NA Encapsulated Calcium Propionate Market - Industry Trends and Forecast to 2035

Description

List of Tables

The North America encapsulated calcium propionate market is expected to reach USD 95,485,600.17 by 2031 from USD 59,714,768.95 in 2023, growing at a CAGR of 6.1% in the forecast period of 2024 to 2031.

Market Segmentation

North America Encapsulated Calcium Propionate Market, By Grade (Food Grade and Feed Grade), Form (Powder and Granular), Application (Food & Beverages and Feed), Country (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2031

Overview of the Global Encapsulated Calcium Propionate Market Dynamics

Drivers
Increasing demand for extended shelf life
Expanding food and beverage industry
Restraint
Presence of alternative preservatives
Opportunities
Increasing demand for preservatives in bakery industry
Innovative advancements in encapsulation technologies

Market Players

Some of the major market players operating in the North America encapsulated calcium propionate market are listed below:

Glanbia plc (Ireland)
Ingrizo NV (Belgium)
PHS Life Sciences (India)
Balchem Corp. (U.S.)
LloparTec (Spain)
TasteTech (U.K.)
VEDEQSA (A Subsidiary of LAMIRSA GROUP) (Spain)

1 INTRODUCTION 11

1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 OVERVIEW 11
1.4 LIMITATIONS 12
1.5 MARKETS COVERED 12

2 MARKET SEGMENTATION 16

2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 18
2.4 CURRENCY AND PRICING 18
2.5 DBMR TRIPOD DATA VALIDATION MODEL 19
2.6 MULTIVARIATE MODELING 22
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.8 DBMR MARKET POSITION GRID 24
2.9 MARKET APPLICATION COVERAGE GRID 25
2.10 DBMR VENDOR SHARE ANALYSIS 26
2.11 SECONDARY SOURCES 27
2.12 ASSUMPTIONS 28

3 EXECUTIVE SUMMARY 29

4 PREMIUM INSIGHTS 31

4.1 PESTLE ANALYSIS 32
- 4.1.1 POLITICAL FACTORS 32
- 4.1.2 ECONOMIC FACTORS 33
- 4.1.3 SOCIAL FACTORS 33
- 4.1.4 TECHNOLOGICAL FACTORS 33
- 4.1.5 LEGAL FACTORS 33
- 4.1.6 ENVIRONMENTAL FACTORS 33
4.2 PORTER'S FIVE FORCES 34
- 4.2.1 THREAT OF NEW ENTRANTS 34
- 4.2.2 THREAT OF SUBSTITUTES 35
- 4.2.3 CUSTOMER BARGAINING POWER 35
- 4.2.4 SUPPLIER BARGAINING POWER 35
- 4.2.5 INTERNAL COMPETITION 35
4.3 IMPORT EXPORT SCENARIO 36
4.4 PRODUCTION CONSUMPTION ANALYSIS 37
4.5 VENDOR SELECTION CRITERIA 38
4.6 CLIMATE CHANGE SCENARIO 40
- 4.6.1 ENVIRONMENTAL CONCERNS 40
- 4.6.2 INDUSTRY RESPONSE 40
- 4.6.3 GOVERNMENT'S ROLE 40
- 4.6.4 ANALYST RECOMMENDATION 40
4.7 PRICING ANALYSIS 41
4.8 RAW MATERIAL COVERAGE 42
- 4.8.1 RAW MATERIALS ANALYSIS 42
- 4.8.2 CALCIUM PROPIONATE 42
- 4.8.3 PRIMARY RAW MATERIALS OF CALCIUM PROPIONATE 42
  - 4.8.3.1 Propionic Acid 42
  - 4.8.3.2 Calcium Hydroxide 42
- 4.8.4 ROLE OF ENCAPSULATING AGENTS 42
  - 4.8.4.1 Cellulose Derivatives 43
  - 4.8.4.2 Starch 43
  - 4.8.4.3 Proteins 43
- 4.8.5 MARKET INFLUENCES ON RAW MATERIAL SOURCING 43
- 4.8.6 QUALITY ASSURANCE IN RAW MATERIAL PROCUREMENT 43
4.9 SUPPLY CHAIN ANALYSIS 44
- 4.9.1 OVERVIEW 44
- 4.9.2 LOGISTIC COST SCENARIO 44
- 4.9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 44
4.10 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 46
- 4.10.1 NANO ENCAPSULATION 46
- 4.10.2 SMART ENCAPSULATION SYSTEMS 46
- 4.10.3 ENCAPSULATION USING NATURAL POLYMERS 46
- 4.10.4 ADVANCED COATING TECHNOLOGIES 46
- 4.10.5 MICROENCAPSULATION TECHNIQUES 46
- 4.10.6 INNOVATIONS IN DELIVERY SYSTEMS 47
- 4.10.7 ENCAPSULATION FOR CONTROLLED RELEASE 47
- 4.10.8 ENCAPSULATION FOR ENHANCED SOLUBILITY 47

