Forecast and Analysis of Sodium Propionate Market Size
Sodium propionate is a salt of sodium hydroxide & propionic acid. Sodium propionate is used to lessen the possibility of mildew & aerobic sporulating bacterial development in feeds. It maintains the nutritive price & elongates the period in which feed merchandise may be used. Consequently, expanding the shelf lifestyles of animal feed.
Sodium propionate – unstable small, excessive temperature, animal version, and appropriate for an expansion of animal feed use. It is extra effective in an acidic surrounding. Feeds and feed ingredients are typically barely acidic (ph 6. Zero or less), which facilitates this regard.
Sodium propionate is a salt of propionic acid, well known for its anti-mold hobby. Sodium propionate is categorized as grass by the u.S. Fda is used for numerous applications, globally. The benefit of availability and economic charge factor, coupled with the efficacy of sodium propionate, has popularized its use in multiple segments.
Based on application, the sodium propionate marketplace is segmented as bakery products, meat, and meat products, cheese & cheese products, prescribed drugs, private care and agrochemicals, and others.
In terms of quantity, the bakery products segment constitutes a miles large proportion of the sodium propionate marketplace than every other section. The elevated consistent with capita expenditure on meals, due to the rise in disposable earnings in more than one developing international location, is surging the call for sodium propionate.
Purchaser demand is targeted at the satisfaction and longevity of the goods that they buy. Therefore, artificial grass preservatives have to grow to be a fundamental part of the bakery enterprise. Sodium propionate, being identified as grass by way of the FDA, and being an economically possible and safe alternative for all manufacturers, has come to be the pass-to preservative for bakery merchandise. Moreover, the call for bakery products has been on a constant upward thrust from matured markets such as north us and Europe as nicely. Sodium propionate is a vital thing of current bakery merchandise.
The developing call for sodium propionate within the agricultural and animal feed segment is fueled by the growing focus among the rural network for sustainable grain series and preservation techniques.
The growth inside the call for sodium propionate in agrochemicals is likewise enormously attributed to the growing demand for great animal and meat merchandise. Public attention to the ethical manufacturing of animal merchandise has surged the call for remarkable animal feed and feed components along with sodium propionate.
In terms of value, the worldwide sodium propionate market is predicted to symbolize an incremental possibility of 15.88 mn via 2026 give up. By means of software, the bakery products section is predicted to check in a cagr of 3. Eight % in the sodium propionate market. The middle east & Africa location is predicted to sign an especially low boom within the sodium propionate market, due to the low incidence of processed meals.
Based on the vicinity, the market in the North us is anticipated to dominate the worldwide sodium propionate marketplace thru 2026. North America is anticipated to benefit massive marketplace share in sales phrases through 2026 cease. Furthermore, the u.S. Is projected to exhibit a vast cagr at some point of the forecast period inside the sodium propionate market.
The listing of top key players within the sodium propionate marketplace record are:
● macco organiques
● prathista industries
● quality organics
● shandong tongtaiweirun chemical
● qingdao jiutai biotechnology
● tengzhou zhongzheng chemical
● tenglong corporation
● qingdao dawei organic engineering
● lianyungang shuren kechuang food additive
● shanghai huamei meals components
The worldwide sodium propionate market is valued at 107.2 million USD in 2020 and is expected to attain 147. Four million USD through the stop of 2026, developing at a cagr of 4.6% from 2022-to 2026.