Product Code: ETC13161644 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Propionic Acid and Derivatives Market was valued at USD 1.4 Billion in 2024 and is expected to reach USD 1.9 Billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).
The global propionic acid and derivatives market is witnessing steady growth, driven by increasing demand from various industries such as food and beverages, pharmaceuticals, and agriculture. Propionic acid is primarily used as a preservative in the food industry due to its ability to inhibit the growth of mold and bacteria, thus extending the shelf life of products. Additionally, propionic acid derivatives like calcium and sodium propionates find applications in animal feed to prevent the growth of fungi and bacteria. The market is also influenced by the rising trend of clean-label and organic products, which further boosts the demand for propionic acid as a natural preservative. Geographically, Asia-Pacific is expected to dominate the market due to the rapid industrialization and growth of end-user industries in the region.
The Global Propionic Acid and Derivatives Market is witnessing growth due to the increasing demand for preservatives in food and feed industries. Propionic acid is widely used as a preservative in bakery products and animal feed to prevent mold growth and extend shelf life. Additionally, the rising awareness about food safety and the shift towards organic and clean-label products are driving the market growth. Opportunities in the market include the development of innovative applications such as propionate esters for pharmaceuticals and bioplastics, as well as the expansion of production capacities to meet the growing demand. The market is also benefiting from the increasing adoption of propionic acid as a flavoring agent in the food industry. Overall, the Global Propionic Acid and Derivatives Market is poised for continued expansion in the coming years.
The Global Propionic Acid and Derivatives Market faces challenges such as fluctuating raw material prices, increasing regulatory scrutiny on chemical manufacturing processes, and growing competition from alternative preservatives. Fluctuations in raw material prices, particularly in the case of petrochemical-based propionic acid production, can impact the overall production costs and profitability of market players. Additionally, stringent regulations related to environmental sustainability and safety standards in chemical production pose compliance challenges for manufacturers. The market also encounters competition from natural preservatives and other organic acid-based alternatives, which offer perceived health and safety benefits over propionic acid and its derivatives. Navigating these challenges requires market players to invest in efficient manufacturing processes, sustainable sourcing practices, and innovative product development to maintain a competitive edge in the global propionic acid and derivatives market.
The Global Propionic Acid and Derivatives Market is primarily driven by the increasing demand for preservatives in the food industry, particularly in bakery products, dairy, and animal feed applications. Propionic acid and its derivatives are widely used as preservatives due to their effectiveness in inhibiting the growth of mold and bacteria, thereby extending the shelf life of various food products. Additionally, the growing awareness about food safety and the need for sustainable agricultural practices are further fueling the market growth. The expanding usage of propionic acid derivatives in pharmaceuticals, cosmetics, and other industrial applications also contributes to the market`s expansion. Furthermore, technological advancements in production processes and the development of innovative applications are expected to drive the market in the coming years.
Government policies related to the Global Propionic Acid and Derivatives Market vary by country, but generally focus on regulations related to production, import/export, safety standards, and environmental impact. For example, in the United States, the Environmental Protection Agency (EPA) regulates the use and disposal of propionic acid to ensure environmental safety. In the European Union, propionic acid is classified as a food additive and is subject to regulations set by the European Food Safety Authority (EFSA). Additionally, countries like China and India may have specific regulations governing the production and sale of propionic acid and its derivatives. Overall, government policies play a crucial role in shaping the market dynamics for propionic acid and its derivatives by ensuring compliance with safety standards and environmental regulations.
The Global Propionic Acid and Derivatives Market is expected to witness steady growth in the coming years, driven by increasing demand from various end-use industries such as food and beverage, pharmaceuticals, and agriculture. The rising awareness regarding food preservation and the growing emphasis on animal nutrition are key factors fueling market expansion. Additionally, the use of propionic acid in the production of herbicides and cellulose acetate propionate further contributes to market growth. Technological advancements in production processes and increasing investments in research and development activities are anticipated to drive innovation and propel market growth. With a focus on sustainable practices and stringent regulations promoting the use of eco-friendly chemicals, the market is likely to see a shift towards bio-based propionic acid derivatives, offering new opportunities for market players.
