Global Sodium Propionate Market is Expected to Reach Roughly US$ 61,268.1 Thousand by the End of 2027, with a CAGR of 5.4% Throughout the Forecast Period (2020-2027)

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Sodium Propionate
Sodium propionate is a hygroscopic chemical compound that comes in the form of a white or crystalline powder. It's commonly utilized in the food sector as a preservative in a variety of baked goods. It's also made in the body when certain fatty acids are broken down. On baked foods, cheeses, and processed foods, sodium propionate inhibits the growth of germs and molds. It's also utilized as a flavoring agent in foods like soft drinks, meats, dairy goods, and alcoholic beverages. Sodium propionate is used in a variety of industries, including agriculture, meat, cosmetics, pharmaceuticals, and baking.

Market Drivers

Over the projected period, rising demand for animal feed containing sodium propionate as an additive is expected to market growth for propelling sodium propionate. In the animal farming business, sodium propionate is utilized as an antibacterial agent. The Expansion of the Sodium Propionate Market is predicted to be accelerated by increased meat, milk, and egg production. As a result, expansion in the animal feed sector is likely to boost market growth for sodium propionate over the forecast period.

Restraints on the Market

The decrease in sodium propionate utilization in processed foods as a result of the USDA's Dietary Guidelines for Americans' recommended daily intake is expected to stifle Sodium Propionate Market growth throughout the forecast period. Consumers' purchasing power has improved as their per capita income has increased, encouraging them to spend on food products. The market for sodium propionate is predicted to increase faster as a result of this.

Opportunities in the Market

Sodium Propionate Market growth is predicted to be accelerated by rising demand for antimicrobial in convenience foods such as pasta, ready-to-eat beef, and noodles. Furthermore, rising demand for propionates as an antibacterial in grains is likely to boost sodium propionate market growth over the forecast period. The rising usage of sodium propionate in the ready-to-eat meat sectors is likely to give the market for sodium propionate profitable growth potential. 

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