According to a new report by Univdatos Market Insights, the Calcium Propionate Market is expected to reach USD 490 Million in 2030 by growing at a CAGR of 5.62%. Calcium propionate is a food additive used as a preservative in various baked goods like bread, cakes, pastries, and processed meats. It helps prevent mold growth and extends the shelf life of these products by inhibiting the growth of certain types of bacteria and fungi. The market for calcium propionates is rapidly expanding due to the increasing prevalence of the increased utilization of calcium propionates in the food and pharma industry due to the rise in health concerns in the population. The calcium propionate market is growing at a tremendous rate owing to the higher demand for baked products. For instance, in 2020, AB Mauri launched a new line of calcium propionate products for use in bakery products. These products are designed to provide longer shelf life for bakery products and improve their overall quality. This market is being boosted due to multiple factors like the rise in the urban population, and increased expenditure in developing advanced calcium propionate products. For instance, in 2020, Macco Organiques Inc. launched a new line of calcium propionate products that are specifically designed for use in animal feed. These products are formulated to inhibit the growth of bacteria and mold in animal feed and improve the health of livestock.

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The report suggests that Rising Product Launches of Preservatives is one of the major factors driving the growth of the calcium propionate market during the forthcoming years. There have been many exciting technological advancements in preservatives in recent years. Here are some advantages of calcium propionate:

Mold Inhibition: Prevents mold growth in baked goods, extending their shelf life.

Bacterial Control: Inhibits bacterial growth, enhancing food safety.

Preservative: Maintains freshness, especially in bread and bakery products.

GRAS Status: Generally recognized as safe when used within recommended limits by regulatory bodies.

Multiple companies have introduced products in the calcium propionate market. Some of the most notable developments include:

Ø In March 2023, BioVeritas invented a clean-label mold inhibitor created through the BioVeritas Process. The BioVeritas calcium propionate cultured extract extended its shelf life by an average of nearly 30% compared to petrochemical-derived calcium propionate.

Ø In April 2022, Perstorp planned to have an additional capacity of roughly 70,000 tons/year for carboxylic acid production upstream. As a result, the company intends to significantly boost calcium propionate production capacity, which is currently located in Italy.

Ø In 2021, Perstorp Group announced that it was expanding its production capacity of Calcium Propionate at its facility in Perstorp, Sweden. The expansion was aimed at meeting the increasing demand for Calcium Propionate in the food and beverage industry.

Ø In 2020, Niacet Corporation announced that it was acquiring Kemira Oyj's food and pharma business, which includes Calcium Propionate. The acquisition was aimed at expanding Niacet's product offerings in the food and pharma industry.

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Conclusion

The global calcium propionate market is a rapidly growing field, with advancements in technology leading to improved outcomes for consumers. It is expected to continue to grow in the coming years. Overall, the global calcium propionate market represents a significant opportunity for preservative companies. With continued research and development, even more effective products will likely become available in the future, leading to improved outcomes for people.

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