The Global Propionic Acid and Derivatives Market is expected to witness significant growth across all regions, with Asia anticipated to lead the market due to the expanding food and feed industry in countries like China and India. North America is projected to experience steady growth driven by the increasing demand for preservatives in the food and beverage sector. In Europe, the market is likely to be driven by the rising applications of propionic acid in the pharmaceutical and agricultural sectors. The Middle East and Africa region is expected to see moderate growth attributed to the growing awareness regarding food safety and hygiene. Latin America is also poised for growth due to the expanding livestock industry and the rising demand for packaged food products in the region.
Global Propionic Acid and Derivatives Market |
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 Global Propionic Acid and Derivatives Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Propionic Acid and Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Global Propionic Acid and Derivatives Market - Industry Life Cycle |
3.4 Global Propionic Acid and Derivatives Market - Porter's Five Forces |
3.5 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.10 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.11 Global Propionic Acid and Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Propionic Acid and Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Propionic Acid and Derivatives Market Trends |
6 Global Propionic Acid and Derivatives Market, 2021 - 2031 |
6.1 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Propionic AcidDerivatives, 2021 - 2031 |
6.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Industrial Grade/Technical Grade, 2021 - 2031 |
6.2.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Food Grade, 2021 - 2031 |
6.2.4 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Feed Grade, 2021 - 2031 |
6.2.5 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Pharma Grade, 2021 - 2031 |
6.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Dry, 2021 - 2031 |
6.3.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.4 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Encapsulated, 2021 - 2031 |
6.4.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Non-Encapsulated, 2021 - 2031 |
6.5 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Natural, 2021 - 2031 |
6.5.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Synthetic, 2021 - 2031 |
6.6 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Food & Beverage, 2021 - 2031 |
6.6.3 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Feed, 2021 - 2031 |
6.6.4 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.6.5 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.6.6 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Home & Personal Care, 2021 - 2031 |
6.6.7 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.6.8 Global Propionic Acid and Derivatives Market, Revenues & Volume, By Industrial, 2021 - 2031 |
7 North America Propionic Acid and Derivatives Market, Overview & Analysis |
7.1 North America Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
7.2 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.5 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
7.6 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
7.7 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
7.8 North America Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Propionic Acid and Derivatives Market, Overview & Analysis |
8.1 Latin America (LATAM) Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.5 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
8.6 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
8.7 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
8.8 Latin America (LATAM) Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Propionic Acid and Derivatives Market, Overview & Analysis |
9.1 Asia Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.5 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
9.6 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
9.7 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
9.8 Asia Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Propionic Acid and Derivatives Market, Overview & Analysis |
10.1 Africa Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.5 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
10.6 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
10.7 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
10.8 Africa Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Propionic Acid and Derivatives Market, Overview & Analysis |
11.1 Europe Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.5 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
11.6 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
11.7 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
11.8 Europe Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Propionic Acid and Derivatives Market, Overview & Analysis |
12.1 Middle East Propionic Acid and Derivatives Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Propionic Acid and Derivatives Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.5 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Form, 2021 - 2031 |
12.6 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Type, 2021 - 2031 |
12.7 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Source, 2021 - 2031 |
12.8 Middle East Propionic Acid and Derivatives Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Propionic Acid and Derivatives Market Key Performance Indicators |
14 Global Propionic Acid and Derivatives Market - Export/Import By Countries Assessment |
15 Global Propionic Acid and Derivatives Market - Opportunity Assessment |
15.1 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.4 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Form, 2021 & 2031F |
15.5 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
15.6 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Source, 2021 & 2031F |
15.7 Global Propionic Acid and Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Propionic Acid and Derivatives Market - Competitive Landscape |
16.1 Global Propionic Acid and Derivatives Market Revenue Share, By Companies, 2024 |
16.2 Global Propionic Acid and Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |