| Product Code: ETC4746260 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Croatia continues to rely on imports of propionic acid, with significant shipments coming from top exporting countries such as Germany, Netherlands, Austria, Czechia, and Romania in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to market power for key suppliers. The impressive compound annual growth rate (CAGR) of 35.57% during 2020-24 highlights a strong demand for propionic acid in Croatia. Moreover, the growth rate of 26.37% from 2023 to 2024 indicates sustained momentum in the import market for this chemical compound.

In the Europe region, the Propionic acid market in Croatia is projected to expand at a stable growth rate of 0.00% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Propionic acid, used in food preservation and as an industrial chemical, has a growing market in Croatia. Its applications in agriculture and the chemical industry drive its demand. The market is supported by advances in chemical manufacturing and a focus on food safety.
The propionic acid market in Croatia is expanding due to its use in various industrial applications, including food preservation, pharmaceuticals, and chemical manufacturing. Propionic acid is used as a preservative in baked goods and animal feed to inhibit microbial growth. The market is driven by the increasing demand for food safety and preservation solutions, as well as the growth of the pharmaceutical and chemical industries. The versatility of propionic acid in different applications is contributing to its market growth.
Challenges in the propionic acid market in Croatia include price volatility of raw materials and the need for strict adherence to environmental regulations. The market also faces competition from alternative preservatives and chemicals, which can impact demand. Additionally, managing supply chain logistics and ensuring consistent product quality are ongoing challenges.
Propionic acid, used in food preservation and chemical manufacturing, is subject to food safety regulations and environmental policies in Croatia. The government supports industries using this chemical under the EUs stringent food additive laws and environmental sustainability initiatives. There are regulations ensuring safe production and proper waste management practices.
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 Croatia Propionic acid Market Overview |
3.1 Croatia Country Macro Economic Indicators |
3.2 Croatia Propionic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Croatia Propionic acid Market - Industry Life Cycle |
3.4 Croatia Propionic acid Market - Porter's Five Forces |
3.5 Croatia Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Croatia Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F |
4 Croatia Propionic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for food preservatives in the food and beverage industry |
4.2.2 Increasing use of propionic acid in pharmaceuticals and animal feed industry |
4.2.3 Rising awareness about the benefits of propionic acid in preventing mold growth in food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production |
4.3.2 Stringent regulations related to the usage of propionic acid in food and feed applications |
4.3.3 Competition from alternative preservatives in the market |
5 Croatia Propionic acid Market Trends |
6 Croatia Propionic acid Market Segmentations |
6.1 Croatia Propionic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Croatia Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F |
6.1.3 Croatia Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F |
6.1.4 Croatia Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Croatia Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F |
6.1.6 Croatia Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Croatia Propionic acid Market, By End use Industry |
6.2.1 Overview and Analysis |
6.2.2 Croatia Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Croatia Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Croatia Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Croatia Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Croatia Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Croatia Propionic acid Market Import-Export Trade Statistics |
7.1 Croatia Propionic acid Market Export to Major Countries |
7.2 Croatia Propionic acid Market Imports from Major Countries |
8 Croatia Propionic acid Market Key Performance Indicators |
8.1 Number of new product launches containing propionic acid |
8.2 Research and development investment in propionic acid technology |
8.3 Adoption rate of propionic acid in different industries |
9 Croatia Propionic acid Market - Opportunity Assessment |
9.1 Croatia Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Croatia Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F |
10 Croatia Propionic acid Market - Competitive Landscape |
10.1 Croatia Propionic acid Market Revenue Share, By Companies, 2024 |
10.2 Croatia Propionic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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