Report overview
Sodium Propionate is the sodium salt of propionic acid which has the chemical formula Na(C2H5COO). This white crystalline solid is deliquescent in moist air. Sodium propionate is an effective growth inhibitor of most molds and some bacteria. It is widely employed in bread and other bakery products to prevent mold and rope formation and to extend the normal shelf life.
This report aims to provide a comprehensive presentation of the global market for Food Grade Sodium Propionate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Sodium Propionate. This report contains market size and forecasts of Food Grade Sodium Propionate in global, including the following market information:
Global Food Grade Sodium Propionate Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Food Grade Sodium Propionate Market Sales, 2018-2023, 2024-2032, (Ton)
Global top five Food Grade Sodium Propionate companies in 2022 (%)
The global Food Grade Sodium Propionate market was valued at US$ 121.1 million in 2022 and is projected to reach US$ 163.7 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Americas is the largest Sodium Propionate market with about 39% market share. China is follower, accounting for about 24% market share.
The key players are Niacet, Macco Organiques, Prathista Industries, Fine Organics, Shandong Tongtaiweirun Chemical, Qingdao Jiutai Biotechnology, Tengzhou Zhongzheng Chemical, Tenglong Company, Qingdao Dawei Biological Engineering, Lianyungang Shuren Kechuang Food Additive, Shanghai Huamei Food Additives, ALCHEMY etc. Top 3 companies occupied about 57% market share.
We surveyed the Food Grade Sodium Propionate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Sodium Propionate Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Ton)
Global Food Grade Sodium Propionate Market Segment Percentages, by Type, 2022 (%)
Granular
Powder
Global Food Grade Sodium Propionate Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Ton)
Global Food Grade Sodium Propionate Market Segment Percentages, by Application, 2022 (%)
Bakery
Candy
Dairy
Others
Global Food Grade Sodium Propionate Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Ton)
Global Food Grade Sodium Propionate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Grade Sodium Propionate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food Grade Sodium Propionate revenues share in global market, 2022 (%)
Key companies Food Grade Sodium Propionate sales in global market, 2018-2023 (Estimated), (Ton)
Key companies Food Grade Sodium Propionate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Niacet
Macco Organiques
Prathista Industries
Fine Organics
Tenglong Company
Qingdao Dawei Biological Engineering
Weifang Union Biochemistry
Shandong Eton Food
Lianyungang Nuoxin Food Ingredient
Zhongzheng Biotechnology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Grade Sodium Propionate, market overview.
Chapter 2: Global Food Grade Sodium Propionate market size in revenue and volume.
Chapter 3: Detailed analysis of Food Grade Sodium Propionate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Grade Sodium Propionate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Food Grade Sodium Propionate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
