Greece Propionic acid Market (2025-2031) | Trends, Forecast, Industry, Revenue, Share, Growth, Analysis, Size, Companies, Value, Segmentation & Outlook

Market Forecast By Application (Herbicides, Rubber Products, Plasticizers, Food Preservatives, Others), By End use Industry (Pharmaceuticals, Personal Care, Food & Beverage, Agriculture, Others) And Competitive Landscape
Product Code: ETC4746276 Publication Date: Nov 2023 Updated Date: Jan 2026 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Greece Propionic Acid Market: Import Trend Analysis

In the Greece propionic acid market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -16.1%. The compound annual growth rate (CAGR) for imports during 2020-2024 stood at -19.78%. This downward trajectory could be attributed to shifting demand dynamics or changes in trade policies impacting market stability.

 Greece Propionic Acid Market: Import Trend Analysis

Propionic acid Market: Greece vs Top 5 Major Economies in 2027 (Europe)


The Propionic acid market in Greece is projected to grow at a stable growth rate of 1.31% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Propionic acid Market: Greece vs Top 5 Major Economies in 2027 (Europe)

Greece Propionic acid Market Overview

The propionic acid market in Greece is expanding due to its use as a preservative in food, feed, and agricultural products, as well as in chemical manufacturing. The increasing demand for food preservation, along with its applications in animal feed and the production of herbicides, is driving growth in the propionic acid market.

Drivers of the market

The Greece propionic acid market is driven by its use in the production of preservatives for food and animal feed, as well as in the chemical industry. As consumers increasingly seek safer and longer-lasting food products, the demand for natural preservatives like propionic acid is rising. Additionally, its use in industrial applications such as plastics and pharmaceuticals contributes to its market growth in Greece.

Challenges of the market

The Greece Propionic Acid Market faces challenges from fluctuations in raw material prices, particularly from sources like acetic acid and ethanol, which can impact production costs. Additionally, the market is pressured by growing demand for sustainable and bio-based alternatives to traditional chemicals, requiring investment in research and development. Competition from global producers and increasing environmental regulations around chemical production also present obstacles for local manufacturers.

Government Policy of the market

The Greek government supports the propionic acid market by promoting its use in food preservation, agriculture, and industrial applications. Policies ensure compliance with EU safety and environmental regulations, encouraging the sustainable production and use of propionic acid in various sectors.

Key Highlights of the Report:

  • Greece Propionic acid Market Outlook
  • Market Size of Greece Propionic acid Market, 2024
  • Forecast of Greece Propionic acid Market, 2031
  • Historical Data and Forecast of Greece Propionic acid Revenues & Volume for the Period 2021-2031
  • Greece Propionic acid Market Trend Evolution
  • Greece Propionic acid Market Drivers and Challenges
  • Greece Propionic acid Price Trends
  • Greece Propionic acid Porter`s Five Forces
  • Greece Propionic acid Industry Life Cycle
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Herbicides for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Rubber Products for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Plasticizers for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Food Preservatives for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By End use Industry for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Food & Beverage for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Greece Propionic acid Market Revenues & Volume By Others for the Period 2021-2031
  • Greece Propionic acid Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End use Industry
  • Greece Propionic acid Top Companies Market Share
  • Greece Propionic acid Competitive Benchmarking By Technical and Operational Parameters
  • Greece Propionic acid Company Profiles
  • Greece Propionic acid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Greece Propionic acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Greece Propionic acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Greece Propionic acid Market Overview

3.1 Greece Country Macro Economic Indicators

3.2 Greece Propionic acid Market Revenues & Volume, 2021 & 2031F

3.3 Greece Propionic acid Market - Industry Life Cycle

3.4 Greece Propionic acid Market - Porter's Five Forces

3.5 Greece Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Greece Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F

4 Greece 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 as a mold inhibitor in bakery products

4.2.3 Rising awareness about the benefits of propionic acid in animal feed additives

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting production costs

4.3.2 Stringent government regulations regarding the use of propionic acid in food products

4.3.3 Competition from alternative preservatives in the market

5 Greece Propionic acid Market Trends

6 Greece Propionic acid Market Segmentations

6.1 Greece Propionic acid Market, By Application

6.1.1 Overview and Analysis

6.1.2 Greece Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F

6.1.3 Greece Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F

6.1.4 Greece Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F

6.1.5 Greece Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F

6.1.6 Greece Propionic acid Market Revenues & Volume, By Others, 2021-2031F

6.2 Greece Propionic acid Market, By End use Industry

6.2.1 Overview and Analysis

6.2.2 Greece Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.3 Greece Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F

6.2.4 Greece Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F

6.2.5 Greece Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F

6.2.6 Greece Propionic acid Market Revenues & Volume, By Others, 2021-2031F

7 Greece Propionic acid Market Import-Export Trade Statistics

7.1 Greece Propionic acid Market Export to Major Countries

7.2 Greece Propionic acid Market Imports from Major Countries

8 Greece Propionic acid Market Key Performance Indicators

8.1 Average selling price of propionic acid in the Greek market

8.2 Adoption rate of propionic acid in different food and feed applications

8.3 Number of research and development initiatives focused on enhancing the properties of propionic acid

9 Greece Propionic acid Market - Opportunity Assessment

9.1 Greece Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Greece Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F

10 Greece Propionic acid Market - Competitive Landscape

10.1 Greece Propionic acid Market Revenue Share, By Companies, 2024

10.2 Greece Propionic acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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