The global calcium propionate market size was around USD 341.63 million in 2022 and is anticipated to reach USD 534.54 million by 2031, accelerating at a CAGR of 5.1% during the forecast period, 2023–2031. The market growth is attributed to the rising customer demand for food & beverage products, impacted by the increasing global population and changing lifestyle of consumers globally.
Calcium propionate or calcium propanoate, also known as E282, is an organic salt primarily used as a food additive for various food & beverage items. It has the chemical formula, Ca(C2H5COO)2 that occurs due to a reaction between two compounds namely propionic acid and calcium hydroxide.
Calcium propanoate is also found naturally in food products such as butter and cheese. This organic salt is extensively used as a preservative in bakery items such as pastries, muffins, and bread as it helps in extending the shelf life of baked products.
The wide application of calcium propionate from food manufacturers is attributed to its high capabilities to prevent the reproduction and growth of microorganisms including bacteria, molds, and fungi in food items. Apart from baked goods, calcium propionate is widely used as an antimicrobial agent in a range of food products including dairy & frozen desserts, fish & seafood products, meats, and soft drinks.
Considering the imperative roles of antimicrobial agents and other superior advantages, calcium propionate is extensively used as a main component across industries including pharmaceuticals, personal care, and animal feed. Like other applications, calcium propanoate is used as a vital food additive in animal feed to minimize the formation of mold and bacteria in animal feed, which results in retaining the nutrition of the food for a longer period of time.
The additive compound also further helps in enhancing the shelf life of animal feed. In general, calcium comprises 21 grams in 100 grams of calcium propanoate. However, the food additive is easily dissolved in the digestive tract without leaving nutrition to help in cell development in the body.
Existing government regulations on calcium propionate safety concerns
In the 1930s, several food manufacturers, especially in the US began using calcium propionate in wide-scale commercial production of food items as it was found effective in inhibiting bacteria growth in bread.
With the massive commercial expansion of calcium propionate in food manufacturing, various international organizations including the World Health Organization (WHO), and the Food and Agriculture Organization (FAO) of the United Nations started testing the compound for examining the safety concerns of food products using calcium propionate.
In 1979 research conducted by a selected committee of the US Food and Drug Administration (FDA), calcium propionate was categorized as “generally recognized as safe” (GRAS) and approved for food production in the food & beverage industry.
Similarly, the European Food Safety Authority made an assessment of calcium propionate as a food preservative in 2014 declaring that no safety concerns or health risks were associated with the use of the additive.
Although the additive is accepted as a very low-risk food substance by WHO and FAO, the organizations have not yet properly established regulations about how much calcium propionate is considered to be safe or acceptable for daily intake. According to FDA, the use of 0.1-0.4% of calcium propionate is safe for food products and up to 1% for animal feed.
COVID-19 Impact
The market report finds that the COVID-19 pandemic adversely impacted the food & beverage industry due to the prolonged shutdown of bakery stores and offline stores selling beverage items. Labor shortage was one of the major factors hampering the food & beverage industry, which led to the shortfall in the production of food products to meet the demand of consumers globally during the pandemic.
Moreover, the plummeting demand for meats, soft drinks, and seafood products, considering potential health risks associated with the COVID-19 virus spread, had affected the overall revenue of the global calcium propionate market.
On contrary, the pandemic widened the demand for calcium propionate owing to the rising demand from manufacturers for the production of several essential items including dairy and personal care products. Calcium propionate is largely used as a key preservative agent in personal care products to maintain the pH level and prevent the components use from degrading in products.
With the sharp decline in global coronavirus cases, emergency lockdowns imposed by governments across the globe resulted in resuming normal operation of raw material supply and transport services. Thus, the reopening of offline bakery stores and food manufacturing factories is expected to accelerate the overall demand for calcium propionate in the near future.
Calcium Propionate Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global calcium propionate market report has up-to-date insights about market scenarios that can shape the overall market performance and output during the forecast period, 2023 to 2031.
Major Drivers:
Wide use of preservatives in food and beverage products
Increasing use of preservatives in the preparation of food products in the food & beverage industry presents a major factor boosting the global calcium propionate market. The issues related to mold and bacterial formation and development in food products are costly matters, especially in bakery product manufacturing.
Using food additives, food manufacturers can avoid the risk of microorganism growth in food and beverage products and preserve the natural nutritional quality of foods for a better and healthier way of consumer usage.
