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Sodium Propionate Market

Sodium Propionate Market<br>

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Sodium Propionate Market

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. SODIUM PROPIONATE MARKET ANALYSIS Sodium Propionate Market, By Application (Food (Baked Products (Tortillas, Bread & Buns, Cakes & Pies, Pastries & Donuts, Others), Meat & Poultry (Freshly processed meat products, Cured meat products, Raw and pre-cooked cooked products, Raw (dry) fermented sausages, Dried meat), Cheese & Cheese Products (Processed & American style cheese, Soft and semi-soft cheese, Firm and hard cheese, Blue cheese, Others)), Pharmaceuticals, Agriculture & Animal Feed, Cosmetics, Others) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. Market Overview The global sodium propionate market is projected to reach around US$ 61,268.1 thousand by the end of 2027, in terms of revenue, growing at CAGR of 5.4% during the forecast period (2020-2027). Market Dynamics Drivers • Growing demand for animal feed where sodium propionate is used as an additive is expected to accelerate the market growth of sodium propionate over the forecast period. Sodium propionate is used as an antimicrobial agent in the animal farming industry. Increased in the production of meat, milk, and eggs are further expected to accelerate the market growth of the sodium propionate.  Thus, growth in animal feed industry is expected to drive the market growth of over the forecast period of sodium propionate.

  4. Figure 1. Global Sodium Propionate Market Share (%) in terms of Value, By Region, in 2019

  5. Market Dynamics Restraints • The decline in usage of sodium propionate in the processed food due to advised daily intake by USDA’s Dietary Guidelines for Americans is projected to hamper the market growth of sodium propionate over the forecast period.

  6. Market Opportunities • Rising demand for antimicrobial in convenience food such as pasta, ready-to-eat meat, and noodles is expected to accelerate the market growth of sodium propionate. Moreover, the growing demand for propionates as an antimicrobial in the grains is further expected to accelerate the market growth of sodium propionate over the forecast period.

  7. Figure 2. Global Sodium Propionate Market– Opportunity Analysis

  8. Market Trends • The growing use of sodium propionate from the cosmetic industry where sodium propionate is widely used in the manufacturing of cosmetic products such as lotions, creams, foams, ointments, and gels. The growth of the sodium propionate market is also attributed to growth in the cosmetic industry around the globe.

  9. Figure 3. Global Sodium Propionate Market Share (%) in terms of Value, By Product Type, in 2019

  10. Competitive Section • Company Names  • Prathista Industries Ltd • Fine Organic Industries Private Limited • Niacet Corporation • MaccoOrganiques Inc. • Foodchem International Corporation • TengzhouTenglong Chemical Co. Ltd. • Dr. Paul Lohmann GmbH KG .

  11. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/press-release/sodium-propionate-market-3070

  12. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  13. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  14. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates FacebookLinkedIn Twitter www.coherentmarketinsights.com

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