Sodium Propionate Market to Hit US$ 247.1 Million by 2034 with a 3.9% Annual Growth Rate | Fact.MR
Articolo Precedente
Articolo Successivo
Sodium propionate is used significantly as unsaturated fat in pharmaceutical and preservative industries. High solvency and microbial movement make it ideal for use as a food additive. Increasing demand for processed food products is pushing the use of sodium propionate in packaged and processed meals, which are exhibiting high demand due to the busy lifestyle of more people in today's world. The flourishing processed food sector, including dairy products, poultry, pork, and baked goods, accounts for the high demand for sodium propionate as a popular preservative and for extending product shelf life.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9044
Key Takeaway from Sodium Propionate Market Study:
"Constant advancements in product formulations and food processing techniques are creating opportunities for manufacturers of sodium propionate and helping them offer more effective products," says a Fact.MR analyst.
Leading Players Driving Innovation in the Sodium Propionate Market
Key players in the sodium propionate industry are Prathista Industries Ltd.; Jainex Specialty Chemicals; Fine Organic Industries Private Limited; Dr. Paul Lohmann GmbH KG; Krishna Chemicals; Macco Organiques Inc.; Titan Biotech Ltd.; Foodchem International Corporation; Sigma-Aldrich, Inc.; Tengzhou Tenglong Chemical Co. Ltd.; Paul Lohmann GmbH KG; Rishi Chemicals Work Pvt. Ltd.; Toronto Research Chemicals Inc.; Niacet Corporation; Titan Biotech Limited.
High Consumption of Convenience and Packaged Food Products in the United States
Demand for sodium propionate in the United States is projected to increase at a CAGR of 4.3% and reach a value of US$ 27.4 million by the end of 2034. More consumers in the country are opting for convenience and packaged food products due to their hectic lifestyles. Therefore, with growing demand for convenience food products, a positive impact on the sales of sodium propionate is also witnessed for their features of preserving food products without any compromise with the texture or taste.
Sodium Propionate Industry News:
Macco Organiques is one of the leading producers of sodium propionate in Canada. In February 2022, the company signed an agreement with Kraft Heinz, a prominent food manufacturer in the United States, to expand its footprint in the country.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9044
Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Grade:
Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form
Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Function
Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End-use Industry
Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel
More Valuable Insights:
Fact.MR, in its new offering, presents an unbiased analysis of the sodium propionate market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on grade (food-grade, pharmaceutical-grade), form (powder, liquid, granules), end-use industry (pharmaceuticals, food & beverages, agriculture, cosmetics & personal care), function (preservatives, pH regulators, flavor enhancers, mold inhibitors, antimicrobial agents), and distribution channel (B2B channels, B2C channels), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
Checkout More Related Studies Published by Fact.MR Research:
Liquid Sodium Silicate Market has been projected at a value of US$ 3.65 billion for 2024 and is forecasted to reach a size of US$ 5.78 billion by the end of 2034. The market is projected to expand at a CAGR of 4.3% from 2024 to 2034.
Low Sodium Salt Market is set to reach a valuation of US$ 186.3 million in 2023 and further expand at a CAGR of 5.3% to reach US$ 312.3 million by the end of 2033.
Sodium Alginate sales are projected to reach US$ 215 million in 2024. The market has been studied to climb to a value of US$ 312.1 million by the end of 2034, expanding at a CAGR of 3.8% over the forecast period (2024 to 2034).
Sodium Amide Market stands at US$ 723 million in 2023. Worldwide demand for sodium amide is forecasted to increase at a CAGR of 6.8% and reach a market value of US$ 1.4 billion by 2033.
Sodium Chlorite Market Size, Share & Forecast Analysis, By Application (Disinfectants, Antimicrobial Agents, Bleaching Agents, and Other Applications), By End-Use, (Water Treatment, Paper, Textile, Medical and Other End-Uses), and By Region - Global Market Insights 2022 to 2032.
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.
With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
Contact:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team: [email protected]
Follow Us: LinkedIn | Twitter | Blog
View original content:https://www.prnewswire.co.uk/news-releases/sodium-propionate-market-to-hit-us-247-1-million-by-2034-with-a-3-9-annual-growth-rate--factmr-302208713.html
![](https://rt.prnewswire.com/rt.gif?NewsItemId=EN71381&Transmission_Id=202407301015PR_NEWS_EURO_ND__EN71381&DateId=20240730)