5 REGULATION COVERAGE 48

6 MARKET OVERVIEW 50

6.1 DRIVERS 52
- 6.1.1 INCREASING DEMAND FOR EXTENDED SHELF LIFE 52
- 6.1.2 GROWING FOOD AND BEVERAGE SECTOR IN PRODUCTION AND DISTRIBUTION 52
- 6.1.3 GROWING DEMAND FOR PROCESSED AND PACKAGED FOODS 53
6.2 RESTRAINTS 54
- 6.2.1 EXISTENCE OF SUBSTITUTE PRESERVATIVES IN FOOD AND FEED INDUSTRIES 54
- 6.2.2 HIGH PRODUCTION AND PROCESSING EXPENSES 55
6.3 OPPORTUNITIES 56
- 6.3.1 INCREASING DEMAND FOR PRESERVATIVES IN THE BAKERY INDUSTRY 56
- 6.3.2 INNOVATIVE ADVANCEMENTS IN ENCAPSULATION TECHNOLOGIES 56
6.4 CHALLENGES 58
- 6.4.1 GROWING CONSUMER SHIFT TOWARDS THE USAGE OF NATURAL PRESERVATIVES 58
- 6.4.2 COMPLIANCE WITH REGULATORY STANDARDS 58

7 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE 60

7.1 OVERVIEW 61
7.2 FOOD GRADE 62
7.3 FEED GRADE 63

8 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM 65

8.1 OVERVIEW 66
8.2 POWDER 67
8.3 GRANULAR 68

9 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION 69

9.1 OVERVIEW 70
9.2 FOOD & BEVERAGES 71
9.3 FEED 74

10 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION 75

10.1 NORTH AMERICA 76
- 10.1.1 U.S. 81
- 10.1.2 CANADA 84
- 10.1.3 MEXICO 88

11 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: COMPANY LANDSCAPE 92

11.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 92
11.2 INVESTMENT 93
11.3 ACQUISITION 93
11.4 EXHIBITION 94

12 SWOT ANALYSIS 95

13 COMPANY PROFILES 96

13.1 GLANBIA PLC (2023) 96
- 13.1.1 COMPANY SNAPSHOT 96
- 13.1.2 REVENUE ANALYSIS 96
- 13.1.3 COMPANY SHARE ANALYSIS 97
- 13.1.4 PRODUCT PORTFOLIO 97
- 13.1.5 RECENT DEVELOPMENT 97
13.2 BALCHEM CORP. 98
- 13.2.1 COMPANY SNAPSHOT 98
- 13.2.2 REVENUE ANALYSIS 98
- 13.2.3 COMPANY SHARE ANALYSIS 99
- 13.2.4 PRODUCT PORTFOLIO 99
- 13.2.5 RECENT DEVELOPMENTS 99
13.3 VEDEQSA (A SUBSIDIARY OF LAMIRSA GROUP ) 101
- 13.3.1 COMPANY SNAPSHOT 101
- 13.3.2 COMPANY SHARE ANALYSIS 101
- 13.3.3 PRODUCT PORTFOLIO 102
- 13.3.4 RECENT DEVELOPMENT 102
13.4 PHS LIFE SCIENCES 103
- 13.4.1 COMPANY SNAPSHOT 103
- 13.4.2 COMPANY SHARE ANALYSIS 103
- 13.4.3 PRODUCT PORTFOLIO 104
- 13.4.4 RECENT DEVELOPMENT 104
13.5 TASTETECH 105
- 13.5.1 COMPANY SNAPSHOT 105
- 13.5.2 COMPANY SHARE ANALYSIS 105
- 13.5.3 PRODUCT PORTFOLIO 106
- 13.5.4 RECENT DEVELOPMENT 106
13.6 INGRIZO NV 107
- 13.6.1 COMPANY SNAPSHOT 107
- 13.6.2 PRODUCT PORTFOLIO 107
- 13.6.3 RECENT DEVELOPMENT 107
13.7 LLOPARTEC 108
- 13.7.1 COMPANY SNAPSHOT 108
- 13.7.2 PRODUCT PORTFOLIO 108
- 13.7.3 RECENT DEVELOPMENT 108

