Sodium Propionate Market

Sodium Propionate Market Outlook (2024 to 2034)

Worldwide revenue from the sales of sodium propionate is expected to reach US$ 168.5 million in 2024, as revealed in an updated Fact.MR market study. The global sodium propionate market is forecasted to expand at 3.9% CAGR to increase to a size of US$ 247.1 million by the end of 2034.

Increasing demand for sodium propionate is attributed to its effectiveness in preventing the growth of some specific bacteria and molds in food products. It assists in inhibiting spoilage microbe developments and further extending the shelf life of dairy products, processed foods, and baked goods. Growing preference for safer and long-lasting food options is driving demand for sodium propionate as a preservative globally.

Growing consumption of sodium propionate as a food preservative is contributing to its rising demand in the baking industry. Compliance with labeling regulations and food safety standards will help market players generate revenue in the long run. Increasing consumer preference for natural and clean product labels is stimulating manufacturers to use substitutes for traditional food preservatives, including sodium propionate. Constant progress in food preservation technology is resulting in more economical and effective techniques, especially in potentially developing countries.

Rising advancements in scientific research are paving the way for the development of more innovative and novel preservatives in food safety technologies, which is further positively influencing sodium propionate market trends.

• Worldwide demand for liquid-based sodium propionate is analyzed to increase at a CAGR of 4.4% and reach a market value of US$ 112.7 million by the end of 2034.
• East Asia is evaluated to account for 23.1% of the global sodium propionate market share by 2034.
• The market in Canada is forecasted to expand at a CAGR of 4.3% from 2024 to 2034.
• Sales of sodium propionate in Japan are projected to rise at a CAGR of 4.4% through 2034.

Report Attribute	Detail
Sodium Propionate Market Size (2024E)	US$ 168.5 Million
Forecasted Market Value (2034F)	US$ 247.1 Million
Global Market Growth Rate (2024 to 2034)	3.9% CAGR
B2C Channel Segment Share (2034F)	53.3%
North America Market Share (2034F)	24.3%
South Korea Market Growth Rate (2024 to 2034)	4.6% CAGR
Key Companies Profiled	Prathista Industries Ltd.; Jainex Specialty Chemicals; Fine Organic Industries Private Limited; Dr. Paul Lohmann GmbH KG; Krishna Chemicals; Macco Organiques Inc.; Titan Biotech Ltd.; Foodchem International Corporation; Sigma-Aldrich, Inc.; Tengzhou Tenglong Chemical Co. Ltd.; Paul Lohmann GmbH KG; Rishi Chemicals Work Pvt. Ltd.; Toronto Research Chemicals Inc.; Niacet Corporation; Titan Biotech Limited.

What’s Shaping the Growth Path for Sodium Propionate Manufacturers?

“Constantly Increasing Demand for Convenient and Processed Food Products”

Rising demand for pre-packaged and shelf-stable food products is driving sodium propionate market growth. Ongoing shifts to ready-to-eat and processed food products, particularly driven by requirements for quick meal options and changing lifestyles are driving demand for sodium propionate. It plays a vital role as a food preservative in extending the shelf life of eatables and ensuring the safety and freshness of these products.

“Increasing Emphasis on More Effective Food Preservation and Safety Techniques”

Prioritizing food safety is of paramount importance, which is working as a driving force behind market growth. Sodium propionate is used as a well-established food preservative known for its efficacy in restraining bacteria proliferation. With the implementation of more rigorous regulations, sodium propionate is recognized as one of the vital components helping in food preservation with reduced additives and shelf lives.

What is Limiting Market Expansion to Some Extent?

“Rising Consumer Preference for Clean Label Natural Ingredients”

More consumers are becoming cautious about health issues caused by the consumption of artificial preservatives, such as sodium propionate. An increasing preference for natural preservatives is stimulating more consumers to skip consuming these additives. Thereby, an increased demand for products containing natural preservatives is witnessed, which is limiting the expansion of the sodium propionate market size.

How are New Companies Carving a Market Space for Themselves?

“Constant Innovations in Food Processing Methods and Product Formulations”

Growing need for food preservation solutions with constantly changing processing technologies is creating opportunities for new market players. Start-ups need to invest more in R&D activities for creating formulations matching set regulations for clean-label food products with constantly surging demand for eatables with the fewest possible additives and preservatives.

Country-wise Insights

In its updated report, Fact.MR, a market research and competitive intelligence provider, mentioned that North America is projected to hold 24.3% share of global market revenue by the end of 2034. Surging demand for bakery products in the region is stimulating the consumption of sodium propionate as one of the integral components of modern bakery products.

