Propionic Acid market report gives detailed explanation of the estimations about the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products are given in an appropriate way. A swiftly transforming market place increases the value of market research report and hence Propionic Acid market report has been created in a way that you anticipate. Skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work together meticulously to structure such a great market research report for the businesses seeking a potential growth. This team is focused on understanding client’s businesses and its needs so that the finest market research report has been dispatched to the client.
 
Data Bridge Market Research analyses that the propionic acid market was valued at USD 1.51 billion in 2021 and is expected to reach the value of USD 2.79 billion by 2029, at a CAGR of 8.00% during the forecast period of 2022-2029
 
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Market Overview
 
Propionic acid (PA) is a colourless, corrosive carboxylic acid that occurs naturally. It is created through the chemical reaction of carbon monoxide and water and is composed of a short-chain saturated fatty acid attached to a carboxyl carbon. Propionic acid is liquid and can be commercially synthesized via fermentative, biosynthetic, and amino acid catabolic pathways. It is commonly used as a preservative and additive in packaged foods and animal feed to prevent microbial and fungal growth. It is also widely used in a variety of industries, including chemical, cosmetics, and pharmaceuticals.
 
Competitive Landscape and Propionic Acid Market Share Analysis
 
Global propionic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to propionic acid market.
 
Some of the major players operating in the propionic acid market are:
 
  • DSM (Netherlands)
  • BASF SE (Germany)
  • Lonza Group (Switzerland)
  • Glanbia Plc (Ireland)
  • ADM (U.S.)
  • Farbest Brands (U.S.)
 
 
Table of Content:
 
Part 01: Executive Summary
 
Part 02: Scope of the Report
 
Part 03:  Propionic Acid Market Landscape
 
Part 04:  Propionic Acid Market Sizing
 
Part 05:  Propionic Acid Market Segmentation by Product
 
Part 06: Five Forces Analysis
 
Part 07: Customer Landscape
 
Part 08: Geographic Landscape
 
Part 09: Decision Framework
 
Part 10: Drivers and Challenges
 
Part 11: Market Trends
 
Part 12: Vendor Landscape
 
Part 13: Vendor Analysis
 
 
 
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