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Food Grade Sodium Propionate-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Food Grade Sodium Propionate market size is expected to reach US$ 162.3 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Sodium Propionate in various end use industries. The expanding demands from the Bakery, Candy, Dairy and Others, are propelling Food Grade Sodium Propionate market. Granular, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Powder segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Sodium Propionate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Sodium Propionate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Sodium Propionate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Sodium Propionate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Sodium Propionate covered in this report include Niacet, Macco Organiques, Prathista Industries, Fine Organics, Tenglong Company, Qingdao Dawei Biological Engineering, Weifang Union Biochemistry, Shandong Eton Food and Lianyungang Nuoxin Food Ingredient, etc.
The global Food Grade Sodium Propionate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Food Grade Sodium Propionate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Sodium Propionate market, Segment by Type:
Granular
Powder
Global Food Grade Sodium Propionate market, by Application
Bakery
Candy
Dairy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Sodium Propionate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Sodium Propionate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Food Grade Sodium Propionate market size is expected to reach US$ 162.3 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Sodium Propionate in various end use industries. The expanding demands from the Bakery, Candy, Dairy and Others, are propelling Food Grade Sodium Propionate market. Granular, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Powder segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Sodium Propionate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Sodium Propionate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Sodium Propionate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Sodium Propionate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Sodium Propionate covered in this report include Niacet, Macco Organiques, Prathista Industries, Fine Organics, Tenglong Company, Qingdao Dawei Biological Engineering, Weifang Union Biochemistry, Shandong Eton Food and Lianyungang Nuoxin Food Ingredient, etc.
The global Food Grade Sodium Propionate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Food Grade Sodium Propionate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Sodium Propionate market, Segment by Type:
Granular
Powder
Global Food Grade Sodium Propionate market, by Application
Bakery
Candy
Dairy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Sodium Propionate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Sodium Propionate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Food Grade Sodium Propionate Market Overview
1.1 Food Grade Sodium Propionate Product Overview
1.2 Food Grade Sodium Propionate Market Segment by Type
1.2.1 Granular
1.2.2 Powder
1.3 Global Food Grade Sodium Propionate Market Size by Type
1.3.1 Global Food Grade Sodium Propionate Market Size Overview by Type (2018-2029)
1.3.2 Global Food Grade Sodium Propionate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Food Grade Sodium Propionate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Food Grade Sodium Propionate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Food Grade Sodium Propionate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Food Grade Sodium Propionate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Food Grade Sodium Propionate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Food Grade Sodium Propionate Sales Breakdown by Type (2018-2023)
2 Global Food Grade Sodium Propionate Market Competition by Company
2.1 Global Top Players by Food Grade Sodium Propionate Sales (2018-2023)
2.2 Global Top Players by Food Grade Sodium Propionate Revenue (2018-2023)
2.3 Global Top Players by Food Grade Sodium Propionate Price (2018-2023)
2.4 Global Top Manufacturers Food Grade Sodium Propionate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Food Grade Sodium Propionate Market Competitive Situation and Trends
2.5.1 Food Grade Sodium Propionate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Food Grade Sodium Propionate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Food Grade Sodium Propionate as of 2022)
2.7 Date of Key Manufacturers Enter into Food Grade Sodium Propionate Market
2.8 Key Manufacturers Food Grade Sodium Propionate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Food Grade Sodium Propionate Status and Outlook by Region
3.1 Global Food Grade Sodium Propionate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Food Grade Sodium Propionate Historic Market Size by Region
3.2.1 Global Food Grade Sodium Propionate Sales in Volume by Region (2018-2023)
3.2.2 Global Food Grade Sodium Propionate Sales in Value by Region (2018-2023)
3.2.3 Global Food Grade Sodium Propionate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Food Grade Sodium Propionate Forecasted Market Size by Region
3.3.1 Global Food Grade Sodium Propionate Sales in Volume by Region (2024-2029)
3.3.2 Global Food Grade Sodium Propionate Sales in Value by Region (2024-2029)
3.3.3 Global Food Grade Sodium Propionate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Food Grade Sodium Propionate by Application
4.1 Food Grade Sodium Propionate Market Segment by Application
4.1.1 Bakery
4.1.2 Candy
4.1.3 Dairy
4.1.4 Others
4.2 Global Food Grade Sodium Propionate Market Size by Application
4.2.1 Global Food Grade Sodium Propionate Market Size Overview by Application (2018-2029)
4.2.2 Global Food Grade Sodium Propionate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Food Grade Sodium Propionate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Food Grade Sodium Propionate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Food Grade Sodium Propionate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Food Grade Sodium Propionate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Food Grade Sodium Propionate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Food Grade Sodium Propionate Sales Breakdown by Application (2018-2023)
5 North America Food Grade Sodium Propionate by Country
5.1 North America Food Grade Sodium Propionate Historic Market Size by Country
5.1.1 North America Food Grade Sodium Propionate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Food Grade Sodium Propionate Sales in Volume by Country (2018-2023)
5.1.3 North America Food Grade Sodium Propionate Sales in Value by Country (2018-2023)
