Product Code: ETC6189400 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The propionic acid and derivatives market in Australia is part of the broader specialty chemicals sector, driven by the demand for preservatives in food, animal feed, and agricultural products. Propionic acid is commonly used to inhibit the growth of molds and bacteria in various products. The market is supported by the food and beverage industry, where the growing demand for safe and long-lasting products fuels the need for preservatives. However, the market faces challenges from consumer preferences for natural and organic products, which may limit the use of synthetic preservatives like propionic acid. Additionally, regulatory concerns over the use of certain chemicals in food products are also factors that could affect market dynamics.
The propionic acid and derivatives market in Australia is witnessing growth, driven by the increasing demand for propionic acid in the food and beverage industry as a preservative. The rise in demand for processed food products, particularly in the bakery and dairy sectors, is fueling the growth of this market. Propionic acid derivatives are also gaining traction in the agricultural industry, where they are used as feed preservatives to enhance animal health and nutrition. Furthermore, the growing adoption of eco-friendly and sustainable chemicals is propelling the demand for bio-based propionic acid and its derivatives in various applications.
The Australia propionic acid and derivatives market is challenged by environmental and regulatory pressures. Propionic acid, used in various applications such as preservatives and herbicides, faces scrutiny due to concerns over its environmental impact. Stricter environmental regulations aimed at reducing the use of chemicals in agriculture and food preservation may limit its use. Additionally, the market is affected by price volatility in raw materials, such as natural gas and petroleum, which are integral to the production of propionic acid. The market also faces competition from alternative preservation methods and more sustainable chemicals.
Propionic acid and its derivatives have growing applications in food preservation, pharmaceuticals, and agriculture, making this market in Australia attractive for chemical investors. The rising demand for safer food additives and animal feed preservatives opens the door for manufacturing expansion and import substitution. Environmentally sustainable production methods and bio-based derivatives are especially compelling for eco-conscious investors.
This market is regulated under chemical safety and environmental standards set by the National Industrial Chemicals Notification and Assessment Scheme (NICNAS). The governments focus on sustainable agriculture and bio-based alternatives is driving demand for safer chemical derivatives in food and feed applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Propionic Acid and Derivatives Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Propionic Acid and Derivatives Market - Industry Life Cycle |
3.4 Australia Propionic Acid and Derivatives Market - Porter's Five Forces |
3.5 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.10 Australia Propionic Acid and Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Propionic Acid and Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Propionic Acid and Derivatives Market Trends |
6 Australia Propionic Acid and Derivatives Market, By Types |
6.1 Australia Propionic Acid and Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Propionic AcidDerivatives, 2021- 2031F |
6.2 Australia Propionic Acid and Derivatives Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Industrial Grade/Technical Grade, 2021- 2031F |
6.2.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Food Grade, 2021- 2031F |
6.2.4 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Feed Grade, 2021- 2031F |
6.2.5 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Pharma Grade, 2021- 2031F |
6.3 Australia Propionic Acid and Derivatives Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Dry, 2021- 2031F |
6.3.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4 Australia Propionic Acid and Derivatives Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Encapsulated, 2021- 2031F |
6.4.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Non-Encapsulated, 2021- 2031F |
6.5 Australia Propionic Acid and Derivatives Market, By Source |
6.5.1 Overview and Analysis |
6.5.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Natural, 2021- 2031F |
6.5.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.6 Australia Propionic Acid and Derivatives Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.6.3 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Feed, 2021- 2031F |
6.6.4 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.6.5 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.6.6 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Home & Personal Care, 2021- 2031F |
6.6.7 Australia Propionic Acid and Derivatives Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Australia Propionic Acid and Derivatives Market Import-Export Trade Statistics |
7.1 Australia Propionic Acid and Derivatives Market Export to Major Countries |
7.2 Australia Propionic Acid and Derivatives Market Imports from Major Countries |
8 Australia Propionic Acid and Derivatives Market Key Performance Indicators |
9 Australia Propionic Acid and Derivatives Market - Opportunity Assessment |
9.1 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.6 Australia Propionic Acid and Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Propionic Acid and Derivatives Market - Competitive Landscape |
10.1 Australia Propionic Acid and Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Australia Propionic Acid and Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |