(Food-Beverage-News.Com, September 08, 2017 ) According to the report North America Calcium Propionate Market by Application (Bakery, Meat & Processed Meat, Dairy, Feed, Processed Food, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021) published by Market Data Forecast, the North America Calcium Propionate Market is expected to reach USD 116.87 million by 2021 from USD 89.38 million in 2016, growing at a CAGR of 5.51%.
The Calcium Propionate market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the rise in awareness about feed as well as food safety and also the shelf life stability of feed additives, leading to an increase in demand for calcium propionate.
Calcium Propionate is a chemical compound which is used as preservative for baked goods. Calcium Propionate belongs to the antimicrobial category of preservatives. It has a variety of uses such as ensuring food and feed safety, improving the shelf life of feed and additives, and more.
Growing awareness regarding food preservation has led to a rapid growth in the market over recent years. Apart from this, other factors responsible for market growth include, cost effective solution to food safety, high investments in R&D recently, wide range of functions in product lines. Further, there are same factors which act as restraints. These include peoples increase in availability of preservatives free food products and demand for all natural product.
The North America Calcium Propionate market is segmented by application and geography. The market segmentation based on application is done into processed food, dairy, bakery, feed, meat and others. Among these segments, bakery accounts for the largest share in the market, due to high rate of consumption of bakery products. On the basis of geography, the North America market is analysed under various regions namely United States and Canada. North America dominates the market share on the bases of geography, with a market share of almost 35%.
Some of the leading players of the market are: Addcon Gmbh A.M. Food Chemicals Co. Ltd. Impextraco Nv Fine Organics Kemira Oyj Krishna Chemicals Niacet Corporation Macco Organiques Inc. Perstorp Holding Ab
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact: Abhishek Shukla International Business Development Manager Market Data Forecast Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
