In the Asia Pacific market, calcium propionate prices faced a downward trajectory in the first quarter due to weak demand and increasing stockpiles. Despite low Ethylene costs, the second quarter saw continued price decline due to market fluctuations and decreasing feedstock costs. Similarly, in Europe, weak demand, high inventories, and efficient China-Europe trade routes led to price drops in both quarters. In North America, echoing the global trend, feeble demand, economic uncertainties, oversupply, and geopolitical tensions resulted in price declines. Overall, calcium propionate prices were negatively impacted by subdued demand, inventory levels, fluctuating market sentiments, and external factors.
Definition
Calcium propionate is a white crystalline powder or granular solid with the chemical formula Ca(C2H5COO)2. It serves as a food preservative and mold inhibitor, preventing spoilage in baked goods. It's soluble in water, slightly soluble in alcohol, and insoluble in ether. Calcium propionate is effective at inhibiting mold and bacterial growth, extending the shelf life of food products. It's generally recognized as safe (GRAS) by regulatory agencies when used within specified limits and is widely used in the food industry to maintain product quality and safety.
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Key Details About the Calcium Propionate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Calcium Propionate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Calcium Propionate Price Forecast, including India Calcium Propionate price, USA Calcium Propionate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Calcium Propionate Price Trend:
Calcium propionate finds significant industrial use as a food preservative. It is added to various bakery and processed food products to extend shelf life by inhibiting mold and bacterial growth. This helps maintain product freshness, quality, and safety. Additionally, calcium propionate is utilized in animal feed to prevent spoilage and maintain nutritional integrity. Its effectiveness in inhibiting microbial growth makes it valuable in ensuring the stability and longevity of food items and feedstuffs. However, its industrial use is primarily focused on food and feed applications, given its ability to address spoilage concerns and enhance the overall safety of these products.
Key Players:
- Fine organics
- Aglile Nobel
- Niacet, A Kerry Company
- Henan Chemsino Industry Co Ltd
- Puratos
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