Growing demand for processed meats and animal feed
Growing demand for processed meats and ready-to-eat products such as pizzas, burgers, and hot dogs is another key driver of the market. The rising number of meat consumers globally, impacted by the increasing awareness of protein intake for various health benefits, pushes to accelerate the demand for processed meats.
Calcium propionate is an ideal preservative agent, which is widely used in meat processing to increase shelf life and retain original nutrition in meat products. Moreover, the rising adoption of pets and the rapid expansion of animal husbandry are key factors that drive the demand for animal feed.
Cost-effective food additive for nutrition preservation
Calcium propionate is an ideal food additive that offers a cost-effective solution for food preservation. Compared to alternative preservatives such as sorbic acid, sodium propionate, sodium benzoate, and sorbates; calcium propionate offers less cost in the operation of food preservation that also helps in retaining high-quality of nutrition. Increasing demand for cost-effective food additives in the food & beverage industry presents another main factor propelling the market.
Existing Restraints
Strict government regulations and health risks associated with the excessive use of chemical additives
Stringent government regulations toward the use of chemical additives in the food & beverage industry are major restraining factors hampering the market. To meet regulation compliance, food manufacturers had to find the right ingredient formulations and maintain the quality of food products by using preservatives.
Such strict government policies for food safety and quality maintenance are likely to impede the global market in the coming years. Although it is accepted as a GRAS food substance by various health-related organizations, however, the excessive consumption of calcium propionate in food products in daily intake is associated with certain health risks. Direct inhale of calcium propionate may cause respiratory and irritation issues.
Emerging Opportunities:
Technological advancements in preserving and fermentation techniques
Rapid development in technology in the food & beverage industry and the rising introduction of innovative preserving and fermentation techniques offer lucrative opportunities for the market. The wide introduction of advanced technologies including MAP, bacteriophages, and other fermentation techniques for better preservation and maintaining the good quality of foods is likely to spur the global market in the coming years.
The increasing use of calcium propionate in natural food preservatives especially bread and rolls is influenced by the fact that the food additive has little effect on yeast and its fermentation. With the help of advanced food preservation technologies and the use of calcium propionate, food and beverage products can be stored afresh for a longer period of time.
Scope of Calcium Propionate Market Report
The report on the global calcium propionate market includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Calcium Propionate Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Applications (Food & Beverages [Dairy & Frozen Desserts, Bakery Products, Fish & Seafood Products, Meats, and Soft Drinks], Pharmaceuticals, Personal Care, Animal Feed, and Others) and Forms (Dry and Liquid)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Niacet, A Kerry Company; Kemin Industries, Inc.; BELL CHEM CORP.; A.M FOOD CHEMICAL CO., LIMITED; Impextraco NV; Calpro Specialities; Macco Organiques Inc.; Perstorp Holding AB; Fine Organics; Puratos; ADDCON GmbH; Associated British Foods plc; and Henan Chemsino Industry Co., Ltd.
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Calcium Propionate Market Segment Insights
Food & beverages segment to expand at a significant growth rate
Based on applications, the global calcium propionate market is divided into food & beverages, pharmaceuticals, personal care, animal feed, and others. The food & beverages segment is further segmented into dairy & frozen desserts, bakery products, fish & seafood products, meats, and soft drinks.
The food & beverages segment held a dominant market share, representing more than 65% share of the total market revenue in 2021, and is expected to expand at a significant growth rate during the forecast period. The segment growth is attributed to the growing demand for calcium propionate in the food & beverage industry as the compound is widely used as a key ingredient for food preservation.
In baked goods and dairy products, the compound is extensively used in bread, cakes, cheeses, yogurt, and powdered milk. Some of the major beverage types that have wide applications of calcium propionate include alcohol drinks such as beers and wine, soft drinks, and sports drinks.
Moreover, the rising demand for processed meats including ham, hot dogs, and sausage as well as the increasing demand for fish & seafood products further boosts the segment.
The animal feed segment constituted a key market share in 2021 and is anticipated to exhibit a high CAGR during the forecast period owing to the rising activities of cattle rearing, impacted by the rising demand for meat and other end products including eggs and milk.
The growing meat consumption and the rising pet adoptions are key factors boosting the demand for animal feed. The segment growth is further attributed to the growing awareness among animal owners or farmers regarding organic animal feeds and various health benefits of animals for regular protein and other nutrition intakes.
Dry segment to register a considerable CAGR
On the basis of forms, the global market is bifurcated into dry and liquid.
