| Product Code: ETC4746281 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Honduras`s import trend for propionic acid experienced a notable decline, with a growth rate of -25.35% from 2023 to 2024 and a compound annual growth rate (CAGR) of -6.26% for the period 2020-2024. This decline could be attributed to shifts in demand dynamics or changes in trade policies affecting the market.

In the Latin America region, the Propionic acid market in Honduras is projected to expand at a high growth rate of 13.46% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

The propionic acid market in Honduras is primarily driven by its use as a preservative in the food industry, as well as in the production of herbicides and plastics. As the food processing industry grows and demand for food safety and extended shelf life increases, propionic acid is becoming more widely used. The market is also benefiting from industrial applications, particularly in agriculture and plastics manufacturing.
The Propionic Acid Market in Honduras is expanding as the chemical is widely used in the production of food preservatives, animal feed additives, and plastics. The increasing demand for preservatives in the food industry, as well as the rising need for high-performance materials in manufacturing, is driving the market. Propionic acid`s use as a mold inhibitor in bread and other bakery products is a key application, while its demand in the agricultural sector is also growing due to its use in animal feed.
The propionic acid market in Honduras is affected by limited industrial applications, high production costs, and dependency on imports. Since propionic acid is mainly used in food preservation and pharmaceuticals, its demand remains niche. Additionally, local production is limited, making the market vulnerable to global supply chain disruptions.
The government regulates the production and use of propionic acid to ensure that it is safe for use in food preservation and industrial applications. Policies promote the local production of propionic acid to reduce dependency on imports and ensure a steady supply. There is a growing focus on sustainable chemical production practices in the market, with the government offering incentives for environmentally friendly production methods.
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 Honduras Propionic acid Market Overview |
3.1 Honduras Country Macro Economic Indicators |
3.2 Honduras Propionic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Honduras Propionic acid Market - Industry Life Cycle |
3.4 Honduras Propionic acid Market - Porter's Five Forces |
3.5 Honduras Propionic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Honduras Propionic acid Market Revenues & Volume Share, By End use Industry, 2021 & 2031F |
4 Honduras Propionic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Honduras Propionic acid Market Trends |
6 Honduras Propionic acid Market Segmentations |
6.1 Honduras Propionic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Honduras Propionic acid Market Revenues & Volume, By Herbicides, 2021-2031F |
6.1.3 Honduras Propionic acid Market Revenues & Volume, By Rubber Products, 2021-2031F |
6.1.4 Honduras Propionic acid Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Honduras Propionic acid Market Revenues & Volume, By Food Preservatives, 2021-2031F |
6.1.6 Honduras Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Honduras Propionic acid Market, By End use Industry |
6.2.1 Overview and Analysis |
6.2.2 Honduras Propionic acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Honduras Propionic acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Honduras Propionic acid Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Honduras Propionic acid Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Honduras Propionic acid Market Revenues & Volume, By Others, 2021-2031F |
7 Honduras Propionic acid Market Import-Export Trade Statistics |
7.1 Honduras Propionic acid Market Export to Major Countries |
7.2 Honduras Propionic acid Market Imports from Major Countries |
8 Honduras Propionic acid Market Key Performance Indicators |
9 Honduras Propionic acid Market - Opportunity Assessment |
9.1 Honduras Propionic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Honduras Propionic acid Market Opportunity Assessment, By End use Industry, 2021 & 2031F |
10 Honduras Propionic acid Market - Competitive Landscape |
10.1 Honduras Propionic acid Market Revenue Share, By Companies, 2024 |
10.2 Honduras 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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