segments and sub-segments.
Thank you for reading our report. For customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer actionable insights into industry to help customers and investors understand the market dynamics and formulate strategic investment plans.
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