The dry segment accounted for a major market share, which constituted a market revenue of more than USD 197 million in 2021 and is projected to register a considerable CAGR during the forecast period. The segment growth is largely attributed to the wide use of dry calcium propionate in a range of food preparation purposes as it helps develop longer shelf life of food products, especially bakery items.
Dry calcium propionate is easy for mixing and has better dispersion that helps in the effective preparation of various food and beverage items.
The liquid segment accounted for nearly 32% share of the global market revenue in 2021 and is projected to hold a sizeable market share during the forecast period owing to the increasing use of liquid-based calcium propionate in various food and beverage products.
Liquid calcium propionate is an effective antimicrobial agent widely used for mold growth control and prevention in products including liquid cosmetics, beverages, medicines, and shampoos. Owing to its effective capacity for inhibition of enzymatic and metabolic activity, liquid calcium propionate is widely used for commercially used food preservatives.
Europe to dominate the market
In terms of regions, the global calcium propionate market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
The market size of Asia Pacific was around USD 105 million in 2021 and is the fastest growing market. The market in Asia Pacific is expected to expand at a significant growth rate during the projected period owing to the rapid growth of the food processing market and the well-establishment of the chemical industry in the region.
Changing lifestyles and rising disposable income result in increased spending on ready-to-eat food & beverage items among a large pool of the consumer base in the region. Moreover, the presence of key global players in the region and the rapid growth of bakery manufacturing units along with the wide consumption of beverage items further help in the regional market growth.
The region also witnesses increasing meat consumption and rising R&D programs in the food industry from emerging economies such as India, Japan, China, New Zealand, and Australia. According to the OECD-FAO Agricultural Outlook, 2021-2030, the global meat supply is expected to reach 374 million metric tons by 2030 with China as the leading meat producer, which is followed by Brazil and the US.
Europe held more than 31% share of the global market in 2021 and is anticipated to dominate the market during the forecast period owing to the wide consumption of bakery items, especially bread as well as ready-to-eat products. The rising consumption of meat products, especially processed meats and organic food products in the region is widely influenced by the presence of a large health-conscious population.
Moreover, the wide practice of poultry and cattle rearing in major economies such as the UK, France, and Germany to cater to the overall meat demand from the rising population further boosts the regional market.
Meanwhile, the market in North America accounted for a key market share, holding over 21% in 2021, and is projected to exhibit a moderate CAGR during the forecast period due to rising meat production and agricultural products, especially in the US. The wide use of fungicides and pesticides in agricultural activities in the region further drives the regional market.
Segments
The global calcium propionate market has been segmented on the basis of
Applications
- Food & Beverages
- Dairy & Frozen Desserts
- Bakery Products
- Fish & Seafood Products
- Meats
- Soft Drinks
- Pharmaceuticals
- Personal Care
- Animal Feed
- Others
Forms
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Niacet, A Kerry Company
- Kemin Industries, Inc.
- BELL CHEM CORP.
- A.M FOOD CHEMICAL CO., LIMITED
- Impextraco NV
- Calpro Specialities
- Macco Organiques Inc.
- Perstorp Holding AB
- Fine Organics
- Puratos
- ADDCON GmbH
- Associated British Foods plc
- Henan Chemsino Industry Co., Ltd.
Competitive Landscape
Key players competing in the global calcium propionate market are Niacet, A Kerry Company; Kemin Industries, Inc.; BELL CHEM CORP.; A.M FOOD CHEMICAL CO., LIMITED; Impextraco NV; Calpro Specialities; Macco Organiques Inc.; Perstorp Holding AB; Fine Organics; Puratos; ADDCON GmbH; Associated British Foods plc; and Henan Chemsino Industry Co., Ltd.
Some of these major companies adopted various business development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share. For instance,
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On June 29, 2022, a US-based major food ingredient and nutrition supplier, Kemin Industries Inc. (Kemin) renewed its existing partnership with the United Nations World Food Programme (WFP) for five years. With the renewal of the partnership, Kemin aimed at fostering its assistance for food safety, quality, and technology service globally by improving nutrition in its food ingredients.
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On June 24, 2021, an Ireland-based public food manufacturing company, Kerry Group plc (Kerry) announced the acquisition of Hare Topco, Inc. trading as Niacet Corp. (“Niacet”). With a financial deal of USD 1,015 million, the acquisition was aimed at expanding Kerry’s portfolio of food products and preservation techniques to serve industries including bakery and pharmaceutical.
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