Published On: December 2022
Consumers have become more aware of the value of health in recent years. With the increased demand for nutritional products, the market for calcium propionate is expected to rise at an unprecedented rate. Consumers' growing preference for natural and organic foods over artificial ones has increased the need for calcium propionate. Due to its safety for consumption, calcium propionate has been employed as a natural component in the food sector.
The food business also uses cutting-edge technology like MAP, bacteriophages, and numerous preservation methods to maintain the quality and safety of food. Additionally, calcium propionate is utilized as animal feed. According to the calcium propionate market outlook, the calcium propionate market is expanding due to the substance's growing use as a food preservative. Calcium propionate is inexpensive despite its many uses compared to other options like sorbates, sulfites, etc. These factors contribute to the exponential rise of the calcium propionate market.
The demand for calcium propionate is increasing exponentially due to its unique uses in baked goods, dairy products, and feed, among other things. Since it is more affordable than other food additives, calcium propionate (also known as E282), a form of organic salt, is vital in extending numerous food products' shelf-life. People's rising health concerns and evolving lifestyles are driving the expansion of the calcium propionate market.
The calcium propionate market share is expected to be worth USD 536.97 million by 2028, growing at a CAGR of 5.78% over the forecast period per the calcium propionate market analysis.
Increase in the Vegan Population's Use of Calcium Propionate
As a result of its high calcium concentration, calcium propionate helps food products retain their nutritious value in addition to helping to preserve food. With veganism and plant-based diets gaining popularity, customers are gravitating toward eating vegan dishes, further encouraging the use of calcium propionate since it is seen as a vegan ingredient. For instance, Swiss cheese contains up to 1% of the natural calcium propionic acid. Similarly, commercial calcium propionate is manufactured, making it suitable for vegans and used in various ways.
Another interesting aspect results in the adoption of calcium propionate among cattle farmers. Global demand for animal feed has expanded because of the expanding livestock industry, which is thought to be a positive element in the calcium propionate market expansion. Calcium propionate aids in boosting the nutritious value of the feed while halting the growth of mold. Calcium propionate may be added directly to cow feed and considerably aids in reducing milk fever and other infections in transition cows.
Calcium propionate increases the feed's digestibility, which improves feed efficiency for cattle ranchers. It serves as an additional supply of essential minerals and calcium and is thought to be a substance rich in energy for better gains in animal health. According to the calcium propionate market analysis, the Asia-Pacific region, with India accounting for 12% of the worldwide calcium propionate market share, and Brazil were the regions with the highest livestock, according to the Food and Agriculture Organization (FAO).
Calcium Propionate is used in bread, heated natural products, handled meat, and many other dairy products. It functions as an antimicrobial specialist to eradicate germs, including diseases, bacteria, green growth, and organisms. As a result, people are becoming more interested in the calcium propionate market. Farmers are advised to use calcium propionate as a dietary supplement for animals.
The COVID-19 outbreak has shaken the financial industry and exacerbated governmental spending cuts. Curfews (or other restrictions like check-in times) were common for many people, and there were substantial challenges to individual lives. Numerous people worldwide were experiencing the indirect effects of fear in addition to the immediate disasters of sickness and death. The COVID flare-up had a big impact on consumer usage tendencies. They were unlikely to buy meat products that were being dragged across borders while there were lockdowns. Inevitably, this influenced the indicators of the calcium propionate market development.
Kemin Industries and Zhuyi Mall signed a strategic cooperation agreement in January 2021 to establish an online marketplace for animal and health nutrition firms in China.