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A00185 | Pages: 300 | Charts: 62 | Tables: 228 |
The global calcium propionate market was valued at $348.2 million in 2023, and is projected to reach $567.2 million by 2033, growing at a CAGR of 5% from 2024 to 2033.
Market Introduction and Definition
Calcium propionate, chemically known as calcium propanoate, is a calcium salt of propionic acid with the formula Ca(C₂H₅COO)₂. It is commonly used as a food preservative, particularly in baked goods, to inhibit mold and bacterial growth, extending shelf life. This white, crystalline powder is odorless and slightly deliquescent, meaning it can absorb moisture from the air. Its solubility in water is high, enhancing its effectiveness in various applications. Calcium propionate is also utilized in animal feed to prevent spoilage, thereby improving feed quality and safety.
In terms of chemical properties, calcium propionate is non-toxic and has a relatively low level of reactivity. It functions well within a pH range of 5.0 to 6.0, making it suitable for slightly acidic to neutral environments. In addition, it is stable under normal storage conditions and does not decompose easily. The compound is also recognized for its ability to act as an antimicrobial agent, particularly against molds and some bacteria, which makes it a valuable additive in preserving a wide range of food products.
Key Takeaways
Key Market Segments
Key Market Players