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Global Sodium Propionate Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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. According to our (Global Info Research) latest study, the global Sodium Propionate market size was valued at USD 121.1 million in 2022 and is forecast to a readjusted size of USD 163.7 million by 2029 with a CAGR of 4.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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. This report is a detailed and comprehensive analysis for global Sodium Propionate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Sodium Propionate market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029 Global Sodium Propionate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029 Global Sodium Propionate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029 Global Sodium Propionate market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Sodium Propionate To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Sodium Propionate market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Niacet, Macco Organiques, Prathista Industries, Fine Organics and Shandong Tongtaiweirun Chemical, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Sodium Propionate market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Food Grade Pharmaceutical Grade Market segment by Application Food Industry Pharmaceutical Industry Others Major players covered 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 Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Sodium Propionate product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Sodium Propionate, with price, sales, revenue and global market share of Sodium Propionate from 2018 to 2023. Chapter 3, the Sodium Propionate competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Sodium Propionate breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Sodium Propionate market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Sodium Propionate. Chapter 14 and 15, to describe Sodium Propionate sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Sodium Propionate 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Sodium Propionate Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Food Grade 1.3.3 Pharmaceutical Grade 1.4 Market Analysis by Application 1.4.1 Overview: Global Sodium Prop
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About this Report
Report ID 305176
Category
  • Chemicals and Materials
Published on 22-Mar
Number of Pages 107
Publisher Name Global Info Research
Editor Rating
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