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Report Overview
The global sodium propionate market is being driven by rising demand from the application segments. Aided by the growing demand for agrochemicals, the market is expected to witness a moderate growth in the forecast period of 2025-2034, growing at a CAGR of 3.50%.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Million
3.5%
2025-2034
Sodium Propionate Market Outlook
*this image is indicative*
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North America and Europe Leading the Global Market for Sodium Propionate
North America and Europe together account for a significant proportion of the global market share. North America is one of the leading regions for the sodium propionate industry. This growth in the region is being triggered by the presence of numerous key players. The market development in Europe is primarily being driven by the increasing capital investments, especially in the food industry across countries like Italy, France, and the United Kingdom.
The rising demand from the application sectors, such as feed additives, food preservatives, as well as the pharmaceutical sector, is boosting the demand for the product globally. The market in the countries within the Asia Pacific region is, especially developing at a rapid rate. The rising capacity expansions by the manufacturers of the product, particularly in India and China, is leading to the growth of the industry.
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Sodium Propionate: Market Segmentation
Sodium propionate is a natural organic acid formed during the chemical cycle of sugar degradation. It is the sodium salt of propionic acid, which is naturally hygroscopic. The salt in the form of granular, crystal-clear, or translucent crystals is white or colourless. It is a food ingredient that has been recognised by the FDA and is primarily used to preserve and flavour foods. Sodium propionate is widely found in baked goods, foods, milk, soft drink, and alcoholic drinks.
Based on form, the industry can be divided into the following:
- Granules
- Powders
On the basis of application, the market can be divided as follows:
- Agrochemicals
- Cosmetics and Personal Care
- Food and Beverage
- Animal Feed
- Pharmaceuticals
- Others
The regional markets for sodium propionate can be divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Rising Demand from the Food and Pharmaceuticals Industries Bolstering the Market Growth
The global market is driven by the rising demand for sodium propionate in the food and pharmaceutical sectors. The product is used in these sectors to avoid the development of mould and other bacteria, especially in baked and processed foods. In the coming years, the demand for sodium propionate from the food sector is expected to grow, as it is utilised in processed and cooked foods to enhance the product's flavour and shelf-life. The product is used for the treatment of fungi and bacteria, which cause eye infections, and helps avoid adverse effects, such as allergies or sensitivities. In addition, advancements in sodium propionate in the medical practice are expected to aid patients with lids, conjunctiva, and corneal infection, thus, propelling the growth of the global sodium propionate industry. Moreover, the rise in the use of sodium propionate in cosmetic, personal care, and agrochemical industries is anticipated to drive the global sodium propionate industry during the forecast period.
Key Industry Players in the Global Sodium Propionate Market
The report gives a detailed analysis of the following key players in the global sodium propionate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Fine Organics Industries Pvt. Ltd.
- Dr. Paul Lohmann GmbH & Co. KGaA
- Jainex Specialty Chemicals
- Titan Biotech Ltd
- Qingdao Jiutai Biotechnology Co.,Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global sodium propionate market is projected to grow at a CAGR of 3.50% between 2025 and 2034.
The major drivers of the industry, such as rising disposable incomes, increasing population, and growing demand from the feed additives, food preservatives, and pharmaceutical industries, are expected to aid the market growth.
The key trend guiding the growth of the market includes the growth in the application of sodium propionate in cosmetic, personal care, and agrochemical industries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading forms of sodium propionate in the market are granules and powders.
The major application segments in the market are agrochemicals, cosmetics and personal care, food and beverage, animal feed, and pharmaceuticals, among others.
The major players in the industry are Fine Organics Industries Pvt. Ltd., Dr. Paul Lohmann GmbH & Co. KGaA, Jainex Specialty Chemicals, Titan Biotech Ltd, and Qingdao Jiutai Biotechnology Co.,Ltd., among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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