Latest research report on “Sodium Propionate Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Sodium Propionate in global, including the following market information:
Global Sodium Propionate Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Sodium Propionate Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Sodium Propionate companies in 2021 (%)
The global Sodium Propionate market was valued at 121.1 million in 2021 and is projected to reach US$ 163.7 million by 2028, at a CAGR of 4.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Sodium Propionate include Niacet, Macco Organiques, Prathista Industries, Fine Organics, Shandong Tongtaiweirun Chemical, Qingdao Jiutai Biotechnology, Tengzhou Zhongzheng Chemical, Tenglong Company and Qingdao Dawei Biological Engineering, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Sodium Propionate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sodium Propionate Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Sodium Propionate Market Segment Percentages, by Type, 2021 (%)
– Food Grade
– Pharmaceutical Grade
Global Sodium Propionate Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Sodium Propionate Market Segment Percentages, by Application, 2021 (%)
– Food Industry
– Pharmaceutical Industry
Global Sodium Propionate Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Sodium Propionate Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Sodium Propionate revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Sodium Propionate revenues share in global market, 2021 (%)
Key companies Sodium Propionate sales in global market, 2017-2022 (Estimated), (MT)
Key companies Sodium Propionate sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– 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
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