5.2 North America Food Grade Sodium Propionate Forecasted Market Size by Country
5.2.1 North America Food Grade Sodium Propionate Sales in Volume by Country (2024-2029)
5.2.2 North America Food Grade Sodium Propionate Sales in Value by Country (2024-2029)
6 Europe Food Grade Sodium Propionate by Country
6.1 Europe Food Grade Sodium Propionate Historic Market Size by Country
6.1.1 Europe Food Grade Sodium Propionate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Food Grade Sodium Propionate Sales in Volume by Country (2018-2023)
6.1.3 Europe Food Grade Sodium Propionate Sales in Value by Country (2018-2023)
6.2 Europe Food Grade Sodium Propionate Forecasted Market Size by Country
6.2.1 Europe Food Grade Sodium Propionate Sales in Volume by Country (2024-2029)
6.2.2 Europe Food Grade Sodium Propionate Sales in Value by Country (2024-2029)
7 Asia-Pacific Food Grade Sodium Propionate by Region
7.1 Asia-Pacific Food Grade Sodium Propionate Historic Market Size by Region
7.1.1 Asia-Pacific Food Grade Sodium Propionate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Food Grade Sodium Propionate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Food Grade Sodium Propionate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Food Grade Sodium Propionate Forecasted Market Size by Region
7.2.1 Asia-Pacific Food Grade Sodium Propionate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Food Grade Sodium Propionate Sales in Value by Region (2024-2029)
8 Latin America Food Grade Sodium Propionate by Country
8.1 Latin America Food Grade Sodium Propionate Historic Market Size by Country
8.1.1 Latin America Food Grade Sodium Propionate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Food Grade Sodium Propionate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Food Grade Sodium Propionate Sales in Value by Country (2018-2023)
8.2 Latin America Food Grade Sodium Propionate Forecasted Market Size by Country
8.2.1 Latin America Food Grade Sodium Propionate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Food Grade Sodium Propionate Sales in Value by Country (2024-2029)
9 Middle East and Africa Food Grade Sodium Propionate by Country
9.1 Middle East and Africa Food Grade Sodium Propionate Historic Market Size by Country
9.1.1 Middle East and Africa Food Grade Sodium Propionate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Food Grade Sodium Propionate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Food Grade Sodium Propionate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Food Grade Sodium Propionate Forecasted Market Size by Country
9.2.1 Middle East and Africa Food Grade Sodium Propionate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Food Grade Sodium Propionate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Niacet
10.1.1 Niacet Company Information
10.1.2 Niacet Introduction and Business Overview
10.1.3 Niacet Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Niacet Food Grade Sodium Propionate Products Offered
10.1.5 Niacet Recent Development
10.2 Macco Organiques
10.2.1 Macco Organiques Company Information
10.2.2 Macco Organiques Introduction and Business Overview
10.2.3 Macco Organiques Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Macco Organiques Food Grade Sodium Propionate Products Offered
10.2.5 Macco Organiques Recent Development
10.3 Prathista Industries
10.3.1 Prathista Industries Company Information
10.3.2 Prathista Industries Introduction and Business Overview
10.3.3 Prathista Industries Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Prathista Industries Food Grade Sodium Propionate Products Offered
10.3.5 Prathista Industries Recent Development
10.4 Fine Organics
10.4.1 Fine Organics Company Information
10.4.2 Fine Organics Introduction and Business Overview
10.4.3 Fine Organics Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fine Organics Food Grade Sodium Propionate Products Offered
10.4.5 Fine Organics Recent Development
10.5 Tenglong Company
10.5.1 Tenglong Company Company Information
10.5.2 Tenglong Company Introduction and Business Overview
10.5.3 Tenglong Company Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Tenglong Company Food Grade Sodium Propionate Products Offered
10.5.5 Tenglong Company Recent Development
10.6 Qingdao Dawei Biological Engineering
10.6.1 Qingdao Dawei Biological Engineering Company Information
10.6.2 Qingdao Dawei Biological Engineering Introduction and Business Overview
10.6.3 Qingdao Dawei Biological Engineering Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Qingdao Dawei Biological Engineering Food Grade Sodium Propionate Products Offered
10.6.5 Qingdao Dawei Biological Engineering Recent Development
10.7 Weifang Union Biochemistry
10.7.1 Weifang Union Biochemistry Company Information
10.7.2 Weifang Union Biochemistry Introduction and Business Overview
10.7.3 Weifang Union Biochemistry Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Weifang Union Biochemistry Food Grade Sodium Propionate Products Offered
10.7.5 Weifang Union Biochemistry Recent Development
10.8 Shandong Eton Food
10.8.1 Shandong Eton Food Company Information
10.8.2 Shandong Eton Food Introduction and Business Overview
10.8.3 Shandong Eton Food Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Shandong Eton Food Food Grade Sodium Propionate Products Offered
10.8.5 Shandong Eton Food Recent Development
10.9 Lianyungang Nuoxin Food Ingredient
10.9.1 Lianyungang Nuoxin Food Ingredient Company Information
10.9.2 Lianyungang Nuoxin Food Ingredient Introduction and Business Overview
10.9.3 Lianyungang Nuoxin Food Ingredient Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Lianyungang Nuoxin Food Ingredient Food Grade Sodium Propionate Products Offered
10.9.5 Lianyungang Nuoxin Food Ingredient Recent Development
10.10 Zhongzheng Biotechnology
10.10.1 Zhongzheng Biotechnology Company Information
10.10.2 Zhongzheng Biotechnology Introduction and Business Overview
10.10.3 Zhongzheng Biotechnology Food Grade Sodium Propionate Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhongzheng Biotechnology Food Grade Sodium Propionate Products Offered
10.10.5 Zhongzheng Biotechnology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Food Grade Sodium Propionate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Food Grade Sodium Propionate Industrial Chain Analysis
11.4 Food Grade Sodium Propionate Market Dynamics
11.4.1 Food Grade Sodium Propionate Industry Trends
11.4.2 Food Grade Sodium Propionate Market Drivers
11.4.3 Food Grade Sodium Propionate Market Challenges
11.4.4 Food Grade Sodium Propionate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Food Grade Sodium Propionate Distributors
12.3 Food Grade Sodium Propionate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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