14 QUESTIONNAIRE 110

15 RELATED REPORTS 113

LIST OF TABLES

TABLE 1 REGULATORY FRAMEWORK 48
TABLE 2 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (USD) 62
TABLE 3 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (METRIC TON) 62
TABLE 4 NORTH AMERICA FOOD GRADE IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 62
TABLE 5 NORTH AMERICA FOOD GRADE IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (METRIC TON) 63
TABLE 6 NORTH AMERICA FEED GRADE IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 63
TABLE 7 NORTH AMERICA FEED GRADE IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (METRIC TON) 64
TABLE 8 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM, 2022-2031 (USD) 67
TABLE 9 NORTH AMERICA POWDER IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 67
TABLE 10 NORTH AMERICA GRANULAR IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 68
TABLE 11 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION, 2022-2031 (USD) 71
TABLE 12 NORTH AMERICA FOOD & BEVERAGES IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 71
TABLE 13 NORTH AMERICA FOOD & BEVERAGES IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 72
TABLE 14 NORTH AMERICA BAKERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 72
TABLE 15 NORTH AMERICA CONFECTIONERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 73
TABLE 16 NORTH AMERICA DAIRY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 73
TABLE 17 NORTH AMERICA DESSERTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 73
TABLE 18 NORTH AMERICA IN NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY REGION, 2022-2031 (USD THOUSAND) 74
TABLE 19 NORTH AMERICA FEED IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 74
TABLE 20 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY COUNTRY, 2022-2031 (USD) 77
TABLE 21 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY COUNTRY, 2022-2031 (METRIC TON) 77
TABLE 22 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (USD) 77
TABLE 23 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (METRIC TON) 77
TABLE 24 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM, 2022-2031 (USD) 78
TABLE 25 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION, 2022-2031 (USD) 78
TABLE 26 NORTH AMERICA FOOD & BEVERAGES IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 78
TABLE 27 NORTH AMERICA BAKERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 79
TABLE 28 NORTH AMERICA CONFECTIONERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 79
TABLE 29 NORTH AMERICA DAIRY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 79
TABLE 30 NORTH AMERICA DESSERTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 80
TABLE 31 NORTH AMERICA FEED IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 80
TABLE 32 U.S. ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (USD) 81
TABLE 33 U.S. ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (METRIC TON) 81
TABLE 34 U.S. ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM, 2022-2031 (USD) 81
TABLE 35 U.S. ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION, 2022-2031 (USD) 81
TABLE 36 U.S. FOOD & BEVERAGES IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 82
TABLE 37 U.S. BAKERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 82
TABLE 38 U.S. CONFECTIONERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 82
TABLE 39 U.S. DAIRY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 83
TABLE 40 U.S. DESSERTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 83
TABLE 41 U.S. FEED IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 83
TABLE 42 CANADA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (USD) 84
TABLE 43 CANADA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (METRIC TON) 84
TABLE 44 CANADA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM, 2022-2031 (USD) 84
TABLE 45 CANADA ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION, 2022-2031 (USD) 84
TABLE 46 CANADA FOOD & BEVERAGES IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 85
TABLE 47 CANADA BAKERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 85
TABLE 48 CANADA CONFECTIONERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 86
TABLE 49 CANADA DAIRY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 86
TABLE 50 CANADA DESSERTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 86
TABLE 51 CANADA FEED IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 87
TABLE 52 MEXICO ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (USD) 88
TABLE 53 MEXICO ENCAPSULATED CALCIUM PROPIONATE MARKET, BY GRADE, 2022-2031 (METRIC TON) 88
TABLE 54 MEXICO ENCAPSULATED CALCIUM PROPIONATE MARKET, BY FORM, 2022-2031 (USD) 88
TABLE 55 MEXICO ENCAPSULATED CALCIUM PROPIONATE MARKET, BY APPLICATION, 2022-2031 (USD) 88
TABLE 56 MEXICO FOOD & BEVERAGES IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 89
TABLE 57 MEXICO BAKERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 89
TABLE 58 MEXICO CONFECTIONERY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 90
TABLE 59 MEXICO DAIRY PRODUCTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 90
TABLE 60 MEXICO DESSERTS IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 90
TABLE 61 MEXICO FEED IN ENCAPSULATED CALCIUM PROPIONATE MARKET, BY TYPE, 2022-2031 (USD) 91

LIST OF FIGURES

FIGURE 1 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET 16
FIGURE 2 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: DATA TRIANGULATION 19
FIGURE 3 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: DROC ANALYSIS 20
FIGURE 4 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: NORTH AMERICA VS REGIONAL MARKET ANALYSIS 21
FIGURE 5 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: COMPANY RESEARCH ANALYSIS 21
FIGURE 6 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: MULTIVARIATE MODELLING 22
FIGURE 7 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: INTERVIEW DEMOGRAPHICS 23
FIGURE 8 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: DBMR MARKET POSITION GRID 24
FIGURE 9 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: MARKET APPLICATION COVERAGE GRID 25
FIGURE 10 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: VENDOR SHARE ANALYSIS 26
FIGURE 11 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: SEGMENTATION 30
FIGURE 12 INCREASING DEMAND FOR PROCESSED AND PACKAGED FOODS IS DRIVING THE GROWTH OF THE NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET IN THE FORECAST PERIOD 2024 TO 2031 31
FIGURE 13 THE FOOD GRADE IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET IN 2024 AND 2031 31
FIGURE 14 IMPORT EXPORT SCENARIO (USD THOUSAND) 36
FIGURE 15 ESTIMATED PRODUCTION CONSUMPTION ANALYSIS 37
FIGURE 16 VENDOR SELECTION CRITERIA 38
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET 51
FIGURE 18 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: BY GRADE, 2023 61
FIGURE 19 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: BY FORM, 2023 66
FIGURE 20 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: BY APPLICATION, 2023 70
FIGURE 21 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET (2023) 76
FIGURE 22 NORTH AMERICA ENCAPSULATED CALCIUM PROPIONATE MARKET: COMPANY SHARE 2023 (%) 92