Global Market Study on Sodium Propionate: Driven by increasing Application of Antimicrobial Food Preservatives R e s e a r c h Report Media Releases Global Sodium Propionate Market Revenue Expected to Reach US$ 44.7 Mn by 2021 According to the latest market report published by Persistence Market Research, titled “Global Market Study on Sodium Propionate: Driven by Increasing Application of Antimicrobial Food Preservatives”, the global sodium propionate market was valued at US$ 31.1 Mn in 2014. Revenue is further expected to expand at a CAGR of 5.4% during the forecast period (2015 - M a r k e t 2021). As sodium propionate is a chemical ingredient, it is included in the list of artificial preservatives for food, which is a factor limiting its usage as a food ingredient in a variety of edible products. However, it is an integral component in bakery items, meats and cheese, and FDA as well as EFSA have recognized sodium propionate as a Generally Recognized as Safe (GRAS) ingredient for use in food. Sodium propionate enhances the color of processed meat and acts as a tenderizer, inhibits the growth of microorganisms, thus making it increasingly shelf-stable. Download Research Study Here @ http://www.persistencemarketresearch.com/samples/4605 The global sodium propionate market is mainly driven by factors such as adoption of animal feed P e r s i s t e n c e additives in factory farming in order to increase production of milk, meat, and eggs, increased consumption of meat and meat products coupled with growing disposable income and increased spending on food, among others. Furthermore, the growth of the retail and foodservice sectors in emerging countries has given rise to the demand for ready to eat meat products, which in turn has increased uptake of food preservatives. As a result, adoption of sodium propionate as an antimicrobial agent along with propionic acid is expected to surge globally over the next five to six years. In terms of revenue share contribution, North America is expected to dominate the global sodium propionate market during the forecast period. However, Asia-Pacific market is expected to record highest CAGR during this period. The market in Asia Pacific accounted for US$ 6.3 Mn in 2014, which is expected to increase to US$ 9.4 Mn by 2021. Global Sodium Propionate Market 2014-2021 Application of Antimicrobial Food Preservatives report @ http://www.persistencemarketresearch.com/market-research/sodium-propionate-market.asp Key players profiled in the global sodium propionate market report include Prathista Industries Ltd., Fine Organic Industries Private Ltd., Niacet Corporation, Macco Organiques Inc., Foodchem International Corporation, Tengzhou Tenglong Chemical Co. Ltd. and Dr. Paul Lohmann GmbH KG. P e r s i s t e n c e M a r k e t R e s e a r c h Browse the full Global Market Study on Sodium Propionate: Driven by Increasing Global Sodium Propionate Market 2014-2021 R e s e a r c h About Us: Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. M a r k e t Our offerings include pre-built reports that address every major sale, customized solutions to cater to client-specific needs, and consulting services to offer more value addition. Our nextgeneration research approach for exploring emerging technologies has allowed us to solve the most complex problems of clients. We do not follow a reactive approach, but a pro-active one. Expert analysts at PMR keep a tab on next-generation technologies in their R&D phase and provide the latest insights into these technologies when they are being commercialized. Our ground-breaking approach allows us to deliver market solutions before the technologies reach the market. Our client success stories feature a range of clients from Fortune 500 companies to fast-growing P e r s i s t e n c e startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset. Contact Us: Persistence Market Research 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 Email: sales@persistencemarketresearch.com Website: http://www.persistencemarketresearch.com/ media@persistencemarketresearch.com Stay updated with our official Blog: http://pmrblog.com Global Sodium Propionate Market 2014-2021
This detailed level of information is important for identification of various key trends in the global Sodium Propionate Market.
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