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Sodium Propionate Market 2017 - 2025 | Arkema SA, BASF AG, Imperial Chemical Industry

04-10-2019 01:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

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Sodium Propionate Market 2017 - 2025 | Arkema SA, BASF AG,

Global Sodium Propionate Market: Overview

Sodium propionate is manufactured through the reaction of sodium hydroxide or sodium carbonate with propionic acid. It is chemically produced for a wide range of industrial uses, a lot of which revolve around its toxicity to bacteria and various types of molds, making it very useful in the food industry. Sodium propionate exists as a white crystalline solid or a white powder. Propionates help in preventing microbes from generating the energy they require to propagate.

Sodium propionate is employed as a food additive in order to restrict the growth of bacteria. Sodium propionate is primarily a common food additive, which is manufactured industrially. However, sodium propionate also occurs naturally. Since sodium propionate is noxious to mold and specific bacterial species, it is an effective additive in a wide range of baked goods and products that are prone to spoilage. In addition, the compound is also used in the overall food industry in order to increase its shelf life. Moreover, sodium propionate is employed as a preservative in canned and packaged food to keep it from spoilage.

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Global Sodium Propionate Market: Top Drivers and Trends

The key driver for the global sodium propionate market is its use as a preservative and a food additive in bakery products. Sodium propionate is used in the food industry in order to enhance the color, flavor, texture, and shelf life of products, which imparts important aesthetic values and finds favor with several manufacturers, despite its lack of nutritional value. The growing food industry and the growth in the fast-food industry due to the increasingly hectic urban lifestyles is likely to continue driving the global sodium propionate market in various region over the next few years.

Additionally, the increasing number of restaurants, cafes and eateries in the world, coupled with the changing lifestyle of the people of preferring to eat ready foods rather than cooking at home, is likely to drive the global sodium propionate market in the near future. The growth in the number of bakeries and patisseries is also likely to drive this market.

Global Sodium Propionate Market: Geographical Analysis

The key regions of the global sodium propionate market are North America, Europe, Asia Pacific and the rest of the world. The demand for sodium propionate in North America has been exceptionally high owing to the changing lifestyle of people, the tremendous growth in the food industry and the increasing number of patisseries in the region. Europe follows North America in terms of demand for sodium propionate, due to the growing food industry, especially in Italy and Spain.

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Asia Pacific is anticipated to be the swift in terms of growing demands in the global sodium propionate market. Various authorizations are currently present in China for the use of sodium propionate. However owing to the changing lifestyle of people in the Asia Pacific region and the growing disposable income of consumers in emerging countries especially in India and China is expected to boost the market for sodium propionate in the near future. Moreover, the rapidly growing bakery and food industry is likely to boost the sodium propionate market during the forecast period.

Global Sodium Propionate Market: Companies Mentioned in the Report

The key companies in the global sodium propionate market so far have included Dow Chemicals Company, Arkema SA, BASF AG, Imperial Chemical Industry, and Elementis PLC.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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