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Sodium Propionate Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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    Report

  • April 2020
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5327950
Sodium propionate is a chemical compound that is hygroscopic in nature appears in a white or crystalline powder. It is widely used as preservative across the food industry for various baked food products. It is also produced in the body during the breakdown of certain fatty acids. Sodium propionate prevents the growth of the bacteria and molds on the baked food products, cheese products, and processed food products. Moreover, it is also used as a flavoring agent in food products such as soft drinks, meats, dairy products, and alcoholic drinks. Agriculture, meat, cosmetic, pharmaceuticals, and bakery are some of the major end-users of sodium propionate.

Market Dynamics

Increasing investment by major players in order to increase the production capacity of the sodium propionate and to meet the rising demand is expected to accelerate market growth. For instance, in November 2018, Symrise AG has opened a site for high-quality natural food ingredients in the US state of Georgia. The group invested €50 million in the facility, which follows high technological and sustainable standards. The plant will manufacture products for the business units Food Ingredients, Symrise Flavor and Pet Food.

Increasing adoption of high-end technologies among manufacturers to produce sodium propionate as per the requirement of customers in a different form is expected to accelerate market growth of sodium propionate. This allows importers and distributors to reduce the cost of the supply chain. Thus, the adoption of high-end technologies is expected to augment the market growth of Sodium propionate.

Rising awareness regarding the various side-effects associated with artificial additives is expected to restrict the use of sodium propionate. The consumer is becoming more informed regarding food labels and ingredients. Thus, this is expected to limit the use of sodium propionate thus hindering the market growth over the forecast period.

Key features of the study:
  • This report provides in-depth analysis of the global sodium propionate market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global sodium propionate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Prathista Industries Ltd, Fine Organic Industries Private Limited, Niacet Corporation, Macco Organiques Inc., Foodchem International Corporation, Tengzhou Tenglong Chemical Co. Ltd., and Dr. Paul Lohmann GmbH KG
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global sodium propionate market report caters to various stakeholders in this industry including investors, suppliers, sodium propionate manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the sodium propionate market

Detailed Segmentation:

Global 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

Global Sodium Propionate Market, By Region:
  • North America
  • By Country
  • U.S.
  • Canada
  • Latin America
  • By Country
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • By Country
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • By Country
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • By Country
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • By Country/Region
  • South Africa
  • Central Africa
  • North Africa

Company Profiles
  • Prathista Industries Ltd *
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Fine Organic Industries Private Limited
  • Niacet Corporation
  • Macco Organiques Inc.
  • Foodchem International Corporation
  • Tengzhou Tenglong Chemical Co. Ltd.
  • Dr. Paul Lohmann GmbH KG

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snippet, By Application
  • Market Snippet, By Region
  • Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Supply Side Drivers
  • Demand Side Drivers
  • Economic Drivers
  • Restraints
  • Market Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Mergers and Acquisitions
  • New Product Approvals/Launch
  • Promotion and Marketing Initiatives
  • Cost Tier Down Analysis

4. Global Sodium Propionate Market, By Application, 2017 - 2027 (US$ Thousand and Tons)
  • Introduction
  • Market Share Analysis, 2017 and 2027
  • Y-o-Y Growth Analysis, 2020 - 2027 (%)
  • Segment Trends
  • Food
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Thousand and Tons)
  • Sub-segment Trends
  • 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
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Thousand and Tons)
  • Agriculture & Animal Feed
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Thousand and Tons)
  • Cosmetics
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Thousand and Tons)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Thousand and Tons)

5. Global Sodium Propionate Market, By Region, 2017- 2027 (US$ Thousand and Tons)
  • Introduction
  • Market Share Analysis, By Region, 2017 and 2027
  • Y-o-Y Growth Analysis, By Region, 2020 - 2027 (%)
  • North America
  • Market Share Analysis, By Country, 2017 and 2027
  • Y-o-Y Growth Analysis, By Country, 2020 - 2027 (%)
  • U.S.
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Canada
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Europe
  • Market Share Analysis, By Country, 2017 and 2027
  • Y-o-Y Growth Analysis, By Country, 2020 - 2027 (%)
  • U.K.
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Germany
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • France
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Italy
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Spain
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Russia
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Rest of Europe
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Asia Pacific
  • Market Share Analysis, By Country, 2017 and 2027
  • Y-o-Y Growth Analysis, By Country, 2020 - 2027 (%)
  • China
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • India
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Japan
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • ASEAN
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Australia
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • South Korea
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Rest of Asia Pacific
  • Country Trends
Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Latin America
  • Market Share Analysis, By Country, 2017 and 2027
  • Y-o-Y Growth Analysis, By Country, 2020 - 2027 (%)
  • Brazil
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Mexico
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Argentina
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Rest of Latin America
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Middle East
  • Market Share Analysis, By Country, 2017 and 2027
  • Y-o-Y Growth Analysis, By Country, 2020 - 2027 (%)
  • GCC
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Israel
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Rest of Middle East
  • Country Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Africa
  • Market Share Analysis, By Sub-region, 2017 and 2027
  • Y-o-Y Growth Analysis, By Sub-region, 2020 - 2027 (%)
  • North Africa
  • Sub-region Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • Central Africa
  • Sub-region Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)
  • South Africa
  • Sub-region Trends
  • Market Size and Forecast, By Application, 2017- 2027 (US$ Thousand and Tons)

6. Competitive Landscape
  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
  • Prathista Industries Ltd
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Fine Organic Industries Private Limited
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Niacet Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Macco Organiques Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Foodchem International Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Tengzhou Tenglong Chemical Co. Ltd.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans
  • Dr. Paul Lohmann GmbH KG
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Future Plans

7. Section
  • References
  • Research Methodology
  • About us and Sales Contact

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Prathista Industries Ltd
  • Fine Organic Industries Private Limited
  • Niacet Corporation
  • Macco Organiques Inc.
  • Foodchem International Corporation
  • Tengzhou Tenglong Chemical Co. Ltd.
  • Dr. Paul Lohmann GmbH KG