Calcium Propionate Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)
Calcium Propionate Market Analysis:
- The calcium propionate market is anticipated to experience a compound annual growth rate (CAGR) of over 3% throughout the forecast period.
- Despite the negative impact of COVID-19 in 2020, the market has rebounded and is now estimated to have reached pre-pandemic levels, with steady growth expected in the future.
- The market’s demand is primarily driven by the increasing need for calcium propionate in the food and beverage industry, although the growing demand for preservative-free food may hinder market growth. Additionally, innovations targeting new emerging markets are expected to contribute to the market’s expansion.
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