Why is Use of Sodium Propionate High in the United States?

“Growing Consumption of Convenience and Packaged Food Products”

Attribute	United States
Market Value (2024E)	US$ 17.9 Million
Growth Rate (2024 to 2034)	4.3% CAGR
Projected Value (2034F)	US$ 27.4 Million

The United States is analyzed to hold 45.6% share of the North American market revenue by 2034. There is an increased demand for convenience and packaged food products owing to the hectic lifestyle of more individuals. Thereby, an increased demand for sodium propionate is witnessed for its ability to preserve food products without having much adverse impact on the texture or taste.

Why are More Food Manufacturers in China Relying on Sodium Propionate to Preserve Food Items?

“High Demand for Processed and Preserved Foods”

Attribute	China
Market Value (2024E)	US$ 18.5 Million
Growth Rate (2024 to 2034)	3.9% CAGR
Projected Value (2034F)	US$ 27.1 Million

China is forecasted to occupy a share of 47.5% of the East Asia market by the end of 2034. The food industry in the country is expanding significantly with a rising population and shifting consumer tastes. Thereby, there is an increasing demand for sodium propionate as a popular food preservative for increasing the shelf life of bakery items, such as baked goods, processed meats, and dairy products. Several food manufacturers are opting for sodium propionate to help in matching set regulations if used within prescribed limits.

Will Japan be a Lucrative Market for Sodium Propionate Producers?

“Market Benefiting from Noteworthy Expansion of Baking Industry”

Attribute	Japan
Market Value (2024E)	US$ 10.9 Million
Growth Rate (2024 to 2034)	4.4% CAGR
Projected Value (2034F)	US$ 16.8 Million

Japan is evaluated to hold 29.4% share of the market in East Asia by 2034. The bakery business is expanding at a significant pace in the country, which is pushing the application scope of sodium propionate for its key use as a preservative. It is used as a go-to preservative for several bakery products, such as pizza crust, cake preservatives, and bread to extend their shelf life and quality.

Category-wise Insights

As stated in the Fact.MR report, the food industry extensively utilizes sodium propionate. Increasing demand for packaged and processed food products is generating demand for sodium propionate for its use as a food preservative. It helps in preserving food quality and extending its shelf life.

Which Form of Sodium Propionate Accounts for Higher Sales?

“Preference for Liquid Sodium Propionate for Efficiency in Preventing Fungal and Bacterial Growth”

Attribute	Liquid-based Sodium Propionate
Segment Value (2024E)	US$ 73.1 Million
Growth Rate (2024 to 2034)	4.4% CAGR
Projected Value (2034F)	US$ 112.7 Million

Liquid-based sodium propionate is evaluated to capture 45.6% share of the global market by the end of 2034. Increasing use of liquid sodium propionate is because of its efficiency in preventing fungal and bacterial growth compared to other available options, such as powder and granules.

Which Medium Leads Sodium Propionate Sales?

“Growing Preference for B2C Channels for Better Understanding of Consumer Requirements”

Attribute	B2C Channels
Market Value (2024E)	US$ 90.8 Million
Growth Rate (2024 to 2034)	3.8% CAGR
Projected Value (2034F)	US$ 131.7 Million

B2C sales channels are analyzed to account for a share of 53.3% of the global market by 2034-end. These marketing campaigns are offering businesses viable insights into the preferences and requirements of consumers. With these insights, sodium propionate businesses better understand their target audience and accordingly develop more efficient marketing campaigns while analyzing consumer data.

Competitive Landscape

Key players in the sodium propionate market are constantly investing in new product launches to ensure the availability of more effective components matching set regulatory guidelines.

For instance :

• Macco Organiques is one of the leading producers of sodium propionate in Canada. In February 2022, the company signed an agreement with Kraft Heinz, a prominent food manufacturer in the United States, to expand its footprint in the country.

Fact.MR provides detailed information about the price points of the prominent manufacturers of sodium propionate positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.

Segmentation of Sodium Propionate Market Research

• By Grade :

  • Food-grade
  • Pharmaceutical-grade

• By Form :

  • Powder
  • Liquid
  • Granules

• By End-use Industry :

  • Pharmaceuticals
  • Food & Beverages
  • Agriculture
  • Cosmetics & Personal Care

• By Function :

  • Preservatives
  • pH Regulators
  • Flavor Enhancers
  • Mold Inhibitors
  • Antimicrobial Agents

• By Distribution Channel :

  • B2B Channels
  • B2C Channels

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • MEA